AKITA Drilling (AKTAF) Stock Price, News & Analysis

Company Overview

AKITA Drilling Ltd. is a Canadian-based land drilling contractor that provides contract drilling services to the oil and gas industry. The company specializes in drilling and completing onshore wells in conventional and unconventional reservoirs. AKITA’s core services include rotary drilling, directional drilling, casing and cementing, well control management and rig maintenance support.

AKITA operates a diversified fleet of high-performance drilling rigs designed for a wide range of well depths and pressure-temperature conditions. Its equipment offerings include conventional hook-load rigs, double-drilling derricks and advanced pressure control systems. The company also provides tubular running services, well abandonment services and integrated project management aimed at optimizing drilling efficiency and reducing nonproductive time.

Founded in 1952 and headquartered in Calgary, Alberta, AKITA Drilling has expanded its operations beyond western Canada to serve customers throughout North America and Latin America. The company maintains regional offices in Houston and Mexico City to support field operations, logistics and client relations. AKITA’s geographical footprint allows it to address seasonal and regional fluctuations in drilling activity.

AKITA Drilling is led by an experienced management team with deep expertise in drilling engineering, health, safety and environmental compliance. The company emphasizes a culture of safety, operational excellence and technological innovation to meet the evolving needs of its oil and gas clients.

Key Stats

• Today's Range: $1.71 to $1.73
• 50-Day Range: $1.24 to $1.79
• 52-Week Range: $0.86 to $1.79
• Volume: 16,450 shs
• Average Volume: 16,707 shs
• Market Capitalization: N/A
• P/E Ratio: 1.30
• Dividend Yield: 19.59%
• Price Target: N/A
• Consensus Rating: N/A

AKITA Drilling Stock Analysis - MarketRank™

AKITA Drilling scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for AKITA Drilling.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AKITA Drilling is 1.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of AKITA Drilling is 1.30, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 63.90.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

AKITA Drilling has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AKITA Drilling has recently increased by 73.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

AKITA Drilling pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AKITA Drilling does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AKITA Drilling is 25.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

AKITA Drilling has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AKITA Drilling has recently increased by 73.13%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for AKITA Drilling this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AKITA Drilling insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 29.18% of the stock of AKITA Drilling is held by institutions.

AKTAF Stock Analysis - Frequently Asked Questions

How have AKTAF shares performed this year?

AKITA Drilling's stock was trading at $1.11 at the beginning of the year. Since then, AKTAF stock has increased by 54.1% and is now trading at $1.71.

How do I buy shares of AKITA Drilling?

Shares of AKTAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Today: 7/16/2025
• Next Earnings (Estimated): 7/28/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:AKTAF
• CIK: N/A
• Web: www.akita-drilling.com
• Phone: (403) 292-7979
• Fax: N/A
• Employees: 1,068
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 1.30
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A