Timur Kuru - Pason Systems President and General Manager - USA

PSI Stock  CAD 15.98  0.27  1.66%   

President

Mr. Timur Kuru is President and General Manager USA of the Company. He is responsible for leading and building upon our very successful and established business in the US, defending and expanding our strong market position, and generating new ideas for profitable growth in our biggest market. Timur brings more than 20 years of oil and gas industry experience and working knowledge to Pason. Most recently, he served as Executive Vice President of Solaris, where he led manufacturing, service, and rental operations. Prior to joining Solaris, he was the Vice President of Engineering, Manufacturing, and Operations Support for Key Energy Services. He has also held executive positions at LeTourneau Technologies and Forum Energy Technologies. In addition, Timurs background includes working for several years with Bain Company as a management consultant and with Schlumberger where he began his career as field engineer. Timur has a Masters of Business Administration from Harvard University, and holds both a BS and Master in Electrical Engineering from Rice University. since 2018.
Age 49
Tenure 6 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 27th of April 2024, Return On Tangible Assets is likely to drop to 0.14. In addition to that, Return On Capital Employed is likely to drop to 0.32. At this time, Pason Systems' Non Currrent Assets Other are very stable compared to the past year. As of the 27th of April 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.

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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.

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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.
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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.