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WIKI ANALYSIS
Dawson Geophysical Company (NASDAQ: DWSN) is the leading provider of onshare seismic data acquisition services in the United States. Founded in 1952, DWSN acquires and processes 2-D, 3-D and multi-component seismic data for its clients, which range from major oil and gas companies to independent oil and gas operators as well as providers of multi-client data libraries. DWSN clients rely on the data to identify areas where surface conditions are favorable for the accumulation of hyrdrocarbons, as well as to optimize the development and production of hydrocarbon reservoirs. The company operates in the lower 48 states of the United States and is headquarted in Midland, Texas.[1]
Key Financials
- Revenues increased 44% from $116 million in 2005, to $168 million in 2006
- Net Income increased 58% from $10 million in 2005, to $15.8 million in 2006
Business Segments
Dawson Geophysical Company operates in four primary business segments:
- Geophysical Services
- Data Acquisition
- Data Processing
- Integrated Services
References
1. Company website: http://phx.corporate-ir.net/phoenix.zhtml?c=79945&p=irol-irhome
References
- ↑ DWSN
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