GEOS - Geospace Technologies Stock: Strong Buy With 50%+ Near-Term Upside Potential

• Geospace Technologies is poised to be a huge benefactor from the run-up in oil.
• Geospace engineers and manufactures seismic products necessary for E&P companies to increase reserves.
• While demand has been muted for the last several years, high oil prices, war in Ukraine, and diminishing U.S. proved reserves are expected to increase demand for Geospace's PRM systems.
• A single PRM system order could generate $100m+ in revenues for Geospace; much of which would flow through to the bottom line for shareholders.
• While the investment thesis is speculative at this point because Geospace has yet to win a PRM order, the downside is limited because of the company's strong balance sheet, diversified cash flows, and low trading price.

For further details see: