Dawson Geophysical Company (DWSN) specializes in the collection and interpretation of onshore seismic data, operating across both the United States and Canada. They are adept at capturing and analyzing various forms of seismic information—including 2D, 3D, and multi-component datasets—for a diverse clientele. This includes major and independent oil and gas firms, alongside entities that manage multi-client data repositories. Their field teams primarily furnish this geological data to businesses involved in locating and developing petroleum resources, encompassing operations on land and within transitional zones where land meets water. Additionally, Dawson extends its services to the potash mining sector. Established in 1952 and headquartered in Midland, Texas, Dawson Geophysical Company operates as a subsidiary under Wilks Brothers, LLC.
DAWSON GEOPHYSICAL REPORTS SECOND QUARTER 2026 RESULTS
Dawson Geophysical reported Q2 2026 revenue of $17.9 million, an 82% increase year-over-year, with Adjusted EBITDA of $0.6 million marking the fourth consecutive quarter of positive adjusted profitability.
Year-to-date revenue jumped 94% to $46.5 million, driving net income of $4.2 million compared to a net loss in the prior year period.
The company continues discussions with controlling stockholder Wilks Brothers regarding potential transactions, having incurred $1.7 million in strategic transaction costs during the quarter.