ID

Independence Contract Drilling

ICDIQ
OTCEnergy
$0.03
USD
+0.00(0.00%)
At close: Apr 29, 20:00 UTC
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Market Snapshot

Market Cap

$417.6K

P/E Ratio

-0.0

EPS

-4.07

Revenue

$176.62M

Employees

450

Why ICDIQ moved

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About

Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. The company is headquartered in Houston, Texas and currently employs 450 full-time employees. The firm constructs, owns and operates a fleet of pad-optimal ShaleDriller rigs that are specifically engineered and designed to improve its clients production profiles. The firm's operations are focused on unconventional resource plays located in geographic regions that it can support from its Houston, Texas and Midland, Texas facilities. The firm's rig fleet includes approximately 26 pad-optimal, superspec AC powered (AC) rigs. Its rigs are operating in the Permian Basin and the Haynesville Shale. The firm's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as small to mid-sized publicly-traded and privately held oil and natural gas companies.

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