ICD Stock Price, Independence Contract Drilling Quote, Chart

Market Summary

USD1.94+0.09

Market Closed

4.86%

ICD Stock Price

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ICD RSI Chart

ICD Valuation

Market Cap

29.6M

Price/Earnings (Trailing)

-0.79

Price/Sales (Trailing)

0.14

EV/EBITDA

46.14

Price/Free Cashflow

1.45

ICD Price/Sales (Trailing)

ICD Profitability

EBT Margin

-18.88%

Return on Equity

-20.76%

Return on Assets

-9.55%

Free Cashflow Yield

68.77%

ICD Fundamentals

ICD Revenue

Revenue (TTM)

210.1M

Rev. Growth (Yr)

-23.94%

Rev. Growth (Qtr)

3.77%

ICD Earnings

Earnings (TTM)

-37.7M

Earnings Growth (Yr)

-849.91%

Earnings Growth (Qtr)

-241.54%

Breaking Down ICD Revenue

Last 7 days

1.6%

Last 30 days

-1.0%

Last 90 days

-5.8%

Trailing 12 Months

-38.0%

How does ICD drawdown profile look like?

ICD Financial Health

Current Ratio

1.07

Debt/Equity

0.85

Debt/Cashflow

0.39

ICD Investor Care

Shares Dilution (1Y)

11.92%

Diluted EPS (TTM)

-2.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	215.5M	229.5M	224.5M	210.1M
2022	107.4M	129.9M	155.0M	186.7M
2021	60.5M	58.9M	72.7M	88.0M
2020	181.7M	150.2M	115.4M	83.4M
2019	257.2M	284.3M	300.9M	203.6M
2018	95.4M	99.9M	104.9M	222.4M
2017	67.8M	74.0M	83.0M	90.0M
2016	88.6M	82.6M	75.8M	70.1M
2015	79.1M	85.5M	87.7M	88.4M
2014	48.1M	53.0M	60.5M	70.3M
2013	22.0M	29.0M	35.9M	42.8M
2012	0	0	0	15.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Independence Contract Drilling Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	cebula vincent j	acquired	-	-	5,501	-
Feb 27, 2024	nieuwoudt stacy durbin	acquired	-	-	33,334	-
Feb 27, 2024	kokenes kathrine	acquired	-	-	26,125	vp & chief accounting officer
Feb 27, 2024	choyce philip a	acquired	-	-	141,525	executive vp & cfo
Feb 27, 2024	dalrymple philip	acquired	-	-	67,167	sr vice president - operations
Feb 27, 2024	cebula vincent j	acquired	-	-	33,334	-
Feb 27, 2024	barrett robert j. iv	acquired	-	-	33,334	-
Feb 27, 2024	gallegos john a. jr.	acquired	-	-	192,500	president & ceo
Feb 27, 2024	keller scott a.	acquired	-	-	61,334	svp - sales and marketing
Feb 27, 2024	minmier james	acquired	-	-	33,334	-

Which funds bought or sold ICD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	E&G Advisors, LP	reduced	-37.77	-70,619	63,242	0.02%
Mar 11, 2024	VANGUARD GROUP INC	added	1.3	-195,610	936,836	-%
Feb 15, 2024	BARCLAYS PLC	unchanged	-	-1,000	4,000	-%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-38.52	-100,097	100,945	-%
Feb 14, 2024	Royal Bank of Canada	added	122	-	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-40,909	182,231	-%
Feb 14, 2024	TWO SIGMA INVESTMENTS, LP	sold off	-100	-30,000	-	-%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-103,596	-	-%
Feb 14, 2024	Ancora Advisors LLC	reduced	-0.3	-59,904	262,500	0.01%

Are Funds Buying or Selling ICD?

Are funds buying ICD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ICD

No. of Funds

Unveiling Independence Contract Drilling Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 07, 2024	adage capital partners gp, l.l.c.	0%	0	SC 13G/A
Aug 25, 2023	karlin asset management, inc.	9.8%	1,373,297	SC 13G
Aug 18, 2023	glendon capital management lp	9.9%	1,547,614	SC 13D/A
Apr 19, 2023	glendon capital management lp	9.9%	1,442,669	SC 13D/A
Feb 14, 2023	msd partners, l.p.	19.9%	2,960,406	SC 13D/A
Jan 03, 2023	monroe william	3.9%	534,259	SC 13G
Dec 29, 2022	adage capital partners gp, l.l.c.	5.22%	710,757	SC 13G
Dec 22, 2022	msd partners, l.p.	19.9%	2,960,406	SC 13D/A
Dec 22, 2022	msd partners, l.p.	19.5%	2,822,336	SC 13D/A
Oct 21, 2022	monroe william	11.1%	1,514,759	SC 13D/A

Recent SEC filings of Independence Contract Drilling Inc

View All Filings

Date Filed	Form Type	Document
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4/A	Insider Trading
Mar 19, 2024	4/A	Insider Trading
Mar 19, 2024	4/A	Insider Trading
Mar 08, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading

Peers (Alternatives to Independence Contract Drilling Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	481.7B	344.6B	6.68%	5.15%	13.38	1.4	-16.70%	-35.40%
CVX	307.0B	200.9B	6.47%	-0.40%	14.37	1.53	-18.40%	-39.75%
OXY	59.7B	28.9B	7.17%	12.61%	12.71	2.06	-22.04%	-64.70%
MRO	16.0B	6.6B	1.06%	19.06%	10.3	2.41	-17.41%	-56.98%
CHK	12.0B	8.7B	6.70%	15.30%	4.95	1.37	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.2B	13.81%	52.20%	17.6	3.86	-62.59%	-77.29%
HP	4.1B	2.7B	-2.20%	16.78%	11.74	1.51	2.93%	8.77%
CNX	3.7B	2.5B	4.36%	58.75%	3.61	1.44	-6.59%	-31.79%
KOS	2.8B	1.7B	3.18%	-4.89%	12.9	1.62	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	288.1M	307.6M	16.24%	7.35%	0.73	0.94	-32.91%	578.62%
AMTX	170.9M	186.7M	-30.26%	98.51%	-3.68	0.92	-27.21%	56.92%
BATL	88.5M	220.8M	-5.28%	-22.03%	-29.05	0.4	-38.52%	-116.44%
AE	76.4M	2.7B	11.72%	-18.50%	360.18	0.03	-18.46%	-93.92%
BRN	29.2M	23.9M	23.31%	7.78%	-10.75	1.22	-21.86%	-149.09%

Independence Contract Drilling Inc News

Latest updates

Independence Contract Drilling Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.8%	46.00	44.00	56.00	64.00	60.00	49.00	42.00	35.00	29.00	24.00	20.00	16.00	13.00	10.00	21.00	38.00	45.00	45.00	53.00	60.00	143
Costs and Expenses	45.1%	63.00	43.00	52.00	55.00	55.00	49.00	43.00	42.00	38.00	35.00	31.00	28.00	53.00	22.00	28.00	63.00	78.00	52.00	59.00	62.00	67.00
S&GA Expenses	-17.2%	6.00	7.00	5.00	7.00	8.00	7.00	5.00	5.00	4.00	4.00	4.00	4.00	3.00	3.00	4.00	4.00	5.00	4.00	3.00	5.00	5.00
EBITDA Margin	-85.8%	0.02*	0.13*	0.13*	0.14*	-0.14*	-0.32*	-0.36*	-0.57*	-0.19*	-0.64*	-1.07*	-1.00*	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	1.00	1.00	0.00	-	0.00	0.00	4.00	-	3.00	0.00	3.00	-14.36	-3.55	-3.65	-3.60	-3.50	-3.56	-3.59	-3.76	-4.51
Income Taxes	-10.4%	-0.93	-0.84	-0.20	0.00	-6.98	-0.70	2.00	-0.72	18.00	0.00	0.00	0.00	-0.06	-0.03	-0.01	-0.04	-0.71	0.00	3.00	-2.54	1.00
Earnings Before Taxes	-218.4%	-26.88	-8.44	-4.36	0.00	-3.52	-7.89	-0.59	-59.52	-13.04	-4.28	-14.87	-15.99	-43.16	-15.23	-10.13	-28.26	-35.72	-10.31	-9.96	-4.91	-8.39
EBT Margin	-160.0%	-0.19*	-0.07*	-0.07*	-0.06*	-0.38*	-0.52*	-0.60*	-0.85*	-0.55*	-1.08*	-1.52*	-1.40*	-	-	-	-	-	-	-	-	-
Net Income	-241.5%	-25.95	-7.60	-4.16	0.00	3.00	-7.19	-2.79	-58.80	-31.48	-4.30	-14.90	-16.02	-43.10	-15.20	-10.12	-28.22	-35.01	-10.55	-12.86	-2.37	-23.83
Net Income Margin	-386.2%	-0.18*	-0.04*	-0.03*	-0.03*	-0.35*	-0.65*	-0.75*	-1.02*	-0.76*	-1.08*	-1.51*	-1.40*	-	-	-	-	-	-	-	-	-
Free Cashflow	-73.5%	3.00	13.00	9.00	-5.28	-6.38	2.00	-1.72	-7.94	-8.60	-8.23	-1.13	-8.03	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.8%	395	406	420	435	430	413	397	400	397	393	396	398	413	456	469	488	517	539	559	577	585
Current Assets	18.9%	44.00	37.00	44.00	54.00	52.00	46.00	38.00	39.00	32.00	25.00	24.00	21.00	27.00	35.00	37.00	48.00	57.00	50.00	66.00	82.00	86.00
Cash Equivalents	-7.9%	6.00	6.00	6.00	7.00	5.00	8.00	7.00	9.00	4.00	4.00	6.00	5.00	12.00	19.00	17.00	10.00	5.00	9.00	10.00	13.00	12.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	382	-	-	438	458	486	489	488	496
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	2.00	2.00
Liabilities	6.7%	213	200	207	219	215	203	181	251	202	174	175	165	166	166	169	184	185	172	182	188	193
Current Liabilities	31.7%	41.00	31.00	32.00	43.00	52.00	45.00	36.00	33.00	38.00	33.00	38.00	26.00	22.00	17.00	23.00	37.00	49.00	41.00	51.00	38.00	46.00
Long Term Debt	-1.1%	155	156	155	164	143	137	122	120	142	138	134	133	138	143	140	-	135	-	-	-	-
Shareholder's Equity	-12.0%	182	206	213	216	215	210	216	149	195	219	221	233	247	290	301	304	332	367	377	389	392
Retained Earnings	-6.3%	-436	-410	-403	-399	-399	-402	-395	-392	-333	-302	-297	-283	-267	-223	-208	-198	-170	-135	-124	-112	-109
Additional Paid-In Capital	0.2%	622	621	620	619	618	616	615	546	533	525	523	520	518	518	513	506	506	505	504	504	503
Shares Outstanding	2.4%	14.00	14.00	14.00	14.00	14.00	14.00	12.00	11.00	10.00	7.00	6.00	6.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	29.00	-	-	-	27.00	-	-	-	25.00	-	-	-	15.00	-	-	-	81.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-59.6%	7,474	18,494	21,496	13,558	14,380	11,734	4,124	-1,661	-1,876	-2,834	1,421	-6,290	-6,805	-1,927	5,928	3,091	753	7,175	12,388	7,605	9,964
Share Based Compensation	-42.2%	1,032	1,787	1,180	1,672	1,668	1,773	472	731	525	553	680	537	425	694	290	570	486	582	416	387	2,749
Cashflow From Investing	30.0%	-2,717	-3,882	-11,531	-18,087	-18,767	-9,394	-4,453	-5,690	-6,535	-4,287	-2,468	-1,088	1,121	881	-2,613	-8,366	-2,201	-7,736	-9,136	-9,296	-1,187
Cashflow From Financing	63.0%	-5,236	-14,152	-11,096	5,918	2,147	-2,068	-1,719	12,553	8,249	5,391	1,639	539	-850	2,463	4,328	9,822	-2,492	-571	-5,523	1,993	505
Buy Backs	-	-	-	-	-	-	-	-	-	10.00	-	-	-	-	-	-	66.00	481	328	-	-	830

ICD Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Consolidated Statements of Operations
Revenues	$ 210,106	$ 186,710
Costs and expenses
Operating costs	130,253	123,399
Selling, general and administrative	24,499	24,809
Depreciation and amortization	43,543	40,443
Asset impairment, net	14,905	350
Loss (gain) on disposition of assets, net	38	(196)
Other expense	585
Total costs and expenses	213,823	188,805
Operating loss	(3,717)	(2,095)
Interest expense	(35,955)	(29,575)
Loss on extinguishment of debt		(46,347)
Change in fair value of embedded derivative liability		(4,265)
Realized gain on extinguishment of derivative		10,765
Loss before income taxes	(39,672)	(71,517)
Income tax benefit	(1,975)	(6,196)
Net loss	$ (37,697)	$ (65,321)
Loss per share:
Basic (in dollars per share)	$ (2.69)	$ (5.01)
Diluted (in dollars per share)	$ (2.69)	$ (5.01)
Weighted average number of common shares outstanding:
Basic (in shares)	14,012	13,026
Diluted (in shares)	14,012	13,026

ICD Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 5,565	$ 5,326
Accounts receivable	31,695	39,775
Inventories	1,557	1,508
Assets held for sale		325
Prepaid expenses and other current assets	4,759	4,736
Total current assets	43,576	51,670
Property, plant and equipment, net	348,193	376,084
Other long-term assets, net	2,908	1,960
Total assets	394,677	429,714
Liabilities
Current portion of long-term debt	1,226	2,485
Accounts payable	22,990	31,946
Accrued liabilities	16,371	17,608
Total current liabilities	40,587	52,039
Long-term debt, net	154,549	143,223
Deferred income taxes, net	9,761	12,266
Other long-term liabilities	8,201	7,474
Total liabilities	213,098	215,002
Commitments and contingencies (Note 13)
Stockholders' equity
Common stock, $0.01 par value, 250,000,000 shares authorized; 14,523,124 and 13,698,851 shares issued, respectively, and 14,425,864 and 13,613,759 shares outstanding, respectively	144	136
Additional paid-in capital	622,169	617,606
Accumulated deficit	(436,794)	(399,097)
Treasury stock, at cost, 97,260 shares and 85,092 shares, respectively	(3,940)	(3,933)
Total stockholders' equity	181,579	214,712
Total liabilities and stockholders' equity	$ 394,677	$ 429,714

About Independence Contract Drilling Inc

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of pad-optimal, superspec AC powered rigs, and additional idle AC rigs in the Permian Basin and the Haynesville Shale. Its fleet consists of 26 rigs. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

CEO	Mr. John Anthony Gallegos Jr.
WEBSITE	icdrilling.com
INDUSTRY	Oil - E&P
EMPLOYEES	600

Independence Contract Drilling Inc Frequently Asked Questions

What is the ticker symbol for Independence Contract Drilling Inc? What does ICD stand for in stocks?

ICD is the stock ticker symbol of Independence Contract Drilling Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Independence Contract Drilling Inc (ICD)?

As of Thu Apr 25 2024, market cap of Independence Contract Drilling Inc is 29.62 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ICD stock?

You can check ICD's fair value in chart for subscribers.

What is the fair value of ICD stock?

You can check ICD's fair value in chart for subscribers. The fair value of Independence Contract Drilling Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Independence Contract Drilling Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ICD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Independence Contract Drilling Inc a good stock to buy?

The fair value guage provides a quick view whether ICD is over valued or under valued. Whether Independence Contract Drilling Inc is cheap or expensive depends on the assumptions which impact Independence Contract Drilling Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ICD.

What is Independence Contract Drilling Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, ICD's PE ratio (Price to Earnings) is -0.79 and Price to Sales (PS) ratio is 0.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ICD PE ratio will change depending on the future growth rate expectations of investors.