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25 items- SECIndependence Contract Drilling Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits8-K - Independence Contract Drilling, Inc. (0001537028) (Filer)
- SECIndependence Contract Drilling Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits8-K - Independence Contract Drilling, Inc. (0001537028) (Filer)
- 13D/GAmendment: SEC Form SC 13D/A filed by Independence Contract Drilling Inc.SC 13D/A - Independence Contract Drilling, Inc. (0001537028) (Subject)
- 13D/GAmendment: SEC Form SC 13D/A filed by Independence Contract Drilling Inc.SC 13D/A - Independence Contract Drilling, Inc. (0001537028) (Subject)
- SECSEC Form 25-NSE filed by Independence Contract Drilling Inc.25-NSE - Independence Contract Drilling, Inc. (0001537028) (Subject)
- PRIndependence Contract Drilling, Inc. Announces Commencement of Trading on the OTCQX Best Market under the Symbol ICDI Effective August 29, 2024HOUSTON, Aug. 28, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") announced today the expected move of trading of the Company's Common Stock to the OTCQX Best Market from the New York Stock Exchange ("NYSE"). The Common Stock is expected to begin trading on the OTCQX Best Market under ticker symbol "ICDI" upon the opening of trading on August 29, 2024. The move from the NYSE is precipitated from the Company's average market capitalization, or total trading value, falling below the $15 million threshold over a 30 trading-day period that is required to remain in compliance with the NYSE's listing standards. Existing stockholders will find the Company's comm
- INSIDERDirector Nieuwoudt Stacy Durbin returned 33,334 shares to the company, decreasing direct ownership by 35% to 62,815 units (SEC Form 4)4 - Independence Contract Drilling, Inc. (0001537028) (Issuer)
- SECSEC Form 10-Q filed by Independence Contract Drilling Inc.10-Q - Independence Contract Drilling, Inc. (0001537028) (Filer)
- SECIndependence Contract Drilling Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits8-K - Independence Contract Drilling, Inc. (0001537028) (Filer)
- PRIndependence Contract Drilling, Inc. Reports Financial Results for the Second Quarter Ended June 30, 2024HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE:ICD) today reported financial results for the three months ended June 30, 2024. Second quarter 2024 Highlights Net loss of $16.7 million, or $1.15 per shareAdjusted net loss, as defined below, of $10.6 million, or $0.73 per shareAdjusted EBITDA, as defined below, of $8.5 million, representing a 28% sequential decreaseAdjusted net debt, as defined below, of $196.7 million, representing a 3% sequential increase14.5 average rigs working during the quarter, representing a 4% sequential decreaseFully burdened margin per day of $9,675, representing a 18% sequential decreaseIn the second quarte
- 13D/GAmendment: SEC Form SC 13D/A filed by Independence Contract Drilling Inc.SC 13D/A - Independence Contract Drilling, Inc. (0001537028) (Subject)
- NEWSPeering Into Independence Contract's Recent Short InterestIndependence Contract's (NYSE:ICD) short percent of float has fallen 3.79% since its last report. The company recently reported that it has 537 thousand shares sold short, which is 4.31% of all regular shares that are available for trading. Based on its trading volume, it would take traders 18.89 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short
- 13D/GAmendment: SEC Form SC 13D/A filed by Independence Contract Drilling Inc.SC 13D/A - Independence Contract Drilling, Inc. (0001537028) (Subject)
- INSIDERDirector Barrett Robert J. Iv converted options into 6,837 shares, increasing direct ownership by 10% to 75,961 units (SEC Form 4)4 - Independence Contract Drilling, Inc. (0001537028) (Issuer)
- INSIDERSEC Form 4 filed by Msd Partners, L.P.4 - Independence Contract Drilling, Inc. (0001537028) (Issuer)
- SECIndependence Contract Drilling Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits8-K - Independence Contract Drilling, Inc. (0001537028) (Filer)
- SECSEC Form 10-Q filed by Independence Contract Drilling Inc.10-Q - Independence Contract Drilling, Inc. (0001537028) (Filer)
- NEWSIndependence Contract Q1 2024 Adj EPS $(0.50) Misses $(0.48) Estimate, Sales $46.636M Beat $41.636M EstimateIndependence Contract (NYSE:ICD) reported quarterly losses of $(0.50) per share which missed the analyst consensus estimate of $(0.48) by 4.17 percent. This is a 457.14 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $46.636 million which beat the analyst consensus estimate of $41.636 million by 12.01 percent. This is a 26.85 percent decrease over sales of $63.756 million the same period last year.
- SECIndependence Contract Drilling Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - Independence Contract Drilling, Inc. (0001537028) (Filer)
- PRIndependence Contract Drilling, Inc. Reports Financial Results for the First Quarter Ended March 31, 2024HOUSTON, May 1, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE:ICD) today reported financial results for the three months ended March 31, 2024. First quarter 2024 Highlights Net loss of $9.0 million, or $0.62 per shareAdjusted net loss, as defined below, of $7.3 million, or $0.50 per shareAdjusted EBITDA, as defined below, of $11.8 millionAdjusted net debt, as defined below, of $190.3 million15.1 average rigs working during the quarterFully burdened margin per day of $11,829In the first quarter of 2024, the Company reported revenues of $46.6 million, net loss of $9.0 million, or $0.62 per share, adjusted net loss (defined below) of $7.3 million, or $
- SECSEC Form DEF 14A filed by Independence Contract Drilling Inc.DEF 14A - Independence Contract Drilling, Inc. (0001537028) (Filer)
- PRIndependence Contract Drilling, Inc. Announces Timing of First Quarter 2024 Financial Results and Conference CallHOUSTON, April 23, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE:ICD) today announced that it will release its first quarter 2024 results before the New York Stock Exchange opens on Wednesday, May 1, 2024. This release will be followed by a conference call for investors at 11:00 a.m. Central Time (12:00 p.m. Eastern Time) to discuss the Company's first quarter 2024 results. The call can be accessed live over the telephone by dialing (855) 239-3115 or for international callers, (412) 542-4125. A replay will be available shortly after the call and can be accessed by dialing (877) 344-7529 or for international callers, (412) 317-0088. The passcode for the rep
- NEWSIndependence Contract Drilling, Inc. Engages Piper Sandler & Co. As Financial Advisor To Strategic Alternatives CommitteeIndependence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE:ICD) previously disclosed that ICD's Board of Directors ("Board") has initiated a formal review process to begin evaluating alternatives with respect to refinancing its convertible notes and other strategic opportunities and formed a committee of independent directors for that purpose. Today, ICD is announcing that the Strategic Alternatives Committee of the Board has engaged Piper Sandler & Co. as financial advisor to the committee to assist in this evaluation process.There can be no assurance that this process or evaluation will result in one or more transactions or any particular transaction or strategic outcome. The Co
- PRINDEPENDENCE CONTRACT DRILLING, INC. ENGAGES PIPER SANDLER & CO. AS FINANCIAL ADVISOR TO STRATEGIC ALTERNATIVES COMMITTEEHOUSTON, March 21, 2024 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE:ICD) previously disclosed that ICD's Board of Directors ("Board") has initiated a formal review process to begin evaluating alternatives with respect to refinancing its convertible notes and other strategic opportunities and formed a committee of independent directors for that purpose. Today, ICD is announcing that the Strategic Alternatives Committee of the Board has engaged Piper Sandler & Co. as financial advisor to the committee to assist in this evaluation process. There can be no assurance that this process or evaluation will result in one or more transactions or any particular
- INSIDERGallegos John A. Jr. was granted 3,994 shares, increasing direct ownership by 2% to 209,070 units (SEC Form 4) (Amendment)4/A - Independence Contract Drilling, Inc. (0001537028) (Issuer)