Independence Contract Drilling Inc
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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. 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.

Day's Change
-0.23 (-4.78%)
B/A Size
Day's High
Day's Low

Today's volume of 705,666 shares is on pace to be in-line with ICD's 10-day average volume of 842,089 shares.

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