AKITA DRILLING LTD-CL B (AKT-B.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:AKT-B - CA0099052098 - Common Stock
AKT-B.CA Key Statistics, Chart & Performance
The current stock price of AKT-B.CA is 2.15 CAD. In the past month the price increased by 1.42%. In the past year, price decreased by -32.39%.
AKT-B.CA Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| PD.CA | PRECISION DRILLING CORP | 24.98 | 1.26B | ||
| ESI.CA | ENSIGN ENERGY SERVICES INC | N/A | 452.74M | ||
| PHX.CA | PHX ENERGY SERVICES CORP | 7.11 | 344.05M | ||
| ACX.CA | ACT ENERGY TECHNOLOGIES LTD | 7.57 | 172.32M | ||
| AKT-A.CA | AKITA DRILLING LTD-CL A | 3.55 | 77.16M | ||
| WRG.CA | WESTERN ENERGY SERVICES CORP | N/A | 69.71M | ||
| SDI.CA | STAMPEDE DRILLING INC | N/A | 23.99M |
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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 is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, all serving the Permian Basin. With a fleet of 17 rigs, its Canadian division operates in Alberta, British Columbia, Saskatchewan, and as market conditions dictate, the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs. Its Canadian division primarily operates in the oil sands, heavy oil regions and in the Montney deep gas basin. In addition, the Canadian division plays a role in drilling potash and other energy transition targets, including carbon capture wells, hydrogen storage wells and geothermal wells.
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 is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and one DC triple rig, all serving the Permian Basin. With a fleet of 17 rigs, its Canadian division operates in Alberta, British Columbia, Saskatchewan, and as market conditions dictate, the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs. Its Canadian division primarily operates in the oil sands, heavy oil regions and in the Montney deep gas basin. In addition, the Canadian division plays a role in drilling potash and other energy transition targets, including carbon capture wells, hydrogen storage wells and geothermal wells.
What is the current price of AKT-B stock?
The current stock price of AKT-B.CA is 2.15 CAD.
What is the dividend status of AKITA DRILLING LTD-CL B?
AKT-B.CA does not pay a dividend.
What is the ChartMill rating of AKITA DRILLING LTD-CL B stock?
AKT-B.CA has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Is AKITA DRILLING LTD-CL B (AKT-B.CA) expected to grow?
The Revenue of AKITA DRILLING LTD-CL B (AKT-B.CA) is expected to grow by 6.25% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
What is the ownership structure of AKITA DRILLING LTD-CL B (AKT-B.CA)?
You can find the ownership structure of AKITA DRILLING LTD-CL B (AKT-B.CA) on the Ownership tab.
AKT-B.CA Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to AKT-B.CA. When comparing the yearly performance of all stocks, AKT-B.CA is a bad performer in the overall market: 88.83% of all stocks are doing better.
AKT-B.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to AKT-B.CA. AKT-B.CA has a bad profitability rating. Also its financial health evaluation is rather negative.
AKT-B.CA Financial Highlights
Over the last trailing twelve months AKT-B.CA reported a non-GAAP Earnings per Share(EPS) of 0.54. The EPS increased by 315.38% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 9.69% | ||
| ROA | 8.39% | ||
| ROE | 11.96% | ||
| Debt/Equity | 0.23 |
AKT-B.CA Forecast & Estimates
9 analysts have analysed AKT-B.CA and the average price target is 3.26 CAD. This implies a price increase of 51.49% is expected in the next year compared to the current price of 2.15.
For the next year, analysts expect an EPS growth of 24.85% and a revenue growth 6.25% for AKT-B.CA