Dawson Geophysical (NASDAQ:DWSN) Issues Quarterly Earnings Results

Dawson Geophysical (NASDAQ:DWSN) released its earnings results on Friday. The oil and gas company reported ($0.03) earnings per share for the quarter, Zacks reports. Dawson Geophysical had a negative net margin of 6.55% and a negative return on equity of 21.54%. The business had revenue of $15.64 million during the quarter.

Dawson Geophysical Stock Performance

Dawson Geophysical stock opened at $1.29 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 1.50. The firm has a 50-day moving average of $1.39 and a 200-day moving average of $1.48. The company has a market cap of $39.97 million, a price-to-earnings ratio of -7.17 and a beta of 0.60. Dawson Geophysical has a one year low of $1.14 and a one year high of $2.22.

About Dawson Geophysical

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.