Independence Contract Drilling Inc
Change company Symbol lookup
Select an option...
ICD Independence Contract Drilling Inc
FHN First Horizon Corp (Tennessee)
SMBK SmartFinancial Inc
STAF Staffing 360 Solutions Inc
TEL TE Connectivity Ltd
BOKF BOK Financial Corp
PRAA PRA Group Inc
XEL Xcel Energy Inc
XEC Cimarex Energy Co
XCUR Exicure Inc
Go

Energy : Energy Equipment & Services | Small Cap Value
Company profile

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States. The Company constructs, owns and operates a fleet consisting of ShaleDriller rigs that are specifically engineered and designed to optimize the development of its customers' oil and gas properties. Its rigs operate in the Permian Basin and the Haynesville Shale. As of December 31, 2016, the Company standardized fleet consisted of 14 ShaleDriller rigs, of which 13 were 200 series rigs equipped with its integrated omni-directional walking system that is specifically designed to optimize pad drilling for its customers. Every ShaleDriller rig in its fleet is a 1500-horsepower (hp), alternating current (AC) programmable rig (AC rig) designed to be fast-moving between drilling sites and is equipped with top drives, automated tubular handling systems and blowout preventer (BOP) handling systems.

Price
Delayed
$3.10
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
3.14
Day's Low
3.06
Volume
(Light)

Today's volume of 6,565 shares is on pace to be much lighter than ICD's 10-day average volume of 104,912 shares.

6,565

Company Profile

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States. The Company constructs, owns and operates a fleet consisting of ShaleDriller rigs that are specifically engineered and designed to optimize the development of its customers' oil and gas properties. Its rigs operate in the Permian Basin and the Haynesville Shale. As of December 31, 2016, the Company standardized fleet consisted of 14 ShaleDriller rigs, of which 13 were 200 series rigs equipped with its integrated omni-directional walking system that is specifically designed to optimize pad drilling for its customers. Every ShaleDriller rig in its fleet is a 1500-horsepower (hp), alternating current (AC) programmable rig (AC rig) designed to be fast-moving between drilling sites and is equipped with top drives, automated tubular handling systems and blowout preventer (BOP) handling systems.

Valuation Ratios

Price/Earnings (TTM)
--
Price/Sales (TTM)
0.24x
Price/Book (MRQ)
0.08x
Price/Cash Flow (TTM)
--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

Annual growth, past 5 years
EPS
Revenue
Dividend No Regular Dividend is paid
 

Short Interest

March 2021
Current Month
163.5K
Previous Month
80.8K
Percent of Float
2.72%
Days to Cover
0.7139 Days

Share Information

ICD is in a share class of common stock
Float
6.0M
Shares Outstanding
6.2M
Institutions Holding Shares
27
19.18%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in thousands.

Cash flow

Values displayed are in thousands.

Company Officers

  • J. Anthony GallegosPres.
  • Philip A. ChoyceCFO
  • Philip A. DalrympleSr.VP
  • Scott A. KellerSr.VP
  • Katherine KokenesCAO

Address

Insider Trading

During the most recent quarter, 533K shares were sold in insider trading.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Insider trading information report provided by Copyright © 2021. All rights reserved.

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Reuters, Reuters Logo and the Sphere Logo are trademarks and registered trademarks of the Reuters Group of companies around the world.

Data is provided for information purposes only and is not intended for trading purposes. Reuters shall not be liable for any errors or delay in the content, or for any action taken in reliance on any content. The RIC or Reuters Instrument Code set has been developed and maintained by Reuters and is the intellectual property of Reuters.