Canada's Pulse Seismic Q4 revenue rises, declares special dividend

Overview

• Canada seismic data firm's Q4 revenue rose yr/yr

• Company declared special dividend of C$0.10 per share

• Total dividends declared in 2025 amounted to C$23.7 mln

Outlook

• Company notes commodity price weakness may drive oil prices lower through 2026

• Pulse expects increased drilling activity due to TMX pipeline expansion and LNG Canada facility

Result Drivers

• SALES GROWTH - Revenue growth driven by increases in both traditional and transaction-based sales, according to CEO Neal Coleman

• CASH FLOW RETURN - 76% of shareholder free cash flow returned to shareholders through dividends and share repurchases

• SEISMIC DATA LIBRARY - Company emphasizes seismic data library as a key asset for risk mitigation in the energy sector

Company press release: ID:nGNX6YPLQn

Key Details

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