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  |  Price History  |  Ratios  |  Insiders
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 to the oil and gas industry in Canada and the United States. It is also involved in the drilling related to potash mining and the development of storage caverns. The company was Incorporated in 1992 and is headquartered in Calgary, Canada. AKITA Drilling Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.

Bullboard (TSX:AKT.A)

View:
User Avatar Image
(52)
•••
  • pennydredfulX
Comment by pennydredfulon Apr 07, 2026 11:26pm

RE:Recent stockhouse article

Stockhouse  emailed   this  to  every  stockhouse  member  today   presumably  with  the company,s permission  . Madly    ...more  
User Avatar Image
(1721)
•••
  • Possibleidiot01X
Post by Possibleidiot01on Apr 02, 2026 6:12pm

Recent stockhouse article

Put out yesterday . Paid for by company , me thinks. AKITA Drilling: A gold standard oil and gas stock Trevor Abes , The Market Link  ...more  
User Avatar Image

•••
  • Jonathon BrownX
Post by Jonathon Brownon Apr 02, 2026 9:39am

Buzz on the Bullboards: Global jitters, selective opportunities

User Avatar Image
(27)
•••
  • Tim2AgamiX
Comment by Tim2Agamion Mar 26, 2026 12:42pm

RE:RE:RE:Is Akita's valuation still discounted to peers?

BPig wrote: "If Akita can even improve EBITDA from $50 million to $60 million range this year, buy back 2 million shares, and reduce debt to $20 million,  it would be a $6 stock with just a ...more  
Comment by blindpigon Mar 26, 2026 12:50am

RE:RE:Is Akita's valuation still discounted to peers?

Hey lifeisgood,  I'm not so worried about q to q fluctuations, especially those caused by winter break up in AB. Not surprised breakup came early this year. It was much warmer than normal ...more  
User Avatar Image
(537)
•••
  • lifeisgood1010X
Comment by lifeisgood1010on Mar 25, 2026 1:15pm

RE:Is Akita's valuation still discounted to peers?

Great post Blindpig. My only concern is the operating days.We are seeing a very early spring break up coupled with lower activity versus last year in Canada Last year on the same date, we had 10 ...more  
Comment by malx1on Mar 25, 2026 11:07am

RE:RE:$7 for Class B, while Class A sits at $3.50... BNN groupies

Cattle paid $7 a few days ago, now they are paying $4. OOOOOOOOOOOPS
Post by blindpigon Mar 25, 2026 4:08am

Is Akita's valuation still discounted to peers?

I did a quick calculation to see how fairly Akita's valuation now compares to Precision Drilling and Ensign Energy based on 2025 results.  Akita has an EV now of $180 million with EBITDA of ...more  
Comment by blindpigon Mar 24, 2026 8:41am

RE:RE:RE:RE:RE:$7 for Class B, while Class A sits at $3.50... BNN groupies

Yes! He did say he's heard of Akita before and then stubbles first calling them a larger company and then correcting himself. Hearing about a company and knowing it well are different things. OK ...more  
User Avatar Image
(45)
•••
  • Newinvestor123X
Comment by Newinvestor123on Mar 24, 2026 8:07am

RE:RE:RE:RE:$7 for Class B, while Class A sits at $3.50... BNN groupies

Hi Blindpig, actually Jeff Parent said he is familiar with the company and noted it recently reported earnings which in part is supporting the share price of the stock then he went on to provide his ...more  
Comment by blindpigon Mar 24, 2026 4:31am

RE:RE:RE:$7 for Class B, while Class A sits at $3.50... BNN groupies

I've followed/owned Akita for 20 years and this is the first time I've seen it talked about on market call or anywhere on bnn. Obviously, Jeff Parent didn't know anything about the company ...more  
User Avatar Image
(45)
•••
  • Newinvestor123X
Comment by Newinvestor123on Mar 23, 2026 3:27pm

RE:RE:$7 for Class B, while Class A sits at $3.50... BNN groupies

Found it...Jeff Parent spoke about the stock on MarketCall, the 2nd last call before his top picks. The call was relating to the class A shares and that was the chart on the television screen and not ...more  
Comment by auburn2on Mar 23, 2026 2:56pm

RE:$7 for Class B, while Class A sits at $3.50... BNN groupies

Cattle? Where do you see Akita mentioned on BNN?
Post by malx1on Mar 23, 2026 2:15pm

$7 for Class B, while Class A sits at $3.50... BNN groupies

Looks like a guest may have mentioned AKT and the cattle started stampeding into class B shares for $7 when Class A non-voting are available for $3.50. This is a classic BNN zombie mistake. Smart ...more  
User Avatar Image
(45)
•••
  • Newinvestor123X
Post by Newinvestor123on Mar 21, 2026 8:27am

Positives

The share price is near its 52 week high continuing to increase in a down market which is now nearing correction territory. In the latest earnings report the company confirmed it repaid 15 million ...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



The Watchlist

The Watchlist
{{currentVideo.videoCaption}}
< Previous Video {{moreVideoText}} Next Video >

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