How have ICD shares performed in 2024?

Independence Contract Drilling's stock was trading at $2.45 at the start of the year. Since then, ICD stock has decreased by 22.0% and is now trading at $1.91. 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 Tuesday, May 14th 2024. View our ICD earnings forecast .

How were Independence Contract Drilling's earnings last quarter?

Independence Contract Drilling, Inc. (NYSE:ICD) issued its quarterly earnings data on Wednesday, February, 28th. The oil and gas company reported ($0.61) earnings per share 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 analyst estimates of $43.89 million. Independence Contract Drilling had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 6.12%.

When did Independence Contract Drilling's stock split?

Independence Contract Drilling's stock reverse split on the morning of 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 many different 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 .

NYSE:ICD

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

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$1.91

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.91
▼
$1.97
50-Day Range: $1.63
▼
$2.00
52-Week Range: $1.61
▼
$3.45

Volume: 31,747 shs
Average Volume: 66,298 shs
Market Capitalization: $29.17 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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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

30 days | 90 days | 365 days | Advanced Chart

ICD Stock News Headlines

April 17, 2024 | americanbankingnews.com

Independence Contract Drilling (NYSE:ICD) Stock Passes Below 200-Day Moving Average of $2.24

March 23, 2024 | morningstar.com

Independence Contract Drilling Inc ICD

April 20, 2024 | Crypto 101 Media (Ad)

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March 21, 2024 | finance.yahoo.com

INDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO. AS FINANCIAL ADVISOR TO STRATEGIC ALTERNATIVES COMMITTEE

March 21, 2024 | prnewswire.com

INDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO.

March 16, 2024 | finance.yahoo.com

ICD Apr 2024 2.000 put

March 1, 2024 | seekingalpha.com

Independence Contract Drilling, Inc. (ICD) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Independence Contract Drilling, Inc. (NYSE:ICD) Q4 2023 Earnings Call Transcript

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

February 29, 2024 | finance.yahoo.com

Q4 2023 Independence Contract Drilling Inc Earnings Call

February 28, 2024 | markets.businessinsider.com

Independence Contract Drilling, Inc. Q4 Earnings Summary

February 28, 2024 | msn.com

Independence Contract Drilling Non-GAAP EPS of -$0.61 misses by $0.15, revenue of $45.83M beats by $1.38M

February 28, 2024 | prnewswire.com

Independence Contract Drilling, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023

February 27, 2024 | msn.com

Independence Contract Drilling Q4 2023 Earnings Preview

February 20, 2024 | finance.yahoo.com

Independence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference Call

February 20, 2024 | prnewswire.com

Independence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference Call

February 14, 2024 | wsj.com

Independence Contract Drilling Inc.

January 30, 2024 | investing.com

Independence Contract Drilling Inc (ICD)

December 7, 2023 | finance.yahoo.com

Independence Contract Drilling (NYSE:ICD) Is Doing The Right Things To Multiply Its Share Price

November 10, 2023 | finance.yahoo.com

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 2023

November 3, 2023 | finance.yahoo.com

Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q3 2023

November 2, 2023 | msn.com

Independence Contract Drilling Non-GAAP EPS of -$0.37 beats by $0.05, revenue of $44.16M misses by $0.95M

November 2, 2023 | finance.yahoo.com

Independence Contract Drilling, Inc. (NYSE:ICD) Q3 2023 Earnings Call Transcript

November 2, 2023 | finance.yahoo.com

Q3 2023 Independence Contract Drilling Inc Earnings Call

November 1, 2023 | finance.yahoo.com

Independence Contract Drilling Inc (ICD) Reports Q3 2023 Financial Results

October 31, 2023 | benzinga.com

Preview: Independence Contract's Earnings

October 30, 2023 | finance.yahoo.com

Independence Contract Drilling to Present at the Emerging Growth Conference on November 2, 2023

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Drilling oil & gas wells
Sub-Industry: N/A
Current Symbol: NYSE:ICD
CUSIP: N/A
CIK: 1537028
Web: www.icdrilling.com
Phone: (281) 598-1230
Fax: 832-645-0302
Employees: 450
Year Founded: 2011

Profitability

EPS (Most Recent Fiscal Year): ($2.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-37,700,000.00
Net Margins: -17.94%
Pretax Margin: -18.88%
Return on Equity: -6.12%
Return on Assets: -3.02%

Debt

Debt-to-Equity Ratio: 0.85
Current Ratio: 1.07
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: $210.11 million
Price / Sales: 0.14
Cash Flow: $2.85 per share
Price / Cash Flow: 0.67
Book Value: $12.89 per share
Price / Book: 0.15

Miscellaneous

Outstanding Shares: 15,270,000
Free Float: 14,687,000
Market Cap: $29.17 million
Optionable: Optionable
Beta: 4.91

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Key Executives

Mr. John Anthony Gallegos Jr. (Age 54)
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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 start of the year. Since then, ICD stock has decreased by 22.0% and is now trading at $1.91.
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 Tuesday, May 14th 2024.
View our ICD earnings forecast.
How were Independence Contract Drilling's earnings last quarter?: Independence Contract Drilling, Inc. (NYSE:ICD) issued its quarterly earnings data on Wednesday, February, 28th. The oil and gas company reported ($0.61) earnings per share 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 analyst estimates of $43.89 million. Independence Contract Drilling had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 6.12%.
When did Independence Contract Drilling's stock split?: Independence Contract Drilling's stock reverse split on the morning of 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 many different 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 4/20/2024 by MarketBeat.com Staff

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