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Independent Contract Drilling: Q2 Earnings Snapshot sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Independent Contract Drilling: Q1 Earnings Snapshot
May 4, 2021
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HOUSTON (AP) Independent Contract Drilling Inc. (ICD) on Tuesday reported a loss of $16 million in its first quarter.
The Houston-based company said it had a loss of $2.58 per share. Losses, adjusted for non-recurring gains, came to $2.64 per share.
The provider of drilling services for oil and natural gas producers posted revenue of $15.5 million in the period.
The company s shares closed at $3.40. A year ago, they were trading at $7.17.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICD at https://www.zacks.com/ap/ICD
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