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Independence Contract Drilling, Inc. (ICD)

Stock Price: $3.17 USD -0.02 (-0.63%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 16.42M
Revenue (ttm) 150.24M
Net Income (ttm) -83.90M
Shares Out 5.18M
EPS (ttm) -22.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 7, 2020
Last Price $3.17
Previous Close $3.19
Change ($) -0.02
Change (%) -0.63%
Day's Open 3.19
Day's Range 3.16 - 3.30
Day's Volume 227,309
52-Week Range 1.08 - 37.80

More Stats

Market Cap 16.42M
Enterprise Value 146.36M
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 5.18M
Float 3.56M
EPS (basic) -22.25
EPS (diluted) -22.04
FCF / Share -2.53
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 210,328
Short Ratio 0.61
Short % of Float 5.64%
Beta 7.72
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 0.11
PB Ratio 0.06
Revenue 150.24M
Operating Income -70.11M
Net Income -83.90M
Free Cash Flow -10.16M
Net Cash -129.94M
Net Cash / Share -25.09
Gross Margin 39.06%
Operating Margin -46.67%
Profit Margin -55.80%
FCF Margin -6.76%
ROA -2.80%
ROE -24.76%
ROIC -11.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 0
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$4.50*
(41.96% upside)
Low
3.00
Current: $3.17
High
7.00
Target: 4.50
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue20414390.0170.0688.4270.3542.7915.12
Revenue Growth42.77%58.44%28.47%-20.76%25.69%64.42%182.92%-
Gross Profit58.6947.3922.2726.7936.3327.6914.39-0.28
Operating Income-46.50-12.34-21.03-18.93-4.95-33.07-4.66-13.99
Net Income-60.79-19.99-24.30-22.18-7.88-28.17-2.00-4.95
Shares Outstanding3.772.381.891.661.200.850.610.51
Earnings Per Share-16.20-8.40-12.80-13.40-6.60-33.00-3.20-9.80
Operating Cash Flow27.9216.144.9316.9727.383.816.00-8.34
Capital Expenditures-38.32-37.55-31.35-21.11-75.53-115-59.69-66.86
Free Cash Flow-10.40-21.42-26.41-4.13-48.15-112-53.69-75.20
Cash & Equivalents5.2112.252.537.075.3410.762.7337.41
Total Debt13913149.8126.5262.7122.5219.78-
Net Cash / Debt-133-118-47.28-19.45-57.36-11.76-17.0537.41
Assets517585305302315290185167
Liabilities18519369.1644.8682.0552.8140.1022.74
Book Value332392235257233237145145
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Independence Contract Drilling, Inc.
Country United States
Employees 650
CEO J. Anthony Gallegos

Stock Information

Ticker Symbol ICD
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Drilling
Unique Identifier NYSE: ICD
IPO Date August 8, 2014

Description

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of pad-optimal ShaleDriller rigs that are engineered and designed to accelerate its clients' production profiles and cash flows from their technically demanding and economically impactful oil and gas properties in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 29 rigs. The company was founded in 2011 and is headquartered in Houston, Texas.