AKITA Drilling Ltd T.AKT.B

Buzz on the Bullboards: A $15 billion oil business combination, Trump, & everything in-between

[lifeisgood1010]

Akita started the spring break up season with 12 rigs working. As of today,Akita still has 11 rigs working. Last quarter,Akita recorded 900 operating days. As of taday, they are at 864.They will

[lifeisgood1010]

For the few readers of my post and don't have the time to go through the annual report,here is  the outlook section. Activity in Canada started the year stronger and strengthened further

[lifeisgood1010]

Yesterday was once again a high volume day for Akita(108,600 shares). I can hear investor say, 108,600 is not a huge volume.but for Akita, it is. This is more than 5 time it's average volume

[lifeisgood1010]

While we are starting the spring break up season(Mid March to mid May). Akita just started working rig 520 (A triple pad ) today for Veren. They now have 2 rigs working for Veren(Rig 520 and rig 56).

[lifeisgood1010]

i would bet that very few investors know how much Akita is outperforming it’s peers in terms of operating days.(Especially in the USA)   I said it yesterday, we are in the first inning of

[Martin1]

I just saw the 52 week high. Interesting. I bought in 2001 for $12. It split in 2005, 2 for 1. My cost is therefore $6. Wonder if we will ever see that number again? Fortunately, I received almost

[Jonathon Brown]

This decline has been exacerbated by President Donald Trump’s erratic implementation of tariff policies and a drop in consumer confidence. read article.

[lifeisgood1010]

Akita’s 12 rigs in the USA are drilling in the Permian.   Permian is about 40% gas and 60% oil.   Today’s nat. gas futures Henry Hub for April are trading at $4.15.These

[lifeisgood1010]

New 52 week high with a  TTM P/E 5.6   Based on the trailing twelve month earning,Akita is trading at a P/E of 5.6 time.   In Q1 of 2024 Akita made 7 cents while

[Possibleidiot01]

Made a 52 week high - only one of three non mining companies to do so on the TSX - Teravest Industries and Knight Theraupeutics being the other two.

[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

[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