NYSE:ICD

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

$1.85
-0.02 (-1.07%)
(As of 04:00 PM ET)
Today's Range
$1.81
$1.88
50-Day Range
$1.63
$2.00
52-Week Range
$1.61
$3.45
Volume
55,956 shs
Average Volume
62,254 shs
Market Capitalization
$28.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Independence Contract Drilling MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
4.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.29mentions of Independence Contract Drilling in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.59) to ($1.42) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.26 out of 5 stars

Oils/Energy Sector

232nd out of 234 stocks

Drilling Oil & Gas Wells Industry

13th out of 13 stocks

ICD stock logo

About Independence Contract Drilling Stock (NYSE:ICD)

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. It operates a fleet of pad-optimal and superspec AC powered rigs in the Permian Basin and the Haynesville Shale. The company was incorporated in 2011 and is headquartered in Houston, Texas.

ICD Stock Price History

ICD Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Independence Contract Drilling Inc ICD
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
ICD Apr 2024 2.000 put
Q4 2023 Independence Contract Drilling Inc Earnings Call
Independence Contract Drilling, Inc. Q4 Earnings Summary
Independence Contract Drilling Inc.
Independence Contract Drilling Inc (ICD)
Q3 2023 Independence Contract Drilling Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
5/01/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
450
Year Founded
2011

Profitability

Net Income
$-37,700,000.00
Pretax Margin
-18.88%

Debt

Sales & Book Value

Annual Sales
$210.11 million
Cash Flow
$2.79 per share
Book Value
$12.89 per share

Miscellaneous

Free Float
14,687,000
Market Cap
$28.10 million
Optionable
Optionable
Beta
4.91

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Key Executives

  • Mr. John Anthony Gallegos Jr. (Age 53)
    President, CEO & Director
    Comp: $1.27M
  • Mr. Philip A. Choyce (Age 57)
    Executive VP, CFO, Treasurer & Secretary
    Comp: $901.7k
  • Mr. Scott A. Keller (Age 43)
    Senior Vice President of Business Development
    Comp: $620.99k
  • Mr. Philip A. Dalrymple (Age 45)
    Senior Vice President of Operations
    Comp: $260.2k
  • Ms. Katherine Kokenes (Age 51)
    VP & Chief Accounting Officer
  • Mr. Marc S. Noel
    Vice President of Sales & Marketing

ICD Stock Analysis - Frequently Asked Questions

How have ICD shares performed in 2024?

Independence Contract Drilling's stock was trading at $2.45 at the beginning of 2024. Since then, ICD shares have decreased by 24.5% and is now trading at $1.85.
View the best growth stocks for 2024 here
.

When is Independence Contract Drilling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our ICD earnings forecast
.

How were Independence Contract Drilling's earnings last quarter?

Independence Contract Drilling, Inc. (NYSE:ICD) released its quarterly earnings results on Wednesday, February, 28th. The oil and gas company reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.46) by $0.15. The oil and gas company earned $45.83 million during the quarter, compared to the consensus estimate of $43.89 million. Independence Contract Drilling had a negative trailing twelve-month return on equity of 6.12% and a negative net margin of 17.94%.

When did Independence Contract Drilling's stock split?

Shares of Independence Contract Drilling reverse split before market open 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 stock prior to the reverse split would have 5 shares after the split.

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

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

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

Who are Independence Contract Drilling's major shareholders?

Independence Contract Drilling's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include E&G Advisors LP (0.22%). Insiders that own company stock include Daniel F Mcnease, James Minmier, Msd Capital L P, Msd Partners, LP and William Monroe.
View institutional ownership trends
.

How do I buy shares of Independence Contract Drilling?

Shares of ICD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ICD) was last updated on 5/1/2024 by MarketBeat.com Staff

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