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The Company acquires and processes 2-D, 3-D seismic and multi-component seismic data for its clients, ranging from major oil and gas companies to independent oil and gas operations as well as providers of multi-client data libraries.
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bulwnkl (49.24) Submitted: 6/29/06 2:09 AM : Start Price: $29.31 DWSN Score: -8.24
Wall street does not apprecieate the tremendous backlog of work, improving contracts for services (minimize weather related losses), and situation for continued strong earnings (oil over 40/barrel)
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SensibleGirl (58.63) Submitted: 10/04/06 1:42 AM
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Yes, I also see Dawson pedaling as fast as it can and spending some money to stay at the top of their game. At some point they should arrive at a balance point and we'll hopefully see some nice gains.
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bulwnkl (49.24) Submitted: 10/10/06 7:58 PM
I have to agree with you. The only blemish I see with this company has been there capex. I hope its a temporary thing. Once they are through upgrading there aging fleet of trucks and upgrading their equipment we should be seeing a lot of green.