Independence Contract Profile


Odds of Distress

Analyze Filter    Fiscal Quarter End: December 31, 2019
Equity ratings for Independence Contract Drilling are calculated based on Macroaxis scoring framework. The performance scores are derived for the period starting September 12, 2019 and ending today December 11, 2019. Click here to learn more.

Independence Contract Profile

Next fiscal quarter end is expected on December 31, 2019. Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company was founded in 2011 and is headquartered in Houston, Texas. Independence Contract operates under Oil Gas Drilling classification in USA and is traded on BATS Exchange. It employs 900 people. more
Independence Contract Fama & French Petroleum and Natural Gas
Petroleum and Natural Gas
Fama & French Classification
Independence Contract SEC Filings
Independence Contract SEC Filings
Security & Exchange Commission EDGAR ReportsView All
NameIndependence Contract Drilling
PresidentAaron MuellerView All
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Energy, Oil & Gas Drilling
InstrumentUSA Stock View All
RegionNorth America
LocationTexas; U.S.A
Business Address20475 State Highway 249
ExchangeBATS Exchange
CIK Number0001537028
IndustryOil & Gas Drilling
Phone281 598 1230
CurrencyUSD - US Dollar
Next Fiscal Year EndDecember 31, 2020
Most Recent QuarterSeptember 30, 2019
Last Fiscal Year EndDecember 31, 2018
Date Short InterestNovember 15, 2019
Independence Contract Drilling (ICD) is traded on BATS Exchange in USA. It is located in 20475 State Highway 249 and employs 900 people. Independence Contract is listed under Petroleum and Natural Gas category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with total capitalization of 70.71 M. Independence Contract runs under Energy sector within Oil & Gas Drilling industry. The entity has 76.95 M outstanding shares of which 1.07 M shares are currently shorted by investors with about 3.0 days to cover shorted positions. Independence Cont has about 9.15 M in cash with 10.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Independence Contract Probability Of Bankruptcy

Ownership Allocation (%)

Independence Contract Target Price Odds Analysis

Odds Below 0.9101HorizonTargetOdds Above 0.9101
38.02%30 days 0.91 61.91%
Based on normal probability distribution, the odds of Independence Contract to move above current price in 30 days from now is about 61.91 (This Independence Contract Drilling probability density function shows the probability of Independence Contract Stock to fall within a particular range of prices over 30 days) .

Independence Contract Top Holders

Independence Contract Major Institutional Holders

InstituionSecurity TypeTotal SharesValue
Msd Partners LpCommon Shares18.8 M22.6 M
Msd Capital L PCommon Shares4.5 M5.4 M
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Independence Contract Drilling Income Statement Over Time

Direct Expenses    Earning Before Interest and Taxes EBIT    Net Income    

Independence Contract Key Fundamentals

Independence Contract Against Markets

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Independence Contract Upcoming and Recent Events

Independence Contract Company Earnings Announcements Dates

Upcoming Quarterly Earning ReportMarch 6, 2020
Next Earnings ReportMay 7, 2020
Next Fiscal Quarter EndDecember 31, 2019
Next Fiscal Year EndMarch 6, 2020
Last Quarter Report DateSeptember 30, 2019
Last Earning Anouncement DateDecember 31, 2018

Independence Contract Corporate Filings

Independence Contract SEC Reporting

Financial Statements and Exhibits. Regulation FD Disclosure. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Submission of Matters to a Vote of Security Holders
Unclassified Corporate Event
Regulation FD Disclosure
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