Independence Contract Drilling Equity 2024

Independence Contract Drilling Aktienanalyse

What does Independence Contract Drilling do?

Independence Contract Drilling Inc (ICD) is a US-based company founded in 2011 and headquartered in Houston, Texas. The company provides drilling services for unconventional natural gas and oil deposits in North America. ICD's history begins with its founding by a group of experienced managers and employees from the oil and gas industry. The goal was to create a company specializing in measures to improve efficiency, safety, and productivity in drilling. The company started with a fleet of rig drilling units used in the Permian Basin, Eagle Ford, and Haynesville. Over the past 10 years, the company has expanded its operations to other areas such as the Powder River Basin, DJ Basin, and Marcellus Shale play. ICD operates in a competitive market with many competing companies offering similar services. However, the company has a unique business model that allows it to differentiate itself from the competition. ICD exclusively operates modern rig drilling units of the highest standards equipped with the latest technology to provide customers with the best possible service. The company also operates only high-performance and efficient units to enable customers to achieve high-quality and fast drilling. ICD offers its customers a wide range of drilling services and support services. The company solely focuses on hydraulically operated rig drilling units capable of performing heavy drilling. The spectrum of services offered includes drilling of horizontal and vertical boreholes, borehole geomechanics, surface services, and drilling preparation work. Moreover, the company also has professionals that enable it to offer customized solutions and consulting services to meet the customers' requirements. ICD has strategically expanded its activities in recent years to offer a wider range of services to its customers. For example, the company completed the acquisition of H&P Holdings to expand its portfolio in the field of borehole geomechanics. The success of ICD also relies on its ability to offer customers a wide range of services and support offerings all in one place. Through targeted expansion into new business areas, the company is able to strengthen its position in the market and satisfy its customers. Overall, ICD is a leading provider of drilling services in North America. The company has made a name for itself through its modern, efficient, and technologically advanced rig drilling units, its wide range of services, and its strategic expansion into new business areas. A hallmark of ICD is also its strong customer orientation and ability to offer tailor-made services that meet customers' needs. In the future, the company is expected to play an important role in the production of oil and gas from unconventional deposits and continue to specialize in expanding its business model and service offerings. Independence Contract Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Independence Contract Drilling's Equity

Independence Contract Drilling's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Independence Contract Drilling's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Independence Contract Drilling's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Independence Contract Drilling's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Independence Contract Drilling’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Independence Contract Drilling stock

What is the equity of Independence Contract Drilling this year?

Independence Contract Drilling has equity of 181.58 M USD this year.

What was the equity of Independence Contract Drilling compared to the previous year?

The equity of Independence Contract Drilling has increased/decreased by -15.43% decreased compared to the previous year.

What impact does a high equity have on investors of Independence Contract Drilling?

A high equity is advantageous for investors of Independence Contract Drilling as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Independence Contract Drilling?

A low equity can be a risk for investors of Independence Contract Drilling, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Independence Contract Drilling affect the company?

An increase in equity of Independence Contract Drilling can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Independence Contract Drilling affect the company?

A reduction in equity of Independence Contract Drilling can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Independence Contract Drilling?

Some factors that can affect the equity of Independence Contract Drilling include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Independence Contract Drilling so important for investors?

The equity of Independence Contract Drilling is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Independence Contract Drilling take to change the equity?

To change equity, Independence Contract Drilling can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Independence Contract Drilling pay?

Over the past 12 months, Independence Contract Drilling paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Independence Contract Drilling is expected to pay a dividend of 0 USD.

What is the dividend yield of Independence Contract Drilling?

The current dividend yield of Independence Contract Drilling is .

When does Independence Contract Drilling pay dividends?

Independence Contract Drilling pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Independence Contract Drilling?

Independence Contract Drilling paid dividends every year for the past 0 years.

What is the dividend of Independence Contract Drilling?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Independence Contract Drilling located?

Independence Contract Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Independence Contract Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Independence Contract Drilling from 7/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.

When did Independence Contract Drilling pay the last dividend?

The last dividend was paid out on 7/10/2024.

What was the dividend of Independence Contract Drilling in the year 2023?

In the year 2023, Independence Contract Drilling distributed 0 USD as dividends.

In which currency does Independence Contract Drilling pay out the dividend?

The dividends of Independence Contract Drilling are distributed in USD.