ICD vs. BRN, ALCE, CSLR, MXC, NCNC, USEG, LTBR, EPOW, HUSA, and SDPI
Should you be buying Independence Contract Drilling stock or one of its competitors? The main competitors of Independence Contract Drilling include Barnwell Industries (BRN), Alternus Clean Energy (ALCE), Complete Solaria (CSLR), Mexco Energy (MXC), noco-noco (NCNC), U.S. Energy (USEG), Lightbridge (LTBR), Sunrise New Energy (EPOW), Houston American Energy (HUSA), and Superior Drilling Products (SDPI). These companies are all part of the "oils/energy" sector.
Barnwell Industries (NYSE:BRN) and Independence Contract Drilling (NYSE:ICD) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, earnings, community ranking, analyst recommendations, institutional ownership, risk, media sentiment, profitability and valuation.
Barnwell Industries has a net margin of -11.35% compared to Barnwell Industries' net margin of -24.20%. Barnwell Industries' return on equity of -11.44% beat Independence Contract Drilling's return on equity.
In the previous week, Independence Contract Drilling had 8 more articles in the media than Barnwell Industries. MarketBeat recorded 10 mentions for Independence Contract Drilling and 2 mentions for Barnwell Industries. Independence Contract Drilling's average media sentiment score of 0.93 beat Barnwell Industries' score of 0.15 indicating that Barnwell Industries is being referred to more favorably in the media.
Independence Contract Drilling received 304 more outperform votes than Barnwell Industries when rated by MarketBeat users. Likewise, 66.38% of users gave Independence Contract Drilling an outperform vote while only 0.00% of users gave Barnwell Industries an outperform vote.
Barnwell Industries has a beta of 0.15, indicating that its share price is 85% less volatile than the S&P 500. Comparatively, Independence Contract Drilling has a beta of 4.86, indicating that its share price is 386% more volatile than the S&P 500.
Barnwell Industries has higher earnings, but lower revenue than Independence Contract Drilling. Barnwell Industries is trading at a lower price-to-earnings ratio than Independence Contract Drilling, indicating that it is currently the more affordable of the two stocks.
40.7% of Barnwell Industries shares are owned by institutional investors. Comparatively, 29.4% of Independence Contract Drilling shares are owned by institutional investors. 17.6% of Barnwell Industries shares are owned by insiders. Comparatively, 3.8% of Independence Contract Drilling shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Summary
Independence Contract Drilling beats Barnwell Industries on 8 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ICD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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