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ICD| Name | Value |
|---|---|
| Revenues | 56.4M |
| Cost of Revenue | 45.2M |
| Gross Profit | 11.1M |
| Operating Expense | 5.2M |
| Operating I/L | 3.9M |
| Other Income/Expense | -8.3M |
| Interest Income | 8.3M |
| Pretax | -4.4M |
| Income Tax Expense | -0.2M |
| Net Income/Loss | -4.2M |
Independence Contract Drilling, Inc. offers land-based contract drilling services to oil and natural gas producers in the United States. The company specializes in constructing, owning, and operating a fleet of 24 pad-optimal ShaleDriller rigs, strategically positioned in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. These rigs are designed to efficiently extract oil and natural gas, generating revenue through long-term contracts with energy producers.
