Dawson Geophysical CO

Market Movers (8-K)

NASDAQ
Dawson Geophysical Company announced a significant increase in first quarter 2026 revenue and net income, driven by high equipment utilization and new technology deployment.
Better than expected
NASDAQ
Dawson Geophysical Company reported a 220% increase in third-quarter fee revenues to $14.9 million, significantly reducing its net loss and achieving positive EBITDA, driven by new equipment deployment.
Better than expected
Capital raise
NASDAQ
Dawson Geophysical Company and its subsidiary secured a $5 million revolving credit note with Equify Financial, a related party, at a 13% interest rate, collateralized by vibrator energy source vehicles.
Capital raise
Worse than expected
NASDAQ
Dawson Geophysical reports improved Q2 2025 results and a significant $24.2 million investment in new seismic acquisition technology to enhance future capabilities.
Better than expected
Capital raise
NASDAQ
Dawson Geophysical Company's subsidiary, Dawson Operating LLC, entered a $24.2 million agreement to acquire Pioneer seismic land nodes from Geospace Technologies' subsidiary, GTC, Inc., enhancing its seismic data acquisition capabilities.
Capital raise
NASDAQ
Dawson Geophysical Company announced the successful re-election of all director nominees, the ratification of RSM US LLP as its independent auditor, and the advisory approval of executive compensation at its Annual Meeting of Stockholders held on June 17, 2025.

Quarterly Earnings (10-Q)

NASDAQ
Dawson Geophysical Company reported a significant increase in Q3 2025 revenue and reduced net loss, driven by increased crew utilization and strategic investment in new seismic equipment.
Better than expected
Capital raise
NASDAQ
Dawson Geophysical reports increased cash flow and a strategic $24.2 million investment in new seismic equipment despite a net loss for the first half of 2025.
Capital raise
NASDAQ
Dawson Geophysical's Q1 2025 results show a net income of $992,000, driven by strong performance in Canadian operations, while U.S. revenues decreased due to lower crew utilization.
Worse than expected
NASDAQ
Dawson Geophysical Company experienced a decrease in revenue and a net loss in the third quarter of 2024, while also seeing a reduction in operating costs and a termination of their loan agreement.
Worse than expected
NASDAQ
Dawson Geophysical experienced a decrease in revenue and a net loss in the second quarter of 2024, but anticipates improved performance in the coming quarters due to increased backlog and the resumption of Canadian operations.
Worse than expected
NASDAQ
Dawson Geophysical Company reported a net income of $5.8 million for the first quarter of 2024, a significant improvement compared to a net loss in the same period last year, driven by increased U.S. operations.
Better than expected

Annual Reports (10-K)

NASDAQ
Dawson Geophysical Company filed an amendment to its 2025 Annual Report to provide required disclosures regarding directors, executive compensation, and corporate governance.
Capital raise
NASDAQ
Dawson Geophysical Company reported a reduced net loss of $1.9 million in 2025, an improvement from $4.1 million in 2024, driven by increased demand and strategic equipment investments.
Better than expected
Capital raise
NASDAQ
Dawson Geophysical reports a net loss for 2024 but highlights improved margins and strategic cost management amid fluctuating oil and gas prices.
Worse than expected
NASDAQ
Dawson Geophysical Company's 10-K filing outlines its common and preferred stock structure, dividend and voting rights, and anti-takeover provisions under Texas law.

Insider Trading (Form 4)

NASDAQ
Dawson Geophysical Co. reports a transaction where EVP & COO Ray L. Mays acquired 150 shares of common stock.
NASDAQ
Wilks Brothers, LLC directly acquired 15.5 million Dawson Geophysical shares from its subsidiary, WB Acquisitions Inc., as part of an internal dissolution plan.
NASDAQ
Dawson Geophysical Company's EVP & COO, Ray L. Mays, was granted 100,000 restricted stock units, aligning executive incentives with shareholder interests.
NASDAQ
Dawson Geophysical CEO William Anthony Clark was granted 150,000 restricted stock units, vesting annually starting October 2026.
NASDAQ
Dawson Geophysical CEO William Anthony Clark acquired 550 shares of common stock at $1.59 per share on September 9, 2025, increasing his direct beneficial ownership to 1,850 shares.
NASDAQ
Dawson Geophysical Co.'s CEO and President, William Anthony Clark, acquired 500 shares of common stock, signaling confidence in the company.
Better than expected

Proxy Statements (Def-14A)

NASDAQ
Dawson Geophysical Company announces its annual shareholder meeting to be held virtually on June 17, 2025, to elect directors, ratify the selection of its accounting firm, and conduct an advisory vote on executive compensation.
NASDAQ
Dawson Geophysical Company has filed a supplement to its proxy statement to disclose the late filing of Section 16(a) reports for two executive officers.
NASDAQ
Dawson Geophysical Company will hold its annual shareholder meeting virtually on June 18, 2024, to elect directors, ratify the selection of its accounting firm, and vote on executive compensation.

Schedule 13D - Activist Investments

NASDAQ
Wilks Brothers, LLC has consolidated its direct ownership of Dawson Geophysical Co. common stock to 79.42% following the dissolution of its subsidiary, WB Acquisitions Inc.
NASDAQ
The Wilks Brothers group has increased its beneficial ownership in Dawson Geophysical Company to 79.42% and signals intent for potential strategic transactions.