AKITA Drilling (AKTAF) Stock Price, News & Analysis

Company Overview

Akita Drilling Ltd. (OTCMKTS: AKTAF) is a Calgary-based provider of contract drilling services to the oil and gas industry, specializing in land-based operations. The company maintains a fleet of modular, high-specification rigs designed to meet a range of well depths and geological conditions, including conventional, horizontal and directional drilling programs.

Akita’s comprehensive service offering encompasses well planning support, rig mobilization, site preparation and on-site crew management. Safety and regulatory compliance are core to its operations, with ongoing training programs and stringent operational protocols. The company also provides real-time drilling data monitoring and optimization services to help clients improve efficiency and reduce non-productive time.

Primarily active in Western Canada’s key resource plays, Akita serves both independent exploration and production operators and larger integrated energy companies. Backed by an experienced executive management team and board of directors, the company is focused on delivering reliable, cost-effective drilling solutions and maintaining rigorous safety and environmental standards across its operations.

Key Stats

• Today's Range: $2.47 to $2.50
• 50-Day Range: $2.25 to $3.09
• 52-Week Range: $1.21 to $5.85
• Volume: 9,610 shs
• Average Volume: 40,021 shs
• Market Capitalization: N/A
• P/E Ratio: 1.88
• Dividend Yield: 13.56%
• Price Target: N/A
• Consensus Rating: N/A

AKITA Drilling Stock Analysis - MarketRank™

AKITA Drilling scored higher than 26% 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 1.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of AKITA Drilling is 1.88, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 16.91.

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 2.02, 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 91.78%, 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%.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

AKITA Drilling has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

Search Interest

1 people have searched for AKTAF on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.3 / 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

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

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Drilling
• 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: 1.88
• 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