Independence Contract Drilling (ICD) Competitors

$1.92
+0.01 (+0.52%)
(As of 04/23/2024 ET)

ICD vs. BRN, USEG, MXC, SDPI, NCNC, WAVE, LTBR, HUSA, EPOW, and NCSM

Should you be buying Independence Contract Drilling stock or one of its competitors? The main competitors of Independence Contract Drilling include Barnwell Industries (BRN), U.S. Energy (USEG), Mexco Energy (MXC), Superior Drilling Products (SDPI), noco-noco (NCNC), Eco Wave Power Global AB (publ) (WAVE), Lightbridge (LTBR), Houston American Energy (HUSA), Sunrise New Energy (EPOW), and NCS Multistage (NCSM). These companies are all part of the "oils/energy" sector.

Independence Contract Drilling vs.

Barnwell Industries (NYSE:BRN) and Independence Contract Drilling (NYSE:ICD) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their media sentiment, valuation, community ranking, analyst recommendations, profitability, risk, earnings, dividends and institutional ownership.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Barnwell Industries
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Independence Contract Drilling
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Barnwell Industries has a net margin of -11.35% compared to Barnwell Industries' net margin of -17.94%. Barnwell Industries' return on equity of -6.12% beat Independence Contract Drilling's return on equity.

Company Net Margins Return on Equity Return on Assets
Barnwell Industries-11.35% -14.70% -7.70%
Independence Contract Drilling -17.94%-6.12%-3.02%

Barnwell Industries has higher earnings, but lower revenue than Independence Contract Drilling. Barnwell Industries is trading at a lower price-to-earnings ratio than Independence Contract Drilling, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Barnwell Industries$25.27M1.11-$960K-$0.27-10.37
Independence Contract Drilling$210.11M0.14-$37.70M-$2.68-0.72

Barnwell Industries has a beta of 0.19, meaning that its stock price is 81% less volatile than the S&P 500. Comparatively, Independence Contract Drilling has a beta of 4.92, meaning that its stock price is 392% more volatile than the S&P 500.

Independence Contract Drilling received 304 more outperform votes than Barnwell Industries when rated by MarketBeat users. Likewise, 66.67% of users gave Independence Contract Drilling an outperform vote while only 0.00% of users gave Barnwell Industries an outperform vote.

CompanyUnderperformOutperform
Barnwell IndustriesOutperform Votes
No Votes
Underperform Votes
43
100.00%
Independence Contract DrillingOutperform Votes
304
66.67%
Underperform Votes
152
33.33%

40.7% of Barnwell Industries shares are owned by institutional investors. Comparatively, 29.4% of Independence Contract Drilling shares are owned by institutional investors. 17.6% of Barnwell Industries shares are owned by company insiders. Comparatively, 3.8% of Independence Contract Drilling shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Barnwell Industries had 7 more articles in the media than Independence Contract Drilling. MarketBeat recorded 9 mentions for Barnwell Industries and 2 mentions for Independence Contract Drilling. Independence Contract Drilling's average media sentiment score of 0.95 beat Barnwell Industries' score of 0.00 indicating that Barnwell Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Barnwell Industries
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independence Contract Drilling
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Barnwell Industries beats Independence Contract Drilling on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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ICD vs. The Competition

MetricIndependence Contract DrillingDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$29.32M$1.18B$8.13B$17.45B
Dividend YieldN/A3.44%11.51%3.59%
P/E Ratio-0.727.2019.9725.24
Price / Sales0.142.6147.3510.31
Price / Cash0.688.4011.3114.95
Price / Book0.150.783.485.01
Net Income-$37.70M-$199.48M$989.62M$963.51M
7 Day Performance0.52%1.37%0.63%2.05%
1 Month Performance12.94%2.81%2.56%-1.85%
1 Year Performance-37.66%-6.73%4.92%96.07%

Independence Contract Drilling Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BRN
Barnwell Industries
0 of 5 stars
$2.73
flat
N/A+3.3%$27.46M$25.27M-10.1136News Coverage
High Trading Volume
USEG
U.S. Energy
0 of 5 stars
$1.28
-7.2%
N/A-3.9%$32.42M$32.32M-1.0039Gap Up
High Trading Volume
MXC
Mexco Energy
0 of 5 stars
$15.70
-4.2%
N/A+4.8%$32.97M$9.56M17.443High Trading Volume
SDPI
Superior Drilling Products
0 of 5 stars
$1.11
+1.8%
N/A+22.8%$33.73M$20.97M4.6375News Coverage
NCNC
noco-noco
0 of 5 stars
$0.26
+13.1%
N/AN/A$35.12MN/A0.0012Positive News
WAVE
Eco Wave Power Global AB (publ)
0 of 5 stars
$3.99
+1.0%
N/A+23.9%$22.14M$310,000.00-11.4012Gap Down
LTBR
Lightbridge
0 of 5 stars
$2.60
-2.6%
N/A-34.9%$36.89MN/A-4.066Positive News
HUSA
Houston American Energy
0 of 5 stars
$1.93
-16.5%
N/AN/A$21.06M$790,000.00-6.432Gap Down
High Trading Volume
EPOW
Sunrise New Energy
0 of 5 stars
$0.82
-1.2%
N/A-66.3%$20.74M$38.13M0.0048Gap Down
NCSM
NCS Multistage
0 of 5 stars
$16.06
-3.7%
N/A-24.8%$39.99M$142.47M-10.36241News Coverage

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This page (NYSE:ICD) was last updated on 4/24/2024 by MarketBeat.com Staff

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