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OTCM
AKTAF
Market cap94mUSD
Oct 08, Last price  
2.67USD
1D
3.71%
1Q
8.98%
Name

AKITA Drilling Ltd

Chart & performance

D1W1MN
OTCM:AKTAF chart
P/E
10.03
P/S
0.70
EPS
0.38
Div yield, %
—
Shrs. gr., 5y
0.40%
Rev. gr., 5y
10.92%
Revenues
201m
+3.92%
174,543,336142,944,682137,246,000106,263,000111,131,000199,934,000239,654,000167,533,000165,274,000112,488,00061,061,00071,198,000118,361,000175,890,000119,664,000110,088,000200,996,000225,479,000193,325,000200,903,000
Net income
14m
+8.19%
33,754,66020,751,81214,847,0008,380,0005,701,00023,353,00028,703,00026,515,00021,079,000-33,965,0005,329,000-39,177,000-15,939,000-19,875,000-93,274,000-20,990,0004,288,00018,415,00012,863,00013,917,000
CFO
55m
+82.10%
61,152,14438,875,75719,367,00029,235,00037,441,00034,196,00055,605,00039,554,00040,622,00041,507,00011,892,0005,074,000-8,494,00021,558,00022,860,000-3,461,00018,198,00035,567,00030,264,00055,112,000
Dividend
Jun 18, 20190.085 USD/sh

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Profile

AKITA Drilling Ltd. operates as an energy drilling contractor with operations spanning Canada and the United States. The company delivers specialized drilling services, encompassing the creation of oil and natural gas wells, drilling activities pertinent to potash extraction, and the construction of underground storage caverns. AKITA's expertise lies in both conventional drilling methodologies and the utilization of custom-designed and pad-specific drilling rigs. As of December 31, 2021, its fleet comprised 14 fully owned and operated drilling units in Canada, in addition to 8 XDR 500 and 3 XDR 850XE rigs deployed within the United States. Established in 1964, the enterprise maintains its corporate head office in Calgary, Canada.

Key people

Colin Dease
President and Chief Executive Officer · since 2023
Executive Chairman of the Board, Chief Executive Officer · since 2021
Deputy Chairman of the Board · since 1993
Robert Symonds
Director · since 2025
Independent Director · since 2006
Douglas Dafoe
Independent Director · since 2018
Harish Mohan
Independent Director · since 2011
Independent Director · since 2022
Henry Wilmot
Independent Director · since 2014
Independent Director · since 2002
IPO date
Jan 08, 1993
Employees
1,067
Domiciled in
CA
Incorporated in
CA
Headquarters & legal address
4500, 855 - 2ND STREET S.W.
CALGARY, AB T2P 4K7
CA

Valuation

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