dawson geophysical company provides onshore seismic data acquisition and processing services in the united states and canada. it acquires and processes 2-d, 3-d, and multi-component seismic data for its clients ranging from oil and gas companies to independent oil and gas operators, as well as the providers of multi-client data libraries. the company’s 2-d method collects seismic data to generate a single plane of subsurface seismic data; and 3-d method creates a volume of seismic data, which produces precise images of the earth’s subsurface. as of december 31, 2014, it operates eight to ten seismic crews consisting of crews in the united states and canada. dawson geophysical company was founded in 1952 and is headquartered in midland, texas with additional offices in houston, plano, denver and oklahoma city with eagle canada located in calgary.
Company profile
Ticker
DWSN
Exchange
Website
CEO
Stephen Jumper
Employees
Incorporated
Location
Fiscal year end
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-K
2023 FY
Annual report
1 Apr 24
8-K
Results of Operations and Financial Condition
1 Apr 24
8-K
Departure of Directors or Certain Officers
20 Dec 23
8-K
Amendments to Articles of Incorporation or Bylaws
1 Dec 23
8-K
Departure of Directors or Certain Officers
1 Dec 23
8-K
Departure of Directors or Certain Officers
22 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Results of Operations and Financial Condition
9 Nov 23
DEF 14A
Definitive proxy
8 Nov 23
PRE 14A
Preliminary proxy
27 Oct 23
Transcripts
DWSN
Earnings call transcript
2021 Q3
6 Nov 21
DWSN
Earnings call transcript
2021 Q3
4 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
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
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) | 18.89 mm | 18.89 mm | 18.89 mm | 18.89 mm | 18.89 mm | 18.89 mm |
Cash burn (monthly) | 1.40 mm | 558.25 k | 1.90 mm | 1.56 mm | 1.10 mm | 408.42 k |
Cash used (since last report) | 9.49 mm | 3.79 mm | 12.87 mm | 10.57 mm | 7.44 mm | 2.77 mm |
Cash remaining | 9.40 mm | 15.10 mm | 6.02 mm | 8.32 mm | 11.45 mm | 16.12 mm |
Runway (months of cash) | 6.7 | 27.1 | 3.2 | 5.3 | 10.4 | 39.5 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 3 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 4.99 bn |
Total shares | 40.05 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dan H. Wilks | 18.85 mm | $39.39 mm |
Wilks Brothers | 17.64 mm | $41.10 mm |
Gate City Capital Management | 1.14 mm | $2.27 mm |
Grace & White | 1.03 mm | $2.09 bn |
RBF Capital | 451.80 k | $917.15 mm |
Vanguard | 275.11 k | $558.47 mm |
Gabelli Funds | 229.20 k | $465.28 mm |
Salem Investment Counselors | 197.19 k | $400.30 mm |
USB U.S. Bancorp. | 119.54 k | $242.67 mm |
Pinnacle Associates | 32.42 k | $65.82 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Sep 23 | Wilks Brothers | Class A common stock, par value $0.01 per share | Conversion | Acquire C | Yes | No | 1.7 | 5,811,765 | 9.88 mm | 24,609,095 |
13 Sep 23 | Wilks Brothers | Convertible Note (convertible into Common Stock) Class A common stock, par value $0.01 per share | Conversion | Dispose C | Yes | No | 1.7 | 5,811,765 | 9.88 mm | 24,609,095 |
14 Jun 23 | Wilks Brothers | Class A common stock, par value $0.01 per share | Buy | Acquire P | Yes | No | 2.23 | 8,895 | 19.84 k | 18,847,330 |