NYSE:ICD - Independence Contract Drilling Stock Price, News, & Analysis

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$3.97 +0.14 (+3.66 %)
(As of 09/19/2018 12:37 PM ET)
Previous Close$3.95
Today's Range$3.92 - $3.98
52-Week Range$2.72 - $5.48
Volume3,018 shs
Average Volume134,873 shs
Market Capitalization$142.11 million
P/E Ratio-7.47
Dividend YieldN/A
Beta2.65
Independence Contract Drilling logoIndependence 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ICD
CUSIPN/A
Phone281-598-1230

Debt

Debt-to-Equity Ratio0.26
Current Ratio1.39
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio-7.47
Forward P/E Ratio-15.88
P/E GrowthN/A

Sales & Book Value

Annual Sales$90.01 million
Price / Sales1.68
Cash Flow$0.1742 per share
Price / Cash22.79
Book Value$6.20 per share
Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)($0.53)
Net Income$-24,290,000.00
Net Margins-19.21%
Return on Equity-7.34%
Return on Assets-5.63%

Miscellaneous

Employees390
Outstanding Shares38,100,000
Market Cap$142.11 million

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) released its quarterly earnings results on Thursday, August, 2nd. The oil and gas company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.01. The oil and gas company had revenue of $25.75 million for the quarter, compared to analysts' expectations of $25.70 million. Independence Contract Drilling had a negative return on equity of 7.34% and a negative net margin of 19.21%. View Independence Contract Drilling's Earnings History.

When is Independence Contract Drilling's next earnings date?

Independence Contract Drilling is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Independence Contract Drilling.

What price target have analysts set for ICD?

5 brokerages have issued 1-year price targets for Independence Contract Drilling's stock. Their forecasts range from $5.50 to $8.00. On average, they expect Independence Contract Drilling's share price to reach $6.3750 in the next twelve months. This suggests a possible upside of 61.0% from the stock's current price. View Analyst Price Targets for Independence Contract Drilling.

What is the consensus analysts' recommendation for Independence Contract Drilling?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independence Contract Drilling in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Independence Contract Drilling.

Who are some of Independence Contract Drilling's key competitors?

Who are Independence Contract Drilling's key executives?

Independence Contract Drilling's management team includes the folowing people:
  • Mr. Byron A. Dunn, Pres, CEO & Director (Age 60)
  • Mr. Philip A. Choyce, Exec. VP, CFO, Treasurer & Sec. (Age 51)
  • Mr. Christopher K. Menefee, VP of Bus. Devel. (Age 41)
  • Mr. Philip A. Dalrymple, VP of Operations (Age 39)
  • Mr. Michael J. Harwell, Chief Accounting Officer & VP of Fin. (Age 49)

Has Independence Contract Drilling been receiving favorable news coverage?

News headlines about ICD stock have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Independence Contract Drilling earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the oil and gas company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Independence Contract Drilling.

Who are Independence Contract Drilling's major shareholders?

Independence Contract Drilling's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (5.71%), BlackRock Inc. (4.44%), Dimensional Fund Advisors LP (2.97%), FMR LLC (2.37%), Bank of New York Mellon Corp (0.85%) and Bank of New York Mellon Corp (0.85%). View Institutional Ownership Trends for Independence Contract Drilling.

Which major investors are selling Independence Contract Drilling stock?

ICD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC and Napier Park Global Capital US LP. View Insider Buying and Selling for Independence Contract Drilling.

Which major investors are buying Independence Contract Drilling stock?

ICD stock was bought by a variety of institutional investors in the last quarter, including Teton Advisors Inc., Royce & Associates LP, Dimensional Fund Advisors LP, Renaissance Technologies LLC, BlackRock Inc., Perella Weinberg Partners Capital Management LP, Acadian Asset Management LLC and Marquette Asset Management LLC. 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 $3.96.

How big of a company is Independence Contract Drilling?

Independence Contract Drilling has a market capitalization of $142.11 million and generates $90.01 million in revenue each year. The oil and gas company earns $-24,290,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis. Independence Contract Drilling employs 390 workers across the globe.

How can I contact Independence Contract Drilling?

Independence Contract Drilling's mailing address is 11601 NORTH GALAYDA STREET, HOUSTON TX, 77086. 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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  372
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.
This page was last updated on 9/19/2018 by MarketBeat.com Staff

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