Past year: ▲ 38%(1.56 – 5.94 USD)
Each one in plain English, with the numbers worked through for a shareholder.
31 Oct 2007listing compliance notice● Neutral
The company's board decided to move its common stock listing from the American Stock Exchange to the NASDAQ Global Select Market, effective November 6, 2007, keeping the symbol TGE. The company says it expects better visibility and liquidity; this is a voluntary move, not a compliance problem.
28 Sept 2007material agreement● Neutral
The Sovereign Bank credit line was renewed to September 16, 2008, allowing borrowing up to the lesser of $5,000,000 or 80% of eligible receivables, at prime, secured by receivables. Covenants include debt service coverage above 2.0 to 1.0 and debt to worth at most 1.25 to 1.0. Nothing has been drawn so far; the limit is up from $3,500,000 in the 2005 amendment.
9 Aug 2007director interest notice● Neutral
DAWSON GEOPHYSICAL CO Vice President Daniel G Winn sold 4,757 shares at $10.23.
8 June 2007director interest notice● Neutral
Stephanie P Hurtt became a DAWSON GEOPHYSICAL CO director and company insider (initial ownership filing).
10 May 2007material agreement● Neutral
CEO Wayne Whitener's employment contract was extended from July 31, 2009 to July 31, 2010, with base salary of $225,000 through July 31, 2008 and $250,000 after. His bonus cap rises from $175,000 to the amount of his base salary for that year. This amends the 2005 contract (the 2009 date implies an earlier extension not in this record).
5 Mar 2007director interest notice● Neutral
DAWSON GEOPHYSICAL CO Vice President Daniel G Winn exercised stock options for 8,400 shares and disposed of 8,400 shares.
5 Mar 2007director interest notice● Neutral
DAWSON GEOPHYSICAL CO President and CEO Wayne A Whitener exercised stock options for 17,499 shares and disposed of 17,499 shares.
25 Jan 2007substantial holder notice● Neutral
Royce & Associates, LLC disclosed a new substantial DAWSON GEOPHYSICAL CO shareholding (5.13% of votes).
15 Sept 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director William J Barrett gifted 1,050 shares.
8 Aug 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO Secretary and Treasurer Kenneth W Uselton received 9,000 shares as part of the equity award.
8 Aug 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO President and CEO Wayne A Whitener received 30,000 shares as part of the equity award.
8 Aug 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO Vice President Daniel G Winn received 11,000 shares as part of the equity award.
10 May 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Herbert M Gardner sold 20,000 shares at $15.11.
8 May 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Herbert M Gardner sold 39,000 shares.
4 May 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Herbert M Gardner sold 46,734 shares.
3 May 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Herbert M Gardner sold 600 shares at $14.62.
13 Mar 2006substantial holder notice● Neutral
OTR - Nominee Name for The State Tea disclosed a new substantial DAWSON GEOPHYSICAL CO shareholding (5.09% of votes).
7 Mar 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO President and CEO Wayne A Whitener exercised stock options for 16,667 shares and disposed of 16,667 shares.
14 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO Secretary and Treasurer Kenneth W Uselton received a stock option grant for 5,000 shares.
14 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO Vice President Daniel G Winn received a stock option grant for 5,000 shares.
14 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO President and CEO Wayne A Whitener received a stock option grant for 50,000 shares.
13 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Herbert M Gardner received a stock option grant for 1,395 shares.
13 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director William J Barrett received a stock option grant for 1,395 shares.
13 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Edward L Flynn received a stock option grant for 1,395 shares.
13 Feb 2006director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Allen T Mcinnes received a stock option grant for 1,395 shares.
10 Feb 2006substantial holder notice● Neutral
Jason M. Elsas, Jr reported a DAWSON GEOPHYSICAL CO shareholding of 265,800 shares (1.80% of votes) in a periodic institutional filing.
7 Dec 2005debt financing● NeutralMajor
The company borrowed $3,791,338 from General Electric Capital at a fixed 7.78% to finance ARAM ARIES recording equipment and training, repayable in 36 monthly principal payments of $105,315. The equipment joins the October 22, 2004 master security agreement, and a new cross-default agreement means a default on any GE Capital debt is a default on all of it.
22 Nov 2005material agreement● NeutralMajor
Subsidiary Tidelands Geophysical agreed on November 17, 2005 to pay $4,119,654 to Texas Seismic Rentals for more ARAM ARIES recording equipment and training. This is a second such purchase after the October 17 agreement for $4,088,126.
18 Nov 2005director interest notice● Neutral
DAWSON GEOPHYSICAL CO Vice President Daniel G Winn exercised stock options for 10,000 shares and disposed of 10,000 shares.
10 Nov 2005material agreement● NeutralMajor
Subsidiary Tidelands Geophysical agreed on October 17, 2005 to pay $4,088,126 to Texas Seismic Rentals for a new ARAM ARIES seismic recording system, related equipment and training. This continues the company's recording-equipment purchases from earlier in 2005.
