NYSE:ICD Independence Contract Drilling (ICD) Stock Price, News & Analysis → Grab Your Free Bitcoin Today! (From Crypto Swap Profits) (Ad) Free ICD Stock Alerts $1.86 -0.06 (-3.13%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$1.80▼$2.0450-Day Range$1.63▼$2.2252-Week Range$1.61▼$3.54Volume73,564 shsAverage Volume69,160 shsMarket Capitalization$28.40 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 InterestBearish4.26% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.36Based on 2 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.0.15 out of 5 starsOils/Energy Sector236th out of 237 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 2.0 Short Interest Percentage of Shares Shorted4.26% 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 8.4.Change versus previous monthShort interest in Independence Contract Drilling has recently increased by 2.01%, indicating that investor sentiment is decreasing. 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 1.9 News and Social Media Coverage News SentimentIndependence Contract Drilling has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Independence Contract Drilling this week, compared to 0 articles on an average week. 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 29.38% 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 -0.69, 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 -0.69, 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 0.14. 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 Prosper Trading AcademyDid you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:Click Here To Get Your Free Copy 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 28, 2024 | americanbankingnews.comIndependence Contract Drilling (NYSE:ICD) Lowered to "Sell" at StockNews.comMarch 23, 2024 | morningstar.comIndependence Contract Drilling Inc ICDMarch 28, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.March 21, 2024 | finance.yahoo.comINDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO. AS FINANCIAL ADVISOR TO STRATEGIC ALTERNATIVES COMMITTEEMarch 21, 2024 | prnewswire.comINDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO.March 16, 2024 | finance.yahoo.comICD Apr 2024 2.000 putMarch 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 TranscriptMarch 28, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.February 29, 2024 | finance.yahoo.comQ4 2023 Independence Contract Drilling Inc Earnings CallFebruary 28, 2024 | markets.businessinsider.comIndependence Contract Drilling, Inc. Q4 Earnings SummaryFebruary 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, 2023See 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 Earnings2/28/2024Today3/28/2024Next 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 / Sales0.14 Cash Flow$2.69 per share Price / Cash Flow0.70 Book Value$12.89 per share Price / Book0.15Miscellaneous Outstanding Shares15,270,000Free Float14,687,000Market Cap$28.71 million OptionableOptionable Beta4.92 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsU.S. EnergyNASDAQ:USEGComplete SolariaNASDAQ:CSLRSuperior Drilling ProductsNYSE:SDPINeoVoltaNASDAQ:NEOVnoco-nocoNASDAQ:NCNCView 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 at the beginning of 2024. Since then, ICD shares have decreased by 24.1% and is now trading at $1.86. 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) issued its quarterly earnings results on Wednesday, February, 28th. The oil and gas company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.46) by $0.15. The oil and gas company had revenue of $45.83 million for the quarter, compared to analysts' expectations of $43.89 million. Independence Contract Drilling had a negative trailing twelve-month return on equity of 6.12% and a negative net margin of 17.94%. When did Independence Contract Drilling's stock split? Independence Contract Drilling shares reverse split before market open 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). Who are Independence Contract Drilling's major shareholders? Independence Contract Drilling's stock is owned by a variety of institutional and retail 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryFed launches fourth dollar overhaulStansberry ResearchThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy 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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