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Independence Contract Drilling (ICD)

(Delayed Data from NYSE)

$1.76 USD

1.76
22,433

-0.05 (-2.76%)

Updated May 3, 2024 04:00 PM ET

After-Market: $1.76 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 38% (95 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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What's in the Cards for ExxonMobil (XOM) in Q2 Earnings?

Lower gas volumes in Europe and decline in daily refinery throughput are likely to hurt ExxonMobil's (XOM) Q2 numbers.

Is A Beat In Store for Williams (WMB) This Earnings Season?

In Q2, The Williams Companies (WMB) is expected to gain from additional volumes from the expansion projects around its core Transco pipeline system.

What's in Store for Baker Hughes (BHGE) in Q2 Earnings?

Increase in total orders and rising profit levels from Oilfield Equipment and Oilfield Services units will likely boost Baker Hughes' (BHGE) second-quarter earnings.

Hess (HES) Gears Up for Q2 Earnings: What's in the Cards?

Although an increase in total production is expected to boost Hess' (HES) Q2 numbers, declining worldwide average selling price of oil might partially dampen growth.

Key Factors to Impact Concho Resources (CXO) Q2 Earnings

Two major areas of interest - output growth and oil price realizations - are sending mixed signals with regard to Concho Resources' (CXO) results in the to-be reported quarter.

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Oil & Gas Drilling Industry Outlook Showing Signs of Improvement

Increased adoption of technically superior land rigs in the United States and an uptick in the international rig count are some real signs that the drilling space is recovering.

The Zacks Analyst Blog Highlights: Helix Energy, Earthstone Energy, Independence Contract, Enterprise Products and Laredo Petroleum

The Zacks Analyst Blog Highlights: Helix Energy, Earthstone Energy, Independence Contract, Enterprise Products and Laredo Petroleum

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Buy 5 Top Oil Stocks Ahead of Q2 Earnings on Iran Conflict

Disturbances in Iran intensified on Jul 18 after President Donald Trump declared that the U.S. Navy destroyed an Iranian drone in the Strait of Hormuz in a defensive action.

Here's Why You Should Invest in Noble Corp. (NE) Stock Now

Noble Corp. (NE), which has witnessed several northward estimate revisions for the current year, is well poised for growth.

Are Investors Undervaluing Independent Contract Drilling (ICD) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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Can Rising Shale Output Disrupt Oil's Rally? 6 Top Picks

Industry watchers think Morgan Stanley's views on U.S. shale are highly optimistic and dependent on multiple caveats.

The Zacks Analyst Blog Highlights: Bonanza Creek, Oasis, Forum Energy, Enterprise Products and Independence Contract

The Zacks Analyst Blog Highlights: Bonanza Creek, Oasis, Forum Energy, Enterprise Products and Independence Contract

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5 Top Oil Stocks to Buy as Middle East Tensions Escalate

Fresh U.S. sanctions against Iran have raised tensions in the Middle East, endangering global crude supplies.

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New Strong Buy Stocks for May 14th

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Tuesday

Independent Contract Drilling (ICD) Beats Q1 Earnings and Revenue Estimates

Independent Contract Drilling (ICD) delivered earnings and revenue surprises of 300.00% and 0.35%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Will Independent Contract Drilling (ICD) Report Negative Earnings Next Week? What You Should Know

Independent Contract Drilling (ICD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Independent Contract Drilling (ICD) Report Negative Q1 Earnings? What You Should Know

Independent Contract Drilling (ICD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nilanjan Choudhury headshot

Healthy Growth Outlook for Oil & Gas Drilling Industry

With the energy sector emerging from the crude slump and debt-driven overhaul, renewed interest in the drilling space is finally raising hopes for the industry's recovery.

    Independent Contract Drilling (ICD) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

    Independent Contract Drilling (ICD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    Independent Contract Drilling (ICD) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

    Independent Contract Drilling (ICD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    Independent Contract Drilling (ICD) Reports Q3 Loss, Misses Revenue Estimates

    Independent Contract Drilling (ICD) delivered earnings and revenue surprises of 0.00% and -1.25%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

    Nilanjan Choudhury headshot

    Steady Near-Term Outlook for Oil & Gas Drilling Industry

    While one does not expect the sunny days of the oil and gas drilling industry to return immediately, signs of recovery can definitely be seen.

    Nilanjan Choudhury headshot

    5 Buy-Ranked Oil Stocks That Brokers Recommend Right Now

    We have identified five energy stocks that are expected to be good bets given their top ranks and brokers' confidence.