Detail akcie Indep Con Drill Rg online

Business Summary: Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The Company constructs, owns and operates a fleet of pad-optimal ShaleDriller rigs that are specifically engineered and designed to improve its clients production profiles. The Company's operations are focused on unconventional resource plays located in geographic regions that it can support from its Houston, Texas and Midland, Texas facilities. The Company's rig fleet includes approximately 26 pad-optimal, superspec AC powered (AC) rigs. Its rigs are operating in the Permian Basin and the Haynesville Shale. 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 small to mid-sized publicly-traded and privately held oil and natural gas companies.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Independence Contract Drilling Inc revenues decreased 27% to $46.6M. Net loss totaled $9M vs. income of $12K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Depreciation and amortization increase of 9% to $11.8M (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -$0.62.