Gary Pittman - ION Geophysical Director
Insider
Gary Pittman is Director of ION Geophysical since 2021.
| Age | 64 |
| Tenure | 4 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.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.
Similar Executives
| Showing other executives | INSIDER Age | ||
| Jerome Rouquet | Visteon Corp | 58 | |
| Paul Farrell | BorgWarner | 57 | |
| Chris Gaskill | Summit Materials | N/A | |
| William Swislow | Cars Inc | N/A | |
| Alex Ashmore | BorgWarner | 50 | |
| Eugene Fedotoff | IPG Photonics | N/A | |
| Kane Hocking | CarsalesCom Ltd ADR | N/A | |
| Daniel Etue | BorgWarner | 50 | |
| Greg Heidorn | Cars Inc | N/A | |
| Manuel Pea | Cementos Pacasmayo SAA | 59 | |
| OAM OAM | CarsalesCom Ltd ADR | 73 | |
| Nikolai Platonov | IPG Photonics | 67 | |
| Robbin MooreRandolph | Cars Inc | N/A | |
| Harry Husted | BorgWarner | N/A | |
| Venkat Krishnamurthy | Cementos Pacasmayo SAA | 49 | |
| Tamla OatesForney | Summit Materials | 48 | |
| Jennifer Vianello | Cars Inc | N/A | |
| Davide Girelli | BorgWarner | 49 | |
| William Elliott | CarsalesCom Ltd ADR | N/A | |
| Ana Serrano | Cementos Pacasmayo SAA | 67 | |
| Wei Wei | Visteon Corp | N/A | |
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 Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Stocks Directory Find actively traded stocks across global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |