Akita Drilling Ltd.

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: CA0099051009
CAD
1.98
0.02 (1.02%)
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stock-summaryCompany CV
About Akita Drilling Ltd. stock-summary
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Akita Drilling Ltd.
Construction
AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada. The Company manages its business through approximately two geographic regions, which include Canada and the United States. The Company specializes in the construction and retrofit of heavy oil pad drilling rigs associated with Steam Assisted Gravity Drainage (SAGD) operations. Its rigs are used in operations spanning Fort McMurray, the Alberta oil sands region. The Company also has shale gas operations in the Horn River Basin area of Northeast British Columbia. AKITA is involved in drilling horizontal shale gas wells, with a fleet of deep capacity triple rigs in the areas of Alberta and British Columbia, including the Montney, Duvernay and Horn River regions.
Company Coordinates stock-summary
Company Details
333 7 Ave SW Suite 1000 , CALGARY AB : T2P 2Z1
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Tel: 1 403 29279791 403 2927530
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Registrar Details
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Shareholding Snapshotstock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Foreign Institutions

Domestic Funds

Held in 0 Schemes (0%)

Foreign Institutions

Held by 1 Foreign Institutions (0.06%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summary Board of Directorsstock-summary
Management
Designation
Ms. Linda Southern-Heathcott
Chairman of the Board
Mr. Karl Ruud
President, Chief Executive Officer, Director
Ms. Nancy Southern
Vice Chairman of the Board
Mrs. Dale Richardson
Director
Ms. Loraine Charlton
Independent Director
Mr. Douglas Dafoe
Independent Director
Mr. Harish Mohan
Independent Director
Mr. Henry Wilmot
Independent Director
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Revenue and Profits:
Net Sales:
50 Million
(Quarterly Results - Jun 2025)
Net Profit:
2 Million
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Industry

Construction

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Market cap

CAD 78 Million (Micro Cap)

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P/E

4.00

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Industry P/E

NA

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Dividend Yield

0.00%

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Debt Equity

0.16

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Return on Equity

12.20%

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Price to Book

0.43