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)

Fuelling growth: AKITA rides the momentum in North America’s oil & gas revival

Jonathon Brown 23 hours ago

AKITA announces first quarter results with net income of $8.6 million.

Canada NewsWire 7 days ago

Two profitable small-cap stocks to boost portfolio quality

Trevor Abes March 14, 2025

AKITA announces 2024 annual results with net income of $12.9 million and repayment of $20 million in debt

Canada NewsWire March 10, 2025

Two micro-cap stocks with strong fundamentals

Trevor Abes November 22, 2024

Rig Count Soars as Utilization Surpasses Industry Averages

Jocelyn Aspa November 20, 2024

View More News ››

Opinion & Analysis (TSX:AKT.A)

Why your eyes should be on this oil & gas company in 2025

Lyndsay Malchuk February 4, 2025

Drilling company poised to capitalize on market conditions

Ryan Dhillon May 28, 2024

View More Opinion ››

Bullboard Posts (TSX:AKT.A)

RE:RE:RE:RE:Annual Meeting Webcast Today at 10:00 am (Calgary Time)

Okey thanks

Pacman101 - 18 hours ago

RE:RE:RE:RE:Annual Meeting Webcast Today at 10:00 am (Calgary Time)

Pacman101 - 18 hours ago

RE:RE:RE:Annual Meeting Webcast Today at 10:00 am (Calgary Time)

Hi Pacman101, If you look at Q2 of last year, they paid $17 million of debt in that quarter alone. With the MUCH, MUCH BETTER...

lifeisgood1010 - 18 hours ago

RE:RE:RE:A unique company trading at a P/E of less than 3

Great post lifeisgood1010. I am also confident in this investment and loaded up heavily in this security, thanks!

Newinvestor123 - 18 hours ago

AGM

I listened to the AGM broadcast. We probably knew that the top priority would be debt reduction. What was said, is that once below $30...

lifeisgood1010 - 18 hours ago

RE:RE:Annual Meeting Webcast Today at 10:00 am (Calgary Time)

okey No buy back until has come down to approx 30 mill That will be next year Good then i can add all year long :)

Pacman101 - 19 hours ago

View more Bullboard ››

Connect with T.AKT

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

The Watchlist

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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

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