Independence Contract Drilling, Inc. released its earnings results on Oct 29, 2024. The company reported -$1.273 earnings per share for the quarter, missing the consensus estimate of -$0.94 by -$0.333.

Q: Is Independence Contract Drilling, Inc. overvalued?

According to Wall Street analysts Independence Contract Drilling, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Q: How many shares outstanding does Independence Contract Drilling, Inc. have?

Independence Contract Drilling, Inc. has 15,142,611 shares outstanding.

Q: What happened to Independence Contract Drilling, Inc.’s price movement after its last earnings report?

Independence Contract Drilling, Inc. reported an EPS of -$1.273 in its last earnings report, missing expectations of -$0.94. Following the earnings report the stock price went same 0%.

Q: Which hedge fund is a major shareholder of Independence Contract Drilling, Inc.?

Among the largest hedge funds holding Independence Contract Drilling, Inc.’s share is Fairfax Financial Holdings Ltd. It holds Independence Contract Drilling, Inc.’s shares valued at 0.

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ICDIQ Stock Chart & Stats

Advanced Chart >

Day’s Range― - ―

52-Week Range<$0.01 - $2.28

Previous CloseN/A

Volume112.31K

Average Volume (3M)203.88K

Market Cap

$394.46K

Enterprise Value$182.65M

Total Cash (Recent Filing)$7.07M

Total Debt (Recent Filing)$26.08M

Price to Earnings (P/E)―

Beta3.16

Next Earnings

Feb 28, 2025

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-4.89

Shares Outstanding15,142,611

10 Day Avg. Volume167,430

30 Day Avg. Volume203,885

Standard Deviation0.66

R-Squared0.16

Alpha-0.06

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)0.00

Price to Cash Flow (P/CF)0.00

P/FCF Ratio0.00

Enterprise Value/Market Cap463.03

Enterprise Value/Revenue1.05

Enterprise Value/Gross Profit5.03

Enterprise Value/Ebitda-4.90

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

Financials

Annual

Income Statement >

Options Prices

Currently, No data available

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Ownership Overview

21.18% Insiders

0.63% Mutual Funds

17.24% Other Institutional Investors

60.94% Public Companies and

Individual Investors

Detailed Ownership Overview >

ICDIQ FAQ

What was Independence Contract Drilling, Inc.’s price range in the past 12 months?

Independence Contract Drilling, Inc. lowest stock price was <$0.01 and its highest was $2.28 in the past 12 months.

What is Independence Contract Drilling, Inc.’s market cap?

Independence Contract Drilling, Inc.’s market cap is $394.46K.

When is Independence Contract Drilling, Inc.’s upcoming earnings report date?

Independence Contract Drilling, Inc.’s upcoming earnings report date is Feb 28, 2025 which is in 41 days.

How were Independence Contract Drilling, Inc.’s earnings last quarter?

Independence Contract Drilling, Inc. released its earnings results on Oct 29, 2024. The company reported -$1.273 earnings per share for the quarter, missing the consensus estimate of -$0.94 by -$0.333.

Is Independence Contract Drilling, Inc. overvalued?

According to Wall Street analysts Independence Contract Drilling, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Independence Contract Drilling, Inc. pay dividends?

Independence Contract Drilling, Inc. does not currently pay dividends.

What is Independence Contract Drilling, Inc.’s EPS estimate?

Independence Contract Drilling, Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Independence Contract Drilling, Inc. have?

Independence Contract Drilling, Inc. has 15,142,611 shares outstanding.

What happened to Independence Contract Drilling, Inc.’s price movement after its last earnings report?

Independence Contract Drilling, Inc. reported an EPS of -$1.273 in its last earnings report, missing expectations of -$0.94. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Independence Contract Drilling, Inc.?

Among the largest hedge funds holding Independence Contract Drilling, Inc.’s share is Fairfax Financial Holdings Ltd. It holds Independence Contract Drilling, Inc.’s shares valued at 0.

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Company Description

Independence Contract Drilling, Inc.

Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. It involves in owning an established rig manufacturing business and proprietary rig designs. The company was founded by Philip A. Choyce and Byron A. Dunn on November 4, 2011 and is headquartered in Houston, TX.

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ICDIQ Earnings Call

Q1 2024

0:00 / 0:00

Earnings Call Sentiment|Neutral

The earnings call indicates a mixed performance with notable achievements in cost control and utilization in the Permian market. However, challenges in the Haynesville market and lower dayrate revenues present ongoing issues. Despite the adjusted net loss, the company shows optimism for future growth opportunities.Read More>

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