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Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q4 2023

Newsfile Corp.
·1-min read

Dallas, Texas--(Newsfile Corp. - February 29, 2024) - Independence Contract Drilling, Inc (NYSE: ICD): Stonegate Capital Partners updates coverage on Independence Contract Drilling, Inc.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • $5.0M of convertible notes redeemed at par

  • Five rig reactivations since start of 2023

  • Strong liquidity position of $26.2M

Click image above to view full announcement.

About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

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Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/199956