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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This company is excellently managed and they simply keep on doing what they're good at. And they've been doing it for a long time. The company has a full schedule well into next year and with oil and gas-prices staying as high as I think they will, they're will continue to be good demand for Dawson's services. The stock-price is down recently due to worries about their cap-ex spending. Fact is they're growing at a nice pace and they've been using the good times to upgrade their hardware. Although they've poorly communicated the reasons for these expenses, I believe they've been made sensibly and it will be appreciated when this company continues to show good numbers in the year to come.