ICD

Independence Contract Drilling, Inc. [ICD] Stock Forecast

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In the News

08:56 28 Mar 2024 ICD

Independent Contract Drilling (ICD) Reports Q4 Loss, Tops Revenue Estimates

Independent Contract Drilling (ICD) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to loss of $0.01 per share a year ago.

06:45 28 Mar 2024 ICD

Independence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference Call

HOUSTON , Feb. 20, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that it will release its fourth quarter and year end 2023 results before the New York Stock Exchange opens on Wednesday, February 28, 2024. This release will be followed by a conference call for investors at 11:00 a.m.

06:45 28 Mar 2024 ICD

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 2023

HOUSTON , Nov. 10, 2023 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) announced that Anthony Gallegos, President and Chief Executive Officer, and Philip Choyce, Executive Vice President & Chief Financial Officer, will be virtually presenting and holding one-on-one meetings at the Sidoti Micro-Cap Conference on November 15 and 16, 2023.  The virtual presentation will be webcast at 12:15pm eastern standard time on Wednesday, November 15, 2023 and can be accessed live at https://sidoti.zoom.us/webinar/register/WN_c1FXM1ijQpCTxSz1zKlwqA#/registration.

09:30 28 Mar 2024 ICD

Independence Contract Drilling, Inc. Announces Timing of Third Quarter 2023 Financial Results and Conference Call

HOUSTON , Oct. 24, 2023 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that it will release its third quarter 2023 results before the New York Stock Exchange opens on Wednesday, November 1, 2023. This release will be followed by a conference call for investors at 11:00 a.m.

11:59 28 Mar 2024 ICD

Independence Contract Drilling, Inc. (ICD) Q2 2023 Earnings Call Transcript

Independence Contract Drilling, Inc. (NYSE:ICD ) Q2 2023 Earnings Conference Call August 3, 2023 12:00 PM ET Company Participants Philip Choyce - Executive Vice President and Chief Financial Officer Anthony Gallegos - President and Chief Executive Officer Conference Call Participants Don Crist - Johnson Rice Steve Ferazani - Sidoti Dave Storms - Stonegate Capital Markets David Marsh - Singular Research Jeff Robertson - Water Tower Research John Daniel - Daniel Energy Partners Dick Ryan - Colliers Operator Good day and welcome to the Independence Contract Drilling Second Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please note today's event is being recorded.

09:48 28 Mar 2024 ICD

Independent Contract Drilling (ICD) Reports Q2 Loss, Misses Revenue Estimates

Independent Contract Drilling (ICD) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.72 per share a year ago.

06:45 28 Mar 2024 ICD

Independence Contract Drilling, Inc. Announces Timing of Second Quarter 2023 Financial Results and Conference Call

HOUSTON , July 24, 2023 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that it will release its second quarter 2023 results before the New York Stock Exchange opens on Thursday, August 3, 2023. This release will be followed by a conference call for investors at 11:00 a.m.

06:45 28 Mar 2024 ICD

Independence Contract Drilling, Inc. Announces Timing of First Quarter 2023 Financial Results and Conference Call

HOUSTON , April 24, 2023 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that it will release its first quarter 2023 results before the New York Stock Exchange opens on Tuesday, May 9, 2023. This release will be followed by a conference call for investors at 11:00 a.m.

10:55 28 Mar 2024 ICD

The Riskiest Investments In Oilfield Services

Given economic uncertainty and volatility in energy markets, I believe cautious oilfield services investors will want to avoid the highest risk investments in the sector. 58 oilfield services providers were screened for profitability based on net income margin; 26 were not profitable over the previous twelve months.

12:48 28 Mar 2024 ICD

Independent Contract Drilling (ICD) Reports Q4 Loss, Tops Revenue Estimates

Independent Contract Drilling (ICD) delivered earnings and revenue surprises of 92.86% and 5.76%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

ICD Financial details

Company Rating
Neutral
Market Cap
25.95M
Income
-37.7M
Revenue
210.11M
Book val./share
12.9
Cash/share
0.4
Dividend
-
Dividend %
-
Employees
450
Optionable
No
Shortable
Yes
Earnings
07 May 2024
P/E
-3.69
Forward P/E
-1.24
PEG
0.79
P/S
0.14
P/B
0.15
P/C
4.8
P/FCF
5.62
Quick Ratio
1.07
Current Ratio
1.19
Debt / Equity
0.85
LT Debt / Equity
0.84
-
-
EPS (TTM)
-2.68
EPS next Y
-1.55
EPS next Q
-0.64
EPS this Y
-46.31%
EPS next Y
-42.14%
EPS next 5Y
-42.14%
EPS last 5Y
-30.09%
Revenue last 5Y
0.63%
Revenue Q/Q
3.77%
EPS Q/Q
240.74%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-33.33%
Inst Own
15.51%
Inst Trans
0.5%
ROA
-2%
ROE
-4%
ROC
0.02%
Gross Margin
21%
Oper. Margin
4%
Profit Margin
-4%
Payout
-
Shs Outstand
15.27M
Shs Float
12.86M
-
-
-
-
Target Price
-
52W Range
1.61-3.54
52W High
-36%
52W Low
+92%
RSI
60
Rel Volume
3.97
Avg Volume
64.48K
Volume
255.83K
Perf Week
13.61%
Perf Month
-1.03%
Perf Quarter
-34.92%
Perf Half Y
-33.56%
-
-
-
-
Beta
4.934
-
-
Volatility
0.11%, 0.11%
Prev Close
0%
Price
1.92
Change
-4%

ICD Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
53.961711.7214.3314.99
Net income per share
-16.11-19.69-8.89-5.01-2.69
Operating cash flow per share
7.40.06-1.282.194.35
Free cash flow per share
-2.76-2.84-3.46-1.111.45
Cash per share
1.382.50.550.410.4
Book value per share
87.8850.3426.0216.4812.96
Tangible book value per share
87.8850.3426.0216.4812.96
Share holders equity per share
87.8850.3426.0216.4812.96
Interest debt per share
40.5632.5921.5113.4613.63
Market cap
75.22M14.43M22.51M42.6M34.33M
Enterprise value
208.64M147.42M164.61M182.98M186.85M
P/E ratio
-1.24-0.15-0.34-0.65-0.91
Price to sales ratio
0.370.170.260.230.16
POCF ratio
2.6950.27-2.351.490.56
PFCF ratio
-7.23-1.03-0.87-2.941.69
P/B Ratio
0.230.060.120.20.19
PTB ratio
0.230.060.120.20.19
EV to sales
1.021.771.870.980.89
Enterprise value over EBITDA
4.9432.28-45.164.753.41
EV to operating cash flow
7.47513.65-17.186.43.06
EV to free cash flow
-20.06-10.57-6.33-12.659.17
Earnings yield
-0.81-6.7-2.96-1.53-1.1
Free cash flow yield
-0.14-0.97-1.15-0.340.59
Debt to equity
0.420.590.750.680.85
Debt to assets
0.270.350.370.340.3
Net debt to EBITDA
3.1629.12-38.983.652.78
Current ratio
1.171.220.840.991.06
Interest coverage
-0.22-2.69-2.84-0.070.31
Income quality
-0.4600.14-0.44-1.62
Dividend Yield
01.460.2800
Payout ratio
0-0.22-0.0900
Sales general and administrative to revenue
0.080000
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
-1.37-49.581.71-1.51-0.67
Capex to revenue
-0.19-0.17-0.19-0.23-0.19
Capex to depreciation
-0.84-0.32-0.42-1.06-0.93
Stock based compensation to revenue
0.010.020.030.020.03
Graham number
178.48149.3672.1443.1328.01
ROIC
-0.01-0.1-0.1700.03
Return on tangible assets
-0.12-0.23-0.17-0.15-0.07
Graham Net
-40.33-29.73-24.05-13.75-21.38
Working capital
8.18M5.01M-5.98M-369K2.52M
Tangible asset value
331.6M247.03M195.23M214.71M181.58M
Net current asset value
-128.66M-138.73M-169.57M-163.33M-286.55M
Invested capital
0.420.590.750.680.85
Average receivables
38.91M22.93M16.12M30.99M35.74M
Average payables
19.49M13.37M9.69M23.63M27.47M
Average inventory
2.51M1.68M1.1M1.34M1.53M
Days sales outstanding
64.2443.8692.1777.7655.06
Days payables outstanding
43.4913.648.7271.1748.28
Days of inventory on hand
4.463.473.733.363.27
Receivables turnover
5.688.323.964.696.63
Payables turnover
8.3926.847.495.137.56
Inventory turnover
81.84105.2997.92108.65111.62
ROE
-0.18-0.39-0.34-0.3-0.21
Capex per share
-10.16-2.9-2.19-3.3-2.9

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
4.434.64.063.143.26
Net income per share
0.250-0.3-0.54-1.84
Operating cash flow per share
1.060.981.551.310.53
Free cash flow per share
-0.47-0.380.660.930.25
Cash per share
0.390.480.40.430.4
Book value per share
15.7715.5615.3414.6712.9
Tangible book value per share
15.7715.5615.3414.6712.9
Share holders equity per share
15.7715.5615.3414.6712.9
Interest debt per share
11.3312.61211.8711.71
Market cap
44.53M45.2M37.87M42.21M34.48M
Enterprise value
184.91M204.46M190.45M193.91M187M
P/E ratio
3.22941.66-2.27-1.39-0.33
Price to sales ratio
0.740.710.670.960.75
POCF ratio
3.13.331.762.284.61
PFCF ratio
-6.98-8.574.133.249.98
P/B Ratio
0.210.210.180.20.19
PTB ratio
0.210.210.180.20.19
EV to sales
3.073.213.384.394.08
Enterprise value over EBITDA
31.510.4511.01-457.3323.11
EV to operating cash flow
12.8615.088.8610.4825.02
EV to free cash flow
-28.98-38.7420.7814.8954.14
Earnings yield
0.080-0.11-0.18-0.75
Free cash flow yield
-0.14-0.120.240.310.1
Debt to equity
0.680.770.740.760.85
Debt to assets
0.340.380.380.390.3
Net debt to EBITDA
23.918.148.82-357.7818.85
Current ratio
0.991.271.391.191.06
Interest coverage
-0.5710.470.08-0.3
Income quality
4.151.13K-5.17-2.43-0.29
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
-1.44-1.39-0.57-0.3-0.54
Capex to revenue
-0.34-0.3-0.22-0.12-0.09
Capex to depreciation
-1.94-1.74-1.08-0.53-0.36
Stock based compensation to revenue
0.030.030.020.040.02
Graham number
9.50.5510.1813.3523.14
ROIC
0.010.030.010-0.01
Return on tangible assets
0.010-0.01-0.02-0.05
Graham Net
-13.15-13.02-12.63-12.26-21.29
Working capital
-369K11.39M12.43M5.84M2.52M
Tangible asset value
214.71M215.68M212.77M206.46M181.58M
Net current asset value
-163.33M-165.41M-162.98M-163.01M-286.55M
Invested capital
0.680.770.740.760.85
Average receivables
36.87M40.81M38.17M30.69M29.28M
Average payables
30.4M29.45M22.63M17.79M20.13M
Average inventory
1.47M1.53M1.6M1.77M1.72M
Days sales outstanding
59.4159.0655.1154.7762.24
Days payables outstanding
61.650.2136.4141.2148.65
Days of inventory on hand
2.912.873.314.483.3
Receivables turnover
1.511.521.631.641.45
Payables turnover
1.461.792.472.181.85
Inventory turnover
30.9531.3127.220.127.31
ROE
0.020-0.02-0.04-0.14
Capex per share
-1.52-1.36-0.89-0.39-0.29

ICD Frequently Asked Questions

What is Independence Contract Drilling, Inc. stock symbol ?

Independence Contract Drilling, Inc. is a US stock , located in Houston of Tx and trading under the symbol ICD

What is Independence Contract Drilling, Inc. stock quote today ?

Independence Contract Drilling, Inc. stock price is $1.92 today.

Is Independence Contract Drilling, Inc. stock public?

Yes, Independence Contract Drilling, Inc. is a publicly traded company.

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