NYSE:ICD Independence Contract Drilling (ICD) Stock Price, News & Analysis → Have You Seen Elon’s New A.I. Device? (Picture Inside) (From InvestorPlace) (Ad) Free ICD Stock Alerts $1.82 -0.03 (-1.62%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$1.82▼$1.8750-Day Range$1.63▼$1.9952-Week Range$1.61▼$3.45Volume17,952 shsAverage Volume61,839 shsMarket Capitalization$27.68 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Independence Contract Drilling alerts: Email Address Independence Contract Drilling MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy4.17% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.59) to ($1.42) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.28 out of 5 starsOils/Energy Sector230th out of 233 stocksDrilling Oil & Gas Wells Industry13th out of 13 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Independence Contract Drilling. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.17% of the float of Independence Contract Drilling has been sold short.Short Interest Ratio / Days to CoverIndependence Contract Drilling has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Independence Contract Drilling has recently decreased by 2.73%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldIndependence Contract Drilling does not currently pay a dividend.Dividend GrowthIndependence Contract Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ICD. Previous Next 1.8 News and Social Media Coverage News SentimentIndependence Contract Drilling has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Independence Contract Drilling this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Independence Contract Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.80% of the stock of Independence Contract Drilling is held by insiders.Percentage Held by InstitutionsOnly 29.38% of the stock of Independence Contract Drilling is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Independence Contract Drilling are expected to grow in the coming year, from ($2.59) to ($1.42) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independence Contract Drilling is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence Contract Drilling is -0.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioIndependence Contract Drilling has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry Research$5,000 Gold?Former Wall Street Banker Reveals Mysterious Gold Leverage As gold continues to soar, this ex-Goldman Sachs VP says DON'T buy bullion or mining stocks. Instead, he's just shared a "gold bank" that uses about $10 of your money to harness the power of two ounces of pure gold (worth about $4,200 right now).Find out how to do right here in this free video. About Independence Contract Drilling Stock (NYSE:ICD)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.Read More ICD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ICD Stock News HeadlinesMay 2, 2024 | finance.yahoo.comIndependence Contract Drilling Inc (ICD) (Q1 2024) Earnings Call Transcript Highlights:May 2, 2024 | gurufocus.comQ1 2024 Independence Contract Drilling Inc Earnings Call TranscriptMay 2, 2024 | Stansberry Research (Ad)$5,000 Gold?Former Wall Street Banker Reveals Mysterious Gold Leverage As gold continues to soar, this ex-Goldman Sachs VP says DON'T buy bullion or mining stocks. Instead, he's just shared a "gold bank" that uses about $10 of your money to harness the power of two ounces of pure gold (worth about $4,200 right now).May 1, 2024 | msn.comICD Stock Earnings: Independence Contract Misses EPS, Beats Revenue for Q1 2024May 1, 2024 | prnewswire.comIndependence Contract Drilling, Inc. Reports Financial Results for the First Quarter Ended March 31, 2024April 28, 2024 | americanbankingnews.comIndependence Contract Drilling (NYSE:ICD) Downgraded by StockNews.comApril 23, 2024 | finance.yahoo.comIndependence Contract Drilling, Inc. Announces Timing of First Quarter 2024 Financial Results and Conference CallMarch 23, 2024 | morningstar.comIndependence Contract Drilling Inc ICDMay 2, 2024 | Stansberry Research (Ad)$5,000 Gold?Former Wall Street Banker Reveals Mysterious Gold Leverage As gold continues to soar, this ex-Goldman Sachs VP says DON'T buy bullion or mining stocks. Instead, he's just shared a "gold bank" that uses about $10 of your money to harness the power of two ounces of pure gold (worth about $4,200 right now).March 21, 2024 | finance.yahoo.comINDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO. AS FINANCIAL ADVISOR TO STRATEGIC ALTERNATIVES COMMITTEEMarch 21, 2024 | prnewswire.comINDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO.March 16, 2024 | finance.yahoo.comICD Apr 2024 2.000 putMarch 1, 2024 | seekingalpha.comIndependence Contract Drilling, Inc. (ICD) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comIndependence Contract Drilling, Inc. (NYSE:ICD) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comQ4 2023 Independence Contract Drilling Inc Earnings CallFebruary 28, 2024 | markets.businessinsider.comIndependence Contract Drilling, Inc. Q4 Earnings SummaryFebruary 28, 2024 | msn.comIndependence Contract Drilling Non-GAAP EPS of -$0.61 misses by $0.15, revenue of $45.83M beats by $1.38MFebruary 28, 2024 | prnewswire.comIndependence Contract Drilling, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023February 27, 2024 | msn.comIndependence Contract Drilling Q4 2023 Earnings PreviewFebruary 20, 2024 | finance.yahoo.comIndependence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference CallFebruary 20, 2024 | prnewswire.comIndependence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference CallFebruary 14, 2024 | wsj.comIndependence Contract Drilling Inc.January 30, 2024 | investing.comIndependence Contract Drilling Inc (ICD)December 7, 2023 | finance.yahoo.comIndependence Contract Drilling (NYSE:ICD) Is Doing The Right Things To Multiply Its Share PriceNovember 10, 2023 | finance.yahoo.comIndependence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 2023November 3, 2023 | finance.yahoo.comStonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q3 2023November 2, 2023 | msn.comIndependence Contract Drilling Non-GAAP EPS of -$0.37 beats by $0.05, revenue of $44.16M misses by $0.95MSee More Headlines Receive ICD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Independence Contract Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today5/02/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryN/A Current SymbolNYSE:ICD CUSIPN/A CIK1537028 Webwww.icdrilling.com Phone(281) 598-1230Fax832-645-0302Employees450Year Founded2011Profitability EPS (Most Recent Fiscal Year)($2.68) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-37,700,000.00 Net Margins-17.94% Pretax Margin-18.88% Return on Equity-6.12% Return on Assets-3.02% Debt Debt-to-Equity Ratio0.85 Current Ratio1.07 Quick Ratio1.04 Sales & Book Value Annual Sales$210.11 million Price / Sales0.13 Cash Flow$2.74 per share Price / Cash Flow0.66 Book Value$12.89 per share Price / Book0.14Miscellaneous Outstanding Shares15,210,000Free Float14,687,000Market Cap$27.53 million OptionableOptionable Beta4.86 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. John Anthony Gallegos Jr. (Age 53)President, CEO & Director Comp: $1.27MMr. Philip A. Choyce (Age 57)Executive VP, CFO, Treasurer & Secretary Comp: $901.7kMr. Scott A. Keller (Age 43)Senior Vice President of Business Development Comp: $620.99kMr. Philip A. Dalrymple (Age 45)Senior Vice President of Operations Comp: $260.2kMs. Katherine Kokenes (Age 51)VP & Chief Accounting Officer Mr. Marc S. NoelVice President of Sales & MarketingMore ExecutivesKey CompetitorsBarnwell IndustriesNYSE:BRNAlternus Clean EnergyNASDAQ:ALCEComplete SolariaNASDAQ:CSLRMexco EnergyNYSE:MXCnoco-nocoNASDAQ:NCNCView All CompetitorsInstitutional OwnershipE&G Advisors LPSold 20,636 shares on 4/19/2024Ownership: 0.223%CastleKnight Management LPBought 190,679 shares on 2/14/2024Ownership: 3.836%View All Institutional Transactions ICD Stock Analysis - Frequently Asked Questions How have ICD shares performed in 2024? Independence Contract Drilling's stock was trading at $2.45 at the beginning of the year. Since then, ICD stock has decreased by 26.1% and is now trading at $1.81. View the best growth stocks for 2024 here. When is Independence Contract Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our ICD earnings forecast. How were Independence Contract Drilling's earnings last quarter? Independence Contract Drilling, Inc. (NYSE:ICD) announced its quarterly earnings data on Wednesday, May, 1st. The oil and gas company reported ($0.50) EPS for the quarter, beating the consensus estimate of ($0.73) by $0.23. The oil and gas company had revenue of $46.64 million for the quarter, compared to analysts' expectations of $41.64 million. Independence Contract Drilling had a negative net margin of 17.94% and a negative trailing twelve-month return on equity of 6.12%. During the same quarter last year, the business earned $0.14 EPS. When did Independence Contract Drilling's stock split? Independence Contract Drilling shares reverse split before market open on Thursday, March 12th 2020. The 1-20 reverse split was announced on Friday, February 28th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, March 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What is Anthony Gallegos' approval rating as Independence Contract Drilling's CEO? 2 employees have rated Independence Contract Drilling Chief Executive Officer Anthony Gallegos on Glassdoor.com. Anthony Gallegos has an approval rating of 100% among the company's employees. This puts Anthony Gallegos in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Independence Contract Drilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Independence Contract Drilling investors own include Callon Petroleum (CPE), Energy Transfer (ET), Oasis Petroleum (OAS), Rosehill Resources (ROSE), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Abraxas Petroleum (AXAS), Denbury Resources (DNR), Genocea Biosciences (GNCA) and MEI Pharma (MEIP). Who are Independence Contract Drilling's major shareholders? Independence Contract Drilling's stock is owned by a variety of retail and institutional investors. Top institutional investors include E&G Advisors LP (0.22%). Insiders that own company stock include Daniel F Mcnease, James Minmier, Msd Capital L P, Msd Partners, LP and William Monroe. View institutional ownership trends. How do I buy shares of Independence Contract Drilling? Shares of ICD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ICD) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersUrgent Nvidia WarningAltimetryA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsTruth about Trump you’ve never heardPorter & CompanyHe Is Giving Away BitcoinCrypto Swap ProfitsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithAI “wealth window” is closing June 25thParadigm Press4 Cryptos BETTER than BitcoinTrue Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Independence Contract Drilling, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.