AKITA Drilling Ltd T.AKT.A

All on the same page

[lifeisgood1010]

So far, EVERY company that have reported Q3 results are seeing and saying the same
thing in regards to the activity outlook for the drilling and service drilling sector in Q4 and 2025.

If it were one or two, i would have some reserve.But the fact that 100% of them are on the
same page in what they see give me even more confidence in my bullish thesis on this sector.

Last nigh two other energy service sector reported (Pason and ACT).

Here is what they said.

Pason

 

We expect that North American land drilling will remain near current levels in the remainder of 2024 before beginning to increase in 2025, with completions activity following a similar trajectory."

------------------------------------------------------------------------

 

ACT Energy(FormalyCathedral energy services).

 

With a constructive outlook in our Canadian business, improving outlook in the longer-term for the U.S.