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$3.34 to C$3.85
• 50-Day Range: N/A
• 52-Week Range: C$3.30 to C$3.85
• Volume: 656,001 shs
• Average Volume: 1,545 shs
• Market Capitalization: N/A
• P/E Ratio: 50.00
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Hold

Akita Drilling Stock Analysis - MarketRank™

Akita Drilling scored higher than 4% 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Akita Drilling has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Akita Drilling has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Akita Drilling is 50.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 46.00.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AKT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Akita Drilling does not currently pay a dividend.

Dividend Growth

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

News and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

News Sentiment

Akita Drilling has a news sentiment score of 0.89. 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 is a higher news sentiment than the 0.64 average news sentiment score of companies.

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

0.18% of the stock of Akita Drilling is held by institutions.

Company Calendar

• Last Earnings: 11/04/2024
• Today: 7/08/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: TSE:AKT
• CIK: N/A
• Web: www.akita-drilling.com
• Phone: +1-403-2927979
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 50.00
• 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$191.31 million
• 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