Akita Drilling (AKT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$3.65 to C$3.74
• 50-Day Range: C$3.50 to C$4.12
• 52-Week Range: C$3.30 to C$4.18
• Volume: 37,354 shs
• Average Volume: 105,142 shs
• Market Capitalization: C$212.74 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$4.25
• Consensus Rating: Hold

Company Calendar

• Last Earnings: 8/04/2026
• Today: 10/04/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Drilling
• Current Symbol: TSE:AKT
• CIK: N/A
• Web: www.akita-drilling.com
• Phone: +1-403-2927979
• Fax: N/A
• Employees: 1,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Akita Drilling: C$4.25
• High Price Target: C$4.25
• Low Price Target: C$4.25
• Potential Upside/Downside: +14.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• 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: C$188.10 million
• Price / Sales: 1.13
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 57,496,000
• Free Float: N/A
• Market Cap: C$212.74 million
• Optionable: Not Optionable
• Beta: 0.37