Use access key #2 to skip to page content.
$56.94 -1.51 (-2.58%)
7/3/2008 1:00 PM

Dawson Geophysical Company (DWSN)

CAPS Rating:
*****

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.

View All Commentary (DWSN)

Recs

7

Avatar sommer316 (48.73) Submitted: 12/10/06 10:43 PM : Outperform Start Price: $26.65 DWSN Score: 116.25

11/1406 4th quarter results were released before market open
* Record annual revenues of 168.5 mil, up 44% over '05
* Net Income was 15.85 mil up 58% over '05
* Cash flow from operating activities increased 109% to 25.74 mil
* Capex was about 40 mil in '06. The '07 budget is 20 mil

* Record q4 '06 revenue of 51.5 mil, up 39% over q4 '05
* Q4 net income of 4.963 mil, up 82% over q4 '05
* EPS of .66
*……."Since early 2005, we have expanded from nine data acquisition crews to 12".
* A 13th crew was provisionally working early in q1 '07. We'll see if they become permanent

The P/E range continues to contract.
Last quarter the trading range was from about $26 - about $32.50 representing a P/E range of 14.52 - 18.16
The new range based on the new TTM EPS of 2.11 would be $30.63 -$ 38.32

Report this Post Replies: 1 | Reply

Avatar sommer316 (48.73) Submitted: 2/13/07 7:57 PM

Recs: 0 | Rec This

2/6/07 Q1'07 earnings were released premarket

*Record revenues of 53.654 million compared to 35.493 million in q1'06
* Net income of 5.435 million compared to 2.3 million in q1'06
* EPS of .72 vs .31 in q1'06
* A 14th crew will be deployed in April '07
* Cash balance increased to 15.2 million from 14.4 million at the end of q4'06

From Nov 14 - Feb 5, DWSN traded in a approximate P/E range of 14.22 - 18.96 based on TTM EPS of 2.11
A similar range based off new TTM EPS of 2.52 would be $35.83 - $47.78

Report this Post Reply

Featured Broker Partners