Valuation Update With 7 Day Price Move • 1h
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to US$3.02, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 26x in the Energy Services industry in the US. Total returns to shareholders of 95% over the past three years. Reported Earnings • Aug 16
Second quarter 2026 earnings released: US$0.11 loss per share (vs US$0.076 loss in 2Q 2025) Second quarter 2026 results: US$0.11 loss per share (further deteriorated from US$0.076 loss in 2Q 2025). Revenue: US$17.9m (up 82% from 2Q 2025). Net loss: US$3.44m (loss widened 46% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to US$7.57, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 27x in the Energy Services industry in the US. Total returns to shareholders of 339% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$5.30, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 26x in the Energy Services industry in the US. Total returns to shareholders of 206% over the past three years. New Risk • Jun 24
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk High level of debt (63% net debt to equity). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$4.49, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 27x in the Energy Services industry in the US. Total returns to shareholders of 181% over the past three years. Reported Earnings • May 16
First quarter 2026 earnings released: EPS: US$0.25 (vs US$0.032 in 1Q 2025) First quarter 2026 results: EPS: US$0.25 (up from US$0.032 in 1Q 2025). Revenue: US$36.7m (up 128% from 1Q 2025). Net income: US$7.66m (up US$6.67m from 1Q 2025). Profit margin: 21% (up from 6.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2025 earnings released: US$0.063 loss per share (vs US$0.13 loss in FY 2024) Full year 2025 results: US$0.063 loss per share (improved from US$0.13 loss in FY 2024). Revenue: US$75.6m (up 2.0% from FY 2024). Net loss: US$1.94m (loss narrowed 53% from FY 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Anuncio • Mar 28
Dawson Geophysical Company to Report Q4, 2025 Results on Mar 30, 2026 Dawson Geophysical Company announced that they will report Q4, 2025 results After-Market on Mar 30, 2026 New Risk • Feb 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$91.6m market cap). Reported Earnings • Nov 14
Third quarter 2025 earnings released: US$0.037 loss per share (vs US$0.18 loss in 3Q 2024) Third quarter 2025 results: US$0.037 loss per share (improved from US$0.18 loss in 3Q 2024). Revenue: US$22.7m (up 58% from 3Q 2024). Net loss: US$1.15m (loss narrowed 80% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2025 earnings released: US$0.076 loss per share (vs US$0.12 loss in 2Q 2024) Second quarter 2025 results: US$0.076 loss per share (improved from US$0.12 loss in 2Q 2024). Revenue: US$9.85m (down 21% from 2Q 2024). Net loss: US$2.35m (loss narrowed 34% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Albert Conly was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • May 01
Dawson Geophysical Company, Annual General Meeting, Jun 17, 2025 Dawson Geophysical Company, Annual General Meeting, Jun 17, 2025. Anuncio • Apr 02
Dawson Geophysical Company announced delayed annual 10-K filing On 04/01/2025, Dawson Geophysical Company announced that they will be unable to file their next 10-K by the deadline required by the SEC. Reported Earnings • Mar 30
Full year 2024 earnings released: US$0.13 loss per share (vs US$0.45 loss in FY 2023) Full year 2024 results: US$0.13 loss per share (improved from US$0.45 loss in FY 2023). Revenue: US$74.2m (down 23% from FY 2023). Net loss: US$4.12m (loss narrowed 66% from FY 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 14
Third quarter 2024 earnings released: US$0.18 loss per share (vs US$0.20 loss in 3Q 2023) Third quarter 2024 results: US$0.18 loss per share. Revenue: US$14.4m (down 37% from 3Q 2023). Net loss: US$5.62m (loss widened 8.1% from 3Q 2023). Reported Earnings • Aug 13
Second quarter 2024 earnings released: US$0.12 loss per share (vs US$0.18 loss in 2Q 2023) Second quarter 2024 results: US$0.12 loss per share (improved from US$0.18 loss in 2Q 2023). Revenue: US$12.5m (down 38% from 2Q 2023). Net loss: US$3.55m (loss narrowed 20% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: US$0.19 (vs US$0.017 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.19 (up from US$0.017 loss in 1Q 2023). Revenue: US$31.6m (up 7.4% from 1Q 2023). Net income: US$5.85m (up US$6.26m from 1Q 2023). Profit margin: 19% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Anuncio • May 01
Dawson Geophysical Company, Annual General Meeting, Jun 18, 2024 Dawson Geophysical Company, Annual General Meeting, Jun 18, 2024, at 10:00 Central Standard Time. Agenda: To elect five directors to serve until the next annual meeting of shareholders and until their respective successors shall be elected and qualified; to ratify the selection of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; to vote upon a non-binding advisory resolution regarding the compensation of our named executive officers as disclosed in this Proxy Statement; and to transact such other business as may properly come before the meeting and any adjournment thereof. Upcoming Dividend • Apr 12
Upcoming dividend of US$0.32 per share Eligible shareholders must have bought the stock before 19 April 2024. Payment date: 06 May 2024. The company last paid an ordinary dividend in February 2014. The average dividend yield among industry peers is 2.0%. Anuncio • Apr 03
Dawson Geophysical Company Declares Special Cash Dividend, Payable on May 6, 2024 Dawson Geophysical Company's Board of Directors announced that they have declared a special cash dividend on the company's common stock of $0.32 per share, payable on May 6, 2024, to stockholders of record as of the close of business on April 22, 2024. The aggregate payment will be approximately $9.9 million. Reported Earnings • Apr 01
Full year 2023 earnings released: US$0.45 loss per share (vs US$0.86 loss in FY 2022) Full year 2023 results: US$0.45 loss per share (improved from US$0.86 loss in FY 2022). Revenue: US$96.8m (up 158% from FY 2022). Net loss: US$12.1m (loss narrowed 41% from FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Jan 10
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Director Emeritus Gary Hoover is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Nov 09
Dawson Geophysical Company, Annual General Meeting, Nov 30, 2023 Dawson Geophysical Company, Annual General Meeting, Nov 30, 2023, at 10:00 US Eastern Standard Time. Agenda: To elect five directors to serve until the next annual meeting of shareholders and until their respective successors shall be elected and qualified; to amend the Restated Articles of Incorporation, as amended, of the Company (the Charter") to remove Section 7(6)(f) requiring a supermajority vote for business combinations; to amend the Charter to permit shareholders to take non-unanimous action by written consent; to ratify the selection of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023; to vote upon a non-binding advisory resolution regarding the compensation of named executive officers as disclosed in this Proxy Statement; and to transact such other business as may properly come before the meeting and any adjournment thereof. Reported Earnings • Nov 06
Third quarter 2021 earnings released: US$0.33 loss per share (vs US$0.34 loss in 3Q 2020) The company reported a poor third quarter result with weaker revenues, weaker control over costs and no improvement to losses. Third quarter 2021 results: Revenue: US$1.91m (down 78% from 3Q 2020). Net loss: US$7.87m (flat on 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: US$0.38 loss per share (vs US$0.064 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$193.0k (down 99% from 2Q 2020). Net loss: US$9.02m (down US$10.5m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Executive Departure • May 15
Independent Director has left the company On the 11th of May, Craig Cooper's tenure as Independent Director ended after 6.3 years in the role. We don't have any record of a personal shareholding under Craig's name. A total of 2 executives have left over the last 12 months. Reported Earnings • May 15
First quarter 2021 earnings released: US$0.22 loss per share (vs US$0.043 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$11.7m (down 70% from 1Q 2020). Net loss: US$5.23m (down US$6.22m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Executive Departure • Apr 08
CTO & Executive VP has left the company On the 5th of April, James Thomas' tenure as CTO & Executive VP ended after 6.2 years in the role. As of December 2020, James personally held 67.43k shares (US$143k worth at the time). James is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 13
Full year 2020 earnings released: US$0.56 loss per share (vs US$0.66 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: US$86.1m (down 41% from FY 2019). Net loss: US$13.2m (loss narrowed 13% from FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 17
New 90-day high: US$3.11 The company is up 71% from its price of US$1.82 on 18 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 34% over the same period. Is New 90 Day High Low • Jan 23
New 90-day high: US$2.75 The company is up 29% from its price of US$2.13 on 23 October 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 59% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: US$2.69 The company is up 28% from its price of US$2.10 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 53% over the same period. Reported Earnings • Oct 31
Third quarter earnings released Over the last 12 months the company has reported total losses of US$11.2m, with losses narrowing by 47% from the prior year. Total revenue was US$110.8m over the last 12 months, down 21% from the prior year. Is New 90 Day High Low • Oct 07
New 90-day high: US$2.02 The company is up 37% from its price of US$1.47 on 09 July 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 9.0% over the same period. Anuncio • Jul 24
Dawson Geophysical Company to Report Q2, 2020 Results on Jul 30, 2020 Dawson Geophysical Company announced that they will report Q2, 2020 results on Jul 30, 2020