STOCK TITAN
  1. Home
  2. News
  3. ICD

Independence Contract Drilling, Inc. - ICD STOCK NEWS

Welcome to our dedicated page for Independence Contract Drilling news (Ticker: ICD), a resource for investors and traders seeking the latest updates and insights on Independence Contract Drilling stock.

Independence Contract Drilling, Inc. (ICD) delivers premium land drilling services through advanced ShaleDriller rigs and programmable AC technology. This news hub provides timely updates on operational milestones, technical innovations, and strategic developments critical to energy sector stakeholders.

Access comprehensive coverage of ICD's earnings reports, partnership announcements, and drilling efficiency advancements. Investors and industry professionals will find verified press releases detailing the company's vertical integration model and global operations across US shale plays and international markets.

Our curated news collection ensures transparent access to ICD's progress in AC-driven drilling solutions and cost optimization strategies. Bookmark this page for reliable updates on technological breakthroughs and market positioning within the oil and gas sector.

News

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 2023

Rhea-AI Summary
ICD: Independence Contract Drilling Announces Participation in Sidoti Micro-Cap Conference, Virtual Presentation by CEO and CFO on November 15-16, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
conferences
-
News

Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q3 2023

Rhea-AI Summary
Stonegate Capital Partners updates coverage on Independence Contract Drilling, Inc. $5.0M of convertible notes redeemed at par. Rig reactivations in progress. 3% year-over-year Adj EBITDA growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
earnings
-
News

Independence Contract Drilling, Inc. Reports Financial Results for the Third Quarter Ended September 30, 2023

Rhea-AI Summary
Independence Contract Drilling (ICD) reported financial results for Q3 2023, with a net loss of $7.6 million and adjusted EBITDA of $12.9 million. The company saw increased opportunities for rig reactivations in Q4 2023 and is pursuing additional contracts. ICD made progress in debt reduction and repaid $5.0 million of principal on convertible notes. Operating days decreased by 10% compared to Q2 2023, and operating revenues totaled $44.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.49%
Tags
earnings
News

Independence Contract Drilling to Present at the Emerging Growth Conference on November 2, 2023

Rhea-AI Summary
Independence Contract Drilling, Inc. (ICD) announced that Anthony Gallegos, President and CEO, will be presenting at the Emerging Growth Conference on November 2, 2023. Interested parties can register for the real-time presentation and access updates through a provided link. An archived webcast will be available on EmergingGrowth.com and the Company's investor relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.84%
Tags
conferences acquisition
-
News

Independence Contract Drilling, Inc. Announces Timing of Third Quarter 2023 Financial Results and Conference Call

Rhea-AI Summary
Independence Contract Drilling, Inc. (ICD) will release its Q3 2023 results on November 1, 2023. A conference call for investors will follow to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
earnings
-
News

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on August 16, 2023

Rhea-AI Summary
Independence Contract Drilling, Inc. (ICD) to present at Sidoti Micro-Cap Conference on August 16, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
conferences
News

Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q2 2023

Rhea-AI Summary
Stonegate Capital Partners updates coverage on Independence Contract Drilling, Inc. $5.0M of convertible notes redeemed at par. More rig conversions in progress. 102.2% year-over-year Adj EBITDA growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
earnings
-
News

Independence Contract Drilling, Inc. Reports Financial Results for the Second Quarter Ended June 30, 2023

Rhea-AI Summary
Independence Contract Drilling reports Q2 2023 financial results, with a net loss of $4.2 million and adjusted EBITDA of $18.7 million. CEO Anthony Gallegos expects improvements in the third quarter and plans for rig reactivations in Q4.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.77%
Tags
earnings
-
News

Independence Contract Drilling, Inc. Announces Timing of Second Quarter 2023 Financial Results and Conference Call

Rhea-AI Summary
Independence Contract Drilling, Inc. will release its Q2 2023 results on August 3, followed by a conference call for investors. The call can be accessed via telephone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
earnings
News

Independence Contract Drilling to Present at the Emerging Growth Conference on June 14, 2023

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
conferences acquisition
Stock ICD logo
Independence Contract Drilling, Inc.

NYSE:ICD

ICD Rankings

N/A Ranked by Market Cap
N/A Ranked by Dividends

ICD Stock Data

8.92M
15.22M
12.19%
32.69%
3.84%
Oil & Gas Drilling
Drilling Oil & Gas Wells
Link
United States
HOUSTON