NYSE:ICD

Independence Contract Drilling Stock Forecast, Price & News

$4.75
+0.02 (+0.42 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$4.71
$5.18
50-Day Range
$3.10
$4.75
52-Week Range
$2.12
$7.97
Volume250,824 shs
Average Volume272,658 shs
Market Capitalization$30.96 million
P/E RatioN/A
Dividend YieldN/A
Beta6.9
30 days | 90 days | 365 days | Advanced Chart
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Independence Contract Drilling logo

About Independence Contract Drilling

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 accelerate its clients' production profiles and cash flows from their technically demanding and economically impactful oil and gas properties in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 29 rigs. The company was founded in 2011 and is headquartered in Houston, Texas.

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MarketRank

Overall MarketRank

0.67 out of 5 stars

Oils/Energy Sector

408th out of 686 stocks

Drilling Oil & Gas Wells Industry

15th out of 37 stocks

Analyst Opinion: 0.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
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Independence Contract Drilling (NYSE:ICD) Frequently Asked Questions

What stocks does MarketBeat like better than Independence Contract Drilling?

Wall Street analysts have given Independence Contract Drilling a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Independence Contract Drilling wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Independence Contract Drilling's next earnings date?

Independence Contract Drilling is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Independence Contract Drilling
.

How were Independence Contract Drilling's earnings last quarter?

Independence Contract Drilling, Inc. (NYSE:ICD) posted its earnings results on Tuesday, May, 4th. The oil and gas company reported ($2.64) earnings per share for the quarter, missing the Zacks' consensus estimate of ($2.63) by $0.01. The oil and gas company had revenue of $15.54 million for the quarter. Independence Contract Drilling had a negative trailing twelve-month return on equity of 22.11% and a negative net margin of 139.65%.
View Independence Contract Drilling's earnings history
.

How has Independence Contract Drilling's stock price been impacted by COVID-19?

Independence Contract Drilling's stock was trading at $0.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ICD shares have increased by 1,800.0% and is now trading at $4.75.
View which stocks have been most impacted by COVID-19
.

When did Independence Contract Drilling's stock split? How did Independence Contract Drilling's stock split work?

Shares of Independence Contract Drilling reverse split 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 closing bell on Wednesday, March 11th 2020. An investor that had 100 shares of Independence Contract Drilling stock prior to the reverse split would have 5 shares after the split.

Who are Independence Contract Drilling's key executives?

Independence Contract Drilling's management team includes the following people:
  • Mr. John Anthony Gallegos Jr., Pres, CEO & Director (Age 51, Pay $446.54k)
  • Mr. Philip A. Choyce, Exec. VP, CFO, Treasurer & Sec. (Age 54, Pay $308.64k)
  • Mr. Philip A. Dalrymple, Sr. VP of Operations (Age 42, Pay $260.2k)
  • Ms. Katherine Kokenes, VP & Chief Accounting Officer (Age 49)
  • Mr. Marc S. Noel, VP of Sales & Marketing
  • Mr. Scott A. Keller, Sr. VP of Bus. Devel. (Age 41)

What is Anthony Gallegos' approval rating as Independence Contract Drilling's CEO?

2 employees have rated Independence Contract Drilling CEO Anthony Gallegos on Glassdoor.com. Anthony Gallegos has an approval rating of 100% among Independence Contract Drilling's employees. This puts Anthony Gallegos in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Energy Transfer (ET), (OAS), Rosehill Resources (ROSE), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Abraxas Petroleum (AXAS), Denbury Resources (DNR), Genocea Biosciences (GNCA) and MEI Pharma (MEIP).

What is Independence Contract Drilling's stock symbol?

Independence Contract Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "ICD."

Who are Independence Contract Drilling's major shareholders?

Independence Contract Drilling's stock is owned by a number of institutional and retail investors. Top institutional shareholders include MSD Partners L.P. (7.92%), Morgan Stanley (3.01%), MSD Capital L P (1.88%), Acadian Asset Management LLC (1.09%), Squarepoint Ops LLC (0.49%) and Schonfeld Strategic Advisors LLC (0.34%). Company insiders that own Independence Contract Drilling stock include Credit Opportunity Master Msd, James Minmier, John A Jr Gallegos, Matthew D Fitzgerald, Msd Capital L P, Msd Partners, LP, Philip A Choyce, Thomas R Bates Jr and Travis Fitts.
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 MSD Partners L.P., MSD Capital L P, and Schonfeld Strategic Advisors LLC. Company insiders that have sold Independence Contract Drilling company stock in the last year include Credit Opportunity Master Msd, Msd Capital L P, and Msd Partners, LP.
View insider buying and selling activity for Independence Contract Drilling
or view top insider-selling stocks.

Which major investors are buying Independence Contract Drilling stock?

ICD stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Acadian Asset Management LLC, and Squarepoint Ops LLC. Company insiders that have bought Independence Contract Drilling stock in the last two years include James Minmier, John A Jr Gallegos, Philip A Choyce, Thomas R Bates Jr, and Travis Fitts.
View insider buying and selling activity for Independence Contract Drilling
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Independence Contract Drilling's stock price today?

One share of ICD stock can currently be purchased for approximately $4.75.

How much money does Independence Contract Drilling make?

Independence Contract Drilling has a market capitalization of $30.96 million and generates $83.42 million in revenue each year.

How many employees does Independence Contract Drilling have?

Independence Contract Drilling employs 300 workers across the globe.

What is Independence Contract Drilling's official website?

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

Where are Independence Contract Drilling's headquarters?

Independence Contract Drilling is headquartered at 20475 STATE HIGHWAY 249 SUITE 300, HOUSTON TX, 77070.

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]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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