NYSE:ICD Independence Contract Drilling (ICD) Stock Price, News & Analysis → My next big prediction isn’t a prediction (From Porter & Company) (Ad) Free ICD Stock Alerts $1.72 +0.01 (+0.59%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$1.67▼$1.7350-Day Range$1.63▼$2.2252-Week Range$1.61▼$3.54Volume58,213 shsAverage Volume90,845 shsMarket Capitalization$26.19 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Independence Contract Drilling alerts: Email Address Independence Contract Drilling MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy4.18% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.59) to ($1.42) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.13 out of 5 starsOils/Energy Sector243rd out of 243 stocksDrilling Oil & Gas Wells Industry13th out of 13 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Independence Contract Drilling. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.18% of the float of Independence Contract Drilling has been sold short.Short Interest Ratio / Days to CoverIndependence Contract Drilling has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in Independence Contract Drilling has recently decreased by 1.72%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldIndependence Contract Drilling does not currently pay a dividend.Dividend GrowthIndependence Contract Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ICD. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 news articles for Independence Contract Drilling this week, compared to 0 articles on an average week.Search Interest2 people have searched for ICD on MarketBeat in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Independence Contract Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.80% of the stock of Independence Contract Drilling is held by insiders.Percentage Held by InstitutionsOnly 38.23% of the stock of Independence Contract Drilling is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Independence Contract Drilling are expected to grow in the coming year, from ($2.59) to ($1.42) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independence Contract Drilling is -0.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Contract Drilling is -0.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIndependence Contract Drilling has a P/B Ratio of 0.13. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Independence Contract Drilling Stock (NYSE:ICD)Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of pad-optimal, superspec AC powered rigs, and additional idle AC rigs in the Permian Basin and the Haynesville Shale. Its fleet consists of 26 rigs. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.Read More ICD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ICD Stock News HeadlinesMarch 16, 2024 | finance.yahoo.comICD Apr 2024 2.000 putMarch 16, 2024 | americanbankingnews.comIndependence Contract Drilling (NYSE:ICD) Upgraded by StockNews.com to HoldMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 14, 2024 | americanbankingnews.comIndependence Contract Drilling (NYSE:ICD) Stock Price Crosses Below Two Hundred Day Moving Average of $2.44March 1, 2024 | seekingalpha.comIndependence Contract Drilling, Inc. (ICD) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comIndependence Contract Drilling, Inc. (NYSE:ICD) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comQ4 2023 Independence Contract Drilling Inc Earnings CallFebruary 28, 2024 | markets.businessinsider.comIndependence Contract Drilling, Inc. Q4 Earnings SummaryMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.February 28, 2024 | msn.comIndependence Contract Drilling Non-GAAP EPS of -$0.61 misses by $0.15, revenue of $45.83M beats by $1.38MFebruary 28, 2024 | prnewswire.comIndependence Contract Drilling, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023February 27, 2024 | msn.comIndependence Contract Drilling Q4 2023 Earnings PreviewFebruary 20, 2024 | finance.yahoo.comIndependence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference CallFebruary 20, 2024 | prnewswire.comIndependence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference CallFebruary 14, 2024 | wsj.comIndependence Contract Drilling Inc.January 30, 2024 | investing.comIndependence Contract Drilling Inc (ICD)December 7, 2023 | finance.yahoo.comIndependence Contract Drilling (NYSE:ICD) Is Doing The Right Things To Multiply Its Share PriceNovember 10, 2023 | finance.yahoo.comIndependence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 2023November 3, 2023 | finance.yahoo.comStonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q3 2023November 2, 2023 | msn.comIndependence Contract Drilling Non-GAAP EPS of -$0.37 beats by $0.05, revenue of $44.16M misses by $0.95MNovember 2, 2023 | finance.yahoo.comIndependence Contract Drilling, Inc. (NYSE:ICD) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comQ3 2023 Independence Contract Drilling Inc Earnings CallNovember 1, 2023 | finance.yahoo.comIndependence Contract Drilling Inc (ICD) Reports Q3 2023 Financial ResultsOctober 31, 2023 | benzinga.comPreview: Independence Contract's EarningsOctober 30, 2023 | finance.yahoo.comIndependence Contract Drilling to Present at the Emerging Growth Conference on November 2, 2023October 27, 2023 | finance.yahoo.comIndependence Contract Drilling, Inc.'s (NYSE:ICD) Profit OutlookOctober 24, 2023 | finance.yahoo.comIndependence Contract Drilling, Inc. Announces Timing of Third Quarter 2023 Financial Results and Conference CallSee More Headlines Receive ICD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Independence Contract Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2021Today3/18/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryN/A Current SymbolNYSE:ICD CUSIPN/A CIK1537028 Webwww.icdrilling.com Phone(281) 598-1230Fax832-645-0302Employees450Year Founded2011Profitability EPS (Most Recent Fiscal Year)($2.68) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-37,700,000.00 Net Margins-17.94% Pretax Margin-18.88% Return on Equity-6.12% Return on Assets-3.02% Debt Debt-to-Equity Ratio0.85 Current Ratio1.07 Quick Ratio1.04 Sales & Book Value Annual Sales$210.11 million Price / Sales0.12 Cash Flow$2.77 per share Price / Cash Flow0.62 Book Value$12.89 per share Price / Book0.13Miscellaneous Outstanding Shares15,270,000Free Float14,687,000Market Cap$26.19 million OptionableOptionable Beta4.92 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. John Anthony Gallegos Jr. (Age 54)President, CEO & Director Comp: $1.27MMr. Philip A. Choyce (Age 57)Executive VP, CFO, Treasurer & Secretary Comp: $901.7kMr. Scott A. Keller (Age 43)Senior Vice President of Business Development Comp: $620.99kMr. Philip A. Dalrymple (Age 45)Senior Vice President of Operations Comp: $260.2kMs. Katherine Kokenes (Age 51)VP & Chief Accounting Officer Mr. Marc S. NoelVice President of Sales & MarketingMore ExecutivesKey CompetitorsClean Energy TechnologiesNASDAQ:CETYU.S. EnergyNASDAQ:USEGSuperior Drilling ProductsNYSE:SDPISunrise New EnergyNASDAQ:EPOWNeoVoltaNASDAQ:NEOVView All CompetitorsInstitutional OwnershipCitadel Advisors LLCBought 1,900 shares on 2/15/2024Ownership: 0.000%CastleKnight Management LPBought 190,679 shares on 2/14/2024Ownership: 3.836%Northern Trust CorpBought 40,185 shares on 2/13/2024Ownership: 0.408%View All Institutional Transactions ICD Stock Analysis - Frequently Asked Questions How have ICD shares performed in 2024? Independence Contract Drilling's stock was trading at $2.45 on January 1st, 2024. Since then, ICD shares have decreased by 30.0% and is now trading at $1.7150. View the best growth stocks for 2024 here. When is Independence Contract Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ICD earnings forecast. How were Independence Contract Drilling's earnings last quarter? Independence Contract Drilling, Inc. (NYSE:ICD) posted its earnings results on Monday, November, 1st. The oil and gas company reported ($1.87) EPS for the quarter, missing analysts' consensus estimates of ($1.86) by $0.01. The oil and gas company earned $24.04 million during the quarter. Independence Contract Drilling had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 6.12%. 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 closing bell 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 is Anthony Gallegos' approval rating as Independence Contract Drilling's CEO? 2 employees have rated Independence Contract Drilling Chief Executive Officer Anthony Gallegos on Glassdoor.com. Anthony Gallegos has an approval rating of 100% among the company's employees. This puts Anthony Gallegos in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Independence Contract Drilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Independence Contract Drilling investors own include Callon Petroleum (CPE), Energy Transfer (ET), Oasis Petroleum (OAS), Rosehill Resources (ROSE), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Abraxas Petroleum (AXAS), Denbury Resources (DNR), Genocea Biosciences (GNCA) and MEI Pharma (MEIP). Who are Independence Contract Drilling's major shareholders? Independence Contract Drilling's stock is owned by a variety of retail and institutional investors. Top institutional investors include CastleKnight Management LP (3.84%), Northern Trust Corp (0.41%), Citadel Advisors LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Daniel F Mcnease, James Minmier, Msd Capital L P, Msd Partners, LP and William Monroe. View institutional ownership trends. How do I buy shares of Independence Contract Drilling? Shares of ICD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ICD) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Companytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders Agency Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Independence Contract Drilling, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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