|Bid||6.01 x 900|
|Ask||6.08 x 800|
|Day's Range||6.00 - 6.26|
|52 Week Range||5.99 - 17.46|
|Beta (5Y Monthly)||3.93|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 03, 2020 - Feb 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.00|
ION Geophysical Corporation (NYSE: IO) today announced a new 3D multi-client reimaging program offshore Uruguay. Leveraging the Company's existing regional UruguaySPAN data and subsurface knowledge, ION is reimaging 22,000 sq km of data over the country's deep water blocks to create a contiguous volume for a holistic exploration perspective of the margin. This program builds on ION's excellent 3D merge and reimaging track record established on our quarter of a million square kilometer data library, and adds important geographical diversity to this unique product offering.
Given one of the best years for oil price, the energy sector enjoyed a strong surge.
ION Geophysical Corporation (NYSE: IO) today announced that Steve Bate, Executive Vice President and Chief Financial Officer, will be retiring and stepping down from his position as CFO effective February 1, 2020. Mr. Bate, who joined ION in 2005, will remain with ION as a Strategic Advisor to the CEO until the end of June to facilitate a seamless transition.