ICD Stock Recent News

HOUSTON , Aug. 28, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") announced today the expected move of trading of the Company's Common Stock to the OTCQX Best Market from the New York Stock Exchange ("NYSE").  The Common Stock is expected to begin trading on the OTCQX Best Market under ticker symbol "ICDI" upon the opening of trading on August 29, 2024.

Dallas, Texas--(Newsfile Corp. - August 9, 2024) - Independence Contract Drilling, Inc. (NYSE: ICD) Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc. (NYSE: ICD). To view the full announcement, including downloadable images, bios, and more, click here.

Independent Contract Drilling (ICD) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to loss of $0.07 per share a year ago.

HOUSTON , Aug. 7, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today reported financial results for the three months ended June 30, 2024. Second quarter 2024 Highlights Net loss of $16.7 million, or $1.15 per share Adjusted net loss, as defined below, of $10.6 million, or $0.73 per share Adjusted EBITDA, as defined below, of $8.5 million, representing a 28% sequential decrease Adjusted net debt, as defined below, of $196.7 million, representing a 3% sequential increase 14.5 average rigs working during the quarter, representing a 4% sequential decrease Fully burdened margin per day of $9,675, representing a 18% sequential decrease In the second quarter of 2024, the Company reported revenues of $43.3 million, net loss of $16.7 million, or $1.15 per share, adjusted net loss (defined below) of $10.6 million, or $0.73 per share, and adjusted EBITDA (defined below) of $8.5 million.

ICD-10-PCS code for first to market, FDA-cleared thin-film, sEEG-guided RF ablation system effective October 1, 2024

Independence Contract Drilling, Inc. (NYSE:ICD ) Q1 2024 Results Conference Call May 1, 2024 12:00 PM ET Company Participants Philip Choyce - Executive Vice President and CFO Anthony Gallegos - President and CEO Conference Call Participants Alex Hantman - Sidoti & Co. Don Crist - Johnson Rice David Storms - Stonegate Capital Operator Good day, and welcome to the Independence Contract Drilling, Inc. First Quarter 2024 Financial Results and Conference Call. [Operator Instructions] Please note, this event is being recorded.

HOUSTON , April 23, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that it will release its first quarter 2024 results before the New York Stock Exchange opens on Wednesday, May 1, 2024. This release will be followed by a conference call for investors at 11:00 a.m.

Independent Contract Drilling (ICD) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to loss of $0.01 per share a year ago.

HOUSTON , Feb. 20, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today announced that it will release its fourth quarter and year end 2023 results before the New York Stock Exchange opens on Wednesday, February 28, 2024. This release will be followed by a conference call for investors at 11:00 a.m.

HOUSTON , Nov. 10, 2023 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) announced that Anthony Gallegos, President and Chief Executive Officer, and Philip Choyce, Executive Vice President & Chief Financial Officer, will be virtually presenting and holding one-on-one meetings at the Sidoti Micro-Cap Conference on November 15 and 16, 2023.  The virtual presentation will be webcast at 12:15pm eastern standard time on Wednesday, November 15, 2023 and can be accessed live at https://sidoti.zoom.us/webinar/register/WN_c1FXM1ijQpCTxSz1zKlwqA#/registration.