DWSNNasdaqOil & Gas Field Exploration ServicesFiscal year ends December 31
DAWSON GEOPHYSICAL CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$2.12−0.11 (-4.93%)
Close on Oct 19, 2026
- Market cap
- $65.83M
- P/E (TTM)
- 17.7
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
6.8%
2M of 31M shares
Institutional holders
40
12 new, 5 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Dan Wilks | 24,658,746 | 79.42% | 13D (active) amendment | Dec 31, 2025 |
| Farris Wilks | 24,658,746 | 79.42% | 13D (active) amendment | Oct 27, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DWSN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Grace & White Inc /Ny | 702,917 | 2.26% | $4.18M | −76,226 | 0.66% |
| RBF Capital, LLC | 423,797 | 1.36% | $2.52M | – | 0.10% |
| Vanguard Capital Management LLC | 156,877 | 0.51% | $931.85K | +43,636 | 0.00% |
| Gabelli Funds LLC | 145,200 | 0.47% | $862.49K | – | 0.01% |
| Marshall Wace, Llp | 86,797 | 0.28% | $515.58K | +45,778 | 0.00% |
| Geode Capital Management, LLC | 83,645 | 0.27% | $496.93K | +2,459 | 0.00% |
| Hillsdale Investment Management Inc. | 54,404 | 0.18% | $323.16K | +20,000 | 0.01% |
| US Bancorp \de\ | 53,443 | 0.17% | $317.45K | – | 0.00% |
| Citadel Advisors LLC | 40,178 | 0.13% | $238.66K | New | 0.00% |
| Pinnacle Associates Ltd | 38,360 | 0.12% | $227.86K | −2,000 | 0.00% |
| Gsa Capital Partners Llp | 35,161 | 0.11% | $209 | +5,931 | 0.01% |
| Two Sigma Investments, LP | 34,016 | 0.11% | $202.06K | −600 | 0.00% |
| Vanguard Fiduciary Trust Co | 33,220 | 0.11% | $197.33K | – | 0.00% |
| State Street Corp | 28,890 | 0.09% | $171.61K | – | 0.00% |
| Salem Investment Counselors Inc | 26,225 | 0.08% | $155.78K | – | 0.00% |
| BlackRock, Inc. | 21,955 | 0.07% | $130.41K | +5,302 | 0.00% |
| Bridgeway Capital Management, LLC | 21,710 | 0.07% | $128.96K | – | 0.00% |
| Teton Advisors, LLC | 20,000 | 0.06% | $118.80K | – | 0.07% |
| Sanders Morris Harris LLC | 20,000 | 0.06% | $118.80K | New | 0.07% |
| Jane Street Group, LLC | 15,496 | 0.05% | $92.05K | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 40 | 2M | 6.8% | 12 / 8 | 7 / 5 | 0M | 0M |
| Q1 2026 | 33 | 2M | 6.6% | 14 / 7 | 8 / 9 | 0M | 1M |
| Q4 2025 | 29 | 3M | 8.6% | 3 / 8 | 8 / 1 | 1M | 0M |
| Q3 2025 | 27 | 2M | 7.2% | 7 / 7 | 5 / 4 | 0M | 0M |
| Q2 2025 | 25 | 2M | 6.8% | 4 / 6 | 7 / 2 | 0M | 1M |
| Q1 2025 | 23 | 3M | 8.7% | 1 / 5 | 7 / 0 | 0M | 0M |
| Q4 2024 | 22 | 3M | 8.6% | 5 / 5 | 4 / 2 | 1M | 0M |
| Q3 2024 | 20 | 2M | 6.8% | 4 / 2 | 5 / 1 | 0M | 0M |
| Q2 2024 | 18 | 2M | 6.9% | 2 / 2 | 7 / 1 | 0M | 0M |
| Q1 2024 | 17 | 2M | 7.3% | 0 / 6 | 4 / 3 | 0M | 0M |
| Q4 2023 | 20 | 2M | 7.8% | 5 / 2 | 5 / 4 | 0M | 0M |
| Q3 2023 | 19 | 2M | 7.7% | 3 / 3 | 6 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of DWSN | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 83,972 | 0.27% | $498.79K | 0.00% | Jun 30, 2026 |
| The Gabelli ABC Fund | 79,200 | 0.26% | $470.45K | 0.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 72,905 | 0.23% | $433.06K | 0.00% | Jun 30, 2026 |
| Enterprise Mergers and Acquisitions Fund | 66,000 | 0.21% | $392.04K | 0.65% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 30,613 | 0.10% | $119.08K | 0.00% | May 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 21,865 | 0.07% | $85.05K | 0.00% | May 31, 2026 |
| Ultra-Small Company Market Fund | 21,710 | 0.07% | $128.96K | 0.09% | Jun 30, 2026 |
| iShares Micro-Cap ETF | 20,811 | 0.07% | $123.62K | 0.01% | Jun 30, 2026 |
| TETON Westwood Mighty Mites Fund | 20,000 | 0.06% | $118.80K | 0.06% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 9,109 | 0.03% | $35.43K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 6,483 | 0.02% | $25.22K | 0.00% | May 31, 2026 |
| Dimensional U.S. Small Cap ETF | 4,226 | 0.01% | $19.69K | 0.00% | Jul 31, 2026 |
| Victory Extended Market Index Fund | 3,539 | 0.01% | $16.49K | 0.00% | Jul 31, 2026 |
| 1290 VT Micro Cap Portfolio | 1,144 | 0.00% | $6.80K | 0.00% | Jun 30, 2026 |
| Dimensional US Core Equity 1 ETF | 805 | 0.00% | $3.75K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Ray L. Mays | EVP & Chief Operating Officer | 108,650 | 0.35% | Jul 1, 2026 |
| William Anthony Clark | CEO & President | 151,850 | 0.49% | Oct 28, 2025 |
| Ian M. Shaw | Chief Financial Officer | 20,000 | 0.06% | Aug 18, 2025 |
| Farris Wilks | Director, 10% owner | 18,847,330 | 60.69% | Jan 5, 2026 |
| Sergei Krylov | Director | 28,415 | 0.09% | May 20, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ray L. Mays EVP & Chief Operating Officer | Jun 30, 2026 | Award | +150 | – | – | 108,650 |
| Farris Wilks Director, 10% owner | Dec 31, 2025 | Other | −15,547,010 | – | – | – |
| Ray L. Mays EVP & Chief Operating Officer | Oct 27, 2025 | Award | +100,000 | – | – | 108,500 |
| William Anthony Clark CEO & President | Oct 27, 2025 | Award | +150,000 | – | – | 151,850 |
| William Anthony Clark CEO & President | Sep 9, 2025 | Award | +550 | $1.59 | $875 | 1,850 |
| William Anthony Clark CEO & President | Aug 20, 2025 | Award | +500 | $1.40 | $700 | 1,300 |
| Ray L. Mays EVP & Chief Operating Officer | Aug 18, 2025 | Award | +1,000 | $1.38 | $1.38K | 6,450 |
| Ray L. Mays EVP & Chief Operating Officer | Aug 18, 2025 | Award | +1,050 | $1.40 | $1.47K | 8,500 |
| Ray L. Mays EVP & Chief Operating Officer | Aug 18, 2025 | Award | +1,000 | $1.39 | $1.39K | 7,450 |
| Ian M. Shaw Chief Financial Officer | Aug 18, 2025 | Award | +5,000 | $1.35 | $6.75K | 20,000 |
| Ray L. Mays EVP & Chief Operating Officer | Aug 15, 2025 | Award | +500 | $1.28 | $640 | 5,450 |
| Ray L. Mays EVP & Chief Operating Officer | Aug 15, 2025 | Award | +500 | $1.29 | $645 | 4,950 |
| Ian M. Shaw Chief Financial Officer | Aug 15, 2025 | Award | +5,000 | $1.28 | $6.40K | 15,000 |
| William Anthony Clark CEO & President | Jun 13, 2025 | Award | +50 | $1.36 | $68 | 800 |
| William Anthony Clark CEO & President | Jun 6, 2025 | Award | +600 | $1.31 | $786 | 750 |
| Ian M. Shaw Chief Financial Officer | May 20, 2025 | Award | +3,500 | $1.32 | $4.62K | 10,000 |
| Sergei Krylov Director | May 20, 2025 | Award | +3,055 | $1.33 | $4.06K | 28,415 |
| Ray L. Mays EVP & Chief Operating Officer | May 20, 2025 | Award | +2,950 | $1.33 | $3.92K | 4,450 |
| Ian M. Shaw Chief Financial Officer | May 19, 2025 | Award | +3,645 | $1.28 | $4.67K | 6,500 |
| Sergei Krylov Director | May 19, 2025 | Award | +2,640 | $1.27 | $3.35K | 25,360 |
| Ray L. Mays EVP & Chief Operating Officer | May 19, 2025 | Award | +900 | $1.31 | $1.18K | 1,500 |
| Ian M. Shaw Chief Financial Officer | May 16, 2025 | Award | +2,855 | $1.28 | $3.65K | 2,855 |
| Sergei Krylov Director | May 16, 2025 | Award | +3,555 | $1.29 | $4.59K | 22,720 |
| Ray L. Mays EVP & Chief Operating Officer | May 16, 2025 | Award | +600 | $1.28 | $768 | 600 |
| Bruce Franklin Bradley Director | Oct 1, 2024 | Award | +19,165 | – | – | 19,165 |
| Albert S. Conly Director | Oct 1, 2024 | Award | +19,165 | – | – | 19,165 |
| Jose Carlos Fernandes Director | Oct 1, 2024 | Award | +19,165 | – | – | 19,165 |
| Sergei Krylov Director | Oct 1, 2024 | Award | +19,165 | – | – | 19,165 |
| William Anthony Clark CEO & President | Jun 28, 2024 | Award | +150 | – | – | 150 |
| Acquisitions Inc. WB 10% owner | Sep 13, 2023 | Conversion | +5,811,765 | $1.70 | $9.88M | 24,609,095 |
| Farris Wilks 10% owner | Jun 14, 2023 | Buy | +8,895 | $2.23 | $19.84K | 18,847,330 |
| Farris Wilks 10% owner | Jun 14, 2023 | Buy | +8,895 | $2.23 | $19.84K | 18,847,330 |
| Acquisitions Inc. WB 10% owner | Jun 13, 2023 | Buy | +4,438 | $2.19 | $9.72K | 17,650,200 |
| Acquisitions Inc. WB 10% owner | Jun 12, 2023 | Buy | +4,166 | $2.17 | $9.04K | 18,833,997 |
| Acquisitions Inc. WB 10% owner | Jun 12, 2023 | Buy | +4,438 | $2.19 | $9.72K | 18,838,435 |
| Acquisitions Inc. WB 10% owner | Jun 12, 2023 | Buy | +4,166 | $2.17 | $9.04K | 17,645,762 |
| Acquisitions Inc. WB 10% owner | Mar 24, 2023 | Other | +1,188,235 | – | – | 18,829,831 |
| Stephen C. Jumper President/CEO | Aug 16, 2022 | Returned to company | −50,000 | $1.75 | $87.50K | 0 |
| C. Ray Tobias EVP, Chief Operating Officer | Aug 16, 2022 | Returned to company | −25,000 | $1.75 | $43.75K | 0 |
| James Kevin Brata EVP, Chief Financial Officer | Aug 16, 2022 | Returned to company | −25,000 | $1.75 | $43.75K | 0 |
| Craig W. Cooper Director | Jan 18, 2022 | Returned to company | −93,070 | $2.34 | $217.78K | 0 |
| James Kevin Brata EVP, Chief Financial Officer | Jan 18, 2022 | Returned to company | −62,252 | $2.34 | $145.67K | 25,000 |
| Ted R. North Director | Jan 18, 2022 | Returned to company | −85,211 | $2.34 | $199.39K | 0 |
| Michael L. Klofas Director | Jan 18, 2022 | Returned to company | −39,651 | $2.34 | $92.78K | 0 |
| Ploeg Mark A. Vander Director | Jan 18, 2022 | Returned to company | −31,099 | $2.34 | $72.77K | 0 |
| Ploeg Mark A. Vander Director | Jan 18, 2022 | Returned to company | −36,792 | $2.34 | $86.09K | 0 |
| C. Ray Tobias EVP, Chief Operating Officer | Jan 18, 2022 | Returned to company | −100,382 | $2.34 | $234.89K | 25,000 |
| Stephen C. Jumper President/CEO, Director | Jan 18, 2022 | Returned to company | −245,316 | $2.34 | $574.04K | 50,000 |
| Ted R. North Director | Sep 30, 2021 | Award | +2,988 | – | – | 85,211 |
| Ploeg Mark A. Vander Director | Sep 30, 2021 | Award | +2,988 | – | – | 31,099 |
| Craig W. Cooper Director | Sep 30, 2021 | Award | +2,988 | – | – | 93,070 |
| Michael L. Klofas Director | Sep 30, 2021 | Award | +2,988 | – | – | 39,651 |
| James Kevin Brata EVP, Chief Financial Officer | Aug 16, 2021 | Award | +25,000 | $1.98 | $49.50K | 87,252 |
| Stephen C. Jumper President/CEO, Director | Aug 16, 2021 | Award | +50,000 | $1.98 | $99.00K | 295,316 |
| C. Ray Tobias EVP, Chief Operating Officer | Aug 16, 2021 | Award | +25,000 | $1.98 | $49.50K | 125,382 |
| Ploeg Mark A. Vander Director | Jun 30, 2021 | Award | +2,830 | – | – | 28,111 |
| Ted R. North Director | Jun 30, 2021 | Award | +2,830 | – | – | 82,223 |
| Michael L. Klofas Director | Jun 30, 2021 | Award | +2,830 | – | – | 36,663 |
| Craig W. Cooper Director | Jun 30, 2021 | Award | +2,830 | – | – | 90,082 |
| C. Ray Tobias EVP, Chief Operating Officer | Jun 1, 2021 | Tax withholding | −4,620 | $2.39 | $11.04K | 100,382 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.