ICD
Price:
$0.5858
Market Cap:
$8.92M
Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of pad-optimal ShaleDriller rigs in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 24 rigs. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.[Read more]
Industry
Oil & Gas Drilling
IPO Date
2014-08-08
Stock Exchange
NYSE
Ticker
ICD
According to Independence Contract Drilling, Inc.’s latest financial reports and current stock price. The company's current ROE is -32.96%. This represents a change of 290.53% compared to the average of -8.44% of the last 4 quarters.
The mean historical ROE of Independence Contract Drilling, Inc. over the last ten years is -18.21%. The current -32.96% ROE has changed 80.94% with respect to the historical average. Over the past ten years (40 quarters), ICD's ROE was at its highest in in the December 2022 quarter at 1.61%. The ROE was at its lowest in in the December 2020 quarter at -17.45%.
Average
-18.21%
Median
-15.12%
Minimum
-39.12%
Maximum
-3.39%
Discovering the peaks and valleys of Independence Contract Drilling, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 763.17%
Maximum Annual ROE = -3.39%
Minimum Annual Increase = -71.54%
Minimum Annual ROE = -39.12%
Year | ROE | Change |
---|---|---|
2023 | -20.76% | -31.76% |
2022 | -30.42% | -10.97% |
2021 | -34.17% | -12.65% |
2020 | -39.12% | 113.40% |
2019 | -18.33% | 259.00% |
2018 | -5.11% | -50.51% |
2017 | -10.32% | 19.69% |
2016 | -8.62% | 154.63% |
2015 | -3.39% | -71.54% |
2014 | -11.90% | 763.17% |
The current ROE of Independence Contract Drilling, Inc. (ICD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-28.45%
5-year avg
-28.56%
10-year avg
-18.21%
Independence Contract Drilling, Inc.’s ROE is greater than Forum Energy Technologies, Inc. (-11.15%), greater than KLX Energy Services Holdings, Inc. (-280.00%), greater than Mammoth Energy Services, Inc. (-53.84%), less than Borr Drilling Limited (8.51%), less than Superior Drilling Products, Inc. (31.10%),
Company | ROE | Market cap |
---|---|---|
-11.15% | $174.55M | |
-280.00% | $75.37M | |
-53.84% | $136.68M | |
8.51% | $904.23M | |
31.10% | $30.70M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Independence Contract Drilling, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Independence Contract Drilling, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Independence Contract Drilling, Inc.'s ROE?
How is the ROE calculated for Independence Contract Drilling, Inc. (ICD)?
What is the highest ROE for Independence Contract Drilling, Inc. (ICD)?
What is the 3-year average ROE for Independence Contract Drilling, Inc. (ICD)?
What is the 5-year average ROE for Independence Contract Drilling, Inc. (ICD)?
How does the current ROE for Independence Contract Drilling, Inc. (ICD) compare to its historical average?