Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation
Company Logo

FAST-MOVING, HIGH-PERFORMANCE DRILLING RIGS
Leading intermediate North American land drilling contractor



Bullboard - Investor Discussion Forum AKITA Drilling Ltd T.AKT.A

Alternate Symbol(s):  AKTAF | T.AKT.B

AKITA Drilling Ltd. provides contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company 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... see more

Bullboard (TSX:AKT.A)

View:
Post by lifeisgood1010on May 07, 2024 12:38pm

Akita Drilling Ltd. Price Target Raised to C$3.75/Share

I haven't post on this board because there was nothing to say about Akita. I still hold my 97600 shares(Who cares).In such a slow drilling market, i was expecting a small loss yesterday just like ...more  
Post by Angleson May 06, 2024 5:44pm

First Quarter Results

AKITA announces first quarter results with net income of $2.6 million and EBITDA of $12.5 million for the quarter. CALGARY, AB, May 6, 2024 /CNW/ - AKITA ...more  
Comment by blindpigon May 02, 2024 10:24pm

RE:RE:First Quarter Results

If that's the best Akita can achieve this stock will be stuck in the current $1.5 range for the foreseeable future. The bod needs to come up with a plan to enhance shareholder value. A merger with ...more  
Comment by Angleson May 01, 2024 1:13pm

RE:First Quarter Results

I would note that the estimate for earnings for this upcoming first quarter are currently at $0.05 per share. With an estimate of $0.12 for the entire 2024 year. Plus, the current estimate for ...more  
Post by Angleson May 01, 2024 11:48am

First Quarter Results

According to Darcy Reynolds, AKITA Drilling's V. P. of Finance, they will be releasing their first quarter results on Monday May 06, 2024 after the market close. Good luck to all AKT.A ...more  
Comment by Possibleidiot01on Apr 18, 2024 2:36pm

RE:RE:RE:RE:RE:RE:RE:Eric Nuttall - Drilling Companies

Virtual-only meetings erode shareholder democracy, group warns The Canadian Press Thu, April 18, 2024 at ...more  
Comment by blindpigon Apr 18, 2024 12:58am

RE:RE:RE:RE:RE:RE:Eric Nuttall - Drilling Companies

Hey Angles,  thanks for the post.  I messaged you directly.  Noticed that their AGM on May 14 is being done virtually again.  Not sure why when Covid is a thing of the past. I' ...more  
Comment by Angleson Apr 17, 2024 5:36pm

RE:RE:RE:RE:RE:RE:Eric Nuttall - Drilling Companies

I am attaching a link to the CAOEC Drilling Rig Directory for anyone's review.  https://caoec.ca//Files/Rig_Directory/CAOEC%20-%202023%20Rig%20Inventory%20Directory%20-%20WEB%20-%20small.pdf ...more  
Comment by Angleson Apr 17, 2024 1:32pm

RE:RE:RE:RE:RE:Eric Nuttall - Drilling Companies

Hey Blindpig, In the meantime, if you own that much of the company (1.5% = 600,000 shares), I would contact Daniel Halyk of Total Energy Services directly and do the same with Colin Dease, along ...more  
Comment by blindpigon Apr 17, 2024 5:05am

RE:RE:RE:RE:Eric Nuttall - Drilling Companies

I looked at Total and thought the same thing myself. Lol  I'd be good with an all stock deal. I own 1.5% of Akita and not looking to exit the business, but to be in a larger dividend paying ...more  
Comment by Angleson Apr 17, 2024 4:05am

RE:RE:RE:Eric Nuttall - Drilling Companies

You know who I think would be strongly interested in buying AKITA (if Southern family was on board) would be Savanna Drilling which is owned by Total Energy Services - TOT. It would probably be an all ...more  
Comment by blindpigon Apr 16, 2024 7:02am

RE:RE:Eric Nuttall - Drilling Companies

One comment of Eric's worth noting the last time he was on bnn, although it was directed at oil companies, it would equally apply to service companies like Akita. They're just too dam small to ...more  
Comment by Possibleidiot01on Apr 12, 2024 10:06am

RE:Eric Nuttall - Drilling Companies

One factor that Eric may have figured into his calculations is Precision Drilling also has roughly half the shares of Akita ; that's a lot of torque if demand for shares picks up and has more name ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.


Connect with T.AKT



Investor Presentation

View the Presentation

Akita Drilling Ltd. With CEO - Colin Dease & CFO Darcy Reynolds

Investment Opportunity

Leading Intermediate North American Land Drilling Contractor

14 high-spec drilling rigs
operating exclusively in the
US Permian Basin

17 Canadian drilling rigs primary tailored for oilsands development and a growing deep gas presence

Value of rigs almost 7x market cap

Free Cash Flow of $21 million generated in the first half of 2023



Facebook

Contact Us

Shareholders and security analyst inquiries should be directed to:
Darcy Reynolds
– Vice President, Finance and Chief Financial Officer

1000, 333 – 7th Ave SW
Calgary, Alberta T2P 2Z1
Phone: (403) 292-7537
Email: darcy.reynolds@akita-drilling.com