Dawson Geophysical (NASDAQ:DWSN) Announces Earnings Results

Dawson Geophysical (NASDAQ:DWSN) issued its earnings results on Monday. The oil and gas company reported $0.19 EPS for the quarter, reports. Dawson Geophysical had a negative net margin of 5.95% and a negative return on equity of 18.84%. The company had revenue of $31.58 million for the quarter.

Dawson Geophysical Trading Up 1.8 %

DWSN stock traded up $0.03 during trading on Thursday, reaching $1.72. 8,523 shares of the stock were exchanged, compared to its average volume of 17,179. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.04. The business has a 50 day moving average price of $1.58 and a 200-day moving average price of $1.60. Dawson Geophysical has a 1 year low of $1.27 and a 1 year high of $2.65. The firm has a market capitalization of $52.99 million, a price-to-earnings ratio of -6.50 and a beta of 0.78.

Dawson Geophysical Announces Dividend

The company also recently announced a dividend, which was paid on Monday, May 6th. Shareholders of record on Monday, April 22nd were paid a dividend of $0.32 per share. This represents a yield of 18.03%. The ex-dividend date of this dividend was Friday, April 19th.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.