COVID Stimulus Watch Parent Company Summary

Parent Company Name:
Independence Contract Drilling, Inc.
Grant Total: $0
Face Value of Loans Total: $10,000,000

Parent Company Data

Ownership Structure: publicly traded (ticker symbol ICD)
Headquartered in: Texas
Sector: oilfield services and supplies
Industry: contract drilling services
Employees (prior to pandemic): 650

Parent Accountability Issues Since 2010

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Ratio of CEO Pay to that of Median Worker: 15.9 to 1
CEO Compensation: $1,532,435
Worker Median Pay: $96,446
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Individual Award Records

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State:TX
Grant Amount:
Face Loan Amount:$10,000,000
Contract Amount:
Award Date:Apr 27, 2020

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