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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Laser breakthrough could send stock soaring 2,467% (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Laser breakthrough could send stock soaring 2,467% (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
NYSE:ICD

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

$2.89
+0.12 (+4.33%)
(As of 06/2/2023 ET)
Compare
Today's Range
$2.81
$2.93
50-Day Range
$2.73
$3.51
52-Week Range
$2.63
$5.25
Volume
59,735 shs
Average Volume
73,134 shs
Market Capitalization
$40.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

ICD stock logo

About Independence Contract Drilling (NYSE:ICD) Stock

Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. It develops and assembles the sharedriller series rig design. Its series are AC programmable, and energy efficient BiFuel. The company was founded by Philip A. Choyce and Byron A. Dunn on November 4, 2011 and is headquartered in Houston, TX.

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ICD Stock News Headlines

Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
ICD Independence Contract Drilling, Inc.
See More Headlines

ICD Price History

ICD Company Calendar

Last Earnings
11/01/2021
Today
6/04/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
500
Year Founded
2011

Profitability

Net Income
$-65,320,000.00
Pretax Margin
-5.56%

Debt

Sales & Book Value

Annual Sales
$215.48 million
Cash Flow
$1.67 per share
Book Value
$15.34 per share

Miscellaneous

Free Float
13,879,000
Market Cap
$40.64 million
Optionable
Optionable
Beta
5.00

Social Links


Key Executives

  • J. Anthony Gallegos
    President, Chief Executive Officer & Director
  • Philip A. Dalrymple
    Senior Vice President-Operations
  • Philip A. Choyce
    CFO, Secretary, Treasurer & Executive VP
  • Katherine Kokenes
    Chief Accounting Officer & Vice President
  • Scott A. Keller
    Senior Vice President-Business Development













ICD Stock - Frequently Asked Questions

How have ICD shares performed in 2023?

Independence Contract Drilling's stock was trading at $3.27 at the beginning of 2023. Since then, ICD shares have decreased by 11.6% and is now trading at $2.89.
View the best growth stocks for 2023 here
.

Are investors shorting Independence Contract Drilling?

Independence Contract Drilling saw a increase in short interest in April. As of April 30th, there was short interest totaling 526,500 shares, an increase of 6.4% from the April 15th total of 494,700 shares. Based on an average daily volume of 135,700 shares, the short-interest ratio is presently 3.9 days. Currently, 4.2% of the shares of the company are sold short.
View Independence Contract Drilling's Short Interest
.

When is Independence Contract Drilling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ICD earnings forecast
.

How were Independence Contract Drilling's earnings last quarter?

Independence Contract Drilling, Inc. (NYSE:ICD) issued its quarterly earnings data on Monday, November, 1st. The oil and gas company reported ($1.87) earnings per share for the quarter, missing the consensus estimate of ($1.86) by $0.01. The oil and gas company earned $24.04 million during the quarter. Independence Contract Drilling had a negative trailing twelve-month return on equity of 5.73% and a negative net margin of 3.02%.

When did Independence Contract Drilling's stock split?

Independence Contract Drilling shares reverse split on 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 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).

What is Independence Contract Drilling's stock symbol?

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

Who are Independence Contract Drilling's major shareholders?

Independence Contract Drilling's stock is owned by many different retail and institutional investors. Top institutional investors include Tejara Capital Ltd (2.39%), Two Sigma Advisers LP (1.23%), Renaissance Technologies LLC (0.94%), Acadian Asset Management LLC (0.82%), Two Sigma Investments LP (0.53%) and Jane Street Group LLC (0.49%). Insiders that own company stock include Credit Opportunity Master Msd, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Independence Contract Drilling's stock price today?

One share of ICD stock can currently be purchased for approximately $2.89.

How much money does Independence Contract Drilling make?

Independence Contract Drilling (NYSE:ICD) has a market capitalization of $40.64 million and generates $215.48 million in revenue each year. The oil and gas company earns $-65,320,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.

How many employees does Independence Contract Drilling have?

The company employs 500 workers across the globe.

How can I contact Independence Contract Drilling?

Independence Contract Drilling's mailing address is 20475 STATE HIGHWAY 249 SUITE 300, HOUSTON TX, 77070. The official website for the company is www.icdrilling.com. The oil and gas company can be reached via phone at (281) 598-1230, via email at investor.relations@icdrilling.com, or via fax at 832-645-0302.

This page (NYSE:ICD) was last updated on 6/4/2023 by MarketBeat.com Staff

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