Independence Contract Drilling Company Profile (NYSE:ICD)

About Independence Contract Drilling

Independence Contract Drilling logo

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ICD
  • CUSIP:
Key Metrics:
  • Previous Close: $5.61
  • 50 Day Moving Average: $6.25
  • 200 Day Moving Average: $5.64
  • 52-Week Range: $37,439,000.00 - $3.70
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -18.70
  • P/E Growth: -1.89
  • Market Cap: $210.03M
  • Outstanding Shares: 37,439,000
  • Beta: 2.98
Profitability:
  • Net Margins: -22.48%
  • Return on Equity: -4.00%
  • Return on Assets: -3.27%
Debt:
  • Debt-to-Equity Ratio: 0.09%
  • Current Ratio: 1.54%
  • Quick Ratio: 1.36%
Additional Links:
Companies Related to Independence Contract Drilling:

Analyst Ratings

Consensus Ratings for Independence Contract Drilling (NYSE:ICD) (?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $7.33 (30.72% upside)

Analysts' Ratings History for Independence Contract Drilling (NYSE:ICD)
Show:
DateFirmActionRatingPrice TargetDetails
12/28/2016FBR & CoBoost Price TargetOutperform$6.25 -> $8.50View Rating Details
11/29/2016Tudor PickeringUpgradeHold -> BuyView Rating Details
9/15/2016DA DavidsonInitiated CoverageBuy$7.00View Rating Details
8/16/2016NomuraSet Price TargetBuy$8.00View Rating Details
8/1/2016Morgan StanleyReiterated RatingBuy$8.00View Rating Details
7/7/2016Iberia CapitalReiterated RatingOutperform$5.00 -> $7.00View Rating Details
4/15/2016Royal Bank of CanadaBoost Price TargetOutperform$4.75 -> $5.50View Rating Details
2/22/2016Cowen and CompanyLower Price TargetOutperform$8.50 -> $5.20View Rating Details
10/30/2015Evercore ISILower Price Target$10.00 -> $8.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Independence Contract Drilling (NYSE:ICD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416($0.15)$17.39 millionN/AView Earnings Details
10/26/2016Q316($0.15)($0.17)$14.66 million$14.50 millionViewListenView Earnings Details
7/28/2016Q216($0.10)($0.07)$15.15 million$15.20 millionViewListenView Earnings Details
4/28/2016Q116($0.09)($0.02)$21.00 million$22.46 millionViewListenView Earnings Details
2/18/2016Q415($0.07)($0.04)$23.03 million$23.70 millionViewListenView Earnings Details
10/29/2015Q315($0.09)($0.05)$20.40 million$21.30 millionViewListenView Earnings Details
8/6/2015Q215($0.05)($0.03)$21.37 million$21.10 millionViewN/AView Earnings Details
5/7/2015Q115$0.01$0.03$21.67 million$22.31 millionViewN/AView Earnings Details
3/5/2015Q414$0.01$0.02$21.80 million$20.00 millionViewN/AView Earnings Details
11/10/2014Q314($0.03)$0.04$18.00 millionViewN/AView Earnings Details
9/11/2014Q214($0.23)($0.09)$14.70 million$14.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Independence Contract Drilling (NYSE:ICD)
Current Year EPS Consensus Estimate: $-0.43 EPS
Next Year EPS Consensus Estimate: $-0.30 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.03)($0.03)($0.03)
Q2 20162($0.11)($0.10)($0.11)
Q3 20163($0.15)($0.09)($0.13)
Q4 20163($0.14)($0.13)($0.14)
Q1 20173($0.14)($0.07)($0.11)
Q2 20173($0.11)($0.06)($0.09)
Q3 20173($0.10)($0.04)($0.07)
Q4 20173($0.07)($0.03)($0.05)
Q1 20181$0.00$0.00$0.00
Q2 20181$0.01$0.01$0.01
Q3 20181$0.03$0.03$0.03
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Independence Contract Drilling (NYSE:ICD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Independence Contract Drilling (NYSE:ICD)
Insider Ownership Percentage: 11.50%
Institutional Ownership Percentage: 77.73%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/7/2016Thomas R Bates JrDirectorBuy10,000$4.04$40,400.00View SEC Filing  
8/17/2016Resource Corp SprottMajor ShareholderSell1,000,000$4.50$4,500,000.00View SEC Filing  
5/13/2015Joseph Scott ThompsonInsiderBuy5,000$7.90$39,500.00View SEC Filing  
8/13/2014Global Energy Advisors Sas 4DMajor ShareholderBuy600,000$11.00$6,600,000.00View SEC Filing  
8/13/2014Matthew D FitzgeraldDirectorBuy3,000$11.00$33,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Independence Contract Drilling (NYSE:ICD)
DateHeadline
seekingalpha.com logoIndependence Contract Drilling: Riding The U.S. Onshore Rebound (NYSE:ICD)
seekingalpha.com - February 13 at 11:21 AM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year-End 2016 Financial Results and Conference Call (NYSE:ICD)
finance.yahoo.com - January 23 at 10:56 AM
publicnow.com logoIndependence Contract Drilling, Inc. Announces Appointment of Board Member (NYSE:ICD)
www.publicnow.com - January 4 at 4:53 PM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Stateme (NYSE:ICD)
biz.yahoo.com - January 4 at 4:53 PM
News IconIndependence Contract Drilling (NYSE:ICD) Issued With 'Outperform' Rating At FBR & Co (NYSE:ICD)
viveremilano.biz - December 30 at 11:16 PM
News IconBrokers Change Their Target Price On Independence Contract Drilling, Inc. (NYSE:ICD) (NYSE:ICD)
vouxmagazine.com - December 30 at 3:55 AM
News IconIndependence Contract Drilling (NYSE:ICD) Receives Outperform Rating From FBR & Co (NYSE:ICD)
myhealthbowl.com - December 29 at 3:45 AM
marketexclusive.com logoAnalyst Activity – FBR & Co Raises Its Price Target On Independent Contract Drilling (NYSE:ICD) to $8.50 (NYSE:ICD)
marketexclusive.com - December 29 at 3:45 AM
insidermonkey.com logoIs Independence Contract Drilling Inc (ICD) A Good Stock To Buy Right Now? (NYSE:ICD)
www.insidermonkey.com - December 9 at 6:00 PM
News IconGovernor Abbott Appoints Six To Nueces River Authority Board Of Directors (NYSE:ICD)
stylemagazine.com - December 8 at 6:25 PM
finance.yahoo.com logoIndependence Contract Drilling upgraded by Tudor Pickering (NYSE:ICD)
finance.yahoo.com - November 29 at 4:39 PM
finance.yahoo.com logoIndependence Contract Drilling, Inc. to Participate in the Jefferies 2016 Energy Conference (NYSE:ICD)
finance.yahoo.com - November 22 at 5:33 PM
zacks.com logoShould You Get Rid of Independence Contract Drilling (ICD) Now? (NYSE:ICD)
www.zacks.com - November 1 at 10:02 AM
fidaily.com logoShares now down at $4.48 Independence Contract Drilling, Inc…. (NYSE:ICD)
www.fidaily.com - October 29 at 8:28 AM
capitalcube.com logoETF’s with exposure to Independence Contract Drilling, Inc. : October 28, 2016 (NYSE:ICD)
www.capitalcube.com - October 28 at 5:24 PM
4-traders.com logoINDEPENDENCE CONTRACT DRILLING, INC. : Results of Operations and Financial Condition (form 8-K) (NYSE:ICD)
www.4-traders.com - October 27 at 10:19 AM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The Third Quarter Ended September … (NYSE:ICD)
finance.yahoo.com - October 27 at 10:19 AM
cnbc.com logoIndependent Contract Drilling posts 3Q loss (NYSE:ICD)
www.cnbc.com - October 27 at 10:19 AM
finance.yahoo.com logoEdited Transcript of ICD earnings conference call or presentation 26-Oct-16 3:00pm GMT (NYSE:ICD)
finance.yahoo.com - October 27 at 10:19 AM
capitalcube.com logoIndependence Contract Drilling, Inc. :ICD-US: Earnings Analysis: Q3, 2016 By the Numbers : October 27, 2016 (NYSE:ICD)
www.capitalcube.com - October 27 at 10:19 AM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:ICD)
biz.yahoo.com - October 26 at 8:44 AM
publicnow.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The Third Quarter Ended September 30, 2016 (NYSE:ICD)
www.publicnow.com - October 26 at 8:44 AM
finance.yahoo.com logo6:38 am Independence Contract Drilling misses by $0.02, beats on revs (NYSE:ICD)
finance.yahoo.com - October 26 at 8:44 AM
biz.yahoo.com logoQ3 2016 Independence Contract Drilling Inc Earnings Release - Before Market Open (NYSE:ICD)
biz.yahoo.com - October 26 at 8:44 AM
insidermonkey.com logoDaily Wrap: The Biggest Hedge Fund Moves of the Day (NYSE:ICD)
www.insidermonkey.com - October 25 at 5:35 PM
insidermonkey.com logoIndependence Contract Drilling Inc. (ICD): Adage Capital Management Boosts Its Stake (NYSE:ICD)
www.insidermonkey.com - October 17 at 5:30 PM
publicnow.com logoIndependence Contract Drilling, Inc. Announces Timing of Third Quarter 2016 Financial Results and Conference Call (NYSE:ICD)
www.publicnow.com - October 6 at 5:26 PM
finance.yahoo.com logoWhy the Earnings Streak Will Continue for Independence Contract Drilling (ICD) (NYSE:ICD)
finance.yahoo.com - September 16 at 9:30 AM
finance.yahoo.com logoRowan Companies (RDC) in Focus: Stock Up 8.3% in Session (NYSE:ICD)
finance.yahoo.com - September 9 at 10:15 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Matador Resources, China Petroleum and Chemical, Independence Contract Drilling, Vermilion Energy and Ultrapar Participacoes S.A. (NYSE:ICD)
finance.yahoo.com - September 9 at 10:15 AM
finance.yahoo.com logo5 Energy Stocks That Are Broker Favorites (NYSE:ICD)
finance.yahoo.com - September 8 at 5:27 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Independence Contract Drilling, McDermott International, NGL Energy Partners and Subsea 7 (NYSE:ICD)
finance.yahoo.com - August 25 at 10:35 AM
finance.yahoo.com logo4 Top Oil Stocks with Winning Streaks at Earnings Season (NYSE:ICD)
finance.yahoo.com - August 24 at 5:27 PM
4-traders.com logoINDEPENDENCE CONTRACT DRILLING, INC. : Change in Directors or Principal Officers (form 8-K) (NYSE:ICD)
www.4-traders.com - August 24 at 8:40 AM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:ICD)
biz.yahoo.com - August 23 at 5:44 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Murphy USA, Independence Contract Drilling, PBF Logistics, McDermott International and Contango Oil & Gas (NYSE:ICD)
finance.yahoo.com - August 19 at 5:33 PM
finance.yahoo.com logo5 Best Oil Stocks to Buy Today (NYSE:ICD)
finance.yahoo.com - August 18 at 5:36 PM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Regulation FD Disclosure (NYSE:ICD)
biz.yahoo.com - August 15 at 5:47 PM
capitalcube.com logoETF’s with exposure to Independence Contract Drilling, Inc. : August 12, 2016 (NYSE:ICD)
www.capitalcube.com - August 12 at 5:39 PM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Fin (NYSE:ICD)
biz.yahoo.com - August 10 at 5:52 PM
capitalcube.com logoIndependence Contract Drilling, Inc. :ICD-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:ICD)
www.capitalcube.com - August 5 at 5:43 PM
News IconOffshore Drilling Contractors Mapping More Rough Seas Ahead (NYSE:ICD)
www.naturalgasintel.com - August 2 at 5:49 PM
finance.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Financials (NYSE:ICD)
finance.yahoo.com - July 30 at 1:04 PM
4-traders.com logoINDEPENDENCE CONTRACT DRILLING, INC. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:ICD)
www.4-traders.com - July 29 at 8:31 AM
finance.yahoo.com logoIndependent Contract Drilling posts 2Q loss (NYSE:ICD)
finance.yahoo.com - July 29 at 8:31 AM
publicnow.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The Second Quarter Ended June 30, 2016 (NYSE:ICD)
www.publicnow.com - July 28 at 7:08 AM
biz.yahoo.com logoQ2 2016 Independence Contract Drilling Inc Earnings Release - Before Market Open (NYSE:ICD)
biz.yahoo.com - July 28 at 7:07 AM
fidaily.com logoStock is down at $5.19 Independence Contract Drilling, Inc…. (NYSE:ICD)
www.fidaily.com - July 12 at 5:51 PM
publicnow.com logoIndependence Contract Drilling, Inc. Announces Timing of Second Quarter 2016 Financial Results and Conference Call (NYSE:ICD)
www.publicnow.com - July 11 at 6:23 PM
benzinga.com logoIndependence Contract Drilling Gets Bullish Comments From iBERIA Capital (NYSE:ICD)
www.benzinga.com - July 8 at 8:24 AM

Social

What is Independence Contract Drilling's stock symbol?

Independence Contract Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "ICD."

Where is Independence Contract Drilling's stock going? Where will Independence Contract Drilling's stock price be in 2017?

7 equities research analysts have issued 1-year price objectives for Independence Contract Drilling's shares. Their predictions range from $5.50 to $8.50. On average, they anticipate Independence Contract Drilling's stock price to reach $7.33 in the next year.

When will Independence Contract Drilling announce their earnings?

Independence Contract Drilling is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

Who owns Independence Contract Drilling stock?

Independence Contract Drilling's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (4.56%), Lime Rock Management LP (4.08%), Federated Investors Inc. PA (3.58%), Royce & Associates LP (3.46%), Putnam Investments LLC (2.20%) and Oceanic Investment Management LTD (1.51%). Company insiders that own Independence Contract Drilling stock include Joseph Scott Thompson, Resource Corp Sprott and Thomas R Bates Jr.

Who sold Independence Contract Drilling stock? Who is selling Independence Contract Drilling stock?

Independence Contract Drilling's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Lime Rock Management LP, Oceanic Investment Management LTD, Renaissance Technologies LLC and Allianz Asset Management AG.

Who bought Independence Contract Drilling stock? Who is buying Independence Contract Drilling stock?

Independence Contract Drilling's stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Federated Investors Inc. PA, Putnam Investments LLC, Amtrust Financial Services Inc., Van ECK Associates Corp, Russell Investments Group Ltd., Numeric Investors LLC and State Street Corp. Company insiders that have bought Independence Contract Drilling stock in the last two years include Joseph Scott Thompson and Thomas R Bates Jr.

How do I buy Independence Contract Drilling stock?

Shares of Independence Contract Drilling can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Independence Contract Drilling stock cost?

One share of Independence Contract Drilling stock can currently be purchased for approximately $5.61.

Independence Contract Drilling (NYSE:ICD) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Independence Contract Drilling (NYSE:ICD)

Earnings History Chart

Earnings by Quarter for Independence Contract Drilling (NYSE:ICD)

Dividend History Chart

Dividend Payments by Quarter for Independence Contract Drilling (NYSE:ICD)

Last Updated on 2/27/2017 by MarketBeat.com Staff