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Smart Investors Daily
IC

NYSE · ICD

Independence Contract Drilling, Inc.

Energy · Oil & Gas Drilling

$0.59

Down-$0.06 (-9.88%)

Updated Aug 13, 2026, 10:04 PM

SID Score

Composite research score

Smart Money

Institutional and insider signal

Market cap
8.92M
P/E ratio
-0.24
Dividend yield
0.00%
52-week range
— – —
Volume
317.48K
Avg. volume
92.41K

Price performance

ICD price history

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Latest ICD news

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ICD research

Overview

Company profile and research snapshot.

Company profile

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 in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 24 rigs. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
Implied upside
Analysts
ICD recent ratings
DateFirmRatingTarget
May 11, 2020Morgan StanleyEqual-Weight
May 11, 2020B. Riley FBRNeutral
Apr 8, 2020B. Riley FBRBuy
Mar 4, 2020B. Riley FBRBuy
Oct 7, 2019Morgan StanleyEqual-Weight
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Zacks Investment Research · Jul 31, 2023

Transocean (RIG) Reports Q2 Loss, Tops Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -25% and 3.26%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

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