Dawson Geophysical Co (DWSN)
NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
$3.65+0.55%
Close 2026-09-04 · 1-day change
NASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · DWSN
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow fee revenue and overall revenue through higher channel count jobs and expanded seismic data acquisition services.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $16.1 million in 2025-Q1 to $36.7 million in 2026-Q1 and was $17.9 million in 2026-Q2, an 82% increase year-over-year. Management emphasized high-density channel count jobs and expects demand to increase significantly. The trajectory shows delivering strong revenue growth consistent with management's stated priority.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated weak grew net income 60% of the time over the next year (vs 55% for the rest of the cohort, n=1735).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We started a high-density channel count job... expect demand for high-density seismic acquisition services to increase significantly.”
“High equipment utilization resulted in significant growth in our revenues and net income.”
“We expect our revenue to continue to increase quarter-over-quarter.”
Focus on profitability improvements through operational efficiencies and higher margins in seismic data services.
Stated as a priority in 3 of last 3 quarters. Net income was positive $7.7 million in 2026-Q1 but turned to a net loss of $3.4 million in 2026-Q2, partly due to $1.7 million strategic transaction costs. Adjusted EBITDA improved to $0.6 million in 2026-Q2 from negative $1.2 million in 2025-Q2. The trajectory shows mixed results with strong profitability in Q1 but a loss in Q2, reflecting partial delivery and ongoing focus on operational efficiencies.
“We incurred a net loss of $3.4 million... generated Adjusted EBITDA of $0.6 million.”
“We generated net income of $7.7 million or $0.25 per share.”
“We expect to continue improving profitability.”
Maintain disciplined capital allocation with a $3 million approved capital budget for 2026 including final payments for single node equipment.
Stated as a priority in 2 of last 2 quarters. The Board approved a capital budget of $3 million for 2026, including the final payment of $0.9 million for the single node equipment made in January 2026. Capital expenditures remain disciplined and consistent with the approved budget, indicating delivery on this capital allocation priority.
“The Company's Board of Directors approved a capital budget of $3 million for 2026.”
“The Company's Board of Directors approved a capital budget of $3 million for 2026.”
Over the trailing year it converted 0.87x of net income into operating cash flow. Historically, Energy names rated fragile grew net income 36% of the time over the next year (vs 47% for the rest of the cohort, n=996).
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity, the US dollar (low R² over the window).
5 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated stable grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=627).
Not investment advice. As of 2026-09-04.