03:22:30 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Pason Systems Inc
Symbol PSI
Shares Issued 84,627,653
Close 2017-02-22 C$ 19.57
Market Cap C$ 1,656,163,169
Recent Sedar Documents

Stock Pickers refreshes Pason Systems buy

2017-02-22 21:30 ET - In the News

Stock Pickers Digest, in the February, 2017, issue, refreshes its buy of Pason Systems Inc., recently $19.32. Stock Pickers said buy 19 times from August, 2003, to September, 2016, at prices ranging from $10.87 to $38.69 (the stock split 2 for 1 on May 27, 2005, and again on May 26, 2006). Assuming a $1,000 investment for each of the 19 buys, the $19,000 position is now worth $31,066. Pason, which provides rig-related services to oil and gas drillers in Canada, the United States, Mexico and Argentina, recently agreed to buy the Calgary-based Verdazo Analytics. This private company makes software that analyzes data to help energy producers improve their output and profitability. The purchase price was not disclosed, but Stock Pickers says the deal will give Pason another product to sell to its customers in the oil and gas industry. The stock remains a buy.

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