Akita Drilling Overview
- Year Founded
-
1992
- Status
-
Public
- Employees
-
1,068
- Stock Symbol
-
AKT.A
- Investments
-
1
- Share Price
-
$1.19
- (As of Friday Closing)
Akita Drilling General Information
Description
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, mainly to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.
Contact Information
Website
www.akita-drilling.comCorporate Office
- 333 7th Avenue South West
- Suite 1000
- Calgary, Alberta T2P 2Z1
- Canada
Corporate Office
- 333 7th Avenue South West
- Suite 1000
- Calgary, Alberta T2P 2Z1
- Canada
Akita Drilling Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.19 | $1.19 | $0.88 - $1.38 | $47.8M | 39.7M | 26.9K | $0.09 |
Akita Drilling Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 81,273 | 94,406 | 117,676 | 90,389 |
| Revenue | 137,826 | 166,961 | 154,265 | 87,771 |
| EBITDA | 30,130 | 39,700 | 30,931 | 8,454 |
| Net Income | 3,589 | 13,636 | 3,291 | (16,735) |
| Total Assets | 176,939 | 198,734 | 197,672 | 194,173 |
| Total Debt | 39,452 | 53,079 | 70,223 | 69,388 |
Akita Drilling Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Akita Drilling Comparisons
Industry
Financing
Details
Akita Drilling Competitors (3)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Borr Drilling | Corporation | Hamilton, Bermuda | ||||
| Independence Contract Drilling | Formerly PE-Backed | Houston, TX | ||||
| Unit (US) | Corporation | Tulsa, OK |
Akita Drilling Patents
Akita Drilling Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20150099379-A1 | Safety device for an electrical plug and receptacle | Active | 03-Oct-2013 | ||
| CA-2828842-A1 | Safety device for an electrical plug and receptacle | Active | 03-Oct-2013 | ||
| US-9312624-B2 | Safety device for an electrical plug and receptacle | Inactive | 03-Oct-2013 | ||
| CA-2828842-C | Safety device for an electrical plug and receptacle | Active | 03-Oct-2013 | H01R13/44 |
Akita Drilling Executive Team (6)
| Name | Title | Board Seat |
|---|---|---|
| Colin Dease | Chief Executive Officer & President | |
| Darcy Reynolds | Chief Financial Officer, Finance & Vice President | |
| Colette Coleman | Vice President, Operations |
Akita Drilling Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Chairman & Board Member | ||
| Self | Board Member | ||
| Self | Board Member |
Akita Drilling Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Akita Drilling Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Xtreme Drilling and Coil Services | 11-Sep-2018 | Other Energy Services |
Akita Drilling Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Akita Drilling USA | Energy Exploration | Denver, CO |
Akita Drilling ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Energy Services
Industry
Rank
Percentile
Oil & Gas Drilling
Subindustry
Rank
Percentile
Akita Drilling FAQs
-
When was Akita Drilling founded?
Akita Drilling was founded in 1992.
-
Who is the CEO of Akita Drilling?
Colin Dease is the CEO of Akita Drilling.
-
Where is Akita Drilling headquartered?
Akita Drilling is headquartered in Calgary, Canada.
-
What is the size of Akita Drilling?
Akita Drilling has 1,068 total employees.
-
What industry is Akita Drilling in?
Akita Drilling’s primary industry is BPO/Outsource Services.
-
Is Akita Drilling a private or public company?
Akita Drilling is a Public company.
-
What is Akita Drilling’s stock symbol?
The ticker symbol for Akita Drilling is AKT.A.
-
What is the current stock price of Akita Drilling?
As of 04-Oct-2024 the stock price of Akita Drilling is $1.19.
-
What is the current market cap of Akita Drilling?
The current market capitalization of Akita Drilling is $47.8M.
-
What is Akita Drilling’s current revenue?
The trailing twelve month revenue for Akita Drilling is $138M.
-
Who are Akita Drilling’s competitors?
Borr Drilling, Independence Contract Drilling, and Unit (US) are competitors of Akita Drilling.
-
What is Akita Drilling’s annual earnings per share (EPS)?
Akita Drilling’s EPS for 12 months was $0.09.
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