ICD

Independance Coontract Drilling

Energy Oil & Gas Drilling NYSE

About the company

Independence Contract Drilling Inc is a leading provider of land-based contract drilling services specifically tailored for oil and natural gas producers. With a strong focus on delivering premium services, the company has established a reputation for excellence in the industry. One of Independence Contract Drilling's key strengths lies in its ability to construct and operate a fleet of high-quality land rigs. These state-of-the-art rigs are designed to maximize efficiency and productivity in the development of oil and gas properties. The company is particularly proud of its ShaleDriller series rig, a cutting-edge drilling technology that has revolutionized the way oil and gas properties are developed. The ShaleDriller series rig developed and assembled by Independence Contract Drilling is renowned for its advanced features and capabilities. Equipped with the latest drilling technologies, these rigs are capable of reaching deeper depths and extracting oil and natural gas with precision and efficiency. With a strong emphasis on safety and environmental sustainability, these rigs are designed to minimize the impact on the environment while ensuring the highest levels of operational safety. Independence Contract Drilling caters to a diverse customer base for their contract drilling services in the United States. The company serves major oil and natural gas companies, independent oil and natural gas companies, and a range of small to mid-sized publicly traded and privately held oil and gas companies. By catering to such a wide array of customers, Independence Contract Drilling ensures a steady stream of business opportunities and maintains a strong and stable position in the market. The company's commitment to providing exceptional customer service sets it apart from its competitors. Independence Contract Drilling understands the unique needs and challenges faced by the oil and natural gas industry, and therefore, offers customized solutions to meet specific project requirements. With a team of highly skilled and experienced professionals, they provide comprehensive drilling services, including drilling operations, maintenance, and logistical support. Independence Contract Drilling's success can also be attributed to its strategic approach to growth and expansion. The company stays ahead of industry trends and continually invests in research and development to innovate and improve its drilling technologies. By keeping abreast of the latest advancements in the sector, Independence Contract Drilling remains at the forefront of the industry and is able to offer cutting-edge solutions to its customers. Furthermore, the company places great importance on maintaining strong relationships with its customers. Independence Contract Drilling works closely with its clients to understand their unique needs and challenges, and offers tailored solutions to ensure the successful completion of drilling projects. The company's dedicated customer support team is available around the clock to provide timely assistance, answer queries, and provide technical support whenever required. In conclusion, Independence Contract Drilling Inc is a leading provider of land-based contract drilling services with a focus on delivering premium services. Its state-of-the-art land rig fleet, including the highly acclaimed ShaleDriller series rig, allows the company to provide efficient and effective drilling solutions. With a diverse customer base and a commitment to exceptional customer service, Independence Contract Drilling has established itself as a trusted name in the industry. By continually investing in research and development and maintaining strong relationships with its customers, the company is well-positioned for sustained growth and success in the dynamic oil and natural gas sector.

Website: https://www.icdrilling.com

Data updated: June 8, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Energy · 238 peers in sector

Metric ICD Sector median Vs. industry
P/E - 16.03
EPS -4.16 USD 0.91 USD ↓ Below average
Dividend yield 0.00% 1.56% ↓ Below average
Profit margin -32.92% 7.14% ↓ Below average
ROE -31.99% 9.86% ↓ Below average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Independance Coontract Drilling?
Independence Contract Drilling Inc is a leading provider of land-based contract drilling services specifically tailored for oil and natural gas producers. With a strong focus on delivering premium services, the company has established a reputation for excellence in the industry. One of Independence Contract Drilling's key strengths lies in its ability to construct and operate a fleet of high-quality land rigs. These state-of-the-art rigs are designed to maximize efficiency and productivity in the development of oil and gas properties. The company is particularly proud of its ShaleDriller series rig, a cutting-edge drilling technology that has revolutionized the way oil and gas properties are developed. The ShaleDriller series rig developed and assembled by Independence Contract Drilling is renowned for its advanced features and capabilities. Equipped with the latest drilling technologies, these rigs are capable of reaching deeper depths and extracting oil and natural gas with precision and efficiency. With a strong emphasis on safety and environmental sustainability, these rigs are designed to minimize the impact on the environment while ensuring the highest levels of operational safety. Independence Contract Drilling caters to a diverse customer base for their contract drilling services in the United States. The company serves major oil and natural gas companies, independent oil and natural gas companies, and a range of small to mid-sized publicly traded and privately held oil and gas companies. By catering to such a wide array of customers, Independence Contract Drilling ensures a steady stream of business opportunities and maintains a strong and stable position in the market. The company's commitment to providing exceptional customer service sets it apart from its competitors. Independence Contract Drilling understands the unique needs and challenges faced by the oil and natural gas industry, and therefore, offers customized solutions to meet specific project requirements. With a team of highly skilled and experienced professionals, they provide comprehensive drilling services, including drilling operations, maintenance, and logistical support. Independence Contract Drilling's success can also be attributed to its strategic approach to growth and expansion. The company stays ahead of industry trends and continually invests in research and development to innovate and improve its drilling technologies. By keeping abreast of the latest advancements in the sector, Independence Contract Drilling remains at the forefront of the industry and is able to offer cutting-edge solutions to its customers. Furthermore, the company places great importance on maintaining strong relationships with its customers. Independence Contract Drilling works closely with its clients to understand their unique needs and challenges, and offers tailored solutions to ensure the successful completion of drilling projects. The company's dedicated customer support team is available around the clock to provide timely assistance, answer queries, and provide technical support whenever required. In conclusion, Independence Contract Drilling Inc is a leading provider of land-based contract drilling services with a focus on delivering premium services. Its state-of-the-art land rig fleet, including the highly acclaimed ShaleDriller series rig, allows the company to provide efficient and effective drilling solutions. With a diverse customer base and a commitment to exceptional customer service, Independence Contract Drilling has established itself as a trusted name in the industry. By continually investing in research and development and maintaining strong relationships with its customers, the company is well-positioned for sustained growth and success in the dynamic oil and natural gas sector.
How big is Independance Coontract Drilling?
The market capitalization of Independance Coontract Drilling — the combined value of all its shares — is 8.9 M USD. The higher the market cap, the larger the company. (as of 2026-06-08)
Does Independance Coontract Drilling pay dividends?
The dividend yield of Independance Coontract Drilling is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-08)
What sector does Independance Coontract Drilling belong to?
Independance Coontract Drilling operates in the Energy sector, industry: Oil & Gas Drilling.

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