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

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$3.24 -0.19 (-5.54 %)
(As of 01/23/2019 04:21 AM ET)
Previous Close$3.43
Today's Range$3.19 - $3.49
52-Week Range$2.70 - $5.32
Volume268,800 shs
Average Volume195,264 shs
Market Capitalization$245.25 million
P/E Ratio-6.11
Dividend YieldN/A
Beta2.22
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.

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Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone281-598-1230

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$90.01 million
Cash Flow$0.1547 per share
Book Value$6.20 per share

Profitability

Net Income$-24,290,000.00

Miscellaneous

Employees390
Market Cap$245.25 million
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) issued its earnings results on Tuesday, November, 6th. The oil and gas company reported ($0.05) earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of ($0.05). The oil and gas company had revenue of $28.44 million for the quarter, compared to analysts' expectations of $28.80 million. Independence Contract Drilling had a negative return on equity of 6.05% and a negative net margin of 16.35%. 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 Monday, February 25th 2019. View Earnings Estimates for Independence Contract Drilling.

What price target have analysts set for ICD?

4 analysts have issued 12 month price targets for Independence Contract Drilling's stock. Their forecasts 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 105.8% 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 somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Independence Contract Drilling earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

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. Philip A. Choyce, Exec. VP, CFO, Treasurer & Sec. (Age 52)
  • Mr. Christopher K. Menefee, Sr. VP of Bus. Devel. (Age 42)
  • Mr. J. 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 variety of of institutional and retail investors. Top institutional investors include Marquette Asset Management LLC (0.08%). 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 institutional investors are buying Independence Contract Drilling stock?

ICD stock was bought by a variety of institutional investors in the last quarter, including Marquette Asset 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 $3.24.

How big of a company is Independence Contract Drilling?

Independence Contract Drilling has a market capitalization of $245.25 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.

What is Independence Contract Drilling's official website?

The official website for Independence Contract Drilling is http://www.icdrilling.com.

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  399
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 1/23/2019 by MarketBeat.com Staff

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