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    Oil & Gas Drilling
AKITA Drilling Ltd.

AKITA Drilling Ltd.

AKTAF
AKITA Drilling Ltd.US flagOther OTC
2.65
USD
+0.03
- -
101.75MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.36
9.21
6.27
3.4
3.97
4.82
4.44
3.02
2.78
5.07
5.69
4.87
5.06
3.72
Basic EPS, GAAP
1.48
1.17
-1.89
0.3
-2.18
-0.65
-0.5
-2.35
-0.53
0.11
0.46
0.32
0.35
0.03
Free Cash Flow per Basic Share
2.2
2.26
2.31
0.66
0.28
-0.35
0.54
0.58
-0.09
0.46
0.9
0.76
1.11
0.79
Dividend per Share
0.31
0.34
0.34
0.34
0.34
0.32
0.26
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13.47
14.29
12.06
12.02
9.5
10.87
6.07
3.71
3.18
3.29
3.75
4.07
4.39
4.32
Tangible Book Value per Share
13.65
14.48
12.27
12.24
9.72
11.07
6.19
3.84
3.32
3.48
3.93
4.32
4.62
4.56
Basic Weighted Avg Shares
18
18
18
18
18
25
40
40
40
40
40
40
40
39
Sales/Revenue/Turnover
168
165
112
61
71
118
176
120
110
201
225
193
201
147
Operating Margin (%)
9.61
2.63
-11.93
0.71
-44.58
-14.73
-10.63
-14.67
-18.89
2.14
6.13
2.4
3.71
-0.95
Depreciation Expense
27
30
37
24
27
27
37
33
29
30
29
28
29
22
Net Income, GAAP
27
21
-34
5
-39
-16
-20
-93
-21
4
18
13
14
1
Effective Tax Rate (%)
25.69
25.04
- -
29.28
- -
- -
- -
- -
- -
- -
0.7
18.45
18.01
50.46
Profit Margin (%)
15.77
12.75
-30.19
8.73
-55.03
-13.47
-11.3
-77.95
-19.07
2.13
8.17
6.65
6.93
0.88
Working Capital
41
-5
16
35
16
11
4
9
7
31
27
24
20
31
LT Debt
- -
- -
- -
- -
- -
74
77
76
86
94
70
51
36
36
Total Equity
245
260
220
220
174
272
245
152
131
138
156
172
183
180
Return on Invested Capital (%)
5.12
1.24
- -
0.14
- -
- -
- -
- -
- -
- -
5.99
1.69
2.77
-0.31
Return on Capital (%)
11.49
8.2
- -
2.52
- -
- -
- -
- -
- -
- -
11.37
7.79
7.59
0.98
Return on Common Equity (%)
11.46
8.46
-14.36
2.47
-20.29
-7.29
-7.84
-48.16
-15.37
3.34
13.19
8.28
8.29
0.76

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1
1
LT Borrowings
- -
35
35
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
39
38
Market Capitalization
82
81
149

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
40
50
Cash, Cash Equivalents & STI
- -
9
8
Accounts Receivable, Net
- -
29
40
Inventories
- -
- -
- -
Total Current Liabilities
- -
20
19
Payables & Accruals
- -
19
18
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.84%
4.22%
6.79%
Free Cash Flow
-135.88%
-123%
45.41%
Net Income, GAAP
-50.66%
21.91%
8.19%
Sales/Revenue/Turnover
13.02%
15.28%
3.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46
38
46
63
193
2025
65
50
- -
42
201
2026
55
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
-0.01
0.03
- -
0.32
2025
0.22
0.06
- -
- -
0.35
2026
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Colin A. Dease
Full Time Employees
1,000
Sector
Energy
Industry
Oil & Gas Drilling
Address
1000, 333 – 7th Avenue S.W. Calgary AB Canada T2P 2Z1
IPO Date
Jul 13, 2009
Website
akita-drilling.com
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Business
AKITA Drilling Ltd. AKITA Drilling Ltd. operates as a Canadian oil and gas drilling contractor providing contract drilling services to exploration and production companies in Canada and the United States; its core offerings include drilling of oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells for gas storage caverns, utilizing a fleet of 32 to 36 high-specification land drilling rigs equipped with advanced technologies such as pad rigs that comprise approximately half of its deep capacity fleet for optimized drilling programs in heavy oil, shale gas, oil sands, and basins like the Montney and Permian. The company maintains two primary operating segments, with its Canadian division deploying 17 rigs across Alberta, British Columbia, and Saskatchewan targeting oil sands, heavy oil regions, and Montney gas plays, while its U.S. operations, based in Midland, Texas, feature 13 high-spec AC triple rigs, one AC double rig, and one DC triple rig primarily serving the Permian Basin. Founded in 1964 and headquartered in Calgary, Alberta, AKITA Drilling Ltd. employs around 1,000 to 1,064 personnel and functions as a subsidiary of Sentgraf Enterprises Ltd., with geographic focus on major North American resource basins. In recent developments, the company reported net income of $1.5 million for the third quarter of 2025 and $2.3 million for the second quarter including $10 million in debt repayment and initiation of a normal course issuer bid, while it previously completed the acquisition of Xtreme Drilling Corp. via a plan of arrangement to expand its fleet and capabilities.

Company News

APIChatGPT

  • defenseworld.net

    AKITA Drilling (AKTAF) Expected to Announce Quarterly Earnings on Monday

  • defenseworld.net

    AKITA Drilling Ltd. (OTCMKTS:AKTAF) Sees Significant Increase in Short Interest