4 Oct 2024director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Bruce Franklin Bradley received 19,165 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Oct 2024director interest notice● Neutral
Albert S. Conly became a DAWSON GEOPHYSICAL CO director and company insider (initial ownership filing).
4 Oct 2024director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Sergei Krylov received 19,165 shares as part of the equity award.
4 Oct 2024director interest notice● Neutral
Jose Carlos Fernandes became a DAWSON GEOPHYSICAL CO director and company insider (initial ownership filing).
13 Aug 2024quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $3.5 million for the period ended 2024-06-30.
12 Aug 2024quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $3.5 million for the period ended 2024-06-30.
14 May 2024quarterly activities report● Neutral
DAWSON GEOPHYSICAL CO reported a quarterly net income of $5.8 million for the period ended 2024-03-31.
13 May 2024quarterly activities report● Neutral
DAWSON GEOPHYSICAL CO reported a quarterly net income of $5.8 million for the period ended 2024-03-31.
19 Apr 2024director interest notice● Neutral
Ian M. Shaw became a DAWSON GEOPHYSICAL CO Chief Financial Officer and company insider (initial ownership filing).
19 Apr 2024director interest notice● Neutral
Ray L Mays became a DAWSON GEOPHYSICAL CO Chief Operating Officer and company insider (initial ownership filing).
1 Apr 2024quarterly activities report● Neutral
DAWSON GEOPHYSICAL CO reported a quarterly net income of $5.8 million for the period ended 2024-03-31.
9 Nov 2023quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $5.2 million for the period ended 2023-09-30.
9 Nov 2023quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $5.2 million for the period ended 2023-09-30.
2 Nov 2023director interest notice● Neutral
William Anthony Clark became a DAWSON GEOPHYSICAL CO EVP & Chief Business Officer and company insider (initial ownership filing).
30 Oct 2023director interest notice● Neutral
DAWSON GEOPHYSICAL CO director Wilks Brothers, LLC converted derivative holdings into 5,811,765 shares.
31 July 2023quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $4.4 million for the period ended 2023-06-30.
31 July 2023quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $4.4 million for the period ended 2023-06-30.
30 June 2023director interest notice● Neutral
DAWSON GEOPHYSICAL CO 10%+ owner Wilks Brothers, LLC bought 8,895 shares on the open market at $2.23.
16 June 2023director interest notice● Neutral
DAWSON GEOPHYSICAL CO 10%+ owner Wilks Brothers, LLC bought 8,604 shares on the open market.
16 June 2023director interest notice● Neutral
DAWSON GEOPHYSICAL CO 10%+ owner Wilks Brothers, LLC bought 8,895 shares on the open market at $2.23.
14 June 2023director interest notice● Neutral
DAWSON GEOPHYSICAL CO 10%+ owner Wilks Brothers, LLC bought 8,604 shares on the open market.
15 May 2023quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $413 thousand for the period ended 2023-03-31.
15 May 2023quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $413 thousand for the period ended 2023-03-31.
24 Mar 2023asset acquisition disposition● NeutralMajor
Dawson bought substantially all of Breckenridge Geophysical's seismic data acquisition assets (excluding its multi-client data library) from Wilks Brothers, the controlling shareholder (about 74.46% of votes), paying with 1,188,235 new shares (about 4.99% of the stock) and a $9,880,000.50 convertible note. The note, payable on or after June 30, 2024, converts into 5,811,765 shares at $1.70 once shareholders approve it under NASDAQ rules, so it would dilute other holders. A special committee of independent directors approved the deal, with a fairness opinion from Houlihan Lokey, and there is a post-closing cash adjustment. Dawson also cut its Dominion Bank revolver to $5,000,000 from $10,000,000 and got a waiver for covenants (including tangible net worth) affected by the deal; nothing was borrowed as of March 24, 2023. Wilks remains in control, so the earlier merger did not leave Dawson fully taken over (inference: the second-step merger was not completed, as the company still has public shareholders and a NASDAQ listing).
14 Feb 2023substantial holder notice● Neutral
Arena Investors, LP, Arena Investors GP, LLC, Arena Finance Markets, LP, Arena Finance Markets GP, LLC, Arena Special Opportunities Fund LP, Arena Special Opportunities Partners I, LP, Arena Special Opportunities Partners II, LP reported no remaining DAWSON GEOPHYSICAL CO shareholding in its periodic institutional filing.
13 Feb 2023substantial holder notice● Neutral
Renaissance Technologies LLC, RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION reported no remaining DAWSON GEOPHYSICAL CO shareholding in its periodic institutional filing.
10 Feb 2023substantial holder notice● Neutral
Dimensional Fund Advisors LP reported no remaining DAWSON GEOPHYSICAL CO shareholding in its periodic institutional filing.
14 Nov 2022quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $6.9 million for the period ended 2022-09-30.
10 Nov 2022quarterly activities report▼ Bad
DAWSON GEOPHYSICAL CO reported a quarterly net loss of $6.9 million for the period ended 2022-09-30.
4 Oct 2022debt financing● Neutral
On Sept 30, 2022 Dawson extended its Dominion Bank revolving credit line by one year to Sept 30, 2023 and cut the maximum from $15,000,000 to $10,000,000. The minimum tangible net worth requirement was lowered from $55,000,000 to $38,000,000 and a new $5,000,000 minimum liquid assets requirement was added; nothing was borrowed as of Sept 30, 2022. This resolves the open question of whether the facility expiring Sept 30, 2022 would be extended. The filing also states a changed interest rate but gives no figure, and the filing does not mention the second-step merger.