Trade Dawson Geophysical - DWSN CFD

Trading Conditions
Spread0.1684
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-$1.05)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
($0.16)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close1.5358
Open1.4758
1-Year Change-25.55%
Day's Range1.4758 - 1.5358

Dawson Geophysical Company profile

About Dawson Geophysical Co

Dawson Geophysical Company is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D) and multi-component seismic data for its clients, ranging from oil and gas companies to independent oil and gas operators as well as providers of multi-client data libraries. It also provides data acquisition services primarily to providers of multi-client data libraries for use in the onshore drilling and production of oil and natural gas, as well as directly to onshore oil and natural gas exploration and development companies. It operates approximately 116 vibrator energy source units and 275,000 recording channels.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Dawson Geophysical Co revenues decreased 71% to $24.7M. Net loss increased from $13.2M to $29.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other income (expense), net decrease from $501K (income) to $86K (expense), Interest income decrease of 45% to $220K (income).

Equity composition

Common Stock $.01 Par, 03/11, 25M auth., 19,242,251 issd., less 37,803 shs. in Treas. @ $257K. Insiders own 26.71%. 6/86, Co. formed as a spin off of ESI Industries 11/07, Company delisted from AMEX to NASDAQ.04/08, 5% stock dividend. 04/09, 5% stock dividend. 04/10, 5% stock dividend.04/12, 5% stock dividend.04/13 5% stock dividend.