U.S. Stock Market Midday Update

Dawson Geophysical rose by 20.64%, with increased trading volume. Based on recent key news:

1. On March 31, Dawson Geophysical announced its Q4 and full-year financial report for 2025, with a revenue growth of 72%, achieving profitability and strong cash flow. The company is investing in new technologies and improving operational efficiency, expecting further growth in 2026. This news drove the stock price up. Source: Company announcement

2. On March 31, the company expanded its customer base to cover unconventional exploration areas such as carbon capture, geothermal, and rare earth minerals. This move is seen as an important step in the company's strategic expansion, enhancing market confidence. Source: Company press release

3. On March 31, Q4 fee revenue grew by 67%, profitability recovered, and cash flow remained strong. An efficient team utilization and investment in advanced seismic equipment drove this growth, with the market holding an optimistic outlook for Q1 2026. Source: Company announcement. Increased technical investment in the seismic exploration industry has led to market optimism.

Stocks with High Trading Volume in the Industry

Halliburton rose by 2.09%. Based on recent news,

1. On March 27, Halliburton's President and CEO Jeffrey Allen Miller sold 158,455 shares of common stock at a price of $40 per share. This transaction reduced his direct holdings to 1,013,027.02 shares. This move may be interpreted by the market as a lack of confidence from management in the company's future prospects, negatively impacting the stock price in the short term.

2. On March 28, Halliburton projected a sequential decline of 7%-9% in revenue from its completion and production business, with gross margins contracting by about 300 basis points. Revenue from drilling and evaluation services is expected to decline by 2%-4% sequentially, with gross margins decreasing by 25-75 basis points. Despite the impacts of winter weather and war-related disruptions, analyst Jayaram maintained his expectations for Q1 earnings per share and EBITDA at $0.51 and $954 million, respectively, consistent with Wall Street's expectations.

3. On March 30, the CEO of QatarEnergy told Reuters that attacks from Iran have damaged one-sixth of the country's liquefied natural gas export capacity, resulting in an annual loss of about $20 billion, with repairs expected to take three to five years. Baker Hughes CEO Lorenzo Simonelli stated that the company is prepared to support QatarEnergy in assessing the damage. Additional repairs and maintenance in the region will increase demand for oilfield services companies, benefiting firms like Halliburton. The energy sector has recently been significantly affected by geopolitical factors, leading to increased volatility.

Schlumberger rose by 2.35%. Based on recent key news:

1. On March 31, Schlumberger signed a three-year agreement with Azule Energy to expand the use of its digital platform in Angola. This collaboration aims to enhance energy delivery, driving the stock price up

2. On March 30, Schlumberger deepened its cooperation with Nvidia to build advanced AI infrastructure in the energy sector. This move aims to accelerate data processing, reduce costs and emissions, and enhance market confidence.

3. On March 30, analyst Mo Haonan recommended Schlumberger, believing that the situation in the Middle East will drive up oil prices, and that the post-war restoration of energy facilities will take time, benefiting oil service companies. The rise in oil prices and digital transformation are driving stock prices.

Baker Hughes rose 1.77%. Based on recent key news:

1. On March 30, QatarEnergy reported a decrease in liquefied natural gas export capacity due to attacks from Iran, and Baker Hughes stated it would support restoration efforts. This may increase demand for oilfield service companies, driving up stock prices. Source: Reuters

2. On March 27, U.S. energy companies reduced the number of oil and gas drilling rigs for the second consecutive week, with Baker Hughes reporting that the rig count fell to 543, the lowest since mid-January. This indicates a potential decline in future production, supporting rising oil prices. Source: Reuters

3. On March 28, analysts rated Baker Hughes as a hold but did not include it in the top recommended stocks list. This may limit further upside potential for the stock price. Source: MarketBeat Rising oil prices support energy stocks, but market volatility risks remain.

Stocks ranked among the top in industry market capitalization

Ternary Steel rose 3.02%. Based on recent key news:

1. On March 31, Ternary Steel submitted its 2025 annual report to the U.S. Securities and Exchange Commission (SEC) and other relevant securities regulatory agencies. This move enhances investor confidence in the company's transparency and financial health, driving up stock prices.

2. On March 30, Ternary Steel officially disclosed its 2025 annual report on the Luxembourg Stock Exchange. The release of this report further solidified market trust in its financial performance, promoting positive stock performance.

3. On March 31, Ternary Steel announced that its annual report could be downloaded from the company's website and the SEC website, increasing information accessibility and boosting investor confidence. Strong demand in the steel industry enhances market confidence