In the industry of oil and gas exploration Dawson Geophysical (DWSN) is always on the lookout for more and more of it. The company is involved in data acquisition and processing to assess potential underground oil and gas deposits. The data that they accumulate is used to determine where the best places are to look for oil and gas in order to maximise the greatest possibilities for success. The company was founded in 1952 and its crews work mainly in the continental United States out of the company's headquarters in Texas.
The stock has been doing well for a while now, since september of 2006 when it was about $25 a share. By December 06 it was at $40. By April of 07 it was at $50. In May $60. September at $70. In October $85. By Christmas of last year it had slipped and fallen to about $70 which is still where it is now. On January 16th it closed at $70.99 after a hit on the day of almost $4. Because of the volatility in the market lately all stocks have been falling back for the most part. Once the market straightens itself out, which it has always done in the past, things should return to normal and all this instability the market has been experiencing should be a memory. Economies have ups and downs and this economy is in a down right now. Despite all this however, Dawson Geophysical is up over all nearly 200% in a little over a year.
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