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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... see more

Bullboard (TSX:AKT.A)

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Post by lifeisgood1010on Nov 01, 2024 3:36pm

Playing game...?

I am not a believer of stock manipulation but this one is odd. Obviously, Cannaccord as more than one customer ,so it may not be the same customer at Cannaccord.Still awfully weird the trading ...more

Post by lifeisgood1010on Nov 01, 2024 1:58pm

You only need one....

When you hold an illiquid stock like Akita, you can expect these kind of days. That is why some investors do shy away from illiquid stocks. On a personal basis, i couldn't care less.It creates ...more

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Post by lifeisgood1010on Oct 31, 2024 2:18pm

Rig demand growth

Just picked this from PD' board. Comments from PD CEO on the conference call. I doubt that many are realizing the growth that lies ahead for the drillers. At these bottom prices it is certainly ...more

Comment by blindpigon Oct 30, 2024 7:59pm

RE:Precision outlook

Precision Drilling CEO on BNN https://www.bnnbloomberg.ca/video/shows/the-close/2024/10/30/precision-drilling-reports-higher-revenue-and-profit-for-q3/

Discussion

Post by lifeisgood1010on Oct 30, 2024 9:34am

Precision outlook

Precision reported last night. Here is the outlook they gave.If this does not convince you, i don't know what will. Precision is the kingpin and best at class.Akita is much much smaller but a ...more

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Discussion

Post by lifeisgood1010on Oct 29, 2024 10:15am

Ranking drillers by activity

Good morning Itsalie, You surely know that Trican is not a land drillerIt has no drilling rig per say. that is why it is not included. Trican Well Service Ltd. is a provider of oilfield services ...more

Comment by itsalieon Oct 29, 2024 9:37am

RE:Ranking drillers by activity

No Trican on that list?

Discussion

Comment by blindpigon Oct 26, 2024 2:34pm

RE:Ranking drillers by activity

Lifeisgood, thanks for doing the work on rig activity. I've added to my position over the last few months. Akita stock has outperformed PD over the last 3 months, and it looks ...more

Discussion

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

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

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

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

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