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Energy : Energy Equipment & Services | Small Cap Value

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States. It owns and operates a fleet comprised of drilling rigs. It focuses its operations on unconventional resource plays located in geographic regions in Houston, Texas and Midland, Texas. Its business depends on the level of exploration and production activity by oil and natural gas companies operating in the United States, and in particular, the regions where it markets its contract drilling services. Its rig fleet includes approximately 29 alternating current (AC) powered rigs, of which approximately 24 are included in its marketed fleet. Its rigs are operating in the Permian Basin, the Haynesville Shale and the Eagle Ford Shale.

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Last Trade: Delayed
$4.34

Change Since Close Change Since Close Postmarket extended hours change is based on the last price at the end of the regular hours period. Premarket extended hours change is based on the day's regular session close.: -0.22 (-4.82%)

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Closing Price: $4.56

Day's Change: -0.25 (-5.20%)

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Day's High: 5.14

Day's Low: 4.20

Volume (Average) Volume: 779,960 10-day average volume: 842,089: 779,960

September 20, 2021
6:45 am ET	Independence Contract Drilling, Inc. Announces Continued Dayrate Progression and Progress on Rig Reactivation Plans Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today announced that it has signed a drilling contract for the reactivation of its 16th rig which will work in the Permian Basin, with a scheduled start date in mid-October...(PR Newswire)

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