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Independence Contract Drilling, Inc. Reports Financial Results For The Second Quarter Ended June 30, 2021 And Additional Rig Reactivations

Independence Contract Drilling, Inc. Reports Financial Results For The First Quarter Ended March 31, 2021 And Announces Additional Rig Reactivations


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HOUSTON, May 4, 2021 /PRNewswire/  Independence Contract Drilling, Inc. (the Company or ICD ) (NYSE: ICD) today reported financial results for the three months ended March 31, 2021.
First quarter 2021 Highlights
Adjusted net loss, as defined below, of $16.4 million, or $2.64 per share.
Adjusted EBITDA loss, as defined below, of $2.0 million.
Net debt, excluding finance leases and net of deferred financing costs, of $132.1 million.
Marketed fleet utilization of 43%.
Fully burdened margin of $2,802 per day.
In the first quarter of 2021, the Company reported revenues of $15.5 million, a net loss of $16.0 million, or $2.58 per share, adjusted net loss (defined below) of $16.4 million, or $2.64 per share, and adjusted EBITDA loss (defined below) of $2.0 million.  These results compare to revenues of $38.5 million, a net loss of $28.2 million, or $7.53 per share, adjusted net loss of $10.6 million, or $ ....

United States , Anthony Gallegos , Independence Contract Drilling Inc , Independence Contract Drilling , Executive Officer Anthony Gallegos , ஒன்றுபட்டது மாநிலங்களில் , அந்தோணி களிலெகோஸ் , சுதந்திரம் ஒப்பந்த துளையிடுதல் இன்க் , சுதந்திரம் ஒப்பந்த துளையிடுதல் , நிர்வாகி அதிகாரி அந்தோணி களிலெகோஸ் ,