Dawson Geophysical (DWSN, Financial) experienced a significant drop in its stock price, falling by 7.91%. The current trading price is $1.57 per share, with a trading volume of 2,628 shares and a turnover rate of 0.01%.
Recent financial results reveal that Dawson Geophysical reported a revenue of $12.51 million and a net loss of $3.55 million, which translates to an earnings per share (EPS) of -$0.12. The company's gross profit stood at a loss of $1.58 million, giving it a price-to-earnings (P/E) ratio of -8.24. There are currently no institutional ratings suggesting a "buy," "hold," or "sell" recommendation for the stock.
Within the oil and gas equipment and services sector, which saw an overall decline of 1.89%, several related stocks showed notable performance. Yancoal Technology, Smart Sand, Inc., and Enservco Corporation recorded significant gains. Conversely, Nine Energy Service, Tidewater, and Halliburton experienced high activity levels, with turnover rates of 1.09%, 0.84%, and 0.79%, respectively. Enservco Corporation, Profrac Holding Corp., and Yancoal Technology exhibited significant price volatility with amplitudes of 7.17%, 7.02%, and 6.85% respectively.
Dawson Geophysical is a provider of onshore seismic data acquisition services, primarily operating in the continental United States and Canada. The company offers seismic data collection, including two-dimensional, three-dimensional, and multicomponent data for oil and gas drilling and production. Their services are directed at petroleum and gas companies, both major and independent operators, with the majority of their revenue stemming from the United States.
