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Independence Contract Drilling (Independence Contract Drilling) Other Gross PPE

: $617.6 Mil (As of Dec. 2023)
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Independence Contract Drilling's Other Gross PPE for the quarter that ended in Dec. 2023 was $617.6 Mil.

Independence Contract Drilling's quarterly Other Gross PPE declined from Jun. 2023 ($372.2 Mil) to Sep. 2023 ($366.3 Mil) but then increased from Sep. 2023 ($366.3 Mil) to Dec. 2023 ($617.6 Mil).

Independence Contract Drilling's annual Other Gross PPE increased from Dec. 2021 ($573.5 Mil) to Dec. 2022 ($619.3 Mil) but then declined from Dec. 2022 ($619.3 Mil) to Dec. 2023 ($617.6 Mil).


Independence Contract Drilling Other Gross PPE Historical Data

The historical data trend for Independence Contract Drilling's Other Gross PPE can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Independence Contract Drilling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Gross PPE
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 583.05 539.63 573.54 619.30 617.65

Independence Contract Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Gross PPE Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 619.30 378.70 372.23 366.26 617.65

Independence Contract Drilling Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.


Independence Contract Drilling (Independence Contract Drilling) Business Description

Traded in Other Exchanges
N/A
Address
20475 State Highway 249, Suite 300, Houston, TX, USA, 77070
Independence Contract Drilling Inc is engaged in providing land-based contract drilling services for oil and natural gas producers. The company constructs its own and operates a premium land rig fleet. It develops and assembles its ShaleDriller series rig which is used for the development of oil and gas properties. The company's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as various small to mid-sized publicly traded and privately held oil and gas companies.
Executives
Brian Berman director 20475 STATE HIGHWAY 249, SUITE 300, HOUSTON TX 77070
Msd Capital L P 10 percent owner 1 VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017-5407
Msd Credit Opportunity Master Fund, L.p. director, 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Msd Pcof Partners Lxxiii, Llc director, 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Msd Private Credit Opportunity (non-eci) Fund, Llc director, 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Michael S Dell 10 percent owner C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Msd Energy Investments, L.p. 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Msd Partners, L.p. director, 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
William Monroe 10 percent owner C/O HIGIER ALLEN & LAUTIN, P.C., 2711 N. HASKELL AVE., SUITE 2400, DALLAS TX 75204
James Minmier director 777 N.W. 63RD ST., OKLAHOMA CITY OK 73116
Daniel F Mcnease director 2800 POST OAK BLVD, STE 5450, HOUSTON TX 77056-6127
Barrett Robert J. Iv director 20475 STATE HIGHWAY 249, SUITE 300, HOUSTON TX 77070
Vincent J Cebula director 1301 AVENUE OF THE AMERICAS, 34 TH FLOOR, NEW YORK NY 10019
Christopher Gleysteen director ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Scott A. Keller officer: SVP - SALES AND MARKETING 20475 SH 249, SUITE 300, HOUSTON TX 77070

Independence Contract Drilling (Independence Contract Drilling) Headlines

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