Independence Contract Drilling, Inc. ICD
0.59 +0.59
Day range unavailable
52-week range unavailable
- Market cap
- 8.92M
- Revenue (ttm)
- 179.96M
- Profit margin
- -32.92%
- Shares out
- 15.22M
- Forward P/E
- -0.38
- Beta
- 4.96
- Analysts
- Buy
- Price target
- 3.00 (+412.1%)
- Earnings date
- Aug 7, 2024
2Y -2.5600 (-90.46%)
Key statistics
- Enterprise value
- 177.19M
- PEG ratio
- -0.03
- Price / sales
- 0.05
- Price / book
- 0.05
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -23.10%
- Free cash flow
- 6.69M
- Total cash
- 5.54M
- Total debt
- 174.22M
- Return on equity
- -31.99%
- Short % of float
- 4.69%
- 50-day average
- 0.936612
- 200-day average
- 1.64
Analyst view
Consensus: buy
Buy
Price target (mean) 3.00
Ratings (0m) 9 8 buy · 1 hold · 0 sell
- Strong buy1
- Buy7
- Hold1
- Sell0
- Strong sell0
Next earnings
Aug 7, 2024
Expected Aug 7, 2024. Consensus EPS estimate -0.59.
Financials — quick view
ICD Revenue — quarterly 43.33M
ICD Net income — quarterly -16.72M
ICD EPS — quarterly -1.15
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 7, 2024 | Jun 1, 2024 | -0.76 | — | — | — |
| May 1, 2024 | Mar 1, 2024 | -0.73 | — | — | — |
| Feb 28, 2024 | Dec 1, 2023 | -0.46 | — | — | — |
| Nov 1, 2023 | Sep 1, 2023 | -0.51 | — | — | — |
| Aug 3, 2023 | Jun 1, 2023 | -0.26 | — | — | — |
| May 9, 2023 | Mar 1, 2023 | 0.02 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 10, 2020 | Morgan Stanley | main | — | Equal-Weight |
| May 10, 2020 | B. Riley Securities | down | Buy | Neutral |
| Apr 7, 2020 | B. Riley Securities | main | — | Buy |
| Mar 3, 2020 | B. Riley Securities | main | — | Buy |
| Oct 6, 2019 | Morgan Stanley | main | — | Equal-Weight |
| Sep 24, 2019 | RBC Capital | down | Outperform | Sector Perform |
About Independence Contract Drilling, Inc.
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.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Country
- United States
- Website
- icdrilling.com
News
Earnings Scheduled For February 28, 2024 
Earnings Scheduled For November 1, 2023 
Earnings Scheduled For August 3, 2023 
Stocks That Hit 52-Week Lows On Tuesday - Earnings Scheduled For May 9, 2023
Earnings Scheduled For March 2, 2023 
Earnings Scheduled For March 1, 2023 - Earnings Scheduled For November 1, 2022
- Earnings Scheduled For August 4, 2022
- Earnings Scheduled For May 5, 2022
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BARRETT ROBERT J. IV | Director | Conversion of Exercise of derivative security | Jun 30, 2024 | 75,961 |
| CEBULA VINCENT J | Director | Conversion of Exercise of derivative security | Mar 17, 2024 | 77,502 |
| CHOYCE PHILIP A | Chief Financial Officer | Stock Award(Grant) | Feb 26, 2024 | 301,925 |
| DALRYMPLE PHILIP | Officer | Stock Award(Grant) | Feb 26, 2024 | 152,854 |
| GALLEGOS JOHN ANTHONY JR | Chief Executive Officer | Stock Award(Grant) | Feb 26, 2024 | 609,788 |
| KELLER SCOTT A. | Officer | Stock Award(Grant) | Feb 26, 2024 | 178,551 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Msd Partners, L.p. | 12.08% | 1,701,000 | 4.64M | Jun 29, 2023 |
| Glendon Capital Management, LP | 3.63% | 511,481 | 1.40M | Jun 29, 2023 |
| Fairfax Financial Holdings Ltd | 2.77% | 390,294 | 1.07M | Jun 29, 2023 |
| Tejara Capital Ltd | 2.56% | 360,915 | 985.30K | Jun 29, 2023 |
| Vanguard Group Inc | 2.27% | 319,634 | 872.60K | Jun 29, 2023 |
| Castleknight Management LP | 1.50% | 211,959 | 578.65K | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1.60% | 225,114 | 614.56K | Jun 29, 2023 |
| Vanguard Extended Market Index Fund | 0.64% | 90,120 | 246.03K | Jun 29, 2023 |
| Dimensional ETF Tr-Dimensional U.S. Targeted Value ETF | 0.43% | 59,958 | 189.47K | Jul 30, 2023 |
| Fidelity Extended Market Index Fund | 0.40% | 56,876 | 154.13K | May 30, 2023 |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | 0.39% | 55,000 | 150.15K | Jun 29, 2023 |
| Ancora MicroCap Fd | 0.24% | 33,121 | 90.42K | Jun 29, 2023 |