Matthew R. Powers
Net Worth

Last updated:

What is Matthew R. Powers net worth?

The estimated net worth of Mr. Matthew R. Powers is at least $1,946,385 as of 15 Dec 2017. He owns shares worth $5,345 as insider and has received compensation worth at least $1,941,040 in ION Geophysical Corporation.

What is the salary of Matthew R. Powers?

Mr. Matthew R. Powers salary is $242,630 per year as Executive Vice President, Gen. Counsel & Corporation Sec. in ION Geophysical Corporation.

How old is Matthew R. Powers?

Mr. Matthew R. Powers is 49 years old, born in 1976.

What stocks does Matthew R. Powers currently own?

As insider, Mr. Matthew R. Powers owns shares in one company:

Company Title Shares Price per share Total value
ION Geophysical Corporation (IO) Executive Vice President, Gen. Counsel & Corporation Sec. 15,494 $0.35 $5,345

What does ION Geophysical Corporation do?

ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment creates digital data assets and delivers services to help E&P companies improve decision-making and reduce risk. This segment includes two synergistic groups, imaging and reservoir services, and ventures. The company's Imaging and Reservoir Services group provides data processing, imaging, and reservoir services that improve image quality and subsurface insights, helping E&P companies reduce exploration and production risk, evaluate and develop reservoirs, and increase production. Its Imaging and Reservoir Services group develops and applies proprietary processing algorithms through its imaging engine to data owned or licensed by its customers to translate raw data into subsurface images. The Operations Optimization segment develops mission-critical subscription offerings and provides engineering services that enable operational control and optimization offshore. This segment includes the company's Optimization Software & Services and Devices offerings. The company's Optimization Software & Services group provides survey design, command, and control software systems and related services for marine towed streamer and seabed operations. Its Devices offerings group develops intelligent equipment controlled by its software to optimize operations. The company sells its services and products through a direct sales force consisting of employees and international third-party sales representatives. ION Geophysical Corporation was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. The company was founded in 1968 and is headquartered in Houston, Texas. On April 12, 2022, ION Geophysical Corporation along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Matthew R. Powers insider trading

ION Geophysical Corporation

Transaction Date Security Shares Price per share Total value Source
Option
Stock Appreciation Right 6,666 $3.1 $20,665
Option
Common Stock 6,666 $3.1 $20,665
Purchase
Common Stock 1,212 $13.05 $15,817

ION Geophysical key executives

ION Geophysical Corporation executives and other stock owners filed with the SEC: