Independence Contract Drilling, Inc.

NYSE:ICD Stock Report

Market Cap: US$28.1m

Independence Contract Drilling Future Growth

Future criteria checks 0/6

Independence Contract Drilling is forecast to grow earnings and revenue by 22.7% and 6.8% per annum respectively while EPS is expected to grow by 24.1% per annum.

Key information

22.7%

Earnings growth rate

24.1%

EPS growth rate

Energy Services earnings growth19.9%
Revenue growth rate6.8%
Future return on equityn/a
Analyst coverage

Low

Last updated02 May 2024

Recent future growth updates

Recent updates

Independence Contract Drilling's (NYSE:ICD) Returns On Capital Are Heading Higher

Feb 29
Independence Contract Drilling's (NYSE:ICD) Returns On Capital Are Heading Higher

We Think Independence Contract Drilling (NYSE:ICD) Is Taking Some Risk With Its Debt

Jan 10
We Think Independence Contract Drilling (NYSE:ICD) Is Taking Some Risk With Its Debt

Independence Contract Drilling, Inc.'s (NYSE:ICD) Shares Lagging The Industry But So Is The Business

Nov 10
Independence Contract Drilling, Inc.'s (NYSE:ICD) Shares Lagging The Industry But So Is The Business

Independence Contract Drilling (NYSE:ICD) Seems To Be Using A Lot Of Debt

Jun 14
Independence Contract Drilling (NYSE:ICD) Seems To Be Using A Lot Of Debt

Independence Contract Drilling Navigates Through Operational Challenges

Jun 08

Health Check: How Prudently Does Independence Contract Drilling (NYSE:ICD) Use Debt?

Feb 22
Health Check: How Prudently Does Independence Contract Drilling (NYSE:ICD) Use Debt?

Independence Contract Drilling: Repricing And Profit Growth Potential Are Alluring

Feb 03

Independence Contract Drilling Non-GAAP EPS of -$0.35, revenue of $49.1M

Nov 01

Is Independence Contract Drilling (NYSE:ICD) Using Debt In A Risky Way?

Oct 28
Is Independence Contract Drilling (NYSE:ICD) Using Debt In A Risky Way?

Independence Contract Drilling: Rig Reactivation And Margin Expansion Will Drive It

Oct 06

Independence Contract Drilling: Await The Repricing And Contract Renewals

Jul 13

Independence Contract Drilling: Better Quality Rigs And Repricing Will Outdo Cash Flow Concerns

Apr 06

Independence Contract Drilling: Improved Revenue And Margin Can Bail Out Cash Flow Crunch

Jan 14

Independence Contract Drilling reports Q1 results

May 04

Independence Contract Drilling EPS beats by $0.48, beats on revenue

Nov 03

Earnings and Revenue Growth Forecasts

NYSE:ICD - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2025215-3121432
12/31/2024176-4718391
3/31/2024193-472758N/A
12/31/2023210-382061N/A
9/30/2023225-81168N/A
6/30/2023230-8-161N/A
3/31/2023215-7-1244N/A
12/31/2022187-65-1429N/A
9/30/2022155-100-1712N/A
6/30/2022130-97-26-2N/A
3/31/2022107-109-26-5N/A
12/31/202188-67-26-10N/A
9/30/202173-78-26-15N/A
6/30/202159-89-20-14N/A
3/31/202160-84-16-9N/A
12/31/202083-97-140N/A
9/30/2020115-89-88N/A
6/30/2020150-84-1017N/A
3/31/2020182-87-1323N/A
12/31/2019204-61-1028N/A
9/30/2019221-34-1137N/A
6/30/2019204-28-1533N/A
3/31/2019177-18-2022N/A
12/31/2018143-20-2116N/A
9/30/2018105-17-209N/A
6/30/2018100-19-216N/A
3/31/201895-22-218N/A
12/31/201790-24N/A5N/A
9/30/201783-29N/A3N/A
6/30/201774-30N/A4N/A
3/31/201768-28N/A8N/A
12/31/201670-22N/A17N/A
9/30/201676-17N/A23N/A
6/30/201683-13N/A25N/A
3/31/201689-10N/A29N/A
12/31/201588-8N/A27N/A
9/30/201588-27N/A15N/A
6/30/201586-25N/A18N/A
3/31/201579-23N/A14N/A
12/31/201470-28N/A4N/A
9/30/201460-4N/A16N/A
6/30/201453-2N/A9N/A
3/31/201448-4N/A0N/A
12/31/201343-2N/A6N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICD is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ICD is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ICD is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ICD's revenue (6.8% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: ICD's revenue (6.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ICD's Return on Equity is forecast to be high in 3 years time

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