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Market Cap 39.80M P/E 14.89 EPS this Y -86.50% Ern Qtrly Grth -
Income -37.7M Forward P/E 21.77 EPS next Y 45.80% 50D Avg Chg 1.00%
Sales 210.11M PEG -0.17 EPS past 5Y - 200D Avg Chg -16.00%
Dividend N/A Price/Book 0.18 EPS next 5Y 7.00% 52W High Chg -46.00%
Recommedations 2.00 Quick Ratio 0.92 Shares Outstanding 15.27M 52W Low Chg 14.00%
Insider Own 12.80% ROA 1.70% Shares Float 11.34M Beta 4.96
Inst Own 38.42% ROE -19.03% Shares Shorted/Prior 544.18K/548.28K Price 2.83
Gross Margin 38.01% Profit Margin -17.94% Avg. Volume 67,219 Target Price 4.50
Oper. Margin -6.47% Earnings Date May 1 Volume 47,978 Change -9.87%
About Independence Contract Drilling,

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.

Independence Contract Drilling, News
04/23/24 Independence Contract Drilling, Inc. Announces Timing of First Quarter 2024 Financial Results and Conference Call
03/21/24 INDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO. AS FINANCIAL ADVISOR TO STRATEGIC ALTERNATIVES COMMITTEE
02/29/24 Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q4 2023
02/29/24 Independence Contract Drilling, Inc. (NYSE:ICD) Q4 2023 Earnings Call Transcript
02/29/24 Q4 2023 Independence Contract Drilling Inc Earnings Call
02/28/24 Independence Contract Drilling, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023
02/20/24 Independence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year End 2023 Financial Results and Conference Call
12/07/23 Independence Contract Drilling (NYSE:ICD) Is Doing The Right Things To Multiply Its Share Price
12/03/23 11 Most Volatile Stocks Under $5 For Day Trading
11/14/23 Sidoti Events, LLC’s Virtual November Micro-Cap Conference
11/10/23 Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 2023
11/03/23 Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q3 2023
11/02/23 Independence Contract Drilling, Inc. (NYSE:ICD) Q3 2023 Earnings Call Transcript
11/02/23 Q3 2023 Independence Contract Drilling Inc Earnings Call
11/01/23 Independence Contract Drilling Inc (ICD) Reports Q3 2023 Financial Results
11/01/23 Presenting on the Emerging Growth Conference 64 Day 2 on November 2 Register Now
11/01/23 Independence Contract Drilling, Inc. Reports Financial Results for the Third Quarter Ended September 30, 2023
10/30/23 Independence Contract Drilling to Present at the Emerging Growth Conference on November 2, 2023
06:40 AM Independence Contract Drilling, Inc.'s (NYSE:ICD) Profit Outlook
10/24/23 Independence Contract Drilling, Inc. Announces Timing of Third Quarter 2023 Financial Results and Conference Call
ICD Chatroom

User Image IwilldiversifynextTime Posted - 12 hours ago

$ICD What happened to Natty?

User Image BrickViews Posted - 15 hours ago

$NINE $KLXE $ICD - energy complacency and actually downright ignorance will wok us into an energy crisis. Very few understand or care. Even fewer know the ramifications and what will come. Nobody is prepared. Be prepared. Stay patient. Have faith. God Bless 💪🙏

User Image davooo Posted - 17 hours ago

$ICD From OilPrice; Oil prices are set to post a gain this week as a combination of inventory declines, a slowdown in U.S. manufacturing, and escalating tensions in the Middle East boost bullish sentiment. Investor sentiment and behavior, particularly from hedge funds and other money managers, significantly influenced the oil market trends. Over the past week, there was a notable shift in positions, as evidenced by movements in futures and options contracts. Fund managers increased their net long positions in Brent crude, indicating a bullish outlook on potential supply disruptions due to Middle Eastern tensions. However, the sentiment was not uniformly bullish across all petroleum markets. 😋

User Image KayStateKilla Posted - 1 day ago

$HUSA $TPET $ICD $UNG $UCO Following the Iranian nuclear test... https://strategianews.net/iran-obtains-the-necessary-technology-to-assemble-long-range-ballistic-missile-systems-from-north-korea/

User Image BrickViews Posted - 1 day ago

$NINE $KLXE $ICD - old habits die hard. Of mag 7 investors are going to go from trash like Netflix meta Apple and shift to overvalued nvda and Tesla. Amazon is just amazon. Can’t hate on them. Who am I missing? Anyways real investors will eventually make it over to energy which is undervalued

User Image BrickViews Posted - 1 day ago

$USO $UNG $NINE $KLXE $ICD - this is not the end for energy. It may be the beginning of the end for tech stocks. Might be a good idea to start supporting the real economy. For about 15 years the government has been wasting money on EV credits, renewables, semiconductors, you name it. Just think of all the money in just crypto alone. Bizarre. Funny. Scary. I’ve been waiting for this 💪🙏

User Image BrickViews Posted - 1 day ago

$KLXE $NINE $ICD - gonna get wild out here today! All good. Let’s see that relative strength of energy. Literally all we need is the fed to admit to no landing. Hot economy and high inflation. Then it’s game over. Fortitude. Faith. God Bless 💪🙏

User Image BrickViews Posted - 1 day ago

$NINE $KLXE $ICD - this capital gains tax proposal is it for Joe Biden. Either he is so confident he will win, or something else is going on. I am absolutely shocked at this. I truly cannot figure out why he would announce such a wacky proposal. He’s going to lose. I believe that is the real bottom for these stocks. Everything will be lined up perfectly. The Fed is going to lower rates, either in an attempt to save Joe or to finally face the federal debt crisis, then inflation will be insane, oil will be at all time highs, Trump will unleash American energy but will soon realize how little that will do to oil prices. Oil prices will remain elevated for a long time do to inflation, and they will try to pump their way out of it. Also, Trump will see the benefit of exporting nat gas and will unleash that industry as well. That will finally be the moment for oil field services. It should be glorious. Since the market is forward looking it should catch on before the election. We’ll see 💪🙏

User Image BrickViews Posted - 1 day ago

$USO $XLE $NINE $KLXE $ICD - I’m curious if investors will see this as an opportunity to buy the nasdaq stocks or rotate capital. The charts don’t look good anymore. They are all obviously overvalued. However people love investing in tech. One problem there is growth should never do well in a high interest rate environment, and since yields are way above expectations I cannot imagine an real investors continuing this tech pump. On the other hand all of the expectations for energy have been wildly underestimate and undervalued. You know who doesn’t have to worry about earnings? Investors in Exxon and Chevron. Those charts look ready to break out. I would love to see that mark a major shift in the market. Unfortunately oil and gas investing is not the flavor of the week. However this is an industry that has been left for dead multiple times and continues to support the entire global economy, making a much bigger impact on the world than any tech company. Patience. Faith. God Bless 💪🙏

User Image davooo Posted - 1 day ago

$ICD From OilPrice: Positive notes for the bulls coming from StanChart, as they forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d. The commodity experts have predicted global inventory draws of 1.53 mb/d in May and 1.69 mb/d in June, tightening physical spreads significantly. StanChart also says that OPEC is unlikely to increase output in the near-term thanks to the stall in the oil price rally despite having room for at least 1 mb/d of extra OPEC output in Q3 without increasing inventories. 🌹

User Image BrickViews Posted - 2 days ago

$USO $UNG $NINE $KLXE $ICD - hang tough. The repricing of assets in a growth to value shift is going to be really hard. Especially holding speculative names. No leverage. No trades. No reason to panic. Patience. Faith. God Bless 💪🙏

User Image BrickViews Posted - 2 days ago

$USO $UNG $NINE $KLXE $ICD - ultimate fade on tech as investors slowly begin to realize we are in a shift from away from growth and mega tech. 💪🙏

User Image BrickViews Posted - 2 days ago

$USO $UNG $NINE $KLXE $ICD - today is going to be very interesting. The markets are going to want to continue those old bad habits, buy tech so sell oil. Really only because Tesla is up. Kind of funny. But now the energy pullback is coming to an end, as expected. HFI anticipated a draw already for this week but builds remaining till mid-May. A draw today will help. Also, HFI points out there is an additional 12M barrels unaccounted for that could add to the build. We will see. Overall there are still geopolitical tensions that aren’t going anywhere, as well as a supply demand mixup. Tesla reported negative 2B or so in cash flow. That’s one quarter. Makes 45B not look so substantial, especially in the EV landscape. So what does Elon do? Throws out more wild expectations and projects that may or may not come to fruition on time. So the algos jump on it as oversold. If I had excess money I would short Tesla at 175. But I’ll just wait to watch this play out. Patience. Faith. God Bless 💪🙏

User Image BrickViews Posted - 3 days ago

$NINE $KLXE $ICD - every single thing you want to see. Interest rates down, dollar down, crude up, nat gas up. 💪🙏

User Image BrickViews Posted - 3 days ago

$KLXE $NINE $ICD - the averages are leveling out. These are all bottoming and when they do it will be fast & furious 💪🙏

User Image BrickViews Posted - 3 days ago

$USO $UNG $NINE $KLXE $ICD - who really thinks inflation can go away while the fed can make bids on treasuries and congress approves massive spending bills for abroad? Key word there, abroad. Doesn’t matter who wins trump or Biden there will be massive spending at home as well. The government is creating inflation. Robbing the future. This is unbelievable. Zero accountability for big deficits. There are consequences. It’s inflation. And the public doesn’t seem to understand how that is going to impact the future. Congrats your growth stocks are up on 6 rate cut expectations. Fools! Get a reality check. Inflation is going to be showing up everywhere. There are no tricks left for energy. So we will see a significant move up. Patience. Faith. God Bless 💪🙏

User Image BrickViews Posted - 3 days ago

$USO $UNG $NINE $KLXE $ICD - it was interesting, when I saw gold and silver and oil sell off so hard & so fast last night my first thought was, there are professional money managers who allocate other peoples money and assign value to digital coins like eth. Eth. A made up name for a made up coin. There is an excitement for new technology that makes investors do very illogical things. So they ignore the fact that the entire global economy runs on energy. Also, we are quickly headed into an energy crisis. They did everything possible to prevent it, and the price of oil is still above 80. Diesel will be the first crisis, but that’s another tangent. The problem is that all of the financial models and expectations for energy supply and demand are completely wrong. And I’m not going to hate on the market idiocy and dangerous market structure (in this post) because the same way they pump eth from 6 to 3200 is the same absurd market behavior that will pump energy and commodities. God Bless 💪🙏

User Image BrickViews Posted - 3 days ago

$USO $UNG $NINE $KLXE $ICD - of course I get frustrated and annoyed at the current market environment. Overnight the buy up oil to 83 and drop it to 81. Just look at the price of gold and silver last night. Hysterical really. And the fact that the Feb bought billions of treasuries propping up the market yesterday. It’s no coincidence that the market shot up as soon as the fed bid on treasuries. These are all last ditch efforts in desperation. Also, very inflationary, not recessionary. Sentiment changes on these ridiculous behind the scenes activities. I’m entertained but annoyed. I would like to be up in my account watching this, not down a million. However I will not leave because of price action. I’ll stick with the thesis. Energy demand fundamentals are better than anticipated and all forecasts. EV & renewable adoption are dismal. Big energy players like opec are in conflict with the US. Complete dependence on US production which dropped rigs dramatically. Hang tough. God Bless 💪🙏

User Image IwilldiversifynextTime Posted - 3 days ago

$PR $ICD https://truthsocial.com/@realDonaldTrump/112320061756751047

User Image Stock_Titan Posted - 3 days ago

$ICD Independence Contract Drilling, Inc. Announces Timing of First Quarter 2024 Financial Results and Conference Call https://www.stocktitan.net/news/ICD/independence-contract-drilling-inc-announces-timing-of-first-quarter-ux9t5atu8gvl.html

User Image Rachel20201 Posted - 4 days ago

$ICD

User Image BrickViews Posted - 4 days ago

$USO $UNG $NINE $KLXE $ICD - so the index pump last an hour today. Let’s see the relative strength of energy. 💪🙏

User Image BrickViews Posted - 4 days ago

$NINE $KLXE $ICD - what a complete joke. Just keep buying the minuscule cap table and come back in October 💪🙏

User Image BrickViews Posted - 4 days ago

$XLE $XES $NINE $KLXE $ICD - what I’m looking for during this pullback in crude & overall market pullback is the relative strength of energy names. All of which are holding up very well so far. There are investors who missed the first move and are now allocating on the pullback. Also, profits takers that are coming back in with new entry along with funds that are just increasing their allocation. The market structure is dangerous, so hopefully these investors are shifting towards energy as a safe haven. I do believe in this commodity supercycle investors will still be more apt to buy oil over precious metals. Both will do well, but the overall market crowd is more comfortable with energy. Just look at what they are doing to gold this AM. Complete nonsense. Hysterical. These growth stocks and indexes are going to fall like Tesla. Long long way to go to even achieve just normal returns. But the market is dangerous and will move fast. That money should come to us. Patience. God Bless 💪🙏

User Image BrickViews Posted - 4 days ago

$NINE $KLXE $ICD - everything is falling in to place except one thing. The fed has not capitulated on high inflation. That is the no landing scenario which is the final piece to the puzzle. The fed is not going to kill the economy in an election year. They will not. The federal debt & deficits are too high, this is not 2008. That’s the big big difference between 2008 and 2022. Increased money supply already creates inflation. Now we have huge deficits and spend like a drunken sailor. Big spending bills for $100B is nothing anymore! Think about that for a second. So we have high energy prices already, in the face of an admin that is evil towards US oil & gas with high interest rates. Both of those negatives should be eliminated this year. Also, the projections for renewables and EV adoption have been wildly over optimistic. Look at Tesla! Enphase! These projects don’t work without more government incentives. All of the algos run on models that have flawed inputs. Just wait. God Bless 💪🙏

User Image BrickViews Posted - 4 days ago

$USO $UNG $NINE $KLXE $ICD - very interesting how they have allowed inflation to show up only in growth stocks…so far. There was so much bag holding money sitting in growth outside of mag 7, that the flight to safety was only for those big tech names. Then passive investors kept the indexes propped up. Now, we are in a completely different environment. Rather than the small cap growth stocks catching up to mag 7, which the true bulls expect, mag 7 bubble is popping. I noticed that IWM actually had a pretty good day on Friday, almost signifying a bottom, but I can’t see any growth stocks doing well in a high interest rate environment. Since commodity prices have been suppressed so badly, I’ve noticed the price action has been very indicative of accumulation. Which is why when oil hit 87 everyone was calling for a pullback and needed to see how it was bought up. Energy stocks haven’t faltered. Investors are accumulating. Invest long term! Contrarian! Have faith. Patience. God Bless 💪🙏

User Image davooo Posted - 6 days ago

$ICD From OilPrice: “During the quarter, we continued to benefit from our favorable exposure to the international markets, with remarkable year-on-year growth of 29% in the Middle East & Asia, in addition to growth of 18% in Europe & Africa,” Le Peuch added. Following an “exciting start to the year”, SLB expects growth momentum to continue, the executive noted. “The oil and gas industry continues to benefit from strong market fundamentals driven by a growing demand outlook. This is resulting in a significant baseload of activity, particularly in the international and offshore markets, closely aligned with the strengths of our business,” Le Peuch said. 😳

User Image IwilldiversifynextTime Posted - 1 week ago

$ICD “We were just holding this little drilling company in our portfolios for years, and kind of forgot about it after it swallowed our investment. Then one day it just flipped into an uptrend that just kept going.” That’s my success story. I’m writing it now so I’m prepared.

User Image BrickViews Posted - 1 week ago

$USO $UNG $NINE $KLXE $ICD - bubble is popping in a market full of passive index & etf investors alongside momentum chasers and traders who only follow charts and price action. So basically gamblers allocating short term capital in a market propped up by passive investors. Yikes. Market structure risk. Will be really interesting to watch this unfold. Hopefully growth to value. We will see. Especially since energy is the most undervalued sector in the history of markets 💪🙏

User Image davooo Posted - 1 week ago

$ICD The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, for an increase of 2. The total rig count fell by 2 to 619 this week, compared to 753 rigs this same time last year. The number of oil rigs rose by 5 this week. Oil rigs now stand at 511--down by 80 compared to this time last year. The number of gas rigs fell by 3 this week to 106, a loss of 53 active gas rigs from this time last year. Miscellaneous rigs stayed the same at 2. ❤️

Analyst Ratings
Morgan Stanley Equal-Weight May 11, 20
B. Riley Securities Neutral May 11, 20
B. Riley Securities Buy Apr 8, 20
B. Riley Securities Buy Mar 4, 20
Morgan Stanley Equal-Weight Oct 7, 19
RBC Capital Sector Perform Sep 25, 19
B. Riley Securities Buy Aug 2, 19
Morgan Stanley Equal-Weight Jul 12, 19
Capital One Equal-Weight Jan 16, 19
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
MSD CAPITAL L P 10% Owner 10% Owner Dec 19 Sell 3.02 15,060 45,481 60,089 12/21/22
MSD Partners, L.P. Director Director Dec 19 Sell 3.02 63,607 192,093 1,954,794 12/21/22
MONROE WILLIAM 10% Owner 10% Owner Nov 04 Sell 3.74 90,000 336,600 1,247,259 11/07/22
MONROE WILLIAM 10% Owner 10% Owner Oct 26 Sell 3.81 57,500 219,075 1,457,259 10/28/22
MONROE WILLIAM 10% Owner 10% Owner Oct 17 Sell 3.08 35,241 108,542 1,514,759 10/20/22
Minmier James Director Director Sep 27 Buy 2.93 5,000 14,650 29,939 09/28/22
MONROE WILLIAM 10% Owner 10% Owner Sep 09 Sell 3.14 150,000 471,000 1,655,000 09/12/22
MONROE WILLIAM 10% Owner 10% Owner Aug 29 Sell 3.57 20,000 71,400 1,805,000 08/31/22
MONROE WILLIAM 10% Owner 10% Owner Aug 25 Sell 3.6 55,000 198,000 1,825,000 08/25/22
MONROE WILLIAM 10% Owner 10% Owner Aug 23 Sell 3.49 197,500 689,275 1,880,000 08/25/22
MONROE WILLIAM 10% Owner 10% Owner Aug 11 Sell 3.56 52,500 186,900 2,077,500 08/15/22
MONROE WILLIAM 10% Owner 10% Owner Feb 04 Buy 3.17 100,000 317,000 2,130,000 02/08/22
MONROE WILLIAM 10% Owner 10% Owner Jan 24 Buy 3.21 180,000 577,800 2,030,000 01/25/22
MONROE WILLIAM 10% Owner 10% Owner Dec 20 Buy 2.57 50,000 128,500 1,800,000 12/27/21
MONROE WILLIAM 10% Owner 10% Owner Nov 22 Buy 3.04 300,000 912,000 1,750,000 12/20/21
MONROE WILLIAM 10% Owner 10% Owner Oct 14 Buy 4.56 50,000 228,000 1,450,000 10/15/21
- - - Mar 30 Sell 3.58 22,922 82,061 122,333 03/30/21
- - - Mar 30 Sell 3.58 96,462 345,334 516,527 03/30/21
- - - Dec 31 Sell 3 23,151 69,453 171,543 12/31/20
- - - Dec 31 Sell 3 97,050 291,150 723,622 12/31/20
- - - Dec 14 Sell 3.6 4,999 17,996 197,273 12/14/20
- - - Dec 14 Sell 3.6 27,663 99,587 831,482 12/14/20
- - - Dec 09 Sell 3.81 40,462 154,160 852,436 12/09/20
- - - Dec 04 Sell 3.87 11,666 45,147 211,924 12/04/20