AKITA DRILLING LTD-CL B (AKT-B.CA) Stock Price, Forecast & Analysis
TSX:AKT-B • CA0099052098
AKT-B.CA Key Statistics, Chart & Performance
The current stock price of AKT-B.CA is 2.58 CAD. In the past month the price increased by 25.85%. In the past year, price decreased by -9.15%.
AKT-B.CA Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to AKT-B.CA. When comparing the yearly performance of all stocks, AKT-B.CA turns out to be only a medium performer in the overall market: it outperformed 61.32% of all stocks.
AKT-B.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to AKT-B.CA. AKT-B.CA has only an average score on both its financial health and profitability.
AKT-B.CA Financial Highlights
Over the last trailing twelve months AKT-B.CA reported a non-GAAP Earnings per Share(EPS) of 0.55. The EPS increased by 816.67% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 9.94% | ||
| ROA | 8.5% | ||
| ROE | 12.07% | ||
| Debt/Equity | 0.22 |
AKT-B.CA Forecast & Estimates
7 analysts have analysed AKT-B.CA and the average price target is 3.26 CAD. This implies a price increase of 26.24% is expected in the next year compared to the current price of 2.58.
For the next year, analysts expect an EPS growth of -0.12% and a revenue growth -1.34% for AKT-B.CA
AKT-B.CA Ownership
AKT-B.CA Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| PD | PRECISION DRILLING CORP | 14.25 | 1.561B | ||
| ESI | ENSIGN ENERGY SERVICES INC | N/A | 643.382M | ||
| PHX | PHX ENERGY SERVICES CORP | 10.79 | 411.506M | ||
| ACX | ACT ENERGY TECHNOLOGIES LTD | 6.34 | 222.44M | ||
| AKT-A | AKITA DRILLING LTD-CL A | 9.71 | 85.41M | ||
| WRG | WESTERN ENERGY SERVICES CORP | 252.48 | 84.938M | ||
| SDI | STAMPEDE DRILLING INC | 7.77 | 32.99M |
Related stock screener links
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About AKT-B.CA
Company Profile
AKITA Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 1,000 full-time employees. The firm provides contract drilling services through two geographical segments: Canada and the United States (US). The Company’s United States fleet operations base is in Midland, Texas and is comprised of 13 high specification AC triple rigs, one high specification AC double rig and one direct current (DC) triple rig, primarily serving the Permian Basin. Its 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. With a fleet of 17 rigs, the Company’s Canadian division operates in Alberta, British Columbia and Saskatchewan.
Company Info
AKITA DRILLING LTD-CL B
333 7 Ave SW Suite 1000
Calgary ALBERTA T2P 2Z1 CA
CEO: Karl A. Ruud
Employees: 1000
Phone: 14032927979
AKITA DRILLING LTD-CL B / AKT-B.CA FAQ
Can you describe the business of AKITA DRILLING LTD-CL B?
AKITA Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 1,000 full-time employees. The firm provides contract drilling services through two geographical segments: Canada and the United States (US). The Company’s United States fleet operations base is in Midland, Texas and is comprised of 13 high specification AC triple rigs, one high specification AC double rig and one direct current (DC) triple rig, primarily serving the Permian Basin. Its 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. With a fleet of 17 rigs, the Company’s Canadian division operates in Alberta, British Columbia and Saskatchewan.
Can you provide the latest stock price for AKITA DRILLING LTD-CL B?
The current stock price of AKT-B.CA is 2.58 CAD. The price increased by 7.5% in the last trading session.
What is the dividend status of AKITA DRILLING LTD-CL B?
AKT-B.CA does not pay a dividend.
What is the ChartMill technical and fundamental rating of AKT-B stock?
AKT-B.CA has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Which stock exchange lists AKT-B stock?
AKT-B.CA stock is listed on the Toronto Stock Exchange exchange.
How is the market expecting AKT-B stock to perform?
7 analysts have analysed AKT-B.CA and the average price target is 3.26 CAD. This implies a price increase of 26.24% is expected in the next year compared to the current price of 2.58.
Would investing in AKITA DRILLING LTD-CL B be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on AKT-B.CA.