Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

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... see more

Bullboard (TSX:AKT.A)

View:
Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
Post by lifeisgood1010on Oct 25, 2024 1:41pm

73%

I made a typo. mistake for Akita. It's 13 out of 17 not 16 I just looked at today's rig  data.Akita's 13 rig are all drilling none are on the move. Were are setting up to have a ...more  
91
Post by lifeisgood1010on Oct 25, 2024 10:14am

Ranking drillers by activity

This morning, i went on to see what was the activity levels by the major listed drillers in Canada Here is the ranking as of yesterday. Akita:76%. 13 of 16 rigs working Ensign:73% 52 of 71 rigs ...more  
93
Discussion
Post by lifeisgood1010on Oct 23, 2024 11:12am

CNQ buying Chevron assets

CNQ is a major customer of Akita. As of today,3 out of Akita 13 working rigs are drilling for CNQ.   Chevron was not a customer of Akita.This will/could be to the benefit of ...more  
71
Post by lifeisgood1010on Oct 22, 2024 2:08pm

Running 13 rigs out of 17(76.5%)

Akita just got work for another of their rig in Canada. Today, they have 11 rigs drilling and 2 on the move. Rig number 14 is moving to work for CNQ as of today. They are also running 12 of their 15 ...more  
99
Post by lifeisgood1010on Oct 14, 2024 12:56pm

Akita drilling will surprise on the up side

Salut Carl, Je t'ai envoye deux messages dans ta boite de Stockhouse. Clic sur ton logo en haut a droite. Bonne lecture
68
Comment by CarlM20on Oct 13, 2024 9:13pm

RE:Akita drilling will surprise on the up side

Hi, I will start a position this week.  Carl
40
Discussion
Comment by Possibleidiot01on Oct 09, 2024 2:39pm

RE:Valuing 32 rigs,land and equipment for less than 2 new rigs

Of that 302,000 shares , 200 thousand shares were a cross , Cormark to Cormark. The 20,000 share block and 80,000 shares blocks are more important IMO 0.629      ...more  
109
Discussion
Post by lifeisgood1010on Oct 09, 2024 12:48pm

Valuing 32 rigs,land and equipment for less than 2 new rigs

This morning, Cormark Securities bought 302,000 shares. So, i am not the only one seing tremendous value in this company I feel i have gone full circle with my posts on what i truly believe is one ...more  
139
Discussion
Post by lifeisgood1010on Oct 07, 2024 12:36pm

CNQ buying Chevron = positive for Akita

Over the years, CNQ as been an active customer of Akita Not saying that Chevron as never been one of Akita's customer but in recent time i haven't seen them as one. Right now, 2 of the 12 ...more  
141
Post by lifeisgood1010on Oct 04, 2024 2:09pm

Research report

For those who want to learn more on what i believe is one of the best undervalued company on the TSX, M.Monachello from ATB Capital as done a very good report. In fact, i think he is very ...more  
131
Post by lifeisgood1010on Oct 04, 2024 1:14pm

Akita drilling will surprise on the up side

Baker Hughes data shows that 5 more rigs were added this week and are now 43 up vs last year. On the US side they are down 2 on the week and 34 vs last year. I will say it again, with 12 rigs ...more  
124
Discussion
Post by lifeisgood1010on Oct 04, 2024 8:08am

Timelo investment... we are setting up for a great Q4

Finally,Timelo is mostly done putting downside pressure on the stock. Last Sept, they had 747,800 shares. Last Dec. 503,500 shares. This April 138,000. Now in their last reporting they show 58,000 ...more  
101
Post by lifeisgood1010on Oct 02, 2024 8:23am

Getting the company for FREE

It seems that a few investors are noticing what Blindpig and i know about this small company. Like i wrote previously, the value of their tax assets is worth more than the value of the share price ...more  
164
Comment by blindpigon Oct 01, 2024 2:18pm

RE:EPS of 17 to 20 cents increase for a stock of $1.50

I also think 10-12 cent dividend would be reasonable along with a 10% share buyback to commence early next year.  Debt to EBITDA would be around 1 so no problem. This would only cost arounf $12 ...more  
81
Discussion
Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
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

Visit Facebook Visit Linked In



CANADIAN RIGS U.S. RIGS PRESENTATION SENIOR EXECUTIVE TEAM INDIGENOUS PARTNERS ESG FINANCIALS

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