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Independence Contract Drilling Inc (ICD.N)

ICD.N on New York Stock Exchange

3.62USD
21 Sep 2017
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$-0.09 (-2.43%)
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Latest Key Developments (Source: Significant Developments)

Independence Contract Drilling Q2 loss per share $0.17
Thursday, 27 Jul 2017 06:30am EDT 

July 27 (Reuters) - Independence Contract Drilling Inc :Independence Contract Drilling Inc reports financial results for the second quarter ended June 30, 2017.Q2 loss per share $0.17.Q2 revenue $21.3 million versus I/B/E/S view $21.2 million.Q2 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S.Q2 adjusted loss per share $0.13.Independence Contract Drilling Inc says currently have co's entire fleet contracted.Independence Contract Drilling Inc- believe U.S. fleet of pad-optimal rigs has reached full utilization, dayrates improved to high teens - low $20,000/day range.  Full Article

Independence Contract Drilling says amended, restated existing credit facility - SEC Filing
Monday, 17 Jul 2017 12:58pm EDT 

July 17 (Reuters) - Independence Contract Drilling Inc ::On July 14, amended, restated existing credit facility with a syndicate of financial institutions led by CIT Finance.Second A&R Credit Facility maintains aggregate commitments at $85 million, extends maturity date to Nov 5, 2020 - SEC Filing.Second A&R Credit Facility provides for additional uncommitted $65.0 million accordion feature.  Full Article

Independence Contract qtrly adjusted loss per share $0.14
Thursday, 27 Apr 2017 06:30am EDT 

April 27 (Reuters) - Independence Contract Drilling Inc :Independence contract drilling, inc. Reports financial results for the first quarter ended march 31, 2017.Q1 loss per share $0.17.Q1 revenue $20.2 million versus $22.5 million.Expansion of company's backlog by 66% to $70.6 million as of march 31, 2017.Independence contract drilling inc - co's capital expenditure budget for 2017 has been increased by $8.0 million to $22.0 million.Qtrly adjusted loss per share $0.14.Says approximately $52.4 million of backlog is expected to be realized during remainder of 2017.  Full Article

Independence Contract Drilling Q4 adjusted loss $0.14/shr
Tuesday, 28 Feb 2017 06:30am EST 

Independence Contract Drilling Inc : Independence Contract Drilling, Inc. reports financial results for the fourth quarter and year ended December 31, 2016 . Q4 adjusted loss per share $0.14 . Q4 loss per share $0.28 . Q4 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S . Q4 revenue $18 million versus I/B/E/S view $17.5 million .Independence Contract Drilling Inc - company's capital expenditure budget for 2017 is $14.1 million..  Full Article

Independence Contract Drilling says expects to begin 4Q'16 with ten rigs earning revenue
Monday, 15 Aug 2016 11:32am EDT 

: Says currently expects to begin 4Q'16 with ten rigs earning revenue - SEC Filing . Independence Contract Drilling says additional drilling contract for reactivation of idle rig onto 5 well pad, with mobilization beginning during 3Q'16 Source - http://bit.ly/2aObtAQ Further company coverage: [ICD.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Capital Research Global Investors reports 10 pct passive stake in Independence Contract
Wednesday, 10 Aug 2016 11:39am EDT 

Independence Contract Drilling Inc : Capital Research Global Investors reports 10 pct passive stake in Independence Contract Drilling as of July 29, 2016 - SEC Filing Source - http://bit.ly/2aLPOe3 Further company coverage: [ICD.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Independence Contract Drilling Q2 adj loss per share $0.07 excluding items
Thursday, 28 Jul 2016 06:45am EDT 

Independence Contract Drilling Inc : Charges incurred during q2 included $0.04per share, of retirement benefits associated with departure of executive officer . Independence contract drilling, inc. Reports financial results for the second quarter ended June 30, 2016 . Q2 adjusted loss per share $0.07 excluding items . Q2 loss per share $0.12 . Q2 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S . Q2 revenue $15.2 million versus I/B/E/S VIEW $14.8 million . Capital expenditure budget for second half of 2016 is $8.0 million . Charges incurred during Q2 of 2016 included $0.01 per share, related to amortization of deferred financing costs .At end of Q2, signed two six-month term contracts with new customer for mobilization of shaledriller rigs during Q3.  Full Article

Independence Contract Drilling says appointed Byron Dunn as President
Friday, 24 Jun 2016 11:15am EDT 

Independence Contract Drilling Inc : Says Board has appointed Byron Dunn as President of the company, effective June 30, 2016 - SEC filing . Says Dunn will also continue to serve as Chief Executive Officer of the company Source - http://1.usa.gov/28RVKjw (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Independence Contract Drilling, Inc public offering of common stock
Wednesday, 20 Apr 2016 04:42pm EDT 

Independence Contract Drilling, Inc:Says launched an underwritten public offering of 8 mln shares of common stock.Says underwriters of the offering will have a 30-day option to purchase up to an additional 1,200,000 shares from Independence Contract Drilling.  Full Article

BRIEF-Independence Contract qtrly adjusted loss per share $0.14

* Independence contract drilling, inc. Reports financial results for the first quarter ended march 31, 2017