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

$0.91
-0.01 (-1.09 %)
(As of 10/16/2019 04:11 AM ET)
Today's Range
$0.82
Now: $0.91
$0.97
50-Day Range
$0.81
MA: $1.21
$1.88
52-Week Range
$0.80
Now: $0.91
$4.56
Volume356,400 shs
Average Volume215,857 shs
Market Capitalization$70.02 million
P/E RatioN/A
Dividend YieldN/A
Beta2
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$0.34 per share
Book Value$5.17 per share

Profitability

Net Income$-19,990,000.00

Miscellaneous

Employees900
Market Cap$70.02 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) announced its quarterly earnings data on Thursday, August, 1st. The oil and gas company reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.03. The oil and gas company earned $52.88 million during the quarter, compared to the consensus estimate of $51.70 million. Independence Contract Drilling had a negative return on equity of 0.97% and a negative net margin of 13.58%. 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 guidance has Independence Contract Drilling issued on next quarter's earnings?

Independence Contract Drilling issued an update on its third quarter 2019 earnings guidance on Monday, October, 14th. The company provided EPS guidance of $-0.11--0.1 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.08.

What price target have analysts set for ICD?

4 brokerages have issued 12 month price objectives for Independence Contract Drilling's stock. Their predictions range from $2.00 to $5.00. On average, they expect Independence Contract Drilling's stock price to reach $3.00 in the next year. This suggests a possible upside of 229.7% 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Independence Contract Drilling.

Has Independence Contract Drilling been receiving favorable news coverage?

Media coverage about ICD stock has trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Independence Contract Drilling earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Independence Contract Drilling.

Are investors shorting Independence Contract Drilling?

Independence Contract Drilling saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,270,000 shares, an increase of 25.7% from the August 30th total of 1,010,000 shares. Based on an average daily trading volume, of 259,600 shares, the days-to-cover ratio is presently 4.9 days. Approximately 2.0% of the company's stock are short sold. View Independence Contract Drilling's Current Options Chain.

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

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

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 $0.91.

How big of a company is Independence Contract Drilling?

Independence Contract Drilling has a market capitalization of $70.02 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:  262 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  484
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 10/16/2019 by MarketBeat.com Staff

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