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Bullboard - Stock Discussion Forum
AKITA Drilling Ltd
T.AKT.B
Primary Symbol:
T.AKT.A
Alternate Symbol(s):
AKTAF
Energy
Oil & Gas Drilling
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...
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.
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Company Website
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Bullboard (TSX:AKT.A)
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(1916)
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Possibleidiot01
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Comment by
Possibleidiot01
on Mar 01, 2024 4:20pm
RE:RE:Income tax assets greater than the value of the SP
Your two investments have something in common ; Enterprise's recent secondary offering done to pursue low emission market. Besides the efficiency of drill pads, the company’s fleet is further
...more
(1916)
•••
Possibleidiot01
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Comment by
Possibleidiot01
on Mar 01, 2024 4:09pm
RE:RE:A picks-and-shovels oil stock in deep value territory
As somebody who may be missing an opportunity here ( still pondering) , I'll take a stab at why. It can't be anything to do with the future NCIB ; why would drive up the price the company
...more
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(1020)
•••
lifeisgood1010
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Post by
lifeisgood1010
on Mar 01, 2024 2:42pm
Doubling or more within 12 months
The mind as a funny way of working when it comes to investing. When a stock is dirt cheap, investors thinks that there must be something wrong with the company. At the opposite, when it
...more
(1020)
•••
lifeisgood1010
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Post by
lifeisgood1010
on Mar 01, 2024 11:32am
Sellers at $1.51...
Someone just bought the 73500 shares at $1.51. There will be a day when Akita shares are in strong hands of investors who like me see that this company is worth ,i will say it again MUCH MUCH MORE
...more
(1020)
•••
lifeisgood1010
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Post by
lifeisgood1010
on Mar 01, 2024 11:15am
Ensign up 15%
ESI EPS forcast for Q4 were in a range of 3 to 7 cents. They came in at 17 cents. In a very slow market, these drillers are showing improved results. Like i wrote on the ESI board this morning
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(1020)
•••
lifeisgood1010
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Post by
lifeisgood1010
on Mar 01, 2024 9:00am
Akita vs, Ensign vs Precision Drilling
Yesterday, Hockeyz did a very good analysis on a comparative basis between Akita and Precision drilling that showed how deeply undervalued Akita is. This morning, Ensign reported their results
...more
(1020)
•••
lifeisgood1010
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Post by
lifeisgood1010
on Mar 01, 2024 8:00am
Income tax assets greater than the value of the SP
The last time i wrote to IR, i was told that they were very frustrated with the SP.I don't think it is costly to have this kind of write up. So to speculate, i would say the IR person
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(101)
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pennydredful
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Comment by
pennydredful
on Feb 29, 2024 7:23pm
RE:A picks-and-shovels oil stock in deep value territory
Anyone care to speculate why Akita would commission such a report ?
(1020)
•••
lifeisgood1010
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Comment by
lifeisgood1010
on 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
(101)
•••
pennydredful
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Comment by
pennydredful
on 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
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(1020)
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lifeisgood1010
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Post by
lifeisgood1010
on 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
(1020)
•••
lifeisgood1010
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Post by
lifeisgood1010
on 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
(101)
•••
pennydredful
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Comment by
pennydredful
on 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
(518)
•••
Torontojay
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Comment by
Torontojay
on Feb 29, 2024 10:49am
RE:RE:Re:Income tax assets greater than the value of the SP
Nice post hockeyz. I totally agree.
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