AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada. The Company manages its business through approximately two geographic regions, which include Canada and the United States. The Company specializes in the construction and retrofit of heavy oil pad drilling rigs associated with Steam Assisted Gravity Drainage (SAGD) operations. Its rigs are used in operations spanning Fort McMurray, the Alberta oil sands region. The Company also has shale gas operations in the Horn River Basin area of Northeast British Columbia. AKITA is involved in drilling horizontal shale gas wells, with a fleet of deep capacity triple rigs in the areas of Alberta and British Columbia, including the Montney, Duvernay and Horn River regions.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorN/A
Phone+1-403-2927979
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
AKITA Drilling (TSE:AKT.A) Frequently Asked Questions
What is AKITA Drilling's stock symbol?
AKITA Drilling trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AKT.A."
What price target have analysts set for AKT.A?
1 Wall Street analysts have issued twelve-month price objectives for AKITA Drilling's stock. Their predictions range from C$5.00 to C$5.00. On average, they anticipate AKITA Drilling's share price to reach C$5.00 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for AKITA Drilling.
What is the consensus analysts' recommendation for AKITA Drilling?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AKITA Drilling in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AKITA Drilling.
Has AKITA Drilling been receiving favorable news coverage?
Headlines about AKT.A stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. AKITA Drilling earned a coverage optimism score of 3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are AKITA Drilling's key executives?
AKITA Drilling's management team includes the folowing people:
- Linda A. Southern-Heathcott, Chairman of the Board (Age 54)
- Karl A. Ruud, President, Chief Executive Officer, Director (Age 61)
- Darcy Reynolds, Vice President - Finance
- Raymond T. Coleman, Vice President - Operations
- Fred O. Hensel, Vice President - Marketing (Age 54)
- Craig W. Kushner, Director - Human Resources
- Colin A. Dease, Corporate Secretary
- Dale R. Richardson, Director (Age 71)
- Nancy C. Southern, Director (Age 60)
- C Perry Spitznagel Q.C., Director (Age 58)
How do I buy shares of AKITA Drilling?
Shares of AKT.A and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is AKITA Drilling's stock price today?
One share of AKT.A stock can currently be purchased for approximately C$3.65.
What is AKITA Drilling's official website?
How can I contact AKITA Drilling?
AKITA Drilling's mailing address is 1000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The company can be reached via phone at +1-403-2927979.
MarketBeat Community Rating for AKITA Drilling (TSE AKT.A)
MarketBeat's community ratings are surveys of what our community members think about AKITA Drilling and other stocks. Vote "Outperform" if you believe AKT.A will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKT.A will underperform the S&P 500 over the long term. You may vote once every thirty days.
