AKITA Drilling Ltd AKTAF

Buzz on the Bullboards: TSX stocks making headlines in a U.S. trade war

[lifeisgood1010]

While PD and ESI are close to their 52 week low, Akita is near it's 52 week high witch is $1.78. As of today, operating days for Q1 in Canada for Akita is 822.with 14 days left in the quarter we

[lifeisgood1010]

This week there was a big decrease (35) in active rig count in Canada as per the Baker Hughes web site. This is surely due to the beginning of the road ban(Spring break up). I monitor the rig

[Jonathon Brown]

Investors should keep a close eye on these developments and deepen their due diligence to ensure their portfolios are up to date. read article.

[blindpig]

https://cdn.jwplayer.com/previews/HOK1WPo8 New video out for q4 results. Darcy says they should hit $30 million net debt early in the year. 

[Angles]

Not sure they have it right or if I agree. Hear is what some of the free service advice services say about the latest AKITA Drilling results:

[blindpig]

The net debt now has fallen to $42 million. Q1 outlook seems positive so they should generate good profitability that will be turned into further cash generation in Q2 when drilling slows down in

[lifeisgood1010]

Obviously, you haven't look at the results.I was hoping for at least 12 cents. Tim Monachello from ATB Capital estimate was for 11 cents. They came in at 24 cents You write"All the

[auburn2]

All the depreciation you see should ideally get addressed through capital spending to adequately maintain the rigs, so the financials are pretty uninspiring at this point. They have debt and rig

[Angles]

Actually, when I compare these numbers they are much better than I was expecting. Now they just have to keep going in this direction for as long as they can (like a full year at this rate) and things

[Angles]

I think we got most of what we were looking for in this decent report: Strong rig utilization through second half and mostly carried over into the new year. Solid 4th quarter earnings almost lifting

[PressRelease]

CALGARY, AB, March 10, 2025 /CNW/ - AKITA Drilling Ltd. (TSX: AKT.A)AKITA Drilling Ltd. ("AKITA" or the "Company") announces net income of $12.9 million for the year ended December 31, 2024, compared to $18.4 million in 2023. The decrease in net income in 2024 was due to lower activity in the...read article.

[Angles]

4th quarter and year end earnings being released today after close of the market. Keep your fingers crossed and lets hope for a great report!

[lifeisgood1010]

Here is an update on the activity based on friday's close. As you can see,the 2 majors players are very active so too is Akita while the other 3 are not. The beauty about Akita is it's

[lifeisgood1010]

One more testimony about the strenght of the Canadian drilling industry. Trican supplies oil and natural gas well servicing equipment and solutions to customers through the drilling, completion and

[Newinvestor123]

Lifeisgood1010, great analysis! I enjoy reading your posts.

[lifeisgood1010]

Hi Newinvestor, Here's my 2 cents on Akita vs Precision. While in the same industry,they are 2 diffferent beasts so not exactly comparable. We will see very different results from Akita