The estimated Net Worth of Philip Dalrymple is at least $558 mil dollars as of 10 February 2024. Mr. Dalrymple owns over 5,578 units of Independence Contract Drilling Inc stock worth over $50,555 and over the last 8 years he sold ICD stock worth over $0. In addition, he makes $507,254 as Vice President - Operations at Independence Contract Drilling Inc.
Philip has made over 13 trades of the Independence Contract Drilling Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 5,578 units of ICD stock worth $3,291 on 10 February 2024.
The largest trade he's ever made was exercising 45,953 units of Independence Contract Drilling Inc stock on 1 October 2018 worth over $27,112. On average, Philip trades about 6,336 units every 106 days since 2017. As of 10 February 2024 he still owns at least 85,687 units of Independence Contract Drilling Inc stock.
You can see the complete history of Mr. Dalrymple stock trades at the bottom of the page.
Philip A. Dalrymple serves as Vice President - Operations of the Company. Mr. Dalrymple has served as our Vice President - Operations - East from October 2018 through October 2019, and as our Vice President - Operations from August 2016 until October 2018. Mr. Dalrymple joined us in January 2013, serving in increasing roles of responsibility, including Drilling Superintendent from January 2013 until October 2013 and Operations Manager from November 2013 until his promotion to Vice President - Operations in August 2016. Prior to joining us, Mr. Dalrymple was employed at Rowan Companies, most recently as lead project engineer overseeing construction of offshore drilling rigs from 2010 until 2013. From 2000 until 2010, Mr. Dalrymple served in increasing roles of responsibility in Rowan’s drilling operations, including rig manager and safety specialist. Mr. Dalrymple earned a B.S. in Mechanical Engineering Technologies from Texas A&M University - College Station.
As the Vice President - Operations of Independence Contract Drilling Inc, the total compensation of Philip Dalrymple at Independence Contract Drilling Inc is $507,254. There are 2 executives at Independence Contract Drilling Inc getting paid more, with J. Anthony Gallegos having the highest compensation of $1,532,440.
Philip Dalrymple is 40, he's been the Vice President - Operations of Independence Contract Drilling Inc since 2019. There are 10 older and 1 younger executives at Independence Contract Drilling Inc. The oldest executive at Independence Contract Drilling Inc is Daniel McNease, 68, who is the Independent Director.
Philip's mailing address filed with the SEC is 20475 HWY 249, SUITE 300, , HOUSTON, TX, 77070.
Over the last 10 years, insiders at Independence Contract Drilling Inc have traded over $10,987,574 worth of Independence Contract Drilling Inc stock and bought 3,700,984 units worth $25,843,019 . The most active insiders traders include William Monroe, Resource Corp Sprott Resour... y Thomas R Jr Bates. On average, Independence Contract Drilling Inc executives and independent directors trade stock every 18 days with the average trade being worth of $26,826. The most recent stock trade was executed by Robert J. Iv Barrett on 1 July 2024, trading 6,837 units of ICD stock currently worth $4,034.
corporate overview independence contract drilling was formed in 2011 as a vertically integrated premium land drilling services provider. from its wholly owned api certified manufacturing facility in houston, texas independence contract drilling provides e&p operators the shaledriller series rigs. these rigs are fast moving, programmable ac rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. the shaledriller is based on a proven rig design with units operating in all major us shale plays as well as africa, indonesia and asia. driven by superior design characteristics, shaledriller rigs provide a compelling value proposition to our customers. the fine control of key drilling parameters offered by shaledriller proprietary ac software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with dc equipment. combined with the shaledrill
Independence Contract Drilling Inc executives and other stock owners filed with the SEC include: