AKITA Drilling Ltd. (AKTAF) Research

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.

Market snapshot

Symbol
AKTAF
Price
$2.56
Day change
-2.66%
Market cap
$133.1M
P/E ratio
51.71x
52-week range
1.21-5.85
Sector
Energy
Industry
Oil & Gas Drilling
Next earnings
in 1 month

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