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Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. It involves in owning an established rig manufacturing business and proprietary rig designs. Read More The company was founded by Philip A. Choyce and Byron A. Dunn on November 4, 2011 and is headquartered in Houston, TX.
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Oil and Gas
PR NewswireMar 1
Independence Contract Drilling, Inc. Reports Financial Results For The Fourth Quarter And Year Ended December 31, 2018
HOUSTON, March 1, 2019 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company") (NYSE: ICD) today reported financial results for the three and twelve months ended December 31, 2018. Fourth Quarter 2018 Highlights Net loss of $8.6 million , or $0.11 per share. , or per share. Adjusted net income, as defined below, of $1.0 million , or $0.01 per share. , or per share. Adjusted EBITDA, as defined below, of $16.0 million . . Net debt, excluding capitalized leases, of $117.1 million . . Fleet u...
Expected Apr 25, Pre-Market