DAWSON GEOPHYSICAL CO (DWSN)
Energy · Seismic data acquisition services · Nasdaq
Leading North American onshore seismic data acquisition services provider serving oil & gas exploration, carbon capture sequestration, and potash mining.
What DAWSON GEOPHYSICAL CO does
Dawson Geophysical Company is a leading provider of onshore seismic data acquisition services throughout the continental United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for major oil and gas companies, independent operators, multi-client data library providers, and carbon capture sequestration projects. Its subsidiary Eagle Canada Seismic Services provides heliportable seismic acquisition services and serves the potash mining industry in Canada.
Themes: ["Seismic data acquisition / exploration","Oil and gas exploration and development","Carbon capture and sequestration","Unconventional reservoir mapping","Subsurface imaging and modeling"]
Fundamentals
- Price$7.57 as of 2026-07-10 close
- Market cap$235M as of 2026-07-13
- 1-year return+429.4% as of 2026-07-10 close
- P/E49.72 as of 2026-07-13
- Net margin+4.9% as of 2026-07-13
- Gross margin+3.0% as of 2026-07-13
- ROE+26.7% as of 2026-07-13
- Debt / equity0.82 as of 2026-07-13
- Revenue growth (YoY)+64.1% as of 2026-07-13
- Revenue CAGR (3y)+1.9% SEC XBRL
- Beta-0.05 as of 2026-07-13
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Demand for seismic services is highly dependent on oil and natural gas prices, drilling activity levels, and exploration budgets of oil and gas companies, which are volatile and cyclical.","High capital intensity and dependence on seismic equipment; the company has $18.2 million in financed equipment obligations to Geospace Technologies at 8.75% interest over 36 months.","Significant working capital management risk due to timing of accounts receivable collection; accounts receivable increased 107% from year-end 2025 to Q1 2026, while operating cash flow was negative in Q1 2026."]
Competitors & peers
- TGC Industries
- SAExploration Holdings
- Mitcham Industries
Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.