Login

Financial Snapshot

Revenue
TTM
$173.8M
Gross Margin
TTM
30.82%
Net Income
TTM
-$70.15M
Current Assets
2024 Q3
Current Liabilities
2024 Q3
Current Ratio
2024 Q3
76.46%
Total Assets
2024 Q3
Total Liabilities
2024 Q3
Book Value
2024 Q3
140.1M
Cash
2024 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$3.604M

Stock Price

Loading...
Market Cap: $6.77 Million

About Independence Contract Drilling, Inc.

Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. The company is headquartered in Houston, Texas and currently employs 450 full-time employees. The company went IPO on 2014-04-21. The firm constructs, owns and operates a fleet of pad-optimal ShaleDriller rigs that are specifically engineered and designed to improve its clients production profiles. The firm's operations are focused on unconventional resource plays located in geographic regions that it can support from its Houston, Texas and Midland, Texas facilities. The firm's rig fleet includes approximately 26 pad-optimal, superspec AC powered (AC) rigs. Its rigs are operating in the Permian Basin and the Haynesville Shale. The firm's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as small to mid-sized publicly-traded and privately held oil and natural gas companies.

Industry: Drilling Oil & Gas Wells Peers: Agassi Sports Entertainment Corp DIAMOND OFFSHORE DRILLING, INC. Helmerich and Payne Inc U.S. WELL SERVICES HOLDINGS, LLC Noble Corp PARKER DRILLING CO /DE/ VANTAGE DRILLING INTERNATIONAL

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support