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Independence Contract Drilling, Inc. - ICD STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Independence Contract Drilling's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Independence Contract Drilling's position in the market.

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
-
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
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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
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
-
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
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
conferences acquisition
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.48%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.01%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
management
Independence Contract Drilling, Inc.

NYSE:ICD

ICD Rankings

ICD Stock Data

28.24M
11.34M
12.8%
38.51%
3.66%
Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About ICD

corporate overview independence contract drilling was formed in 2011 as a vertically integrated premium land drilling services provider. from its wholly owned api certified manufacturing facility in houston, texas independence contract drilling provides e&p operators the shaledriller series rigs. these rigs are fast moving, programmable ac rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. the shaledriller is based on a proven rig design with units operating in all major us shale plays as well as africa, indonesia and asia. driven by superior design characteristics, shaledriller rigs provide a compelling value proposition to our customers. the fine control of key drilling parameters offered by shaledriller proprietary ac software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with dc equipment. combined with the shaledrill