OTC · Oil & Gas Drilling

AKITA Drilling Ltd. (AKTAF) Stock

$2.55 +3.24% OTC: AKTAF Energy

Established in 1964 and headquartered in Calgary, Canada, AKITA Drilling Ltd. is a contractor providing specialized drilling services to the oil and gas industry throughout Canada and the United States.

Valuation

MetricValue
Price$2.55
Market Cap$98.89M
P/E Ratio48.71
P/B Ratio0.74
P/S Ratio0.65
EPS (TTM)$0.05
52-Week High$3.05
52-Week Low$2.25
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE1.56%
ROA1.13%
ROCE-0.46%
Gross Margin9.38%
Operating Margin-0.56%
Net Margin1.48%
Debt/Equity0.20
Current Ratio2.66

Annual Financials (USD)

Metric20212022202320242025
Revenue$110.0M$201.0M$225.0M$193.0M$201.0M
Operating Profit$-18.0M$10.0M$14.0M$5.0M$7.0M
Net Profit$-21.0M$4.0M$18.0M$13.0M$14.0M
EPS$-0.53$0.11$0.46$0.32$0.34
Op Margin-16.6%5.1%6.1%2.4%3.7%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$248.0M$268.0M$264.0M$269.0M$252.0M
Total Liabilities$116.0M$130.0M$108.0M$97.0M$69.0M
Cash$2.0M$13.0M$11.0M$7.0M$9.0M
Borrowings$88.0M$95.0M$70.0M$52.0M$36.0M

Latest News

Akita Drilling Ltd.NORMAL COURSE ISSUER BID CNW Group · Aug 6, 2026 Akita Drilling Swings to Q2 Loss MT Newswires · Aug 5, 2026 AKITA announces successful integration of Fox Drilling and second quarter results. CNW Group · Aug 4, 2026 Paramount Resources Completes Distribution of AKITA Drilling Shares MT Newswires · Jul 17, 2026 Paramount Resources Announces Completion of Distribution of AKITA Drilling Shares CNW Group · Jul 16, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-3.0M$18.0M$36.0M$30.0M$55.0M
Investing Cash Flow$-28.0M$-32.0M$-37.0M$-42.0M$-67.0M
Financing Cash Flow$0$0$0$0$-2.0M
Net Cash Flow$-5.0M$12.0M$-2.0M$-4.0M$2.0M
Free Cash Flow$-20.0M$0$11.0M$2.0M$23.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.57
EV / EBITDA6.24
FCF Yield10.09%
Quick Ratio2.66
Interest Coverage-0.49
Return 1Y
Return 3Y
Return 5Y

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
CNNEFCanacol Energy Ltd $1.06 +0.00% 0.58 $36.17M 0.00%
CSTPFArrow Exploration Corp. $0.35 -8.16% 22.81 $99.77M 0.00%
FSHRFFeishang Anthracite Resources Limited $0.01 +0.00% -0.10 $7.18M 0.00%
HPMCFAfrica Energy Corp. $0.11 +0.00% -14.87 $51.27M 0.00%
MCCRFMcCoy Global Inc. $1.61 +0.00% 16.54 $43.71M 4.35%

About AKITA Drilling Ltd.

Established in 1964 and headquartered in Calgary, Canada, AKITA Drilling Ltd. is a contractor providing specialized drilling services to the oil and gas industry throughout Canada and the United States. Its operations encompass the drilling of oil and gas wells, auxiliary drilling for potash mining, and the creation of storage caverns. The company distinguishes itself with its focus on custom-built pad and other specialized drilling rigs, in addition to conventional drilling solutions. As of December 31, 2021, AKITA maintained a fleet of 14 wholly owned and operated drilling rigs in Canada, alongside 8 XDR 500 and 3 XDR 850XE rigs in the United States.

AKITA Drilling Ltd. is headquartered in CA.

AKITA Drilling Ltd. (AKTAF) stock trades at $2.55 with a market capitalization of $98.89M. The stock is valued at a price-to-earnings (P/E) ratio of 48.71, price-to-book of 0.74, price-to-sales of 0.65. Over the past 52 weeks the stock has ranged between $2.25 and $3.05, and currently trades 16.4% below its 52-week high.

On profitability, AKITA Drilling Ltd. generates a return on equity (ROE) of 1.56%, return on capital employed of -0.46%, an operating margin of -0.56%, a net profit margin of 1.48%.

Official website: www.akita-drilling.com

Related Energy Stocks

XOM Oil & Gas Integrated $152.94 -1.23% CVX Oil & Gas Integrated $186.57 -1.41% TTE Oil & Gas Integrated $86.75 +3.05% COP Oil & Gas Exploration & Production $118.06 +3.47% ENB Oil & Gas Midstream $55.14 -0.20% BP Oil & Gas Integrated $43.32 +3.96% EQNR Oil & Gas Integrated $40.95 +7.00% CNQ Oil & Gas Exploration & Production $46.45 +5.11% MPC Oil & Gas Refining & Marketing $308.72 +0.87% VLO Oil & Gas Refining & Marketing $301.32 +0.82% WMB Oil & Gas Midstream $70.13 -0.04% EPD Oil & Gas Midstream $38.67 +0.10%

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Screens featuring this stock

High ROE Energy StocksLow P/E Energy StocksHigh Net Margin Energy StocksDividend Energy StocksLow Debt Energy StocksAll stock screens
Run Stock Screener Investing Guides