InvestorsHub Logo
Followers 38
Posts 4896
Boards Moderated 0
Alias Born 12/30/2004

Re: None

Monday, 07/03/2006 12:09:23 PM

Monday, July 03, 2006 12:09:23 PM

Post# of 173972
DWSN, Another oil seismic service stock I like. Not growing as fast as TGE because they are larger (12 crews vs 7 crews). DWSN has a mkt cap that is 35% larger than TGE, but total revs last qrtr were 40 mil vs. 15 mil for TGE and profits were 4.3 mil vs. 2.8 mil for TGE. DWSN also has no debt and stockholders equity at $109 mil vs. $30 mil for TGE.

I expect DWSN's margins to continue to improve as they renegotiate older contracts for their services. DWSN was also just added to the Russell 3000 which should bring continued interest from index funds.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.