Stonegate Updates Coverage on Independence Contract Drilling, Inc. (ICD) 2Q24

Rhea-AI Summary

Stonegate Capital Partners has updated its coverage on Independence Contract Drilling, Inc. (NYSE: ICD), a land-based contract drilling services provider for the oil and gas industry. The update, released on August 9, 2024, focuses on ICD's performance in the second quarter of 2024. While specific details of the coverage update are not provided in the press release, such reports typically include financial analysis, market positioning, and future outlook for the company. Investors and analysts often rely on these updates to make informed decisions about the stock.

News Market Reaction

+21.06%

1 alert

+21.06% News Effect

On the day this news was published, ICD gained 21.06%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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.

Click image above to view full announcement.

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About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219511

FAQ

What did Stonegate Capital Partners announce about Independence Contract Drilling (ICD) on August 9, 2024?

Stonegate Capital Partners announced an update to their coverage on Independence Contract Drilling, Inc. (NYSE: ICD) on August 9, 2024, focusing on the company's performance in the second quarter of 2024.

What is the stock symbol for Independence Contract Drilling?

The stock symbol for Independence Contract Drilling is ICD, and it is listed on the New York Stock Exchange (NYSE).

What industry does Independence Contract Drilling (ICD) operate in?

Independence Contract Drilling (ICD) operates in the oil and gas industry, providing land-based contract drilling services.

When was the latest Stonegate Capital Partners coverage update for ICD released?

The latest Stonegate Capital Partners coverage update for Independence Contract Drilling (ICD) was released on August 9, 2024.