Independence Contract Drilling Inc

General ticker "ICD" information:

  • Sector: Energy
  • Industry: Energy Equipment & Services
  • Capitalization: $7.0M

Independence Contract Drilling Inc does not follow the US Stock Market performance with the rate: -44.1%.

Estimated limits based on current volatility of 6.2%: low 0.25$, high 0.31$

Factors to consider:

  • Earnings for 6 months up through Q2 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2023-12-31 to 2025-12-30

  • 2023-12-31 to 2024-12-30 estimated range: [1.31$, 2.81$]
  • 2024-12-30 to 2025-12-30 estimated range: [0.78$, 2.13$]

Financial Metrics affecting the ICD estimates:

  • Negative: Operating Income to Revenue ratio of -0.02 <= 0.01
  • Negative: Non-GAAP EPS of -0.91 <= 0.11
  • Negative: negative Net Income
  • Positive: Operating Cash Flow per share of 4.35 > 3.72
  • Positive: 0.01 < Industry Earnings per Price (median) of 0.04
  • Positive: 1.25 < Industry Operating Cash Flow per share (median) of 1.85
  • Positive: 0.06 < Industry Operating Income to Revenue ratio (median) of 0.07

Similar symbols

Short-term ICD quotes

Long-term ICD plot with estimates

Financial data

YTD 2021-12-31 2022-12-31 2023-12-31
Operating Revenue $88.20MM $186.91MM $210.07MM
Operating Expenses $131.31MM $189.00MM $213.78MM
Operating Income $-43.12MM $-2.10MM $-3.72MM
Non-Operating Income $-5.07MM $-69.42MM $-35.95MM
Interest Expense $15.19MM $29.57MM $35.95MM
Income(Loss) $-48.18MM $-71.52MM $-39.67MM
Taxes $18.53MM $-6.20MM $-1.98MM
Profit(Loss) $-66.71MM $-65.32MM $-37.70MM
Stockholders Equity $195.23MM $214.71MM $181.58MM
Assets $397.10MM $429.71MM $394.68MM
Operating Cash Flow $-9.58MM $28.58MM $61.02MM
Investing Cash Flow $-14.38MM $-38.30MM $-36.22MM
Financing Cash Flow $15.82MM $10.91MM $-24.57MM
Earnings Per Share* $-8.89 $-5.01 $-2.69

* EPS are Split Adjusted, recent splits may be reflected with a delay.