Independence Contract Company Insiders
| ICD Stock | USD 1.90 0.01 0.53% |
About 77 percent of Independence Contract's insiders are selling. The analysis of insiders' sentiment of trading Independence Contract Drilling stock suggests that quite a large number of insiders are terrified at this time. Independence Contract employs about 450 people. The company is managed by 28 executives with a total tenure of roughly 193 years, averaging almost 6.0 years of service per executive, having 16.07 employees per reported executive.
| Anthony Gallegos CEO CEO, Director |
| Byron Dunn CEO CEO and Director |
Independence Contract's Insider Buying Vs Selling
23
Selling | Buying |
Latest Trades
| 2022-12-21 | Msd Capital L P | Disposed 57177 @ 2.96 | View | ||
| 2022-12-19 | Msd Capital L P | Disposed 15060 @ 3.02 | View | ||
| 2022-12-13 | Msd Partners, L.P. | Disposed 7810 @ 3.2 | View | ||
| 2022-11-04 | William Monroe | Disposed 90000 @ 3.73 | View | ||
| 2022-10-26 | William Monroe | Disposed 57500 @ 3.81 | View | ||
| 2022-10-17 | William Monroe | Disposed 35241 @ 3.09 | View | ||
| 2022-10-07 | William Monroe | Disposed 105000 @ 3.46 | View | ||
| 2022-09-26 | Daniel F Mcnease | Acquired 8450 @ 2.81 | View | ||
| 2022-09-12 | William Monroe | Disposed 45000 @ 3.18 | View | ||
| 2022-09-09 | William Monroe | Disposed 105000 @ 3.1 | View | ||
| 2022-08-29 | William Monroe | Disposed 20000 @ 3.56 | View | ||
| 2022-08-25 | William Monroe | Disposed 55000 @ 3.61 | View | ||
| 2022-08-23 | William Monroe | Disposed 77500 @ 3.49 | View | ||
| 2022-08-11 | William Monroe | Disposed 22500 @ 3.52 | View | ||
| 2022-02-07 | William Monroe | Acquired 30000 @ 3.1 | View | ||
| 2022-02-04 | William Monroe | Acquired 70000 @ 3.2 | View | ||
| 2022-01-24 | William Monroe | Acquired 180000 @ 3.2 | View |
Monitoring Independence Contract's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
Independence |
Independence Contract Management Team Effectiveness
The company has Return on Asset of 0.017 % which means that on every $100 spent on assets, it made $0.017 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1903) %, meaning that it generated no profit with money invested by stockholders. Independence Contract's management efficiency ratios could be used to measure how well Independence Contract manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.03, whereas Return On Tangible Assets are forecasted to decline to (0.08). At present, Independence Contract's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 1.2 M, whereas Non Current Assets Total are forecasted to decline to about 359.9 M.The current year's Common Stock Shares Outstanding is expected to grow to about 14.7 M, whereas Net Loss is forecasted to decline to (61.7 M).
Independence Contract Workforce Comparison
Independence Contract Drilling is rated fifth overall in number of employees category among related companies. The total workforce of Energy industry is currently estimated at about 6,661. Independence Contract holds roughly 450 in number of employees claiming about 7% of equities under Energy industry.
The company has Net Profit Margin of (0.18) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.06) %, which entails that for every $100 of revenue, it lost $0.06. Independence Contract Insider Trading
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independence Contract insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independence Contract's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Independence Contract insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Independence Contract Notable Stakeholders
An Independence Contract stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Independence Contract often face trade-offs trying to please all of them. Independence Contract's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Independence Contract's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Anthony Gallegos | CEO, Director | Profile | |
| John Gallegos | CEO President | Profile | |
| Byron Dunn | CEO and Director | Profile | |
| J Gallegos | President, Chief Executive Officer, Director | Profile | |
| Thomas Bates | Independent Chairman of the Board | Profile | |
| Daniel McNease | Independent Chairman of the Board | Profile | |
| Aaron Mueller | Vice President - Health, Safety and Environmental | Profile | |
| Philip Dalrymple | Senior Vice President - Operations | Profile | |
| Edward Jacob | COO, Executive Vice President | Profile | |
| Katherine Kokenes | Chief Accounting Officer, Vice President | Profile | |
| Philip Choyce | Chief Financial Officer, Executive Vice President | Profile | |
| David Brown | Senior Vice President - Construction and Engineering | Profile | |
| Michael Harwell | Chief Accounting Officer, Vice President - Finance | Profile | |
| Scott Keller | Senior Vice President - Business Development | Profile | |
| Christopher Menefee | Senior Vice President - Business Development | Profile | |
| Scott Thompson | Sr. VP of HR and Admin. | Profile | |
| Tighe Noonan | Director | Profile | |
| Matthew Fitzgerald | Independent Director | Profile | |
| James Crandell | Independent Director | Profile | |
| Adam Piekarski | Director | Profile | |
| James Minmier | Independent Director | Profile | |
| Arthur Einav | Director | Profile | |
| Christopher Gleysteen | Director | Profile | |
| Travis Fitts | Senior Vice President - HR & HS&E | Profile | |
| Marc Noel | Vice President of Sales and Marketing | Profile | |
| Stacy Nieuwoudt | Independent Director | Profile | |
| Vincent Cebula | Director | Profile | |
| J Thompson | Senior Vice President - Human Resources and Administration | Profile |
About Independence Contract Management Performance
The success or failure of an entity such as Independence Contract often depends on how effective the management is. Independence Contract management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Independence management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Independence management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.07) | (0.08) | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | (0.07) | (0.08) | |
| Return On Equity | (0.21) | (0.22) |
The data published in Independence Contract's official financial statements usually reflect Independence Contract's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Independence Contract. For example, before you start analyzing numbers published by Independence accountants, it's critical to develop an understanding of what Independence Contract's liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Independence Contract's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independence Contract's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Independence Contract's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Independence Contract Drilling. Please utilize our Beneish M Score to check the likelihood of Independence Contract's management manipulating its earnings.
Independence Contract Workforce Analysis
Traditionally, organizations such as Independence Contract use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Independence Contract within its industry.Independence Contract Manpower Efficiency
Return on Independence Contract Manpower
| Revenue Per Employee | 466.9K | |
| Revenue Per Executive | 7.5M | |
| Net Loss Per Employee | 83.8K | |
| Net Loss Per Executive | 1.3M | |
| Working Capital Per Employee | 6.6K | |
| Working Capital Per Executive | 106.8K |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Contract Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Independence Contract information on this page should be used as a complementary analysis to other Independence Contract's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Independence Contract's price analysis, check to measure Independence Contract's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Contract is operating at the current time. Most of Independence Contract's value examination focuses on studying past and present price action to predict the probability of Independence Contract's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Contract's price. Additionally, you may evaluate how the addition of Independence Contract to your portfolios can decrease your overall portfolio volatility.
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Is Independence Contract's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independence Contract. If investors know Independence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independence Contract listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.69) | Revenue Per Share 14.995 | Quarterly Revenue Growth (0.24) | Return On Assets 0.017 | Return On Equity (0.19) |
The market value of Independence Contract is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Contract's value that differs from its market value or its book value, called intrinsic value, which is Independence Contract's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independence Contract's market value can be influenced by many factors that don't directly affect Independence Contract's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independence Contract's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Contract is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Contract's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.