ICDI Stock Overview
Provides land-based contract drilling services for oil and natural gas producers in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Independence Contract Drilling, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.14 |
| 52 Week High | US$3.03 |
| 52 Week Low | US$0.14 |
| Beta | 4.86 |
| 11 Month Change | -59.56% |
| 3 Month Change | -88.04% |
| 1 Year Change | -95.34% |
| 33 Year Change | -96.10% |
| 5 Year Change | -99.15% |
| Change since IPO | -99.94% |
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 14Independence Contract Drilling reports Q1 results
May 04Independence Contract Drilling EPS beats by $0.48, beats on revenue
Nov 03Shareholder Returns
| ICDI | US Energy Services | US Market | |
|---|---|---|---|
| 7D | -37.5% | 6.7% | 0.4% |
| 1Y | -95.3% | -6.9% | 32.6% |
Return vs Industry: ICDI underperformed the US Energy Services industry which returned -6.9% over the past year.
Return vs Market: ICDI underperformed the US Market which returned 32.6% over the past year.
Price Volatility
| ICDI volatility | |
|---|---|
| ICDI Average Weekly Movement | 22.5% |
| Energy Services Industry Average Movement | 6.5% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ICDI's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ICDI's weekly volatility has increased from 13% to 22% 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 fundamental statistics | |
|---|---|
| Market cap | US$2.00m |
| Earnings (TTM) | -US$59.25m |
| Revenue (TTM) | US$179.96m |
0.0x
P/S Ratio0.0x
P/E RatioIs ICDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ICDI income statement (TTM) | |
|---|---|
| Revenue | US$179.96m |
| Cost of Revenue | US$121.32m |
| Gross Profit | US$58.64m |
| Other Expenses | US$117.89m |
| Earnings | -US$59.25m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -4.08 |
| Gross Margin | 32.59% |
| Net Profit Margin | -32.93% |
| Debt/Equity Ratio | 107.2% |
How did ICDI perform over the long term?
See historical performance and comparison