3-D subterranean imaging specialist Dawson Geophysical
Dawson is the top supplier of seismic data acquisition services for the energy industry in the lower 48, with 16 crews operating at full capacity. CEO Stephen Jumper indicates that demand "continues at high levels" despite the ongoing weakness in energy prices. Although Dawson's service contracts are not as binding as those of deepwater drillers like Transocean
With both oil and natural gas prices down by more than 50% from their midsummer peaks, the key question remains where they will go from here. In a trend being played out within several commodity sectors, Chesapeake Energy
Dawson Geophysical, fortunately, carries virtually no long-term debt and boasts a mobile fleet of seismic crews that will likely remain in some demand even if leaner times prevail within the industry.
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