Independence Contract Drilling, Inc.
Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. It operates a fleet of pad-optimal and superspec AC powered rigs in the Permian Basin and the Haynesville Shale. The company was incorporated in 2011 and is headquartered in Houston, Texas. On December 2, 2024, Independence Contract Drilling, Inc., along with… Read more
Market Cap & Net Worth: Independence Contract Drilling, Inc. (ICDI)
Independence Contract Drilling, Inc. (OTCQX:ICDI) has a market capitalization of $379.67K ($379.67K) as of March 18, 2026. Listed on the OTCQX stock exchange, this USA-based company holds position #49519 globally and #15156 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Independence Contract Drilling, Inc.'s stock price $0.03 by its total outstanding shares 15186800 (15.19 Million).
Independence Contract Drilling, Inc. Market Cap History: 2015 to 2025
Independence Contract Drilling, Inc.'s market capitalization history from 2015 to 2025. Data shows change from $1.53 Billion to $379.67K (-59.55% CAGR).
Independence Contract Drilling, Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Independence Contract Drilling, Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.18x
Independence Contract Drilling, Inc.'s market cap is 0.18 times its annual revenue
0.82x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2020 | $44.65 Million | $83.42 Million | -$96.64 Million | 0.54x | N/A |
| 2021 | $45.56 Million | $87.95 Million | -$66.71 Million | 0.52x | N/A |
| 2022 | $49.66 Million | $186.71 Million | -$65.32 Million | 0.27x | N/A |
| 2023 | $37.21 Million | $210.11 Million | -$37.70 Million | 0.18x | N/A |
Competitor Companies of ICDI by Market Capitalization
Companies near Independence Contract Drilling, Inc. in the global market cap rankings as of March 18, 2026.
Key companies related to Independence Contract Drilling, Inc. by market ranking:
- Noble Corporation plc (NYSE:NE): Ranked #2504 globally with a market cap of $5.77 Billion USD.
- Transocean Ltd (NYSE:RIG): Ranked #2556 globally with a market cap of $5.62 Billion USD.
- Patterson-UTI Energy Inc (NASDAQ:PTEN): Ranked #3877 globally with a market cap of $3.07 Billion USD.
- Helmerich and Payne Inc (NYSE:HP): Ranked #3909 globally with a market cap of $3.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2504 | Noble Corporation plc | NYSE:NE | $5.77 Billion | $46.21 |
| #2556 | Transocean Ltd | NYSE:RIG | $5.62 Billion | $6.20 |
| #3877 | Patterson-UTI Energy Inc | NASDAQ:PTEN | $3.07 Billion | $10.14 |
| #3909 | Helmerich and Payne Inc | NYSE:HP | $3.05 Billion | $34.65 |
Independence Contract Drilling, Inc. Historical Marketcap From 2015 to 2025
Between 2015 and today, Independence Contract Drilling, Inc.'s market cap moved from $1.53 Billion to $ 379.67K, with a yearly change of -59.55%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $379.67K | -70.59% |
| 2024 | $1.29 Million | -96.53% |
| 2023 | $37.21 Million | -25.08% |
| 2022 | $49.66 Million | +9.00% |
| 2021 | $45.56 Million | +2.04% |
| 2020 | $44.65 Million | -85.26% |
| 2019 | $302.82 Million | -68.04% |
| 2018 | $947.66 Million | -21.61% |
| 2017 | $1.21 Billion | -40.60% |
| 2016 | $2.04 Billion | +32.67% |
| 2015 | $1.53 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Independence Contract Drilling, Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $379.67K USD |
| MoneyControl | $379.67K USD |
| MarketWatch | $379.67K USD |
| marketcap.company | $379.67K USD |
| Reuters | $379.67K USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.