Dawson Geophysical Company is a leading provider of North American onshore seismic data acquisition services with operations throughout the continental United States and Canada. Dawson acquires and processes 2-D, 3-D and multi-component seismic data solely for its clients, ranging from major oil and gas companies to independent oil and gas operators, as well as providers of multi-client data libraries.
Company profile
Ticker
DWSN
Exchange
Website
CEO
Stephen Jumper
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
TGC INDUSTRIES INC
SEC CIK
Corporate docs
Subsidiaries
Dawson Operating LLC • Eagle Canada, Inc. • Dawson Seismic Services Holdings, Inc. • Eagle Canada • Exploration Surveys, Inc. ...
IRS number
742095844
DWSN stock data
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
15 May 23
8-K
Results of Operations and Financial Condition
15 May 23
8-K
Entry into a Material Definitive Agreement
24 Mar 23
8-K
Results of Operations and Financial Condition
13 Mar 23
10-K
2022 FY
Annual report
13 Mar 23
8-K
Departure of Directors or Certain Officers
21 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
22 Dec 22
DEF 14A
Definitive proxy
9 Dec 22
8-K
Departure of Directors or Certain Officers
16 Nov 22
Transcripts
DWSN
Earnings call transcript
2021 Q3
6 Nov 21
DWSN
Earnings call transcript
2021 Q2
13 Aug 21
DWSN
Earnings call transcript
2021 Q1
13 May 21
DWSN
Earnings call transcript
2020 Q4
11 Mar 21
DWSN
Earnings call transcript
2020 Q3
1 Nov 20
DWSN
Earnings call transcript
2020 Q3
1 Nov 20
DWSN
Earnings call transcript
2020 Q3
1 Nov 20
DWSN
Earnings call transcript
2020 Q2
1 Aug 20
DWSN
Earnings call transcript
2020 Q1
10 May 20
DWSN
Earnings call transcript
2019 Q4
29 Feb 20
Latest ownership filings
SC 13G/A
Arena Investors LP
14 Feb 23
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
4
James Kevin Brata
18 Aug 22
4
C RAY TOBIAS
18 Aug 22
4
STEPHEN C JUMPER
18 Aug 22
3
Farris Wilks
11 Mar 22
SC 13G/A
Schneider John M.
17 Feb 22
SC 13G/A
AMERIPRISE FINANCIAL INC
14 Feb 22
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
11 Feb 22
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 15.94 mm | 15.94 mm | 15.94 mm | 15.94 mm | 15.94 mm | 15.94 mm |
| Cash burn (monthly) | 2.55 mm | 576.00 k | 191.00 k | 1.84 mm | 606.67 k | 136.00 k |
| Cash used (since last report) | 5.70 mm | 1.29 mm | 426.61 k | 4.12 mm | 1.36 mm | 303.77 k |
| Cash remaining | 10.24 mm | 14.66 mm | 15.52 mm | 11.82 mm | 14.59 mm | 15.64 mm |
| Runway (months of cash) | 4.0 | 25.4 | 81.2 | 6.4 | 24.0 | 115.0 |
Institutional ownership, Q4 2022
84.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 18 |
| Opened positions | 4 |
| Closed positions | 1 |
| Increased positions | 2 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 4.43 bn |
| Total shares | 21.03 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Wilks Brothers | 17.64 mm | $41.10 mm |
| Gate City Capital Management | 1.14 mm | $2.27 mm |
| Grace & White | 1.05 mm | $2.07 bn |
| RBF Capital | 451.80 k | $886.00 mm |
| Vanguard | 275.11 k | $539.22 mm |
| Gabelli Funds | 229.20 k | $449.23 mm |
| USB U.S. Bancorp. | 119.54 k | $234.30 mm |
| Pinnacle Associates | 32.42 k | $63.55 mm |
| TETAA Teton Advisors | 24.00 k | $47.04 mm |
| GS Goldman Sachs | 22.60 k | $44.30 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Aug 22 | Stephen C Jumper | Dawson Geophysical Company-Common Stock $0.01 par value | Sale back to company | Dispose D | No | No | 1.75 | 50,000 | 87.50 k | 0 |
| 16 Aug 22 | C Ray Tobias | Dawson Geophysical Company-Common Stock $0.01 par value | Sale back to company | Dispose D | No | No | 1.75 | 25,000 | 43.75 k | 0 |
| 16 Aug 22 | James Kevin Brata | Dawson Geophysical Company-Common Stock $0.01 par value | Sale back to company | Dispose D | No | No | 1.75 | 25,000 | 43.75 k | 0 |
| 18 Jan 22 | James Kevin Brata | Dawson Geophysical Company-Common Stock $0.01 par value | Sale back to company | Dispose D | No | No | 2.34 | 62,252 | 145.67 k | 25,000 |
| 18 Jan 22 | Craig W Cooper | Dawson Geophysical Company-Common Stock $0.01 par value | Sale back to company | Dispose D | No | No | 2.34 | 93,070 | 217.78 k | 0 |
News
Earnings Scheduled For May 26, 2023
26 May 23
Dawson Geophysical Q1 EPS $(0.02) Up From $(0.10) YoY, Sales $28.63M Up From $18.36M YoY
16 May 23
Dawson Geophysical Enters Asset Purchase Agreement With Wilks Brothers, LLC & Breckenridge Geophysical, LLC
24 Mar 23
Dawson Geophysical Q4 EPS $(0.12) Up From $(0.30) YoY, Sales $14.66M Up From $10.84M YoY
13 Mar 23