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 ShaleDriller rigs that are engineered and designed to optimize the development of various oil and natural gas properties in the Permian Basin. Its fleet consists of 14 rigs. The company was founded in 2011 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
Phone281-598-1230
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$142.61 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable
Independence Contract Drilling (NYSE:ICD) Frequently Asked Questions
What is Independence Contract Drilling's stock symbol?
Independence Contract Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "ICD."
How were Independence Contract Drilling's earnings last quarter?
Independence Contract Drilling Inc (NYSE:ICD) posted its quarterly earnings results on Friday, March, 1st. The oil and gas company reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.02) by $0.03. Independence Contract Drilling had a negative net margin of 14.02% and a negative return on equity of 3.06%. View Independence Contract Drilling's Earnings History.
When is Independence Contract Drilling's next earnings date?
What price target have analysts set for ICD?
4 brokerages have issued twelve-month price objectives for Independence Contract Drilling's shares. Their predictions range from $6.00 to $8.00. On average, they anticipate Independence Contract Drilling's stock price to reach $6.6667 in the next year. This suggests a possible upside of 123.7% from the stock's current price. View Analyst Price Targets for Independence Contract Drilling.
What is the consensus analysts' recommendation for Independence Contract Drilling?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independence Contract Drilling in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Independence Contract Drilling.
Has Independence Contract Drilling been receiving favorable news coverage?
Headlines about ICD stock have trended negative on Thursday, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Independence Contract Drilling earned a media sentiment score of -2.2 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days.
Who are some of Independence Contract Drilling's key competitors?
Some companies that are related to Independence Contract Drilling include Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP), Petroteq Energy (PQEFF), Western Energy Services (WEEEF), Vantage Drilling (VTGDF), Parker Drilling (PKD), Pacific Drilling (PACDQ), Sauer Energy (SENY), Infinity Energy Resources (IFNY) and N Atl DRILLING/SH NEW (NADLQ).
What other stocks do shareholders of Independence Contract Drilling own?
Who are Independence Contract Drilling's key executives?
Independence Contract Drilling's management team includes the folowing people:
- Mr. Philip A. Choyce, Exec. VP, CFO, Treasurer & Sec. (Age 52)
- Mr. Christopher K. Menefee, Sr. VP of Bus. Devel. (Age 42)
- Mr. John Anthony Gallegos Jr., Director, Pres & CEO
- Mr. Michael J. Harwell, Chief Accounting Officer & VP of Fin. (Age 50)
- Mr. Scott A. Keller, VP of Sales & Marketing
Who are Independence Contract Drilling's major shareholders?
Independence Contract Drilling's stock is owned by a number of of institutional and retail investors. Top institutional investors include MSD Partners L.P. (24.83%), BlackRock Inc. (3.35%), Royce & Associates LP (3.03%), Jennison Associates LLC (2.36%), Dimensional Fund Advisors LP (2.05%) and Dimensional Fund Advisors LP (2.05%). Company insiders that own Independence Contract Drilling stock include Credit Opportunity Master Msd, Msd Partners, LP and Thomas R Bates Jr. View Institutional Ownership Trends for Independence Contract Drilling.
Which major investors are selling Independence Contract Drilling stock?
Which major investors are buying Independence Contract Drilling stock?
ICD stock was bought by a variety of institutional investors in the last quarter, including MSD Partners L.P., Axar Capital Management L.P., BlackRock Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Royce & Associates LP, Northern Trust Corp and Geode Capital Management LLC. Company insiders that have bought Independence Contract Drilling stock in the last two years include Credit Opportunity Master Msd, Msd Partners, LP and Thomas R Bates Jr. View Insider Buying and Selling for Independence Contract Drilling.
How do I buy shares of Independence Contract Drilling?
Shares of ICD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Independence Contract Drilling's stock price today?
One share of ICD stock can currently be purchased for approximately $2.98.
How big of a company is Independence Contract Drilling?
Independence Contract Drilling has a market capitalization of $225.56 million and generates $142.61 million in revenue each year. The oil and gas company earns $-19,990,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.
What is Independence Contract Drilling's official website?
How can I contact Independence Contract Drilling?
Independence Contract Drilling's mailing address is 20475 STATE HIGHWAY 249 SUITE 300, HOUSTON TX, 77070. The oil and gas company can be reached via phone at 281-598-1230 or via email at [email protected]
MarketBeat Community Rating for Independence Contract Drilling (NYSE ICD)
MarketBeat's community ratings are surveys of what our community members think about Independence Contract Drilling and other stocks. Vote "Outperform" if you believe ICD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ICD will underperform the S&P 500 over the long term. You may vote once every thirty days.
