No insider purchase over the last 90 days. The latest, by Wilks Brothers, LLC, was filed 16 Jun 2023.
Every trade that managers of Dawson Geophysical Co disclose to SEC (Form 4) is tracked on this page. The company sits in the Energy sector. From 22 October 2025 to 22 October 2026, the disclosure feed for Dawson Geophysical Co logged 4 filings by 3 insiders.
No open-market purchase or sale appears among the filings, only grants, plan transactions and other operations. Grants and option exercises follow pay plans set in advance, so they reveal less about an insider's own view than a purchase made with personal money.
There has been no open-market purchase by an insider of Dawson Geophysical Co for at least a year. The median gap between a trade and its publication by SEC (Form 4) is 1 day. For comparison, the SEC allows two business days to file a Form 4.
With 4 filings in twelve months, the company is quieter than the median of 24 filings across the 3,171 companies we follow on the same exchange. The full history, which starts in 2016, counts 24 purchases against 9 sales. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 75.6 m USD and net income of -1.9 m USD.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 223 declarations
Dawson Geophysical Company (ticker: DWSN) is a United States-based company listed on NASDAQ. It operates in the North American onshore seismic data acquisition market, providing geophysical services to oil and gas exploration and production clients. Its core business is the acquisition and processing of 2-D, 3-D, and multi-component seismic data, which customers use to image subsurface structures, better define reservoirs, and reduce drilling risk. In its latest annual report, Dawson says it serves clients across the continental United States and Canada, with its principal office in Midland, Texas and an additional office in Plano, Texas. ([sec.gov](https://www.sec.gov/Archives/edgar/data/799165/000155837025004330/dwsn-20241231x10k.htm?utm_source=openai))
The company is a long-established name in land seismic services and is closely tied to the North American energy services cycle. While the exact founding date was not confirmed in the sources reviewed, Dawson’s business profile reflects many years of operating history in this specialized segment. The company works with a broad client base that includes major oil and gas companies, independent producers, multi-client data library providers, and, increasingly, carbon capture sequestration projects. That mix gives Dawson exposure to both traditional upstream energy spending and selected transition-related projects, although the business remains heavily linked to exploration and development budgets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000799165/000110465926037886/dwsn-20251231x10k.htm?utm_source=openai))
From a competitive standpoint, Dawson operates in a niche, highly cyclical industry where pricing, crew utilization, and capital intensity matter greatly. Competitive advantages tend to come from operational execution, client relationships, crew availability, and technology refresh cycles rather than from scale alone. Dawson has emphasized the deployment of new “single point node” channels, describing them as a smaller, lighter, autonomous land wireless seismic solution designed to improve deployment speed and field efficiency. That investment suggests management is trying to strengthen productivity and win work that demands higher channel counts and better resolution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/799165/000155837025011231/dwsn-20250812xex99d1.htm?utm_source=openai))
Recent developments have been important. Dawson reported improved financial momentum in 2024, including positive adjusted EBITDA, and management said it entered 2025 with a stronger backlog. In 2025, the company accelerated its equipment rollout after customer demand increased for large, high-resolution surveys. It also resumed Canadian operations in late 2025 and entered 2026 with multiple crews active. Another notable event was the August 2025 equipment purchase agreement with GTC, a Geospace Technologies subsidiary, for new single-node channels; this was followed by further deliveries later in the year. These developments indicate a company focused on rebuilding operational leverage and improving margins through better utilization and a more modern asset base. ([sec.gov](https://www.sec.gov/Archives/edgar/data/799165/000155837025004024/dwsn-20250328xex99d1.htm?utm_source=openai))
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 75.6 m USD | -1.9 m USD | -0.06 USD | 10-K |
| Dec 2024 | 74.2 m USD | -4.1 m USD | -0.13 USD | 10-K |
| Dec 2023 | 96.8 m USD | -12.1 m USD | -0.45 USD | 10-K |
| Dec 2022 | 51.6 m USD | -18.6 m USD | -0.75 USD | 10-K |
| Dec 2021 | 24.7 m USD | -29.1 m USD | -1.23 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.