Independence Contract Drilling (ICD) Stock Price, News & Analysis

Company Overview

Independence Contract Drilling, Inc. 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.

Key Stats

• Today's Range: N/A
• 50-Day Range: $0.50 to $1.43
• 52-Week Range: N/A
• Volume: 317,400 shs
• Average Volume: 62,410 shs
• Market Capitalization: $8.91 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ICD Stock Analysis - Frequently Asked Questions

How were Independence Contract Drilling's earnings last quarter?

Independence Contract Drilling, Inc. (NYSE:ICD) released its quarterly earnings results on Wednesday, August, 7th. The oil and gas company reported ($0.73) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.76) by $0.03. The oil and gas company had revenue of $43.33 million for the quarter, compared to the consensus estimate of $41.86 million. Independence Contract Drilling had a negative net margin of 24.20% and a negative trailing twelve-month return on equity of 11.44%.

When did Independence Contract Drilling's stock split?

Independence Contract Drilling's stock reverse split on the morning of Thursday, March 12th 2020. The 1-20 reverse split was announced on Friday, February 28th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, March 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Independence Contract Drilling own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Independence Contract Drilling investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), General Electric (GE), e.l.f. Beauty (ELF), Jabil (JBL) and Meta Platforms (META).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 2/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Drilling oil & gas wells
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:ICD
• CUSIP: N/A
• CIK: 1537028
• Web: www.icdrilling.com
• Phone: (281) 598-1230
• Fax: 832-645-0302
• Employees: 600
• Year Founded: 2011

Profitability

• EPS (Most Recent Fiscal Year): ($3.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-37,700,000.00
• Net Margins: -24.20%
• Pretax Margin: -25.34%
• Return on Equity: -11.44%
• Return on Assets: -5.51%

Debt

• Debt-to-Equity Ratio: 0.98
• Current Ratio: 1.31
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $179.96 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 0.50
• Book Value: $12.89 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 15,213,000
• Free Float: 14,635,000
• Market Cap: $8.91 million
• Optionable: Optionable
• Beta: 4.93