AKT.A Stock Overview
Operates as an oil and gas drilling contractor in Canada and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
AKITA Drilling Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.65 |
| 52 Week High | CA$1.87 |
| 52 Week Low | CA$1.20 |
| Beta | 1.97 |
| 1 Month Change | -2.37% |
| 3 Month Change | -1.20% |
| 1 Year Change | 10.00% |
| 3 Year Change | 48.65% |
| 5 Year Change | 77.42% |
| Change since IPO | 120.00% |
Recent News & Updates
Earnings Miss: AKITA Drilling Ltd. Missed EPS By 40% And Analysts Are Revising Their Forecasts
Nov 08
Take Care Before Diving Into The Deep End On AKITA Drilling Ltd. (TSE:AKT.A)
Sep 24Recent updates
Earnings Miss: AKITA Drilling Ltd. Missed EPS By 40% And Analysts Are Revising Their Forecasts
Nov 08Take Care Before Diving Into The Deep End On AKITA Drilling Ltd. (TSE:AKT.A)
Sep 24AKITA Drilling Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 09We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 31Here's Why AKITA Drilling (TSE:AKT.A) Has A Meaningful Debt Burden
Mar 05Market Cool On AKITA Drilling Ltd.'s (TSE:AKT.A) Revenues
Jan 25The Return Trends At AKITA Drilling (TSE:AKT.A) Look Promising
Nov 08Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Jul 12We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 27Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Sep 23AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?
Jun 15Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Nov 04Is AKITA Drilling (TSE:AKT.A) Weighed On By Its Debt Load?
Jul 22Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Apr 08Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?
Dec 24
Shareholder Returns
| AKT.A | CA Energy Services | CA Market | |
|---|---|---|---|
| 7D | 1.9% | -2.4% | 0.03% |
| 1Y | 10.0% | 31.0% | 18.0% |
Return vs Industry: AKT.A underperformed the Canadian Energy Services industry which returned 32.6% over the past year.
Return vs Market: AKT.A underperformed the Canadian Market which returned 16.9% over the past year.
Price Volatility
| AKT.A volatility | |
|---|---|
| AKT.A Average Weekly Movement | 3.4% |
| Energy Services Industry Average Movement | 5.0% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in CA Market | 18.5% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: AKT.A has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: AKT.A's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | 1,068 | Colin Dease | www.akita-drilling.com |
AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada.
AKITA Drilling Ltd. Fundamentals Summary
| AKT.A fundamental statistics | |
|---|---|
| Market cap | CA$66.59m |
| Earnings (TTM) | CA$2.09m |
| Revenue (TTM) | CA$177.79m |
31.4x
P/E Ratio0.4x
P/S RatioIs AKT.A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AKT.A income statement (TTM) | |
|---|---|
| Revenue | CA$177.79m |
| Cost of Revenue | CA$137.27m |
| Gross Profit | CA$40.51m |
| Other Expenses | CA$38.43m |
| Earnings | CA$2.09m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.053 |
| Gross Margin | 22.79% |
| Net Profit Margin | 1.18% |
| Debt/Equity Ratio | 34.7% |
How did AKT.A perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/05 06:13 |
| End of Day Share Price | 2025/02/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AKITA Drilling Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tim Monachello | ATB Capital Markets |
| Michael Mazar | BMO Capital Markets Equity Research |
| null null | RBC Capital Markets |