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.
More than 2,400 Motley Fool CAPS members have selected five-star rated Dawson Geophysical to outperform the broader market. Join the completely free online community of investors today and share your thoughts.
Dawson Geophysical is a Motley Fool Hidden Gems pick. Chesapeake Energy is a Motley Fool Inside Value recommendation. Try any of our Foolish newsletters today, free for 30 days.
Fool contributor Christopher Barker captains yachts and writes about stocks. He can be found blogging actively and acting Foolishly within the CAPS community under the username TMFSinchiruna. He owns shares of Chesapeake Energy and Valero. The Motley Fool has a disclosure policy.
More from The Motley Fool
Dawson Geophysical Starts Making Progress
Find out how the company reduced its losses and boosted sales.
Losses Widen at Dawson Geophysical Despite Higher Revenue
The seismic specialist suffered from weather issues but hopes that new projects will pick up.
Dawson Geophysical Hopes for Better Times Ahead
The seismic specialist saw a bit more activity in key areas during the most recent quarter.