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FAST-MOVING, HIGH-PERFORMANCE DRILLING RIGS
Leading intermediate North American land drilling contractor


Stock Quote Today & Recent News AKITA Drilling Ltd T.AKT.A

Alternate Symbol(s):  AKTAF | T.AKT.B

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
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Current News (TSX:AKT.A)

AKITA announces third quarter results and net income of $1.1 million for the quarter

Canada NewsWire November 4, 2024

AKITA announces second quarter results and repayment of $17 million of debt in the quarter

Canada NewsWire July 30, 2024

AKITA Drilling Ltd. Announces Director Election Results

Canada NewsWire May 15, 2024

AKITA announces first quarter results with net income of $2.6 million and EBITDA of $12.5 million for the quarter.

Canada NewsWire May 6, 2024

AKITA announces 2023 annual results with net income of $18.4 million and repayment of $24 million in debt

Canada NewsWire March 21, 2024

AKITA Drilling: A picks-and-shovels oil stock in deep value territory

Trevor Abes  February 29, 2024
View More News ››

Opinion & Analysis (TSX:AKT.A)

Drilling company poised to capitalize on market conditions

Ryan Dhillon May 28, 2024
View More Opinion ››

Bullboard Posts (TSX:AKT.A)

Stampede Drilling outlook.More of the same

Stampede Drilling reported last night. It's a small outfit with 19 rigs. Still more of the same when it comes to the outlook...
lifeisgood1010 - 4 days ago

Added to my watchlist

This could be big for Akita
DPSMAN7 - 4 days ago

Paramount part 2

I was looking who is Paramount using for it's drilling as of yesterday. Paramount are using the 5 drilling rigs of Fox Drilling...
lifeisgood1010 - 5 days ago

Paramount budget for 2024 = $575 million

I got this from AI without doing other research so do your own DD But from the likes of it there is a good potential for drilling $$...
lifeisgood1010 - 5 days ago

Ovintiv possible impact on Akita

I have never seen Paramout as a customer of Akita. But Akita as been drilling in the Permian this year for Ovintiv. This massive...
lifeisgood1010 - 5 days ago

Already more than Q2

We are not even half way throught Q4 and Akita as performed more working days than in Q2 Today, they have reached 474 working days...
lifeisgood1010 - 6 days ago
View more Bullboard ››

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CANADIAN RIGS U.S. RIGS PRESENTATION SENIOR EXECUTIVE TEAM INDIGENOUS PARTNERS ESG FINANCIALS

Investor Presentation

View the Presentation

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

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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