Bryce McLean - Pason Systems Vice President - Operations, Canada

PSI Stock  CAD 15.89  0.62  4.06%   

President

Mr. Bryce McLean is Vice President Operations, Canada of Pason Systems Inc. He is responsible for providing legal advice and support to the various business units throughout Pason and manages legal services globally. As the corporate secretary, Bryce is also responsible for the official documents of the corporation and ensuring the Board of Directors documentation meets corporate governance guidelines. Bryce joined Pason on March 28, 2011 as Legal Counsel and was appointed as a member of Pasons senior management team on April 16, 2012. Prior to joining Pason, Bryce articled at Field Law and later became an Associate in their business law department. Bryce holds a BS in Business Administration from Valley City State University and received his LL.B from the University of Albertas Faculty of Law. He is a member of the Law Society of Alberta, the Canadian Bar Association, the Canadian Corporationrationrate Counsel Association, and the Inhouse Counsel Network. since 2017.
Tenure 7 years
Address 6130 Third Street SE, Calgary, AB, Canada, T2H 1K4
Phone403-301-3400
Webhttps://www.pason.com

Pason Systems Management Efficiency

The company has return on total asset (ROA) of 0.1753 % which means that it generated a profit of $0.1753 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2451 %, meaning that it generated $0.2451 on every $100 dollars invested by stockholders. Pason Systems' management efficiency ratios could be used to measure how well Pason Systems manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to drop to 0.32. In addition to that, Return On Assets is likely to drop to 0.14. At this time, Pason Systems' Non Currrent Assets Other are very stable compared to the past year. As of the 28th of March 2024, Other Current Assets is likely to grow to about 13.2 M, while Total Assets are likely to drop about 335.1 M.
The company has accumulated 5.53 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Pason Systems has a current ratio of 5.51, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Pason Systems until it has trouble settling it off, either with new capital or with free cash flow. So, Pason Systems' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pason Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pason to invest in growth at high rates of return. When we think about Pason Systems' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

John JacobTerravest Capital
N/A
Michael HallatCES Energy Solutions
N/A
Jason VeenstraNorth American Construction
39
Kenneth ZingerCES Energy Solutions
56
Robert SprinkhuysenSTEP Energy Services
N/A
Mitchell DeBelserTerravest Capital
N/A
Kenneth ZandeeCES Energy Solutions
N/A
Joseph LambertNorth American Construction
59
Bailey EppSTEP Energy Services
N/A
Mitchell MBATerravest Capital
N/A
Steve GlanvilleSTEP Energy Services
N/A
Barry PalmerNorth American Construction
63
Pierre FournierTerravest Capital
N/A
David JohnsonSTEP Energy Services
N/A
Michael GeringTerravest Capital
N/A
Michael KellySTEP Energy Services
60
Jordan SlatorNorth American Construction
53
Jason WaughCES Energy Solutions
N/A
Marilyn BoucherTerravest Capital
N/A
Pason Systems Inc. provides instrumentation and data management systems for drilling rigs. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada. PASON SYSTEMS operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. Pason Systems (PSI) is traded on Toronto Exchange in Canada and employs 27 people. Pason Systems is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Pason Systems Leadership Team

Elected by the shareholders, the Pason Systems' board of directors comprises two types of representatives: Pason Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pason. The board's role is to monitor Pason Systems' management team and ensure that shareholders' interests are well served. Pason Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pason Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ben Thomas, Director Unit
CFA CPA, CEO Pres
Timur Kuru, President and General Manager - USA
Lars Olesen, Vice President - Product Management
Laura Schwinn, Independent Director
Chad Yetka, COO
Marcel Kessler, President, Chief Executive Officer, Director
David Elliott, Vice President - Finance
Allen Brooks, Independent Director
James Hill, Executive Chairman of the Board
Judi Hess, Independent Director
Kevin Boston, Vice President - Corporate Development
Kevin Lo, Vice President - New Ventures
Celine Boston, Chief Officer
Jon Faber, Chief Financial Officer
Russell Smith, Vice President - Operations, International and Offshore
Natalie Fenez, VP Secretary
Melinda Ando, General Counsel and Corporate Secretary
James Howe, Lead Independent Director
David Holodinsky, VP of US Operations
Heather Hantos, Vice Resources
Reid Wuntke, I Software
Jay Collins, Independent Director
Ryan Beurden, Vice President - Rigsite Research and Development
Murray Cobbe, Independent Director
T Collins, Independent Director
Bryce McLean, Vice President - Operations, Canada

Pason Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pason Systems a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pason Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pason Systems' short interest history, or implied volatility extrapolated from Pason Systems options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pason Systems using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pason Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Pason Stock analysis

When running Pason Systems' price analysis, check to measure Pason Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pason Systems is operating at the current time. Most of Pason Systems' value examination focuses on studying past and present price action to predict the probability of Pason Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pason Systems' price. Additionally, you may evaluate how the addition of Pason Systems to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Please note, there is a significant difference between Pason Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pason Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pason Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.