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:
Comment by lifeisgood1010on Feb 29, 2024 4:31pm

RE:RE:Income tax assets greater than the value of the SP

Thanks, will look it up and do my DD Have a good evening
Comment by pennydredfulon Feb 29, 2024 3:35pm

RE:Income tax assets greater than the value of the SP

One  for  you  to consider :   Enterprise Group   ticker E    TSX    .  I  recently  participated in  their  recent  ...more  
Post by lifeisgood1010on Feb 29, 2024 1:00pm

Income tax assets greater than the value of the SP

I always put my money were my mouth is. Bought 1100 more.When you see Desjardins on the buy side tell you that it could be Lifeisgood. Now at 81,200, i will take my time to get to 100,000. Who ...more  
Post by lifeisgood1010on Feb 29, 2024 12:24pm

Income tax assets greater than the value of the SP

Indeed great post by Hockeyz and the "paid" analysis done by Stockhouse  Treverabes says exactly what i have been writing in my many Akita posts. Today's PD price increase makes ...more  
Comment by pennydredfulon Feb 29, 2024 11:00am

RE:RE:Re:Income tax assets greater than the value of the SP

Enjoyed reading  the  thread  on  Akita Drilling  here and  learning  so much.   Besides  Akita  I  have  shares   in  & ...more  
Comment by Torontojayon Feb 29, 2024 10:49am

RE:RE:Re:Income tax assets greater than the value of the SP

Nice post hockeyz.  I totally agree. 
Post by TrevorAbeson Feb 29, 2024 7:08am

A picks-and-shovels oil stock in deep value territory

https://stockhouse.com/news/newswire/2024/02/29/akita-drilling-a-picks-and-shovels-oil-stock-deep-value-territory
Comment by Hockeyzon Feb 29, 2024 1:15am

RE:Re:Income tax assets greater than the value of the SP

Here are a few other comparisons of Akita Drilling to Eric Nuttal’s top drilling/service company stock pick, Precision Drilling (PD). I looked at results for the 12 months up to the end of Q3’2023 ...more  
Post by lifeisgood1010on Feb 27, 2024 9:14am

Re:Income tax assets greater than the value of the SP

I too follow what E.Nuttal as to say and had noticed his PD position. Akita reminds me of another small cap i own. In mid 2021, i started building a sizeable position in a steel erector in ...more  
Comment by Hockeyzon Feb 27, 2024 12:48am

RE:Re:Income tax assets greater than the value of the SP

Also, I have followed Eric Nuttall for the last few years which has been very profitable. Eric manages the multi-billion dollar Ninepoint Energy fund, one of the largest energy funds in Canada. Eric ...more  
Post by lifeisgood1010on Feb 26, 2024 11:20am

Re:Income tax assets greater than the value of the SP

Good morning Hockeyz, Thanks for the clarifications and for taking the time for the post. I think we are on the same page as the underlying value in  Akita. For me, it's only a matter of ...more  
Comment by Hockeyzon Feb 26, 2024 10:17am

RE:Income tax assets greater than the value of the SP

Hi lifeisgood1010. Everything you said in your response makes sense, but just a few clarifications. First, I was suggesting that the Southern family could easily buy Akita through their ownership of ...more  
Post by lifeisgood1010on Feb 23, 2024 1:28pm

Rig counts.Slight improvement

While still way down from last year in the USA, in Canada it's close to last year. We can't declare victory yet, but we saw an improvement from last week Last week in the USA we were at -139 ...more  
Post by lifeisgood1010on Feb 23, 2024 7:47am

Income tax assets greater than the value of the SP

Good morning Hockeyz, Could not agree more with you, but i wonder if this will happen.At double the actual SP it would still be a steal for Atco. If you had a chance to read Akita latest ...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