HighPeak Energy (NASDAQ:HPKEW – Get Rating) and Independence Contract Drilling (NYSE:ICD – Get Rating) are both mining, quarrying, and oil and gas extraction companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, profitability, earnings, dividends, institutional ownership, analyst recommendations and risk.
Analyst Ratings
This is a breakdown of current ratings and target prices for HighPeak Energy and Independence Contract Drilling, as provided by MarketBeat.
Get HighPeak Energy alerts:| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| HighPeak Energy | 0 | 0 | 0 | 0 | N/A |
| Independence Contract Drilling | 0 | 0 | 1 | 0 | 3.00 |
Independence Contract Drilling has a consensus target price of $7.00, indicating a potential upside of 124.36%. Given Independence Contract Drilling's higher probable upside, analysts clearly believe Independence Contract Drilling is more favorable than HighPeak Energy.
Profitability
This table compares HighPeak Energy and Independence Contract Drilling's net margins, return on equity and return on assets.| Net Margins | Return on Equity | Return on Assets | |
| HighPeak Energy | N/A | N/A | N/A |
| Independence Contract Drilling | -34.63% | -20.21% | -9.69% |
Institutional & Insider Ownership
31.6% of Independence Contract Drilling shares are held by institutional investors. 1.3% of Independence Contract Drilling shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Valuation & Earnings
This table compares HighPeak Energy and Independence Contract Drilling's gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| HighPeak Energy | N/A | N/A | N/A | N/A | N/A |
| Independence Contract Drilling | $87.96 million | 0.48 | -$66.71 million | ($5.05) | -0.62 |
HighPeak Energy has higher earnings, but lower revenue than Independence Contract Drilling.
Summary
Independence Contract Drilling beats HighPeak Energy on 5 of the 8 factors compared between the two stocks.
About Independence Contract Drilling
(Get Rating)
Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of pad-optimal ShaleDriller rigs in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 24 rigs. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.
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