Logo image of AKT-A.CA

AKITA DRILLING LTD-CL A (AKT-A.CA) Stock Price, Quote, News and Overview

TSX:AKT-A - Toronto Stock Exchange - CA0099051009 - Common Stock - Currency: CAD

1.5  -0.08 (-5.06%)

AKT-A.CA Quote, Performance and Key Statistics

AKITA DRILLING LTD-CL A

TSX:AKT-A (3/3/2025, 7:00:00 PM)

1.5

-0.08 (-5.06%)

Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
GICS IndustryGroupEnergy
GICS SubIndustryOil & Gas Drilling
Statistics
52 Week High1.78
52 Week Low1.2
Market Cap59.59M
Shares39.73M
Float31.37M
Yearly Dividend0
Dividend YieldN/A
PE25
Fwd PE4.28
Earnings (Next)03-05 2025-03-05/amc
IPO01-08 1993-01-08


AKT-A.CA short term performance overview.The bars show the price performance of AKT-A.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5 10 -10

AKT-A.CA long term performance overview.The bars show the price performance of AKT-A.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 -5 -10 -15

The current stock price of AKT-A.CA is 1.5 CAD. In the past month the price decreased by -7.98%. In the past year, price decreased by -13.79%.

AKITA DRILLING LTD-CL A / AKT-A Daily stock chart

AKT-A.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Oil & Gas Drilling" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
PD.CA PRECISION DRILLING CORP 9.06 920.09M
ESI.CA ENSIGN ENERGY SERVICES INC 15.18 476.53M
PHX.CA PHX ENERGY SERVICES CORP 7.51 393.21M
ACX.CA ACT ENERGY TECHNOLOGIES LTD 4.43 176.74M
WRG.CA WESTERN ENERGY SERVICES CORP N/A 79.19M
SDI.CA STAMPEDE DRILLING INC 3.5 35.73M

About AKT-A.CA

Company Profile

AKT-A logo image Akita Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 1,000 full-time employees. The firm is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, all serving the Permian Basin. With a fleet of 17 rigs, its Canadian division operates in Alberta, British Columbia, Saskatchewan, and as market conditions dictate, the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs. Its Canadian division primarily operates in the oil sands, heavy oil regions and in the Montney deep gas basin. In addition, the Canadian division plays a role in drilling potash and other energy transition targets, including carbon capture wells, hydrogen storage wells and geothermal wells.

Company Info

AKITA DRILLING LTD-CL A

333 7 Ave SW Suite 1000

Calgary ALBERTA T2P 2Z1 CA

CEO: Karl A. Ruud

Employees: 1000

Company Website: https://www.akita-drilling.com/

Investor Relations: http://www.akita-drilling.com/investor-relations/

Phone: 14032927979

AKITA DRILLING LTD-CL A / AKT-A.CA FAQ

What is the stock price of AKITA DRILLING LTD-CL A today?

The current stock price of AKT-A.CA is 1.5 CAD. The price decreased by -5.06% in the last trading session.


What is the ticker symbol for AKITA DRILLING LTD-CL A stock?

The exchange symbol of AKITA DRILLING LTD-CL A is AKT-A and it is listed on the Toronto Stock Exchange exchange.


On which exchange is AKT-A.CA stock listed?

AKT-A.CA stock is listed on the Toronto Stock Exchange exchange.


What is the price forecast or stock price prediction for AKITA DRILLING LTD-CL A stock?

9 analysts have analysed AKT-A.CA and the average price target is 2.81 CAD. This implies a price increase of 87% is expected in the next year compared to the current price of 1.5. Check the AKITA DRILLING LTD-CL A stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is AKITA DRILLING LTD-CL A worth?

AKITA DRILLING LTD-CL A (AKT-A.CA) has a market capitalization of 59.59M CAD. This makes AKT-A.CA a Micro Cap stock.


How many employees does AKITA DRILLING LTD-CL A have?

AKITA DRILLING LTD-CL A (AKT-A.CA) currently has 1000 employees.


What are the support and resistance levels for AKITA DRILLING LTD-CL A (AKT-A.CA) stock?

AKITA DRILLING LTD-CL A (AKT-A.CA) has a support level at 1.38 and a resistance level at 1.65. Check the full technical report for a detailed analysis of AKT-A.CA support and resistance levels.


Is AKITA DRILLING LTD-CL A (AKT-A.CA) expected to grow?

The Revenue of AKITA DRILLING LTD-CL A (AKT-A.CA) is expected to decline by -7.11% in the next year. Check the estimates tab for more information on the AKT-A.CA EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy AKITA DRILLING LTD-CL A (AKT-A.CA) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does AKITA DRILLING LTD-CL A (AKT-A.CA) stock pay dividends?

AKT-A.CA does not pay a dividend.


When does AKITA DRILLING LTD-CL A (AKT-A.CA) report earnings?

AKITA DRILLING LTD-CL A (AKT-A.CA) will report earnings on 2025-03-05, after the market close.


What is the Price/Earnings (PE) ratio of AKITA DRILLING LTD-CL A (AKT-A.CA)?

The PE ratio for AKITA DRILLING LTD-CL A (AKT-A.CA) is 25. This is based on the reported non-GAAP earnings per share of 0.06 and the current share price of 1.5 CAD. Check the full fundamental report for a full analysis of the valuation metrics for AKT-A.CA.


AKT-A.CA Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

AKT-A.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to AKT-A.CA. The financial health of AKT-A.CA is average, but there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

AKT-A.CA Financial Highlights

Over the last trailing twelve months AKT-A.CA reported a non-GAAP Earnings per Share(EPS) of 0.06. The EPS decreased by -91.55% compared to the year before.


Industry RankSector Rank
PM (TTM) 1.18%
ROA 0.83%
ROE 1.31%
Debt/Equity 0.34
Chartmill High Growth Momentum
EPS Q2Q%-70%
Sales Q2Q%-16.39%
EPS 1Y (TTM)-91.55%
Revenue 1Y (TTM)-25.2%

AKT-A.CA Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 84% to AKT-A.CA. The Buy consensus is the average rating of analysts ratings from 9 analysts.

For the next year, analysts expect an EPS growth of -57.46% and a revenue growth -7.11% for AKT-A.CA


Ownership
Inst Owners21.17%
Ins Owners5.68%
Short Float %N/A
Short RatioN/A
Analysts
Analysts84.44
Price Target2.81 (87.33%)
EPS Next Y-57.46%
Revenue Next Year-7.11%