ION Geophysical Corporation provides geoscience products, services, and solutions to the oil and gas industry worldwide. It operates through three segments: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services. The E&P Technology & Services segment offers complete seismic data services, including survey design and planning, data acquisition, project management, advanced processing, and imaging services, as well as reservoir characterization and interpretation services. The E&P Operations Optimization segment provides command and control software systems, as well as related software and services for towed marine streamer and ocean bottom seismic operations, and for survey design. This segment also manufactures and repairs marine towed streamer acquisition and positioning systems, and analog geophone sensors. The Ocean Bottom Services segment offers survey design, planning, and optimization services to maximize seismic image quality, operational efficiency, and safety; data acquisition; and data processing, interpretation, and reservoir services. This segment also manufactures re-deployable ocean bottom cable seismic data acquisition systems. ION Geophysical Corporation markets and sells its services and products through direct sales force and third-party sales representatives. The company was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. ION Geophysical Corporation was founded in 1968 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Oil & gas exploration services
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:IO
CUSIP46204410
Phone281-933-3339
Debt
Debt-to-Equity Ratio1.90
Current Ratio1.31
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio-13.29
Forward P/E Ratio112.63
P/E GrowthN/A
Sales & Book Value
Annual Sales$197.55 million
Price / Sales1.51
Cash Flow$3.6027 per share
Price / Cash5.94
Book Value$2.59 per share
Price / Book8.26
Profitability
EPS (Most Recent Fiscal Year)($1.61)
Net Income$-30,240,000.00
Net Margins-12.76%
Return on Equity-49.23%
Return on Assets-6.13%
Miscellaneous
Employees478
Outstanding Shares13,910,000
Ion Geophysical (NYSE:IO) Frequently Asked Questions
What is Ion Geophysical's stock symbol?
Ion Geophysical trades on the New York Stock Exchange (NYSE) under the ticker symbol "IO."
How were Ion Geophysical's earnings last quarter?
Ion Geophysical Corp (NYSE:IO) posted its quarterly earnings results on Wednesday, May, 2nd. The oil and gas company reported ($1.34) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.22) by $1.12. The oil and gas company had revenue of $33.51 million for the quarter, compared to analyst estimates of $37.90 million. Ion Geophysical had a negative return on equity of 49.23% and a negative net margin of 12.76%. During the same period last year, the company earned $0.14 earnings per share. View Ion Geophysical's Earnings History.
When is Ion Geophysical's next earnings date?
What price target have analysts set for IO?
4 analysts have issued twelve-month price objectives for Ion Geophysical's stock. Their predictions range from $35.00 to $35.00. On average, they expect Ion Geophysical's stock price to reach $35.00 in the next year. View Analyst Ratings for Ion Geophysical.
Who are some of Ion Geophysical's key competitors?
Who are Ion Geophysical's key executives?
Ion Geophysical's management team includes the folowing people:
- Mr. R. Brian Hanson, Pres, CEO & Director (Age 53)
- Mr. Steven A. Bate, Exec. VP & CFO (Age 55)
- Mr. Kenneth G. Williamson, Chief Operating Officer of E&P Technology & Services and Exec. VP (Age 53)
- Mr. Christopher T. Usher, Chief Operating Officer of E&P Operations Optimization and Exec. VP (Age 57)
- Mr. Scott P. Schwausch, VP, Corp. Controller & Principal Accounting Officer (Age 43)
Has Ion Geophysical been receiving favorable news coverage?
Media headlines about IO stock have been trending somewhat positive on Friday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ion Geophysical earned a news impact score of 0.20 on Accern's scale. They also assigned news headlines about the oil and gas company an impact score of 45.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Ion Geophysical's major shareholders?
Ion Geophysical's stock is owned by a number of of institutional and retail investors. Top institutional investors include Hood River Capital Management LLC (2.71%), Dimensional Fund Advisors LP (2.68%), Millennium Management LLC (2.22%), Neuberger Berman Group LLC (1.29%), Alambic Investment Management L.P. (1.20%) and Spark Investment Management LLC (0.94%). Company insiders that own Ion Geophysical stock include Christopher Theron Usher, Franklin Myers, James M Lapeyre Jr, Jamey S Seely, Matthew R Powers, R Brian Hanson and Steven Bate. View Institutional Ownership Trends for Ion Geophysical.
Which major investors are selling Ion Geophysical stock?
IO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., California Public Employees Retirement System, Barclays PLC, Dupont Capital Management Corp and Trexquant Investment LP. Company insiders that have sold Ion Geophysical company stock in the last year include Franklin Myers, Jamey S Seely and R Brian Hanson. View Insider Buying and Selling for Ion Geophysical.
Which major investors are buying Ion Geophysical stock?
IO stock was bought by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Millennium Management LLC, Alambic Investment Management L.P., Dimensional Fund Advisors LP, Spark Investment Management LLC, ClariVest Asset Management LLC, O Shaughnessy Asset Management LLC and Neuberger Berman Group LLC. Company insiders that have bought Ion Geophysical stock in the last two years include Christopher Theron Usher, James M Lapeyre Jr, Matthew R Powers, R Brian Hanson and Steven Bate. View Insider Buying and Selling for Ion Geophysical.
How do I buy shares of Ion Geophysical?
Shares of IO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ion Geophysical's stock price today?
One share of IO stock can currently be purchased for approximately $21.40.
How big of a company is Ion Geophysical?
Ion Geophysical has a market capitalization of $309.49 million and generates $197.55 million in revenue each year. The oil and gas company earns $-30,240,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis. Ion Geophysical employs 478 workers across the globe.
How can I contact Ion Geophysical?
Ion Geophysical's mailing address is 2105 CITYWEST BLVD SUITE 100, HOUSTON TX, 77042. The oil and gas company can be reached via phone at 281-933-3339 or via email at [email protected]
MarketBeat Community Rating for Ion Geophysical (IO)
MarketBeat's community ratings are surveys of what our community members think about Ion Geophysical and other stocks. Vote "Outperform" if you believe IO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IO will underperform the S&P 500 over the long term. You may vote once every thirty days.
