Independence Contract Drilling, Inc. (ICD): Price and Financial Metrics


Independence Contract Drilling, Inc. (ICD): $3.05

0.02 (+0.66%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ICD POWR Grades

  • Momentum is the dimension where ICD ranks best; there it ranks ahead of 97.8% of US stocks.
  • The strongest trend for ICD is in Stability, which has been heading up over the past 177 days.
  • ICD's current lowest rank is in the Growth metric (where it is better than 16.36% of US stocks).

ICD Stock Summary

  • With a price/sales ratio of 0.3, INDEPENDENCE CONTRACT DRILLING INC has a higher such ratio than only 9.63% of stocks in our set.
  • Revenue growth over the past 12 months for INDEPENDENCE CONTRACT DRILLING INC comes in at 120.54%, a number that bests 92.64% of the US stocks we're tracking.
  • INDEPENDENCE CONTRACT DRILLING INC's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -89.44%, greater than the shareholder yield of only 6.51% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to INDEPENDENCE CONTRACT DRILLING INC are GSAT, REI, RLJ, CYXT, and LPG.
  • ICD's SEC filings can be seen here. And to visit INDEPENDENCE CONTRACT DRILLING INC's official web site, go to www.icdrilling.com.

ICD Valuation Summary

  • In comparison to the median Energy stock, ICD's EV/EBIT ratio is 123.53% lower, now standing at -2.8.
  • Over the past 99 months, ICD's EV/EBIT ratio has gone up 71.7.

Below are key valuation metrics over time for ICD.

Stock Date P/S P/B P/E EV/EBIT
ICD 2022-09-23 0.3 0.2 -0.4 -2.8
ICD 2022-09-22 0.3 0.2 -0.4 -2.8
ICD 2022-09-21 0.3 0.2 -0.4 -2.8
ICD 2022-09-20 0.3 0.2 -0.4 -2.8
ICD 2022-09-19 0.3 0.2 -0.4 -2.8
ICD 2022-09-16 0.3 0.2 -0.4 -2.8

ICD Growth Metrics

    Its 5 year revenue growth rate is now at 139.89%.
  • Its 3 year net cashflow from operations growth rate is now at -122.78%.
  • Its 4 year price growth rate is now at -93.98%.
ICD's revenue has moved up $54,140,000 over the prior 70 months.

The table below shows ICD's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-06-30 129.9 -2.247 -97.373
2022-03-31 107.404 -4.95 -109.483
2021-12-31 87.955 -9.579 -66.712
2021-09-30 72.713 -14.508 -78.324
2021-06-30 58.902 -13.601 -89.221
2021-03-31 60.466 -9.094 -84.44

ICD's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ICD has a Quality Grade of D, ranking ahead of 11.22% of graded US stocks.
  • ICD's asset turnover comes in at 0.182 -- ranking 113th of 137 Petroleum and Natural Gas stocks.
  • PUMP, VVV, and PNRG are the stocks whose asset turnover ratios are most correlated with ICD.

The table below shows ICD's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.182 0.119 -0.124
2021-06-30 0.142 0.107 -0.142
2021-03-31 0.139 0.178 -0.128
2020-12-31 0.183 0.216 -0.146
2020-09-30 0.239 0.247 -0.129
2020-06-30 0.299 0.252 -0.118

ICD Price Target

For more insight on analysts targets of ICD, see our ICD price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $2.50 Average Broker Recommendation 2 (Hold)

ICD Stock Price Chart Interactive Chart >

Price chart for ICD

ICD Price/Volume Stats

Current price $3.05 52-week high $7.40
Prev. close $3.03 52-week low $2.42
Day low $3.05 Volume 3,526
Day high $3.10 Avg. volume 203,024
50-day MA $3.25 Dividend yield N/A
200-day MA $3.62 Market Cap 41.53M

Independence Contract Drilling, Inc. (ICD) Company Bio


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 ShaleDriller rigs to optimize the development of various oil and gas properties in the Permian Basin. The company was founded in 2011 and is based in Houston, Texas.


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Latest ICD News From Around the Web

Below are the latest news stories about INDEPENDENCE CONTRACT DRILLING INC that investors may wish to consider to help them evaluate ICD as an investment opportunity.

Independence Contract Drilling Awarded #1 Ranking for Service and Professionalism in EnergyPoint Research's Land Drilling Customer Satisfaction Survey for the Fifth Consecutive Year

Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) was recognized with the top ranking for service and professionalism in EnergyPoint Research's 2022 Land Drilling Customer Satisfaction Survey published August 25, 2022. This independent annual survey is the industry benchmark for measuring customer satisfaction across the land contract drilling industry and is comprised of thousands of in-depth evaluations.

Yahoo | August 29, 2022

Sidoti's August Micro-Cap Virtual Conference

Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day August Micro-Cap Conference taking place Wednesday and Thursday, August 17-18, 2022.

Yahoo | August 16, 2022

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on August 17-18, 2022

Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) announced that Anthony Gallegos, President and Chief Executive Officer, will be virtually presenting and holding one-on-one meetings at the Sidoti Micro-Cap Conference on August 17-18, 2022.

Yahoo | August 16, 2022

Independence Contract Drilling to Present at EnerCom Denver

Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) announced that Anthony Gallegos, President and Chief Executive Officer, will be presenting at EnerCom Denver on Monday August 8, 2022 at 3:45 pm MDT. Interested parties can listen to the webcast by registering at the following URL:

Yahoo | August 5, 2022

When Will Independence Contract Drilling, Inc. (NYSE:ICD) Become Profitable?

We feel now is a pretty good time to analyse Independence Contract Drilling, Inc.'s ( NYSE:ICD ) business as it appears...

Yahoo | August 5, 2022

Read More 'ICD' Stories Here

ICD Price Returns

1-mo -4.98%
3-mo 1.33%
6-mo -23.94%
1-year -4.39%
3-year -86.01%
5-year -96.17%
YTD 1.67%
2021 2.04%
2020 -85.25%
2019 -68.05%
2018 -21.61%
2017 -40.60%

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