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NYSE: ICD
Independence Contract Drilling Inc Stock

Overview
ForecastEarningsDividendOwnership
$1.91+0.01 (+0.53%)
Updated Apr 18, 2024
ICD Price
$1.91
Fair Value Price
N/A
Market Cap
$29.16M
52 Week Low
$1.61
52 Week High
$3.45
P/E
-0.71x
P/B
0.16x
P/S
0.16x
PEG
N/A
Dividend Yield
N/A
Revenue
$210.11M
Earnings
-$37.70M
Gross Margin
38%
Operating Margin
-1.77%
Profit Margin
-17.9%
Debt to Equity
1.17
Operating Cash Flow
$61M
Beta
1.04
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

ICD Overview

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers. The company constructs its own and operates a premium land rig fleet. Independence Contract Drilling was incorporated in 2011 and is headquartered in Houston, TX.

Zen Score

–
Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ICD scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ICD is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ICD is good value based on its book value relative to its share price (0.16x), compared to the US Oil & Gas Drilling industry average (0.97x)
P/B vs Industry Valuation
ICD is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more ICD due diligence checks available for Premium users.

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ICD News

Valuation

ICD price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.71x
Industry
8.98x
Market
41.33x

ICD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.16x
Industry
0.97x
ICD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ICD's financial health

Profit margin

Revenue
$45.8M
Net Income
-$26.0M
Profit Margin
-56.6%
ICD's Earnings (EBIT) of -$3.72M... subscribe to Premium to read more.
Interest Coverage Financials
ICD's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$394.7M
Liabilities
$213.1M
Debt to equity
1.17
ICD's short-term assets ($43.58M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ICD's long-term liabilities ($172.51M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ICD's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
ICD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$7.5M
Investing
-$2.7M
Financing
-$5.2M
ICD's operating cash flow ($61.02M)... subscribe to Premium to read more.
Debt Coverage Financials

ICD vs Oil & Gas Drilling Stocks

TickerMarket Cap1d %P/EP/B
ICD$29.16M+0.53%-0.71x0.16x
NBR$729.73M+2.58%-14.03x2.23x
PDS$966.14M-1.23%4.36x0.83x
DO$1.32B-1.15%-29.23x2.04x
BORR$1.39B-3.84%61.22x1.41x
View Top Oil & Gas Drilling Stocks

Independence Contract Drilling Stock FAQ

What is Independence Contract Drilling's quote symbol?

(NYSE: ICD) Independence Contract Drilling trades on the NYSE under the ticker symbol ICD. Independence Contract Drilling stock quotes can also be displayed as NYSE: ICD.

If you're new to stock investing, here's how to buy Independence Contract Drilling stock.

What is the 52 week high and low for Independence Contract Drilling (NYSE: ICD)?

(NYSE: ICD) Independence Contract Drilling's 52-week high was $3.45, and its 52-week low was $1.61. It is currently -44.64% from its 52-week high and 18.63% from its 52-week low.

How much is Independence Contract Drilling stock worth today?

(NYSE: ICD) Independence Contract Drilling currently has 15,266,773 outstanding shares. With Independence Contract Drilling stock trading at $1.91 per share, the total value of Independence Contract Drilling stock (market capitalization) is $29.16M.

Independence Contract Drilling stock was originally listed at a price of $221.20 in Aug 8, 2014. If you had invested in Independence Contract Drilling stock at $221.20, your return over the last 9 years would have been -99.14%, for an annualized return of -41.02% (not including any dividends or dividend reinvestments).

How much is Independence Contract Drilling's stock price per share?

(NYSE: ICD) Independence Contract Drilling stock price per share is $1.91 today (as of Apr 18, 2024).

What is Independence Contract Drilling's Market Cap?

(NYSE: ICD) Independence Contract Drilling's market cap is $29.16M, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Independence Contract Drilling's market cap is calculated by multiplying ICD's current stock price of $1.91 by ICD's total outstanding shares of 15,266,773.
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