Dan Wieman

Dawson Geophysical 4Q Valuation: Plenty of Upside Left

Revenue and earnings were pretty flat quarter over quarter. No new crews. Channel count is the growth story going forward, but this quarter no growth was the story.

If you look at my intrinsic value table, the market is thinking more along the lines of 6% growth than 9% or even 12%. I think this is a bit premature. So, yes, I'm still holding this sucker. I'd buy more, but I already have a pretty full plate of Dawson. Full enough, anyway.