Matthew Powers - ION Geophysical President
President
Mr. Matthew R. Powers is Executive Vice President, General Counsel and Corporationrationrate Secretary of the company. Mr. Powers joined ION in 2013 as Senior Legal Counsel and held that position until February 2016 when he was promoted to Deputy General Counsel. In September 2017, he was promoted to General Counsel and Corporationrationrate Secretary, and was further promoted to Executive Vice President in October 2017. Prior to joining ION, Mr. Powers held a variety of positions in the Houston offices of Mayer Brown LLP and Sidley Austin LLP since 2019.
| Age | 44 |
| Tenure | 5 years |
| Phone | 281 879-3626 |
| Web | www.iongeo.com |
Matthew Powers Latest Insider Activity
Tracking and analyzing the buying and selling activities of Matthew Powers against ION Geophysical stock is an integral part of due diligence when investing in ION Geophysical. Matthew Powers insider activity provides valuable insight into whether ION Geophysical is net buyers or sellers over its current business cycle. Note, ION Geophysical insiders must abide by specific rules, including filing SEC forms every time they buy or sell ION Geophysical'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Matthew Powers over three months ago Disposition of 1696 shares by Matthew Powers of Vaalco Energy at 6.06 subject to Rule 16b-3 |
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.ION Geophysical 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. Note however, debt could still be an excellent tool for ION to invest in growth at high rates of return.
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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 | ||
| Michael Morrison, Interim Chief Financial Officer, Executive Vice President | ||
| Kenneth Williamson, Executive Vice President and Chief Operating Officer, Commercialization Division | ||
| 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 | ||
| Zhang ShaoHua, Director | ||
| David Barr, Independent Director | ||
| Christopher Usher, COO of EandP Operations Optimization and Executive VP | ||
| Steve Bate, Executive Vice President and Chief Financial Officer |
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 |
Pair Trading with ION Geophysical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ION Geophysical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ION Geophysical will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Chipotle Mexican could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chipotle Mexican when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chipotle Mexican - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chipotle Mexican Grill to buy it.
The correlation of Chipotle Mexican is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chipotle Mexican moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chipotle Mexican Grill moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chipotle Mexican can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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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