ACT Energy Technologies Ltd. (ACX.TO) Research

Operating across Canada and the United States, ACT Energy Technologies Ltd., along with its subsidiaries, delivers specialized directional drilling services primarily to oil and natural gas enterprises. Its comprehensive suite of services encompasses remote directional and measurement-while-drilling (MWD) solutions, automated gamma logging, drilling optimization, and both well planning and rotary steerable services. Furthermore, the company supplies essential drilling equipment, including mud motors, MWD technology, advanced rotary steerable systems, and various downhole components. ACT Energy also operates real-time operations centers, offering continuous monitoring, collaborative support, and optimization. Complementing these, it provides equipment rental, training, and critical maintenance and repair services. Founded in 1998 and headquartered in Calgary, Canada, the company recently rebranded in July 2024, changing its name from Cathedral Energy Services Ltd. to ACT Energy Technologies Ltd.

Market snapshot

Symbol
ACX.TO
Price
$6.20
Day change
+0.49%
Market cap
$207.5M
P/E ratio
16.16x
52-week range
4.42-7.74
Sector
Energy
Industry
Oil & Gas Drilling
Next earnings
in 2 months

Peer companies

  • Anfield Energy Inc. (AEC.V)
  • AKITA Drilling Ltd. (AKT-A.TO)
  • Gran Tierra Energy Inc. (GTE.TO)
  • Hemisphere Energy Corporation (HME.V)
  • Kolibri Global Energy Inc. (KEI.TO)
  • Mega Uranium Ltd. (MGA.TO)
  • Pulse Seismic Inc. (PSD.TO)
  • Reconnaissance Energy Africa Ltd. (RECO.V)

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