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TSE:AKT.A

AKITA Drilling (AKT.A) Stock Price, News & Analysis

AKITA Drilling logo
C$3.41 0.00 (0.00%)
As of 07/3/2026

About AKITA Drilling Stock (TSE:AKT.A)

Key Stats

Today's Range
C$3.33
C$3.85
50-Day Range
C$3.37
C$4.24
52-Week Range
C$1.67
C$5.21
Volume
76,614 shs
Average Volume
84,223 shs
Market Capitalization
C$130.37 million
P/E Ratio
48.71
Dividend Yield
19.77%
Price Target
C$2.25
Consensus Rating
Hold

Company Overview

AKITA is a premier Canadian oil and gas drilling contractor with a fleet of 32 drilling rigs. AKITA provides contract drilling services through two geographical segments: Canada and the United States ("US"). AKITA's US fleet is supported out of its operations base in Midland, Texas and is comprised of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, primarily serving the Permian Basin, which is the most active basin in the US and currently supports approximately half of all US land drilling. With a fleet of 17 rigs, AKITA's Canadian division operates in Alberta, British Columbia and Saskatchewan. AKITA's Canadian division primarily operates in the oil sands, heavy oil regions and the Montney gas basin. In both Canada and the US, AKITA strives to ensure it is well positioned to meet the demanding requirements of global operators while remaining flexible enough to tailor its services to customized operator requests.

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AKT.A Stock News Headlines

Riddell and Riddell buying at Akita Drilling (AKT)
Public market insider buying at Akita Drilling (AKT)
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AKT.A Stock Analysis - Frequently Asked Questions

AKITA Drilling's stock was trading at C$2.03 at the beginning of the year. Since then, AKT.A shares have increased by 68.0% and is now trading at C$3.41.

AKITA Drilling Ltd. (TSE:AKT.A) posted its quarterly earnings results on Tuesday, May, 5th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $55.49 million for the quarter. AKITA Drilling had a trailing twelve-month return on equity of 3.12% and a net margin of 2.60%.

Shares of AKT.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Company Calendar

Last Earnings
5/05/2026
Today
8/15/2026

Industry, Sector and Symbol

Stock Exchange
TSE
Sector
Energy
Industry
Energy Equipment & Services
Sub-Industry
Oil & Gas Drilling
Current Symbol
TSE:AKT.A
CIK
N/A
Fax
N/A
Employees
1,068
Year Founded
N/A

Price Target and Rating

High Price Target
C$2.25
Low Price Target
C$2.25
Potential Upside/Downside
-34.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

EPS (Trailing Twelve Months)
C$0.07
Trailing P/E Ratio
48.71
Forward P/E Ratio
7.10
P/E Growth
-0.69
Net Income
C$4.87 million
Net Margins
2.60%
Pretax Margin
N/A
Return on Equity
3.12%
Return on Assets
-0.11%

Debt

Debt-to-Equity Ratio
33.94
Current Ratio
1.69
Quick Ratio
1.54

Sales & Book Value

Annual Sales
C$191.31 million
Price / Sales
0.68
Cash Flow
C$0.30 per share
Price / Cash Flow
11.48
Book Value
C$4.01 per share
Price / Book
0.85

Miscellaneous

Outstanding Shares
38,232,000
Free Float
N/A
Market Cap
C$130.37 million
Optionable
Not Optionable
Beta
-0.23
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This page (TSE:AKT.A) was last updated on 8/15/2026 by MarketBeat.com Staff.
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