Welcome to our dedicated page for Pulse Seismic news (Ticker: PLSDF), a resource for investors and traders seeking the latest updates and insights on Pulse Seismic stock.
Pulse Seismic Inc (PLSDF) delivers cutting-edge seismic imaging solutions for energy and exploration sectors. This news hub provides investors and industry professionals with essential updates about the company's geophysical services, operational developments, and strategic direction.
Access official press releases and curated analysis covering financial results, technology innovations, and strategic partnerships. Our repository simplifies tracking of seismic data licensing agreements, survey project milestones, and corporate governance updates critical for subsurface exploration decisions.
Discover updates categorized for quick navigation: quarterly earnings disclosures, seismic library expansions, executive leadership changes, and industry conference participation. Each entry maintains factual accuracy while highlighting PLSDF's role in advancing geophysical mapping technologies.
Bookmark this page for streamlined monitoring of Pulse Seismic's market position and technical achievements. Combine our news feed with SEC filings and investor presentations for comprehensive analysis of this seismic data specialist.
Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) held its annual shareholders' meeting in Calgary on April 23, 2025, where all six nominee directors were successfully elected with overwhelming approval rates exceeding 99%. The company also received strong shareholder support for its executive compensation approach, with 99.78% votes in favor.
Pulse Seismic maintains its position as Canada's largest licensable seismic data library owner, with approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic data. The library primarily covers the Western Canada Sedimentary Basin, a important region for Canadian oil and natural gas exploration and development.
Pulse Seismic Inc. (PLSDF) reported strong Q1 2025 financial results, with total revenue of $22.8 million, a significant increase from $8.8 million in Q1 2024. The company's Board approved a 17% increase in the regular quarterly dividend to $0.0175 per share, raising the annual dividend from $0.06 to $0.07 per share.
Key financial highlights include: net earnings of $13.4 million ($0.26 per share), EBITDA of $20.0 million, and shareholder free cash flow of $15.4 million. The company ended Q1 with $14.3 million in cash and $14.2 million in working capital. During Q1, Pulse purchased and cancelled 43,300 shares under its NCIB program at an average price of $2.43 per share.
The company maintains the largest licensable seismic data library in Canada, covering approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic data.
Pulse Seismic (TSX:PSD) (OTCQX:PLSDF) has received TSX approval for a new Normal Course Issuer Bid (NCIB) to purchase up to 2,770,658 common shares, representing 10% of the public float. The NCIB will run from February 24, 2025, through February 23, 2026. Daily purchases will be to 2,866 shares, except for block purchases.
Under the previous NCIB (December 2023-2024), Pulse purchased 1,799,600 shares at an average price of $2.17. The company has also entered into an Automatic Share Purchase Plan (ASPP) to facilitate repurchases during blackout periods.
Pulse owns Canada's largest licensable seismic data library, with approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic data, primarily covering the Western Canada Sedimentary Basin.
Pulse Seismic Inc. (PLSDF) reported its 2024 financial results and declared both regular and special dividends. The company announced a quarterly dividend of $0.015 per share and a special dividend of $0.20 per share, totaling approximately $10.9 million.
Key 2024 financial highlights include:
- Total revenue of $23.4 million, down from $39.1 million in 2023
- Net earnings of $3.4 million ($0.07 per share), compared to $15.0 million in 2023
- EBITDA of $15.5 million ($0.30 per share)
- Shareholder free cash flow of $12.4 million
The company reported strong start to 2025 with $17.5 million in sales secured, representing approximately 75% of 2024 sales. Pulse maintains a strong balance sheet with zero debt and $8.7 million in cash balance as of December 31, 2024.
Pulse Seismic has announced a significant $10.0 million seismic data licensing agreement for 3D seismic data in West Central Alberta. The company reports $21.7 million in licensing revenue since October 1, 2024, with $5.6 million licensed in Q4 2024, bringing the expected 2024 total revenue to $23.4 million. For 2025, including the new deal, total licensing revenue stands at $16.1 million.
The company returned $9.5 million to shareholders in 2024 through dividends and share buybacks. This included a 9% increase in quarterly dividend to an annualized $0.06 per share, a special dividend of $0.05 per share, and total dividend payments of $0.10875 per share ($5.6 million). Additionally, Pulse purchased and cancelled approximately 1.8 million shares worth $3.9 million under its normal course issuer bid.
Pulse Seismic Inc. (PLSDF) reported its Q3 2024 financial results and approved a quarterly dividend of $0.015 per share. The company recorded total revenue of $2.7M for Q3 2024, down from $5.1M in Q3 2023. Net loss was $1.4M compared to net earnings of $393,000 in Q3 2023. For the nine months ended September 30, 2024, total revenue was $17.8M versus $22.3M in 2023. The company remains debt-free with $7.5M cash on hand. Additional sales of $2.7M in October brought year-to-date revenue to $20.5M. The company continued its shareholder returns through dividends and share buybacks, returning approximately 92% of shareholder free cashflow.
Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) reported its Q2 2024 financial results and declared dividends. The company announced a regular quarterly dividend of $0.015 per share and a special dividend of $0.05 per share, totaling approximately $3.3 million. Key highlights include:
- Shareholder free cash flow of $3.9 million ($0.07 per share) for Q2 2024
- EBITDA of $4.4 million ($0.09 per share) for Q2 2024
- Net earnings of $1.3 million ($0.03 per share) for Q2 2024
- Total revenue of $6.3 million for Q2 2024
- Debt-free status with $9.4 million cash on hand as of June 30, 2024
The company maintained a strong financial position and continued its focus on returning capital to shareholders through dividends and share buybacks.