Independence Contract Drilling Profitability Rank

Independence Contract Drilling Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Independence Contract Drilling has the Profitability Rank of 2. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Independence Contract Drilling's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Independence Contract Drilling has an F-score of 5 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank

Independence Contract Drilling Profitability Rank Related Terms

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Independence Contract Drilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independence Contract Drilling Inc (NYSE:ICD) » Definitions » Profitability Rank

Comparable Companies

OTCPK:VTGDF OTCPK:VTDRF NYSE:HP SHSE:600871 NAS:PTEN NYSE:RIG NYSE:NE OCSE:DRLCO OSL:SDRL NYSE:NBR ADX:ADNOCDRILL TSX:PD OSL:BORR NYSE:DO OSL:ODL TSX:ESI STC:PVD OSL:SHLF TSX:PHX XKLS:5243

Traded in Other Exchanges

N/A

Address

20475 State Highway 249, Suite 300, Houston, TX, USA, 77070

Website

http://www.icdrilling.com

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

Msd Private Credit Opportunity (non-eci) Fund, Llc	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK NY 10017
Msd Credit Opportunity Master Fund, L.p.	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK NY 10017
Cebula Vincent J	director	1301 AVENUE OF THE AMERICAS 34 TH FLOOR NEW YORK NY 10019
Msd Pcof Partners Lxxiii, Llc	director, 10 percent owner	ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK NY 10017
Gleysteen Christopher	director	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
Keller Scott A.	officer: SVP - SALES AND MARKETING	20475 SH 249 SUITE 300 HOUSTON TX 77070
Kokenes Kathrine	officer: VP & CHIEF ACCOUNTING OFFICER	20475 SH 249 SUITE 300 HOUSTON TX 77070
Nieuwoudt Stacy Durbin	director	20475 SH 249 SUITE 300 HOUSTON TX 77070
Dalrymple Philip	officer: VICE PRESIDENT - OPERATIONS	11601 NORTH GALAYDA STREET HOUSTON TX 77086
Gallegos John A. Jr.	director, officer: PRESIDENT & CEO	952 ECHO LANE SUITE 460 HOUSTON TX 77024
Minmier James	director	777 N.W. 63RD ST. OKLAHOMA CITY OK 73116
Monroe William	10 percent owner	C/O HIGIER ALLEN & LAUTIN, P.C. 2711 N. HASKELL AVE., SUITE 2400 DALLAS TX 75204
Fitts Travis	officer: SVP HR & HSE	20475 HWY 249 SUITE 300 HOUSTON TX 77070
Humphries Bruce	officer: SVP Operations - West	20475 HWY 249 SUITE 300 HOUSTON TX 77070