ICDI.Q Stock Overview
Provides land-based contract drilling services for oil and natural gas producers in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Independence Contract Drilling, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.009 |
| 52 Week High | US$2.52 |
| 52 Week Low | US$0.005 |
| Beta | 4.91 |
| 1 Month Change | -89.02% |
| 3 Month Change | -95.91% |
| 1 Year Change | -99.63% |
| 3 Year Change | -99.70% |
| 5 Year Change | -99.96% |
| Change since IPO | -100.00% |
Recent News & Updates
Recent updates
Improved Revenues Required Before Independence Contract Drilling, Inc. (NYSE:ICD) Shares Find Their Feet
Jun 20
Does Independence Contract Drilling (NYSE:ICD) Have A Healthy Balance Sheet?
May 09Independence Contract Drilling's (NYSE:ICD) Returns On Capital Are Heading Higher
Feb 29We Think Independence Contract Drilling (NYSE:ICD) Is Taking Some Risk With Its Debt
Jan 10Independence Contract Drilling, Inc.'s (NYSE:ICD) Shares Lagging The Industry But So Is The Business
Nov 10Independence Contract Drilling (NYSE:ICD) Seems To Be Using A Lot Of Debt
Jun 14Independence Contract Drilling Navigates Through Operational Challenges
Jun 08Health Check: How Prudently Does Independence Contract Drilling (NYSE:ICD) Use Debt?
Feb 22Independence Contract Drilling: Repricing And Profit Growth Potential Are Alluring
Feb 03Independence Contract Drilling Non-GAAP EPS of -$0.35, revenue of $49.1M
Nov 01Is Independence Contract Drilling (NYSE:ICD) Using Debt In A Risky Way?
Oct 28Independence Contract Drilling: Rig Reactivation And Margin Expansion Will Drive It
Oct 06Independence Contract Drilling: Await The Repricing And Contract Renewals
Jul 13Independence Contract Drilling: Better Quality Rigs And Repricing Will Outdo Cash Flow Concerns
Apr 06Independence Contract Drilling: Improved Revenue And Margin Can Bail Out Cash Flow Crunch
Jan 14Shareholder Returns
| ICDI.Q | US Energy Services | US Market | |
|---|---|---|---|
| 7D | -19.6% | 2.1% | 0.6% |
| 1Y | -99.6% | -11.9% | 23.8% |
Return vs Industry: ICDI.Q underperformed the US Energy Services industry which returned -12.2% over the past year.
Return vs Market: ICDI.Q underperformed the US Market which returned 24.6% over the past year.
Price Volatility
| ICDI.Q volatility | |
|---|---|
| ICDI.Q Average Weekly Movement | 46.8% |
| Energy Services Industry Average Movement | 6.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ICDI.Q's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ICDI.Q's weekly volatility has increased from 26% to 47% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 450 | John Gallegos | www.icdrilling.com |
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.
Independence Contract Drilling, Inc. Fundamentals Summary
| ICDI.Q fundamental statistics | |
|---|---|
| Market cap | US$111.03k |
| Earnings (TTM) | -US$70.15m |
| Revenue (TTM) | US$173.79m |
0.0x
P/S Ratio0.0x
P/E RatioIs ICDI.Q overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ICDI.Q income statement (TTM) | |
|---|---|
| Revenue | US$173.79m |
| Cost of Revenue | US$123.50m |
| Gross Profit | US$50.29m |
| Other Expenses | US$120.44m |
| Earnings | -US$70.15m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -4.64 |
| Gross Margin | 28.94% |
| Net Profit Margin | -40.36% |
| Debt/Equity Ratio | 118.3% |
How did ICDI.Q perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:20 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Independence Contract Drilling, Inc. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Curran | B. Riley Securities, Inc. |
| Luke Lemoine | Capital One Securities, Inc. |
| Sonny Randhawa | D.A. Davidson & Co. |