Steve Bate - ION Geophysical President
| IODelisted Stock | USD 0.07 0.01 10.13% |
President
Mr. Steve Bate is Executive Vice President and Chief Financial Officer of Company. Mr. Bate rejoined ION in May 2013 as Senior Vice President, Systems Division, became the Executive Vice President and Chief Operating Officer, Systems Division in February 2015 and became the Executive Vice President and Chief Financial Officer in November 2014. Mr. Bate originally joined ION in 2005 as Chief Financial Officer of our GX Technology business unit. In 2007, he was appointed Senior Vice President, Sensor business unit and in 2009 his area of responsibility broadened to our Land Imaging Systems Division. Following our formation in March 2010 of INOVA Geophysical, a land seismic equipment joint venture with BGP, Mr. Bate was appointed as INOVA Geophysical first President and Chief Executive Officer, and served in that role until October 2012. Prior to joining ION in 2005, Mr. Bate founded a consulting business and served as President of a residential construction company since 2022.
| Age | 58 |
| Tenure | 2 years |
| Phone | 281 879-3626 |
| Web | www.iongeo.com |
ION Geophysical Management Efficiency
The company has Return on Asset (ROA) of (3.86) % which means that for every 100 dollars spent on asset, it generated a loss of $3.86. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.021 %, which means that it produced $0.021 on every 100 dollars invested by current stockholders. ION Geophysical's management efficiency ratios could be used to measure how well ION Geophysical manages its routine affairs as well as how well it operates its assets and liabilities.The company reports 174.6 M of total liabilities with total debt to equity ratio (D/E) of 2.93, which may imply that the company relies heavily on debt financing. ION Geophysical has a current ratio of 0.63, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist ION Geophysical until it has trouble settling it off, either with new capital or with free cash flow. So, ION Geophysical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ION Geophysical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ION to invest in growth at high rates of return. When we think about ION Geophysical's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.021 | |||
| Return On Asset | -3.86 |
ION Geophysical Leadership Team
Elected by the shareholders, the ION Geophysical's board of directors comprises two types of representatives: ION Geophysical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ION. The board's role is to monitor ION Geophysical's management team and ensure that shareholders' interests are well served. ION Geophysical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ION Geophysical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Lapeyre, Chairman of the Board, Lead Independent Director | ||
| John Seitz, Independent Director | ||
| Franklin Myers, Independent Director | ||
| Michael Morrison, Interim Chief Financial Officer, Executive Vice President | ||
| Kenneth Williamson, Executive Vice President and Chief Operating Officer, Commercialization Division | ||
| James Nelson, Independent Director | ||
| Tina Wininger, Independent Director | ||
| S Nelson, Independent Director | ||
| Michael McGovern, Independent Director | ||
| Mark Doran, Director | ||
| Matthew Powers, Executive Vice President, General Counsel, Corporate Secretary | ||
| HuaSheng Zheng, Independent Director | ||
| Scott Schwausch, Vice President, Corporate Controller and Chief Accounting Officer | ||
| Dale Lambert, Executive Vice President of Operations Optimization | ||
| Gary Pittman, Director | ||
| Brian Hanson, CEO and President and Director | ||
| Michael Jennings, Independent Director | ||
| Huimin Hao, Independent Director | ||
| Zhang ShaoHua, Director | ||
| David Barr, Independent Director | ||
| Christopher Usher, COO of EandP Operations Optimization and Executive VP | ||
| Jamey Seely, Executive Vice President General Counsel, Corporate Secretary | ||
| Steve Bate, Executive Vice President and Chief Financial Officer | ||
| Colin Hulme, Executive VP of Ocean Bottom Services |
ION Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ION Geophysical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.021 | |||
| Return On Asset | -3.86 | |||
| Profit Margin | (42.05) % | |||
| Operating Margin | (11.96) % | |||
| Current Valuation | 166.15 M | |||
| Shares Outstanding | 29.62 M | |||
| Shares Owned By Insiders | 14.17 % | |||
| Shares Owned By Institutions | 21.60 % | |||
| Number Of Shares Shorted | 4.31 M | |||
| Price To Earning | (2.56) X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ION Geophysical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ION Geophysical's short interest history, or implied volatility extrapolated from ION Geophysical options trading.
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Other Consideration for investing in ION Stock
If you are still planning to invest in ION Geophysical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ION Geophysical's history and understand the potential risks before investing.
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