The stock of Dawson Geophysical Co (DWSN, Financial) experienced a sharp decline of 6.79%, currently priced at $1.49 per share with a trading volume of 17,393 shares and a turnover rate of 0.06%. Its latest financial report indicates a revenue of $12.51 million and a net loss of $3.55 million, translating to an earnings per share (EPS) of -$0.12 and a gross profit loss of $1.58 million. The price-to-earnings (P/E) ratio stands at -7.85.
Currently, there are no institutional ratings suggesting a buy, hold, or sell for DWSN stock. In the oil and gas equipment and services sector where Dawson Geophysical operates, the overall sector saw a minor increase of 0.09%. Among its peers, Enerflex Ltd, Geospace Technologies Corporation, and Profrac Holding Corp. registered significant gains, while Enservco Corporation, Nine Energy Service, and Landbridge Company Llc showed higher trading activity with turnover rates of 2.84%, 2.45%, and 1.35%, respectively. Notably, Nine Energy Service and Enservco Corporation experienced substantial price swings of 20.16% and 15.83%, respectively.
Dawson Geophysical Co provides land-based seismic data acquisition services across the contiguous United States and Canada. The company’s services include the acquisition and processing of 2D, 3D, and multi-component seismic data for oil and gas companies and independent operators. These services support onshore drilling and production of oil and gas and are delivered through a single segment dedicated to seismic data acquisition. Dawson also offers multi-component seismic data surveys, including the recording of alternate seismic waves, primarily generating revenue from the United States.
