trending Market Intelligence /marketintelligence/en/news-insights/trending/7Xwxs5errTXLN9h6fdcc_Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Pason Systems reports 69% YOY increase in Q2 net income

A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Pason Systems reports 69% YOY increase in Q2 net income

Pason Systems Inc. on Aug. 8 reported a second-quarter net income of C$9.2 million, or 11 Canadian cents per share, up 69% from the net income of C$5.5 million, or 6 cents per share, posted for the second quarter of 2018.

The company reported second-quarter revenue of C$72.9 million, up 7% from the C$68.3 million seen a year ago.

Free cash flow was pegged at C$32.5 million during the quarter compared to the C$23.1 million reported during the same period in 2018.

The company also announced, in a separate release, that it appointed Laura Schwinn to its board of directors, effective Aug. 8. Schwinn is president of W. R. Grace & Co.'s Specialty Catalysts business.

Pason, in another Aug. 8 release, declared a quarterly dividend of 19 cents per share, up from the previous quarterly dividend of 18 cents per share. The dividend will be payable on Sept. 27 to shareholders of record Sept. 13.

Headquartered in Calgary, Alberta, Pason Systems provides instrumentation and data management systems for drilling rigs.