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 that are engineered and designed to accelerate its clients' production profiles and cash flows from their technically demanding and economically impactful oil and gas properties in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 29 rigs. The company was founded in 2011 and is headquartered in Houston, Texas.
IPO Year: 2014
Exchange: NYSE
Website: icdrilling.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/22/2022 | $7.00 | Hold → Buy | Johnson Rice |