Independence Contract Drilling Inc Revenue Growth Rates (ICDI), Current and Historic Growth - CSIMarket
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Independence Contract Drilling inc   (ICDI)
 

ICDI's Revenue Growth by Quarter and Year

Independence Contract Drilling Inc 's Revenue results by quarter and year




ICDI Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
4th Quarter December -
3rd Quarter September 37.99
2nd Quarter June 43.33
1st Quarter March 46.64
FY 127.96

ICDIs Annual Revenue
Independence Contract Drilling Inc 's Revenue in the fiscal year 2023 $ 210.11 millions
Independence Contract Drilling Inc 's Revenue in the fiscal year 2022 $ 186.71 millions
Independence Contract Drilling Inc 's Revenue in the fiscal year 2021 $ 87.96 millions
Independence Contract Drilling Inc 's Revenue in the fiscal year 2020 $ 83.42 millions
Independence Contract Drilling Inc 's Revenue in the fiscal year 2019 $ 203.60 millions




ICDI Revenue third quarter 2024 Y/Y Growth Comment
Independence Contract Drilling Inc reported fall in Revenue in the third quarter 2024 by -13.97% to $ 37.99 millions, from the same quarter in 2023.
The decline in the third quarter 2024 Independence Contract Drilling Inc 's Revenue compares unfavorably to the Company's average Revenue rise of 27.46%.

Looking into third quarter 2024 results within Oil Well Services & Equipment industry 6 other companies have achieved higher Revenue growth. While Independence Contract Drilling Inc ' s Revenue decrease of -13.97% ranks overall at the positon no. 3171 in the third quarter 2024.




ICDI Revenue ( Y/Y Growth %) 2024
2023 2022 2021
4th Quarter December - -23.95 % 110.99 % 114.41 %
3rd Quarter September -13.97 % -10.15 % 104.45 % 135.23 %
2nd Quarter June -23.12 % 33.21 % 113.47 % -7.3 %
1st Quarter March -26.85 % 82.22 % 125.16 % -59.63 %
FY   - 12.53 % 112.27 % -

Financial Statements
Independence Contract Drilling Inc 's third quarter 2024 Revenue $ 37.99 millions ICDI's Income Statement
Independence Contract Drilling Inc 's third quarter 2023 Revenue $ 44.16 millions Quarterly ICDI's Income Statement


ICDI Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
4th Quarter December - 3.78 % 22.6 % 18.8 %
3rd Quarter September -12.32 % -21.65 % 16.17 % 21.29 %
2nd Quarter June -7.1 % -11.61 % 20.92 % 27.54 %
1st Quarter March 1.77 % 5.81 % 22.51 % 16.67 %
FY (Year on Year)   - 12.53 % 112.27 % -




Revenue third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Oil Well Services & Equipment Industry #7
Energy Sector #98
Overall #3171

Revenue Y/Y Growth Statistics
High Average Low
150.74 % 27.46 % -77.32 %
(Mar 31 2016)   (Jun 30 2021)
Revenue third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Oil Well Services & Equipment Industry #7
Energy Sector #98
Overall #3171
Revenue Y/Y Growth Statistics
High Average Low
150.74 % 27.46 % -77.32 %
(Mar 31 2016)   (Jun 30 2021)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Independence Contract Drilling Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
120.78 % 4.17 % -52.18 %
(Dec 31 2018)  


ICDI's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2024 Independence Contract Drilling Inc disclosed drop in Revenue from the second quarter by -12.32% to $ 37.99 millions, from $ 43.33 millions achived in the previous reporting period.

But that's not important problem, as Independence Contract Drilling Inc 's Revenue generally seem to plunge in this quarter.

Within Oil Well Services & Equipment industry 8 other companies have achieved higher Revenue quarter on quarter growth. While Independence Contract Drilling Inc 's Revenue growth quarter on quarter, overall rank is 2848.


Revenue Q/Q Growth Company Ranking
Within: No.
Oil Well Services & Equipment Industry #9
Energy Sector #114
Overall #2848
Revenue Q/Q Growth Company Ranking
Within: No.
Oil Well Services & Equipment Industry #9
Energy Sector #114
Overall #2848
Revenue Q/Q Growth Statistics
High Average Low
120.78 % 4.17 % -52.18 %
(Dec 31 2018)  


ICDI's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2024 Independence Contract Drilling Inc disclosed drop in Revenue from the second quarter by -12.32% to $ 37.99 millions, from $ 43.33 millions achived in the previous reporting period.

But that's not important problem, as Independence Contract Drilling Inc 's Revenue generally seem to plunge in this quarter.

Within Oil Well Services & Equipment industry 8 other companies have achieved higher Revenue quarter on quarter growth. While Independence Contract Drilling Inc 's Revenue growth quarter on quarter, overall rank is 2848.


Independence Contract Drilling Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2024)
12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
Cumulative Revenue 12 Months Ending $ 173.78 $ 179.96 $ 192.99 $ 210.11 $ 224.54
Y / Y Revenue Growth (TTM) -22.6 % -21.59 % -10.44 % 12.53 % 44.85 %
Year on Year Revenue Growth Overall Ranking # 295 # 0 # 0 # 0 # 0
Seqeuential Revenue Change (TTM) -3.43 % -6.75 % -8.15 % -6.43 % -2.17 %
Seq. Revenue Growth (TTM) Overall Ranking # 2248 # 0 # 0 # 0 # 0


Cumulative Revenue growth Comment
Independence Contract Drilling Inc 's cumulative 12 months Revenue continue to fall, but on the faster rate at -22.6% year on year, at Sep 30 2024 compare to the -21.59% decrease at Jun 30 2024. If the Independence Contract Drilling Inc 's fiscal year would end at Sep 30 2024, annual Revenue would be $174 millions.

Among companies within the Energy sector 7 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 295.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 6
Energy Sector # 8
Overall # 295

Revenue TTM Y/Y Growth Statistics
High Average Low
1991.31 %
110.09 %
-63.15 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 6
Sector # 66
S&P 500 # 2248
Cumulative Revenue growth Comment
Independence Contract Drilling Inc 's cumulative 12 months Revenue continue to fall, but on the faster rate at -22.6% year on year, at Sep 30 2024 compare to the -21.59% decrease at Jun 30 2024. If the Independence Contract Drilling Inc 's fiscal year would end at Sep 30 2024, annual Revenue would be $174 millions.

Among companies within the Energy sector 7 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 0 to 295.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 6
Energy Sector # 8
Overall # 295

Revenue TTM Y/Y Growth Statistics
High Average Low
1991.31 %
110.09 %
-63.15 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 6
Sector # 66
S&P 500 # 2248




Other Revenue Growth
Oil Well Services & Equipment Industry Revenue Growth Trends and Statistics
Energy Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
ICDI's Revenue Growth Ratio versus Oil Well Services & Equipment Industry, Energy Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue fall for the quarter ending Sep 30 2024 within Energy SectorY/Y Change %Revenue for the quarter ending Sep 30 2024
Nabors Industries Ltd-0.30%$ -0.296 millions
Phx Minerals Inc -0.48%$ -0.485 millions
Exxon Mobil Corporation-0.82%$ -0.820 millions
Marathon Oil Corporation-1.21%$ -1.213 millions
Txo Partners L p -1.64%$ -1.636 millions
Nine Energy Service Inc -1.75%$ -1.749 millions
Halliburton Company-1.84%$ -1.844 millions
Martin Midstream Partners L p -3.26%$ -3.262 millions
Alliance Resource Partners Lp-3.61%$ -3.606 millions
Arcadia Biosciences Inc -3.76%$ -3.757 millions
Eog Resources Inc -3.98%$ -3.976 millions
The Aes Corporation-4.22%$ -4.222 millions
Calumet Inc -4.24%$ -4.240 millions
Sitio Royalties Corp -4.68%$ -4.681 millions
Ring Energy Inc -4.74%$ -4.737 millions
Imperial Oil Limited-4.75%$ -4.749 millions
Gulfport Energy Corporation-4.78%$ -4.783 millions
Select Water Solutions inc -4.83%$ -4.834 millions
Riley Exploration Permian Inc -5.50%$ -5.499 millions
Superior Energy Services Inc -6.22%$ -6.216 millions
Antero Resources Corporation-6.24%$ -6.238 millions
Chevron Corp-6.31%$ -6.307 millions
Liberty Energy Inc -6.36%$ -6.360 millions
Cenovus Energy Inc -6.81%$ -6.812 millions
Ranger Energy Services inc -6.93%$ -6.934 millions
Tetra Technologies Inc -8.31%$ -8.313 millions
Conocophillips-8.48%$ -8.484 millions
Adams Resources and Energy Inc -8.61%$ -8.605 millions
Sunoco Lp-9.00%$ -9.003 millions
Amplify Energy Corp -9.00%$ -9.004 millions


About Independence Contract Drilling Inc Revenue Growth Rates (ICDI), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Independence Contract Drilling Inc (CIK 1537028).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001537028-24-000049
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Independence Contract Drilling Inc ’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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