DWSN DAWSON GEOPHYSICAL CO

CIK 0000799165 49 ready 8-Ks latest August 13, 2026, 5:10 PM ET RSS · JSON

Activity: NORMAL 1 filings / 30d vs 0 baseline

Ready 8-Ks 49

Latest filing August 13, 2026, 5:10 PM ET

Top materiality 0.85

Event mix earnings ×21 · other_material ×8 · m_and_a ×7

Sentiment 9 pos · 12 neg · 28 neu

Latest earnings reported 2025-Q3

Executive change recent →

Recent 8-K filings for DWSN

Highest-materiality recent filing

Dawson Geophysical Q3 2021 revenue down 78% YoY; net loss $0.33 per share; Wilks tender at $2.34/share

November 4, 2021, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 9.01

Q3 revenue $1.914M vs $8.738M YoY (-78%); net loss $7.865M or $0.33/share (same EPS as Q3 2020).
Nine-month 2021 revenue $13.855M (-82% YoY); net loss $22.11M ($0.94/share) vs loss $5.347M ($0.23).

Read filing →

August 13, 2026, 5:10 PM ET earnings materiality 0.60 positive item 2.02 item 9.01

Dawson Geophysical Q2 revenue up 60% to $14M; net loss $3.4M on strategic costs

Q2 2026 fee revenue $14M, up 60% YoY; net loss $3.4M ($0.11/share) incl. $1.7M strategic transaction costs.
May 14, 2026, 4:15 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q1 revenue $32.5M (+113% YoY); net income $7.7M ($0.25 EPS)

Revenue of $32.5M for Q1 2026, an increase of 113% vs. Q1 2025.
March 31, 2026, 7:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01 ◈ Earnings Releases ×2

Dawson Geophysical Q4 revenue up 72% YoY, net income $0.6M; full-year net loss narrows to $1.9M

Q4 revenue $27.0M (+72% YoY); fee revenue $22.9M (+67%); net income $0.6M ($0.02 EPS).
November 12, 2025, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

Dawson Geophysical Q3 revenue up 220% YoY to $14.9M; net loss narrows to $1.2M

Q3 fee revenue $14.9M (+220% YoY); net loss $1.2M ($0.04/sh) vs $5.6M ($0.18/sh) in Q3 2024.
November 6, 2025, 6:59 PM ET debt materiality 0.60 neutral item 1.01 item 2.03 item 9.01

Dawson Geophysical enters $5M secured revolver at 13% interest; related-party lender

Revolving credit facility of up to $5,035,032 at 13% annual interest; 36 monthly principal payments of $139,862 starting Dec 20, 2025.
August 12, 2025, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01

Dawson Geophysical Q2 2025: revenue up 5% to $8.7M; net loss narrows to $2.3M

Q2 2025 fee revenues were $8.7M vs $8.3M in 2024; net loss was $2.3M ($0.08/share) vs $3.5M ($0.12/share).
August 11, 2025, 7:59 PM ET other material materiality 0.75 positive item 1.01 item 2.01 item 2.03 item 7.01 item 9.01

Dawson Geophysical purchases $24.2M Pioneer seismic nodes from Geospace; financed via notes

Dawson Operating subsidiary acquires Pioneer ultralight land nodes from Geospace for ~$24.2M total purchase price.
June 20, 2025, 7:59 PM ET other materiality 0.15 neutral item 5.07

Dawson Geophysical annual meeting elects all director nominees, ratifies auditor, approves say-on-pay

27,698,961 shares (~89%) represented in person or proxy, constituting a quorum.
May 13, 2025, 7:59 PM ET earnings materiality 0.70 negative item 2.02 item 9.01

Dawson Geophysical Q1 revenue $16.1M (-49% YoY); net income $1M, Adj. EBITDA $2.3M

Revenue of $16.1M, down 49% from $31.6M in Q1 2024. Gross margin 28% vs 36%.
March 28, 2025, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01

Dawson Geophysical Q4 revenue down 36% YoY to $15.6M; full-year adjusted EBITDA turns positive

Q4 net loss of $0.8M ($0.03 EPS) vs loss of $0.6M ($0.02 EPS) in Q4 2023.
November 12, 2024, 6:59 PM ET earnings materiality 0.60 negative item 2.02 item 9.01

Dawson Geophysical Q3 revenue $14.4M, down 37% YoY; net loss $5.6M

Revenue $14.4M, down 37% YoY from $23M in Q3 2023.
August 12, 2024, 7:59 PM ET earnings materiality 0.60 negative item 2.02 item 9.01

Dawson Geophysical Q2 revenue $12.5M, net loss $3.5M; crew count reduced to one

Revenue $12.5M, down 38% YoY from $20.2M; net loss $3.5M ($0.12/share) vs loss $4.4M ($0.18/share) in prior year.
June 24, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07

Dawson Geophysical elects directors, ratifies auditor at annual meeting

All five director nominees elected with 92–98% of votes cast; Matthew Wilks had 23.3M for, 399K withheld.
May 13, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q1 net income $5.8M, revenue $31.6M (+7% YoY)

Revenue $31.6M, up 7% YoY from $29.4M; gross margin improved to 35% from 25%.
April 1, 2024, 7:59 PM ET earnings materiality 0.65 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q4 revenue $24.3M (+39%); net loss $2.1M; special dividend $0.32/share

Revenue $24.3M in Q4 2023, up 39% from $17.5M in Q4 2022; gross margin improved to 20% from 6%.
December 20, 2023, 6:59 PM ET leadership materiality 0.55 neutral item 5.02 item 9.01 ◈ executive_change ×3

Dawson Geophysical enters employment agreements with new CEO, COO, and CFO

CEO Tony Clark: $350,000 base salary, 2-year rolling term, severance on change of control.
December 1, 2023, 6:59 PM ET leadership materiality 0.80 negative item 5.02 item 9.01 ◈ executive_change ×3

Dawson Geophysical finalizes separation agreements with CEO, CFO, COO

CEO Stephen Jumper, CFO James Brata, and COO C. Ray Tobias terminated; effective Dec 20, 2023; responsibilities ceased Nov 20.
December 1, 2023, 6:59 PM ET other material materiality 0.35 neutral item 5.03 item 5.07 item 9.01 ◈ Shareholder Votes ×5◈ Governance Changes ×2

Dawson Geophysical shareholders approve charter amendments to remove supermajority vote and allow written consent

Approved amendment removing supermajority vote requirement for business combinations, effective Dec 1, 2023.
November 22, 2023, 6:59 PM ET leadership materiality 0.55 neutral item 5.02 ◈ executive_change ×6

Dawson Geophysical replaces CEO, CFO, and COO; effective Nov 20 and Dec 20

President/CEO Stephen Jumper, CFO James Brata, and COO Ray Tobias to depart on Dec 20, 2023.
November 9, 2023, 6:59 PM ET earnings materiality 0.55 neutral item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q3 2023: revenue $22.96M, net loss $5.2M; two crews operating

Revenue $22.96M vs $7.43M year ago; net loss $5.2M ($0.20 loss per share) vs $6.9M ($0.28 loss).
September 19, 2023, 7:59 PM ET other material materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×2

Stockholders approve conversion of $9.88M note into 5.8M shares at $1.70/share

At special meeting on Sep 13, 2023, stockholders approved issuance of 5,811,765 common shares upon conversion of $9.88M convertible note to Wilks Brothers.
July 31, 2023, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical reports Q2 2023 revenue of $20.2M, net loss of $4.4M ($0.18 per share), narrower than prior year

Revenue $20.2M vs $4.8M YoY; net loss $4.4M ($0.18/sh) vs $7.6M ($0.30/sh) prior year.
June 22, 2023, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 item 9.01 ◈ executive_change

Dawson Geophysical appoints Anthony Clark as EVP and Chief Business Officer; base salary $340,000

Anthony Clark appointed EVP and Chief Business Officer, effective June 16, 2023.
June 7, 2023, 7:59 PM ET M&A materiality 0.80 neutral item 9.01

Dawson Geophysical files Breckenridge audited financials: $16.9M revenue, $1.87M net income in 2022

Acquisition consideration: 1,188,235 DWSN shares and a $9,880,000.50 convertible note (converts to 5,811,765 shares at $1.70/share, subject to stockholder approval).
May 15, 2023, 7:59 PM ET earnings materiality 0.65 positive item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q1 revenue up 34% to $29.4M; net loss narrows to $0.02/share

Revenue $29.4M, up 34% YoY (combined with Breckenridge); net loss $413K ($0.02/share) vs $1.385M loss.
March 24, 2023, 7:59 PM ET M&A materiality 0.80 positive item 1.01 item 2.01 item 2.03 item 3.02 item 8.01 item 9.01 ◈ Material Agreements ×4◈ Debt Financings ×2◈ M&A Transactions

Dawson Geophysical acquires Breckenridge seismic assets for 7M shares; credit line cut to $5M

Acquired substantially all Breckenridge seismic data acquisition assets (excluding multi-client library) for 7,000,000 shares of Dawson common stock.
March 13, 2023, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q4 revenue up 35% to $14.7M; net loss narrows to $2.8M

Q4 2022 revenue $14.7M, up 35% YoY; net loss $2.8M vs $6.98M in Q4 2021.
February 21, 2023, 6:59 PM ET other material materiality 0.50 neutral item 5.02 item 9.01

Dawson Geophysical extends CEO Jumper's contract to 2026, sets base salary at $360,000, retention payment of $385,082

Employment term extended to Feb 11, 2026, with automatic three-year rolling extensions unless either party gives 60-day notice.
December 22, 2022, 6:59 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×3

Dawson Geophysical shareholders elect directors, ratify auditor, approve say-on-pay at annual meeting

All six director nominees elected: Matthew Wilks 16.47M for, Sergei Krylov 369.9K withheld.
November 16, 2022, 6:59 PM ET leadership materiality 0.30 neutral item 5.02 item 9.01

Dawson Geophysical extends COO and CFO agreements through 2025, restores base salaries

Employment terms for COO C. Ray Tobias and CFO James Brata extended to Feb 11, 2025, with automatic annual renewal.
November 10, 2022, 6:59 PM ET earnings materiality 0.60 negative item 2.02 item 9.01 ◈ Earnings Releases

Dawson Geophysical Q3 revenue up 85% YoY to $3.5M; net loss $7.6M ($0.32/share)

Revenue $3,538,000 vs $1,914,000 in Q3 2021; net loss $7,603,000 ($0.32 loss per share) vs $7,865,000 ($0.33 loss).
October 4, 2022, 7:59 PM ET debt materiality 0.40 neutral item 1.01 item 2.03 item 9.01

Dawson Geophysical amends credit facility: maturity extended to Sep 2023, commitment reduced to $10M

Maturity of revolving credit facility extended from Sept 30, 2022 to Sept 30, 2023 via Third Loan Modification Agreement.
August 12, 2022, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01

Dawson Geophysical Q2 loss narrows to $7.7M; revenues up but no US crew activity

Revenues $921K, up from $193K YoY; net loss $7.68M ($0.32/sh) vs $9.02M ($0.38) in Q2 2021.
May 16, 2022, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

Dawson Geophysical Q1 revenue up 56% YoY to $18.4M; net loss narrows to $2.4M

Revenues of $18.36M, up 56% YoY from $11.75M; net loss of $2.39M ($0.10 loss per share) vs $5.23M loss prior year.
April 13, 2022, 7:59 PM ET leadership materiality 0.30 neutral item 5.02 ◈ executive_change ×2

Appoints Albert S. Conly and Jose Carlos Fernandes to board of directors

Albert S. Conly and Jose Carlos Fernandes appointed to Board effective April 12, 2022.
March 25, 2022, 7:59 PM ET regulatory materiality 0.60 negative item 3.01 item 5.02 ◈ executive_change ×2

Dawson Geophysical fails Nasdaq audit committee rule after two director resignations

Directors Ted R. North and Mark A. Vander Ploeg resigned effective March 23, 2022, not due to disagreement.
March 16, 2022, 7:59 PM ET other material materiality 0.75 negative item 5.07

Dawson Geophysical stockholders reject merger with Wilks Brothers LLC

Merger proposal failed: 18,175,963 for, 2,780,196 against, 2,866 abstain; required threshold not met.
March 8, 2022, 6:59 PM ET earnings materiality 0.80 negative item 2.02 item 9.01

Dawson Geophysical Q4 revenue +22% YoY but net loss $6.98M; full-year revenue -71%; merger vote March 15

Q4 2021 revenue $10.84M (+22% YoY), net loss $6.98M ($0.30 loss/share); full-year revenue $24.70M (-71.3%), net loss $29.09M ($1.23 loss/share).
January 18, 2022, 6:59 PM ET M&A materiality 0.80 neutral item 2.01 item 3.03 item 5.01 item 5.02 item 7.01 item 9.01 ◈ executive_change ×6

Wilks Brothers completes tender offer for Dawson Geophysical; acquires 73.5% control

Merger Sub purchased 15.3M shares at $2.34 per share; total consideration approx. $35.8M in cash.
January 10, 2022, 6:59 PM ET M&A materiality 0.75 negative item 1.01 item 5.02 item 9.01 ◈ executive_change

Dawson Geophysical amends merger deal: tender threshold lowered to 66.67%, offer extended to Jan 14

Minimum tender condition reduced from 80% to 66.67% of outstanding shares to close the offer.
January 5, 2022, 6:59 PM ET M&A materiality 0.65 neutral item 1.01 item 9.01

Dawson amends merger agreement with Wilks to adjust tender offer extension thresholds

Amendment: if tendered shares + Wilks-owned shares reach 65% but <80%, Merger Sub must extend offer for 10, 14, and 4 business days in succession.
December 17, 2021, 6:59 PM ET M&A materiality 0.50 neutral item 1.01 item 9.01

Dawson Geophysical amends merger agreement with Wilks Brothers, adds two-step tender offer extension

Amendment signed Dec 14, 2021 to Agreement and Plan of Merger with Wilks Brothers LLC and WB Acquisitions Inc.
November 16, 2021, 6:59 PM ET other material materiality 0.75 negative item 2.02 item 7.01 item 9.01

Dawson reports $36.5M cash, warns of continued cash burn; Board repeats tender recommendation at $2.34/share

Cash, restricted cash and ST investments approx. $36.5M as of Nov 12, 2021, down from Sep 30 balance.
November 4, 2021, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 9.01

Dawson Geophysical Q3 2021 revenue down 78% YoY; net loss $0.33 per share; Wilks tender at $2.34/share

Q3 revenue $1.914M vs $8.738M YoY (-78%); net loss $7.865M or $0.33/share (same EPS as Q3 2020).
November 2, 2021, 7:59 PM ET other material materiality 0.50 neutral item 7.01 item 9.01

Dawson Geophysical to release Q3 results Nov 4, update on Wilks tender offer

Q3 2021 preliminary results to be released before market open on Nov 4, 2021.
October 25, 2021, 7:59 PM ET M&A materiality 0.85 neutral item 1.01 item 2.02 item 3.03 item 8.01 item 9.01

Dawson Geophysical agrees to be acquired by Wilks Brothers for $2.34/share; provides preliminary Q3 results

Wilks subsidiary to launch tender offer by Nov 1 for all Dawson shares at $2.34 cash per share.
October 1, 2021, 7:59 PM ET debt materiality 0.55 neutral item 1.01 item 2.03 item 9.01

Dawson Geophysical extends $15M credit facility maturity to Sept 2022, lowers tangible net worth covenant to $55M

Second Loan Modification with Dominion Bank extends revolving credit facility maturity from Sept 2021 to Sept 2022.
August 12, 2021, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Dawson Geophysical Q2 2021 revenue $193K, net loss $9.0M; no crews operating

Q2 2021 revenues $193K vs $29.5M in Q2 2020; net loss $9.0M ($0.38/share) vs net income $1.5M ($0.06) prior year.
August 5, 2021, 7:59 PM ET other material materiality 0.10 neutral item 7.01 item 9.01

Dawson Geophysical schedules Q2 2021 earnings release and conference call for August 12

Preliminary Q2 2021 results to be released before market open on Thursday, August 12, 2021.

Executive changes

Appointed

Ian Shaw

Chief Financial Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: December 20, 2023, 6:59 PM ET

Ian Shaw as the Company’s Chief Financial Officer

Appointed

Ray Mays

Chief Operating Officer and Executive Vice President

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: December 20, 2023, 6:59 PM ET

Ray Mays as the Company’s Chief Operating Officer and Executive Vice President

Appointed

Anthony Clark

President and Chief Executive Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: December 20, 2023, 6:59 PM ET

effective as of November 20, 2023, the Board of Directors of the Company (the “ Board ”) appointed: (i) Anthony Clark as the Company’s President and Chief Executive Officer

Departed

C. Ray Tobias

Chief Operating Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-12-20
Filed: December 1, 2023, 6:59 PM ET

it was determined by the Board of Directors of Dawson Geophysical Company (the “Company”) that the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023

Departed

Stephen C. Jumper

President and Chief Executive Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-12-20
Filed: December 1, 2023, 6:59 PM ET

it was determined by the Board of Directors of Dawson Geophysical Company (the “Company”) that the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023

Departed

James K. Brata

Chief Financial Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-12-20
Filed: December 1, 2023, 6:59 PM ET

it was determined by the Board of Directors of Dawson Geophysical Company (the “Company”) that the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023

Departed

James K. Brata

Chief Financial Officer, Executive Vice President, Secretary and Treasurer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-12-20
Successor: Ian Shaw
Filed: November 22, 2023, 6:59 PM ET

the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023

Appointed

Ian Shaw

Chief Financial Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: November 22, 2023, 6:59 PM ET

effective as of November 20, 2023 as appointed by the Board of Directors of the Company: (x) Anthony Clark will serve as the Company’s President and Chief Executive Officer, (y) Ray Mays will serve as the Company’s Chief Operating Officer, and (z) Ian Shaw will serve as the Company’s Chief Financial Officer

Appointed

Anthony Clark

President and Chief Executive Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: November 22, 2023, 6:59 PM ET

effective as of November 20, 2023 as appointed by the Board of Directors of the Company: (x) Anthony Clark will serve as the Company’s President and Chief Executive Officer, (y) Ray Mays will serve as the Company’s Chief Operating Officer, and (z) Ian Shaw will serve as the Company’s Chief Financial Officer

Appointed

Ray Mays

Chief Operating Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: November 22, 2023, 6:59 PM ET

effective as of November 20, 2023 as appointed by the Board of Directors of the Company: (x) Anthony Clark will serve as the Company’s President and Chief Executive Officer, (y) Ray Mays will serve as the Company’s Chief Operating Officer, and (z) Ian Shaw will serve as the Company’s Chief Financial Officer

Departed

Stephen C. Jumper

President and Chief Executive Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-12-20
Successor: Anthony Clark
Filed: November 22, 2023, 6:59 PM ET

the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023

Departed

C. Ray Tobias

Chief Operating Officer and Executive Vice President

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-12-20
Successor: Ray Mays
Filed: November 22, 2023, 6:59 PM ET

the employment of (i) James K. Brata, the Company’s Chief Financial Officer, Executive Vice President, Secretary and Treasurer; (ii) Stephen C. Jumper, the Company’s President and Chief Executive Officer; and (iii) C. Ray Tobias, the Company’s Chief Operating Officer and Executive Vice President would terminate (the “Terminations”) on December 20, 2023

Earnings & guidance

2025-Q3 EPS reported -$0.08 filing →

Materiality & sentiment trend

Max materiality 0.85 · Median 0.60 · Most common event earnings

9 positive 12 negative 28 neutral

source · DWSN on sec.gov