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AKT.A

AKITA Drilling TSX:AKT.A Stock Report

Last Price

CA$2.00

Market Cap

CA$79.3m

7D

0%

1Y

129.9%

Updated

03 Dec, 2022

Data

Company Financials +
AKT.A fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

AKT.A Stock Overview

AKITA Drilling Ltd. is an oil and gas drilling contractor in Canada and the United States.

AKITA Drilling Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AKITA Drilling
Historical stock prices
Current Share PriceCA$2.00
52 Week HighCA$2.96
52 Week LowCA$0.81
Beta1.78
1 Month Change8.11%
3 Month Change31.58%
1 Year Change129.89%
3 Year Change81.82%
5 Year Change-71.43%
Change since IPO166.67%

Recent News & Updates

Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?

Sep 23
Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?

AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?

Jun 15
AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?

Recent updates

Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?

Sep 23
Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?

AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?

Jun 15
AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?

Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?

Nov 04
Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?

Is AKITA Drilling (TSE:AKT.A) Weighed On By Its Debt Load?

Jul 22
Is AKITA Drilling (TSE:AKT.A) Weighed On By Its Debt Load?

Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?

Apr 08
Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?

Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?

Dec 24
Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?

Shareholder Returns

AKT.ACA Energy ServicesCA Market
7D0%0.8%0.4%
1Y129.9%39.7%1.2%

Return vs Industry: AKT.A exceeded the Canadian Energy Services industry which returned 36.8% over the past year.

Return vs Market: AKT.A exceeded the Canadian Market which returned 0.6% over the past year.

Price Volatility

Is AKT.A's price volatile compared to industry and market?
AKT.A volatility
AKT.A Average Weekly Movement12.1%
Energy Services Industry Average Movement6.7%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.1%

Stable Share Price: AKT.A is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: AKT.A's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19641,060Linda Southern-Heathcotthttps://www.akita-drilling.com

AKITA Drilling Ltd. is an oil and gas drilling contractor in Canada and the United States. It provides contract drilling services to the oil and gas industry. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns.

AKITA Drilling Ltd. Fundamentals Summary

How do AKITA Drilling's earnings and revenue compare to its market cap?
AKT.A fundamental statistics
Market CapCA$79.30m
Earnings (TTM)-CA$9.32m
Revenue (TTM)CA$175.83m

0.5x

P/S Ratio

-8.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKT.A income statement (TTM)
RevenueCA$175.83m
Cost of RevenueCA$138.50m
Gross ProfitCA$37.33m
Other ExpensesCA$46.66m
Earnings-CA$9.32m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.24
Gross Margin21.23%
Net Profit Margin-5.30%
Debt/Equity Ratio73.6%

How did AKT.A perform over the long term?

See historical performance and comparison