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Independence Contract Drilling Q1 2024 Earnings Report

Independence Contract Drilling EPS Results

Actual EPS
-$0.50
Consensus EPS
-$0.73
Beat/Miss
Beat by +$0.23
One Year Ago EPS
$0.14

Independence Contract Drilling Revenue Results

Actual Revenue
$46.64 million
Expected Revenue
$41.64 million
Beat/Miss
Beat by +$5.00 million
YoY Revenue Growth
N/A

Independence Contract Drilling Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Independence Contract Drilling Earnings Headlines

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Independence Contract Drilling, Inc. (ICDI)
Independence Contract Drilling Restructures Debt Amid Bankruptcy
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About Independence Contract Drilling

Independence Contract Drilling (NYSE:ICD) provides land-based contract drilling services for oil and natural gas producers in the United States. It operates a fleet of pad-optimal and superspec AC powered rigs in the Permian Basin and the Haynesville Shale. The company was incorporated in 2011 and is headquartered in Houston, Texas.

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