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

$1.69
+0.09 (+5.63 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$1.5651
Now: $1.69
$1.79
50-Day Range
$1.02
MA: $1.21
$1.88
52-Week Range
$0.99
Now: $1.69
$5.05
Volume746,078 shs
Average Volume157,842 shs
Market Capitalization$130.05 million
P/E RatioN/A
Dividend YieldN/A
Beta1.95
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 and the Haynesville Shale. Read More…

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone239-301-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$142.61 million
Cash Flow$0.3090 per share
Book Value$5.17 per share

Profitability

Net Income$-19,990,000.00

Miscellaneous

Employees900
Market Cap$130.05 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 data on Thursday, August, 1st. The oil and gas company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.03. The oil and gas company earned $52.88 million during the quarter, compared to analyst estimates of $51.70 million. Independence Contract Drilling had a negative net margin of 13.58% and a negative return on equity of 0.97%. 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, November 5th 2019. View Earnings Estimates for Independence Contract Drilling.

What price target have analysts set for ICD?

4 brokerages have issued 12-month price targets for Independence Contract Drilling's stock. Their forecasts range from $4.00 to $5.00. On average, they anticipate Independence Contract Drilling's share price to reach $4.3333 in the next twelve months. This suggests a possible upside of 156.4% 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?

Media headlines about ICD stock have trended negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Independence Contract Drilling earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Independence Contract Drilling.

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

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), Advanced Micro Devices (AMD), Mondi (MNDI), Chesapeake Energy (CHK), WPX Energy (WPX), Exxon Mobil (XOM), Abraxas Petroleum (AXAS), Clarus (CLAR), Immunomedics (IMMU) and Intel (INTC).

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 (Age 49)
  • Mr. Michael J. Harwell, VP of Fin. & Chief Accounting Officer (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 BlackRock Inc. (3.64%), Vanguard Group Inc. (2.49%), Jennison Associates LLC (1.95%), Jennison Associates LLC (1.95%), Foundry Partners LLC (1.35%) and Northern Trust Corp (0.81%). Company insiders that own Independence Contract Drilling stock include Credit Opportunity Master Msd, James Minmier, Matthew D Fitzgerald, 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?

ICD stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Jennison Associates LLC, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc. and Vanguard Group Inc.. View Insider Buying and Selling for Independence Contract Drilling.

Which major investors are buying Independence Contract Drilling stock?

ICD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Municipal Employees Retirement System of Michigan, Renaissance Technologies LLC, Fort Washington Investment Advisors Inc. OH, JPMorgan Chase & Co., Foundry Partners LLC, Teton Advisors Inc. and B. Riley Financial Inc.. Company insiders that have bought Independence Contract Drilling stock in the last two years include Credit Opportunity Master Msd, James Minmier, 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, Robinhood, Fidelity and Charles Schwab.

What is Independence Contract Drilling's stock price today?

One share of ICD stock can currently be purchased for approximately $1.69.

How big of a company is Independence Contract Drilling?

Independence Contract Drilling has a market capitalization of $130.05 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. Independence Contract Drilling employs 900 workers across the globe.View Additional Information About Independence Contract Drilling.

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 239-301-1000 or via email at [email protected]


MarketBeat Community Rating for Independence Contract Drilling (NYSE ICD)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  475
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 9/21/2019 by MarketBeat.com Staff

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