ION Geophysical Corporation, together with its subsidiaries, provides a suite of services and products for seismic data acquisition and processing the United States and internationally. The company operates in three segments: E&P Technology & Services, Operations Optimization, and Ocean Bottom Integrated Technologies. The Exploration and Production (E&P) Technology & Services segment offers seismic data services, including survey planning and design, data acquisition, subsurface imaging, and reservoir characterization, as well as technical, commercial, and strategic advisory services. The Operations Optimization segment provides survey design, and command and control software systems and related services for marine towed streamer and seabed operations. It also manufactures and repairs marine towed streamer positioning and control systems, analog geophone sensors, and compasses, which are deployed in marine robotics, scientific, E&P, and other commercial applications. The Ocean Bottom Integrated Technologies segment offers survey design, planning, and optimization services to maximize seismic image quality, operational efficiency, and safety; data acquisition; superior imaging; and data processing, interpretation, and reservoir services. This segment also develops re-deployable ocean bottom data acquisition technology. The company 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 N/A
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Phone281-933-3339
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$180.04 million
Profitability
Miscellaneous
Employees496
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
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) released its earnings results on Wednesday, February, 6th. The oil and gas company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.27. The oil and gas company earned $74.59 million during the quarter, compared to analyst estimates of $65.40 million. Ion Geophysical had a negative return on equity of 99.92% and a negative net margin of 39.53%. View Ion Geophysical's Earnings History.
When is Ion Geophysical's next earnings date?
What price target have analysts set for IO?
4 Wall Street analysts have issued 12 month target prices for Ion Geophysical's stock. Their predictions range from $35.00 to $79.00. On average, they expect Ion Geophysical's stock price to reach $57.00 in the next year. This suggests a possible upside of 256.0% from the stock's current price. View Analyst Price Targets for Ion Geophysical.
What is the consensus analysts' recommendation for Ion Geophysical?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ion Geophysical in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ion Geophysical.
Has Ion Geophysical been receiving favorable news coverage?
Media stories about IO stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ion Geophysical earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Ion Geophysical's key competitors?
Some companies that are related to Ion Geophysical include GENEL ENERGY PL/ADR (GEGYY), Renewable Energy Group (REGI), Penn Virginia (PVAC), W&T Offshore (WTI), Premier Oil (PMOIY), Hanwha Q Cells (HQCL), Delek Logistics Partners (DKL), Ameresco (AMRC), Mammoth Energy Services (TUSK), Unit (UNT), Solaris Oilfield Infrastructure (SOI), Enviva Partners (EVA), Seacor (CKH), FutureFuel (FF) and Denbury Resources (DNR).
What other stocks do shareholders of Ion Geophysical own?
Who are Ion Geophysical's key executives?
Ion Geophysical's management team includes the folowing people:
- Mr. R. Brian Hanson, Pres, CEO & Director (Age 54)
- Mr. Steven A. Bate, Exec. VP & CFO (Age 56)
- Mr. Matthew R. Powers, Exec. VP, Gen. Counsel & Corp. Sec. (Age 43)
- Mr. Kenneth G. Williamson, Exec. VP and COO of E&P Technology & Services (Age 54)
- Mr. Christopher T. Usher, Exec. VP & COO of Operations Optimization (Age 58)
Who are Ion Geophysical's major shareholders?
Ion Geophysical's stock is owned by many different of institutional and retail investors. Top institutional investors include Gates Capital Management Inc. (8.65%), BlackRock Inc. (4.85%), Dimensional Fund Advisors LP (3.12%), Dimensional Fund Advisors LP (3.12%), Northern Trust Corp (1.06%) and Geode Capital Management LLC (0.72%). 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 institutional investors are selling Ion Geophysical stock?
IO stock was sold by a variety of institutional investors in the last quarter, including Gates Capital Management Inc., Geode Capital Management LLC, Geode Capital Management LLC, Two Sigma Advisers LP, BlackRock Inc. and Northern Trust Corp. Company insiders that have sold Ion Geophysical company stock in the last year include Franklin Myers and R Brian Hanson. View Insider Buying and Selling for Ion Geophysical.
Which institutional investors are buying Ion Geophysical stock?
IO stock was acquired by a variety of institutional investors in the last quarter, including Citigroup Inc., Millennium Management LLC, Rhumbline Advisers, Bank of New York Mellon Corp, NJ State Employees Deferred Compensation Plan, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and New Jersey Better Educational Savings Trust. 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 $16.01.
How big of a company is Ion Geophysical?
Ion Geophysical has a market capitalization of $224.40 million and generates $180.04 million in revenue each year. The oil and gas company earns $-71,170,000.00 in net income (profit) each year or ($2.37) on an earnings per share basis. Ion Geophysical employs 496 workers across the globe.
What is Ion Geophysical's official website?
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 (NYSE 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.
