Independence Contract Drilling, Inc. (ICDIQ)

Market Cap	294.58K
Revenue (ttm)	173.79M
Net Income (ttm)	-70.15M
Shares Out	15.11M
EPS (ttm)	-4.87
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	22,401
Open	0.0150
Previous Close	0.0190
Day's Range	0.0150 - 0.0190
52-Week Range	0.0050 - 2.2800
Beta	4.91
Analysts	n/a
Price Target	n/a
Earnings Date	Feb 27, 2025

About ICDIQ

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. On December 2, 2024, Independence Contract Drilling, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

• Industry: Drilling Oil and Gas Wells
• Founded: 2011
• Employees: 450
• Stock Exchange: OTCMKTS
• Ticker Symbol: ICDIQ

Financial Performance

In 2023, ICDIQ's revenue was $210.11 million, an increase of 12.53% compared to the previous year's $186.71 million. Losses were -$37.70 million, -42.29% less than in 2022.