GEOS

Geospace Technologies Corporation

Industrial/Transportation, Energy


Presented:11/26/2013
Price:$84.77
Cap:$1.10B
Current Price:$10.24
Cap:$0.13B

Presented

Date11/26/2013
Price$84.77
Market Cap$1.10B
Ent Value$1.10B
P/E Ratio33.25x
Book Value$24.44
Div YieldN/A
Shares O/S12.95M
Ave Daily Vol140,000
Short Int17.07%

Current

Price$10.24
Market Cap$0.13B
Geospace Technologies Corporation designs and manufactures instruments and equipment used in the acquisition and processing of seismic data; and characterization and monitoring of producing oil and gas reservoirs. Its seismic products include land and marine nodal seismic data acquisition systems; geophones and hydrophones; seismic leader wires; geophone string and acquisition system connectors; seismic telemetry cables; marine seismic cable retrieval and steering devices; multi-component sensors; and data acquisition systems. The company also provides permanently installed high-definition reservoir characterization products for ocean-bottom applications in producing oil and gas fields; and produces seismic borehole acquisition systems, which employ a fiber optic augmented wireline capable of high data transmission rates. In addition, it offers non-seismic products, including industrial products comprising sensors and tools for vibration monitoring, mine safety application, and earthquake detection; cables for power and communication for the offshore oil and gas and offshore construction industries; and water meter cables, and other specialty cable and connector products, as well as thermal imaging products for commercial graphics industry. The company serves seismic contractors, and independent and government-owned oil and gas companies. Geospace Technologies Corporation was founded in 1980 and is headquartered in Houston, Texas.

Highlights

A seismic equipment manufacturer that historically has been something of an also-ran in the wired land seismic equipment space, Geospace a couple of years ago succeeded in developing wireless land seismic technology before its major competitors. Peers have since caught up, however, so the presenter expects market share dynamics to soon revert back to their historical levels.

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