Added to YB: 2026-10-05
Pitch date: 2026-10-01
PSD.TO [bullish]
Pulse Seismic Inc.
-3.48%
current return
Author Info
No bio for this author
Company Info
Pulse Seismic Inc. engages in the acquisition and licensing of 2D and 3D seismic data to the energy sector in western Canada.
Market Cap
CAD 147.1M
Pitch Price
CAD 3.16
Price Target
3.26 (+7%)
Dividend
6.03%
EV/EBITDA
22.86
P/E
393.38
EV/Sales
8.97
Sector
Energy Equipment and Services
Category
value
A fully paid for library that keeps printing cash; Q3 2026 just proved it again - Pulse Seismic Inc.
PSD.TO: Pulse Seismic’s fully paid, debt-free seismic library requires almost no capex, and preliminary Q3 revenue of ~C$17.3M, up more than 400%, reaffirmed its cash-generation potential after a weak first half. At C$2.90, the shares trade near 7x 2027E EBITDA with a 2.6% regular yield; the C$3.26 target plus C$0.20-C$0.25 of expected dividends implies ~20% return. Whitecap’s challenge to the relicensing model is the swing risk.
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