DAWSON GEOPHYSICAL CO

Dawson Geophysical Company acquires and processes 2-D, 3-D, and multi-component onshore seismic data. The company generates acoustic energy through surface vibrations or dynamite detonation, then records the resulting signals to deliver subsurface imaging data. These services aid clients in mapping hydrocarbon formations, managing reservoirs, directing horizontal drilling, and identifying drilling hazards. In addition to oil and gas operations, it performs microseismic monitoring for hydraulic fracturing projects and provides seismic data acquisition for carbon capture and storage initiatives as well as potash mining ventures. Its clientele includes major exploration and production firms, independent operators, and multi-client data library companies.

The company operates through two geographic reporting segments: US operations and Canada Operations. As of late 2025, Dawson Geophysical employed 269 full-time workers and operated 130 vibrator units alongside approximately 280,000 recording channels. Its corporate headquarters is located in Midland, Texas, supplemented by an office in Plano, Texas, and Canadian operational facilities in Calgary and Wheatland County, Alberta.

Summary of the business section of Dawson Geophysical's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we employed 269 full-time employees, of which 50 consisted of management, sales, and administrative personnel with the remainder being crew and crew support personnel.”