Market research
ICD Independence Contract Drilling Inc
NYSE USD Energy
Latest close
As of 29 Dec 2024
Test a moving-average rule with historical data.
Market facts
- Market cap
- 9M
- P/E ratio
- Not available
- Analyst target
- 3
- Dividend yield
- Not available
- Beta
- 4.96
Profile
Instrument facts
- Exchange
- NYSE
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- ISIN
- Not available
- Market cap
- 9M
- P/E ratio
- Not available
- Analyst target
- 3
- Dividend yield
- Not available
- Beta
- 4.96
About
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. 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.
Research context
Independence Contract Drilling Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Drilling
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Community
Investor discussion
1 comment
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5 years, 7 months ago
Independence Contract Drilling, Inc is currently in a long term uptrend where the price is trading 2.5% above its 200 day moving average.
From a valuation standpoint, the stock is 97.5% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.2.
Independence Contract Drilling, Inc's total revenue sank by 70.6% to $13M since the same quarter in the previous year.
Its net income has dropped by 23.1% to $-43M since the same quarter in the previous year.
Finally, its free cash flow fell by 221.9% to $-8M since the same quarter in the previous year.
Based on the above factors, Independence Contract Drilling, Inc gets an overall score of 2/5.