MIDLAND, Texas, Feb. 26,
2021 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN)
announced today that it plans to publicly release preliminary and
unaudited financial results for its year-end 2020 and the quarter
ended December 31, 2020, the
Company's fourth quarter of 2020, before the market opens on
Thursday, March 11, 2021. An investor
conference call to review the fourth quarter results will be held
on Thursday, March 11, 2021, at
9:00 a.m. Central Time.
Date:
|
|
Thursday, March 11,
2021
|
|
|
Time:
|
|
10:00 AM
ET
9:00 AM
CT
8:00 AM
MT
7:00 AM
PT
|
|
|
Call:
|
|
1-800-289-0438 (US)
and 1-323-794-2423 (Toll/International)
|
|
|
Internet:
|
|
Live and rebroadcast
over the internet, log onto http://www.dawson3d.com
|
|
|
Replay:
|
|
Available until
Sunday, April 11, 2021, at 1-844-512-2921 (Toll-Free) and
1-412-317-6671 (Toll/International), Passcode 7372829, and
available until April 11, 2021 on the Company's web site at
http://www.dawson3d.com
|
About Dawson Geophysical Company
Dawson Geophysical Company is a leading provider of North
American onshore seismic data acquisition services with operations
throughout the continental United
States and Canada. Dawson
acquires and processes 2-D, 3-D and multi-component seismic data
solely for its clients, ranging from major oil and gas companies to
independent oil and gas operators, as well as providers of
multi-client data libraries.
Forward-Looking Statements
In accordance with the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995, the Company cautions that
statements in this press release which are forward-looking and
which provide other than historical information involve risks and
uncertainties that may materially affect the Company's actual
results of operations. Such forward-looking statements are based on
the beliefs of management as well as assumptions made by and
information currently available to management. Actual results could
differ materially from those contemplated by the forward-looking
statements as a result of certain factors. These risks include, but
are not limited to, dependence upon energy industry spending;
changes in exploration and production spending by our customers and
changes in the level of oil and natural gas exploration and
development; the results of operations and financial condition of
our customers, particularly during extended periods of low prices
for crude oil and natural gas; the volatility of oil and natural
gas prices; changes in economic conditions; the severity and
duration of the COVID-19 pandemic, related economic repercussions
and the resulting negative impact on demand for oil and gas; the
current significant surplus in the supply of oil and the ability of
OPEC+ to agree on and comply with supply limitations; the duration
and magnitude of the unprecedented disruption in the oil and gas
industry currently resulting from the impact of the foregoing
factors, which is negatively impacting our business; the
potential for contract delays; reductions or cancellations of
service contracts; limited number of customers; credit risk related
to our customers; reduced utilization; high fixed costs of
operations and high capital requirements; operational challenges
relating to the COVID-19 pandemic and efforts to mitigate the
spread of the virus, including logistical challenges, protecting
the health and well-being of our employees and remote work
arrangements; industry competition; external factors affecting the
Company's crews such as weather interruptions and inability to
obtain land access rights of way; whether the Company enters into
turnkey or day rate contracts; crew productivity; the availability
of capital resources; and disruptions in the global economy. A
discussion of these and other factors, including risks and
uncertainties, is set forth in the Company's Annual Report on
Form 10-K that was filed with the U.S. Securities and Exchange
Commission (the "SEC") on March 6, 2020 and any subsequent
Quarterly Reports on Form 10-Q filed with the SEC. The Company
disclaims any intention or obligation to revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
View original
content:http://www.prnewswire.com/news-releases/dawson-geophysical-to-issue-fourth-quarter-2020-results-and-hold-investor-conference-call-301236575.html
SOURCE Dawson Geophysical Company