Stock info Independence Contract Drilling | Filter  Basic-Info

Independence Contract Drilling

The core activities of Independence Contract Drilling are in the construction sector. The global construction companies lost around 8 percent over the period 2006-2016. Measured since 2011 the sector is 23 percent higher and over the past 12 months (December 2015-2016) there is a minus of 8 percent.

The past year was a profitable year for Independence Contract Drilling investors

Over the period from December 2015 till December 2016 the stock gained around 8 percent. Independence Contract Drilling' stock lost the past 5 years at around 57 percent. Independence Contract Drilling's revenues between 2011 and 2015 were very fluctuating and moved between 15,12 million dollars and 88,42 million dollars.

The American company didn't pay out any dividends (in the past 5 years).

Independence Contract Drilling financed with relatively low debt

As per the end of 2015 the American company's balance sheet equaled 314,79 million dollars. Last year the total debt of the company was 82,05 million dollars. This equals around 26,06 percent of the total balance sheet. Last year the construction company's price/earnings-ratio (PE) was around -29. So the investors valued the stock at -29 times 2015' earnings per share. Based on it's price/earnings-ratio and dividend yield the American stock can be seen as a growth stock.

At the end of 2015 the American company's market capitalization equaled around 110,91 million dollars. At the end of 2015 the American company had around 23,9 million stocks listed.

All Independence Contract Drilling's financial reports are located here. More information about Independence Contract Drilling can be found it's website. .