ICD vs. AMNI, VAL, RIG, PTEN, HP, HPK, BORR, PDS, NBR, and PFIE
Should you be buying Independence Contract Drilling stock or one of its competitors? The main competitors of Independence Contract Drilling include American Noble Gas (AMNI), Valaris (VAL), Transocean (RIG), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), Nabors Industries (NBR), and Profire Energy (PFIE). These companies are all part of the "oils/energy" sector.
Independence Contract Drilling (NYSE:ICD) and American Noble Gas (NYSE:AMNI) are both small-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, community ranking, dividends, earnings, risk, analyst recommendations, valuation and institutional ownership.
American Noble Gas has a net margin of 0.00% compared to Independence Contract Drilling's net margin of -24.20%. American Noble Gas' return on equity of 0.00% beat Independence Contract Drilling's return on equity.
29.4% of Independence Contract Drilling shares are held by institutional investors. 3.8% of Independence Contract Drilling shares are held by company insiders. Comparatively, 37.9% of American Noble Gas shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Independence Contract Drilling received 304 more outperform votes than American Noble Gas when rated by MarketBeat users.
American Noble Gas has lower revenue, but higher earnings than Independence Contract Drilling. Independence Contract Drilling is trading at a lower price-to-earnings ratio than American Noble Gas, indicating that it is currently the more affordable of the two stocks.
In the previous week, Independence Contract Drilling had 5 more articles in the media than American Noble Gas. MarketBeat recorded 5 mentions for Independence Contract Drilling and 0 mentions for American Noble Gas. American Noble Gas' average media sentiment score of 0.00 beat Independence Contract Drilling's score of -0.67 indicating that American Noble Gas is being referred to more favorably in the news media.
Independence Contract Drilling has a beta of 4.93, suggesting that its stock price is 393% more volatile than the S&P 500. Comparatively, American Noble Gas has a beta of 0.79, suggesting that its stock price is 21% less volatile than the S&P 500.
Summary
American Noble Gas beats Independence Contract Drilling on 9 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ICD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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