28.30 +0.05 (0.18%)
After hours: 4:02PM EDT
|Bid||10.00 x 100|
|Ask||47.35 x 400|
|Day's Range||27.85 - 29.77|
|52 Week Range||3.20 - 32.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The U.S. Supreme Court on Monday appeared divided over whether to make it easier for companies to recoup profits lost due to the unauthorized use of their patented technology overseas in a dispute involving Schlumberger NV (SLB.N), the world's largest oilfield services provider. The nine justices heard about an hour of arguments that will resolve the amount of money that rival ION Geophysical Corp (IO.N) must pay for infringing Schlumberger technology that helps search for oil and gas beneath the ocean floor. Some justices, including conservative Justice Neil Gorsuch and liberal Justice Stephen Breyer, expressed concerns about applying U.S. patent laws abroad, while others indicated that Schlumberger should be fully compensated.
Understanding how ION Geophysical Corporation (NYSE:IO) is performing as a company requires looking at more than just a years’ earnings. Today I will run you through a basic sense checkRead More...
Having looked at the gainers in the current week, we’ll now move on to the losers from the oilfield services (or OFS) sector in the US from March 5, 2018, to March 6, 2018. To compile the list of top oilfield services losers, we are considering the oilfield services companies with market capitalizations of greater than $100 million and average volumes over 100,000 shares last week. In the current week starting March 5, 2018, ION Geophysical (IO) is the top declining stock from the oilfield services sector.
On a per-share basis, the Houston-based company said it had a loss of 12 cents. Earnings, adjusted for non-recurring costs, came to 38 cents per share. The provider of seismic data to oil and gas companies ...
To conclude our series on the biggest movers in the upstream and oilfield services sectors, let’s take a look at Wall Street analysts’ recommendations for the leading gainers and losers of the week. On January 16, 2018, Reuters reported that 34 analysts had given recommendations on Whiting Petroleum (WLL). Of these, seven analysts gave the stock “strong buy” recommendations, and five gave it “buy” recommendations.
Having looked at the percentage gainers in the current week, we’ll now move on to the percentage losers from the oilfield services (or OFS) sector in the United States. To compile our list of top oilfield services losers, we’ve used only oilfield services companies with market caps of greater than $100 million and average volumes of greater than 100,000 shares as of last week. In the current week (which started on January 15, 2018), ION Geophysical (IO) has been the worst-performing stock in the oilfield services sector.
The U.S. Supreme Court on Friday agreed to review a bid by Schlumberger NV, the world's largest oilfield services provider, to allow companies to recoup profits lost due to patent infringement when patented technology is used overseas. The case involves a fight over how much rival ION Geophysical Corp must pay for infringing Schlumberger technology that helps search for oil and gas beneath the ocean floor. The justices will hear Schlumberger's appeal of a lower court ruling that barred it from recovering more than $93 million stemming from foreign contracts the company said it lost as a result of the infringement.
President & CEO of Ion Geophysical Corp (NYSE:IO) R Brian Hanson bought 36,351 shares of IO on 12/14/2017 at an average price of $13.05 a share.
While small-cap stocks, such as ION Geophysical Corporation (NYSE:IO) with its market cap of $159.41M, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...
The correlation coefficient between ION Geophysical’s stock price and crude oil prices from December 30, 2016, to November 20, 2017, was -0.39.
The short interest in ION Geophysical (IO) as a percentage of its float was 10.8% as of November 20, 2017—compared to 10.7% as of December 30, 2016.
Approximately 78% of the Wall Street analysts tracking Newpark Resources (NR) recommended a “buy” or some equivalent on November 20, 2017.
ION Geophysical’s (IO) YTD (year-to-date) returns were 116% until November 20, 2017. Since October 20, 2017, ION Geophysical has risen 52%.
In 2017, not many companies in the OFS (oilfield equipment and services) industry have had positive returns from the stock market.