Stock ICD INDEPENDENCE CONTRACT DRILLING, INC.
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Company Independence Contract Drilling, Inc.

Equities

ICD

US4534156066

Oil & Gas Drilling

Market Closed - Nyse
Other stock markets
 01:40:00 30/04/2024 am IST 		5-day change 1st Jan Change
1.87 USD +0.54% Intraday chart for Independence Contract Drilling, Inc. -2.09% -23.67%
22/03 Independence Contract Drilling Engages Piper Sandler & Co. as Financial Advisor to Strategic Alternatives Committee CI
28/02 Transcript : Independence Contract Drilling, Inc., Q4 2023 Earnings Call, Feb 28, 2024

Business Summary

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 specifically engineered and designed to improve its clients production profiles. The Company'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 Company'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 Company'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.

Number of employees: 450

Sales per Business

USD in Million2022Weight2023Weight Delta
Dayrate Drilling
90.1 %
172 92.3 % 189 90.1 % +9.89%
Reimbursables
4.4 %
9 4.7 % 9 4.4 % +5.07%
Early Termination
2.8 %
- - 6 2.8 % -
Mobilization
2.4 %
5 2.5 % 5 2.4 % +8.54%
Capital Modification
0.2 %
1 0.4 % 0 0.2 % -52.22%
Other
0.1 %
0 0.0 % 0 0.1 % +175.61%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
187 100.0 % 210 100.0 % +12.53%

Managers

Managers TitleAgeSince
J. Anthony Gallegos CEO
 Chief Executive Officer 54 01/18/01
Philip Choyce FOU
 Founder 70 04/11/04
Philip Dalrymple COO
 Chief Operating Officer 45 01/13/01
Marc S. Noel SAM
 Sales & Marketing - -
Katherine Kokenes AUD
 Comptroller/Controller/Auditor - 01/13/01
Scott Keller PRN
 Corporate Officer/Principal - 01/18/01

Members of the board

Members of the board TitleAgeSince
James Minmier CHM
 Chairman 60 01/18/01
Stacy Nieuwoudt BRD
 Director/Board Member 44 19/21/19
Vincent Cebula BRD
 Director/Board Member 60 18/22/18
Brian D. Berman BRD
 Director/Board Member 56 17/23/17
J. Anthony Gallegos CEO
 Chief Executive Officer 54 01/18/01
Christopher Gleysteen BRD
 Director/Board Member 40 18/22/18
Robert Barrett BRD
 Director/Board Member 47 01/22/01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 15,364,033 13,312,864 ( 86.65 %) 97,260 ( 0.6330 %) 86.65 %

Shareholders

NameEquities%Valuation
MSD Partners LP
11.14 %
1,701,000 11.14 % 3 M $
MSD Partners LP
11.14 %
1,701,000 11.14 % 3 M $
Karlin Asset Management, Inc.
8.995 %
1,373,297 8.995 % 3 M $
John Gallegos
3.994 %
609,788 3.994 % 1 M $
Castleknight Management LP
3.541 %
540,554 3.541 % 1 M $
Tejara Capital Ltd.
3.504 %
534,944 3.504 % 994 996 $
William Monroe
3.499 %
534,259 3.499 % 993 722 $
FAIRFAX FINANCIAL HOLDINGS LIMITED
2.556 %
390,294 2.556 % 725 947 $
Vanguard Global Advisers LLC
2.505 %
382,382 2.505 % 711 231 $
Philip Choyce
1.978 %
301,925 1.978 % 561 581 $

Company contact information

Independence Contract Drilling, Inc.

20475 State Highway 249 Suite 300

77070, Houston

+

http://www.icdrilling.com
address Independence Contract Drilling, Inc.(ICD)

Sector

Energy
Energy - Fossil Fuels
Oil & Gas Related Equipment and Services
Oil & Gas Drilling
Other Oil & Gas Drilling

Sales per Business

Ratings for Independence Contract Drilling, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
1.86 USD
Average target price
4.5 USD
Spread / Average Target
+141.94%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Drilling

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