AKITA Drilling Ltd.

AKITA Drilling Ltd.

AKTAF
AKITA Drilling Ltd.US flagOther OTC
2.65
USD
+0.03
- -
101.75MMarket Cap
AKITA Drilling Ltd.
AKTAF
(Other OTC)

Recent

price

2.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.12
11.06
11.31
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
Revenue per Share
0.31
1.29
1.6
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
Basic EPS, GAAP
1.76
1.89
2.33
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
Free Cash Flow per Basic Share
0.28
0.28
0.28
0.31
0.34
0.34
0.34
0.34
0.32
0.26
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
8.69
10.95
12.27
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
Book Value per Share
10.12
11.1
12.44
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
Tangible Book Value per Share
18
18
18
18
18
18
18
18
25
40
40
40
40
40
40
40
39
Basic Weighted Avg Shares
111
200
203
168
165
112
61
71
118
176
120
110
201
225
193
201
147
Sales/Revenue/Turnover
6.87
15.19
11.2
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
Operating Margin (%)
25
21
24
27
30
37
24
27
27
37
33
29
30
29
28
29
22
Depreciation Expense
6
23
29
27
21
-34
5
-39
-16
-20
-93
-21
4
18
13
14
1
Net Income, GAAP
33.01
26.48
25.14
25.69
25.04
- -
29.28
- -
- -
- -
- -
- -
- -
0.7
18.45
18.01
50.46
Effective Tax Rate (%)
5.13
11.68
14.13
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
Profit Margin (%)
61
39
31
41
-5
16
35
16
11
4
9
7
31
27
24
20
31
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
74
77
76
86
94
70
51
36
36
LT Debt
184
201
224
245
260
220
220
174
272
245
152
131
138
156
172
183
180
Total Equity
2.65
11.51
7.98
5.12
1.24
- -
0.14
- -
- -
- -
- -
- -
- -
5.99
1.69
2.77
-0.31
Return on Invested Capital (%)
3.41
13.14
13.74
11.49
8.2
- -
2.52
- -
- -
- -
- -
- -
- -
11.37
7.79
7.59
0.98
Return on Capital (%)
3.41
13.13
13.74
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
Return on Common Equity (%)

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

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