Independence Contract Drilling, Inc. Stock: price and insider trades · United States

Independence Contract Drilling, Inc. (ICD) is a U.S.-based land contract drilling company focused on servicing oil and natural gas producers in unconventional shale plays. The company was founded in 2011 by experienced industry professionals, and it was incorporated in Delaware on November 4, 2011. Its corporate headquarters are in Houston, Texas, a key operating hub for the American energy services industry. For investors, ICD has historically been associated with the U.S. listed market, specifically the NYSE under the ticker ICD before its restructuring and transition away from public-company status. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1537028/000153702824000006/icd-20231231x10k.htm?utm_source=openai))

ICD’s business model is straightforward but capital intensive: it owns and operates a premium fleet of modern drilling rigs and provides contract drilling services to upstream oil and gas customers. The company markets its rigs under the ShaleDriller® brand and emphasizes technologically advanced, pad-optimal, AC-powered rigs designed for complex and deep drilling programs. In its latest publicly available annual filing before restructuring, ICD described a fleet of 26 superspec AC rigs and noted that its operations were concentrated in the Permian Basin and the Haynesville Shale, while historically it also worked in the Eagle Ford, Mid-Continent, and Eaglebine regions. That geographic focus suggests a highly targeted U.S. onshore footprint rather than a broad international presence. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1537028/000153702824000006/icd-20231231x10k.htm?utm_source=openai))