AKITA Drilling (AKT.A.TO) Stock Price
AKITA Drilling Price
AKITA Drilling (AKT.A.TO) Stock | ISIN CA0099051009 | WKN 913304. The current AKITA Drilling stock price is 4.05 CAD (2026). Revenue is 231.75 M CAD. Net income is 9.08 M CAD. The P/E ratio is 17.87. Market capitalization is 162.32 M CAD. AKITA Drilling operates in the Energy sector.
Over the last 19 years AKITA Drilling grew revenue by 0.9% annually, reaching 193.33 M CAD. Earnings per share have declined at 8% per year over the last 19 years. For AKITA Drilling, the net margin of 6.7% is up versus -77.9% a few years ago. At today's price the dividend yield works out to roughly 4.2%.
AKITA Drilling stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of AKITA Drilling over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how AKITA Drilling stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing AKITA Drilling's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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AKITA Drilling Revenue, EBIT, Net Income
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AKITA Drilling Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (M CAD) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (M CAD) |
| NET INCOME (M CAD) |
| NET INCOME GROWTH (%) |
| SHARES (M) |
| DOCUMENTS |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e | 2027e |
|---|---|---|---|---|---|---|---|
| 119 | 110 | 200 | 225 | 193 | 227 | 231 | 234 |
| -32 | -7.56 | 81.82 | 12.5 | -14.22 | 17.62 | 1.76 | 1.3 |
| 41.18 | 18.18 | 24.5 | 21.78 | 25.39 | 21.59 | 21.21 | 20.94 |
| 49 | 20 | 49 | 49 | 49 | 49 | 49 | 49 |
| -93 | -20 | 4 | 18 | 12 | 13 | 9 | 9 |
| 389.47 | -78.49 | -120 | 350 | -33.33 | 8.33 | -30.77 | – |
| 39.6 | 39.61 | 40.09 | 40.11 | 40.08 | 40.08 | 40.08 | 40.08 |
| – | – | – | – | – | – | – | – |
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Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales AKITA Drilling generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue AKITA Drilling retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare AKITA Drilling's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares AKITA Drilling has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against AKITA Drilling's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
AKITA Drilling stock margins
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AKITA Drilling Stock Revenue, EBIT, Earnings per Share
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AKITA Drilling business model & stock analysis
AKITA Drilling SWOT Analysis
Strengths
AKITA Drilling Ltd boasts several key strengths that contribute to its competitive advantage, including:
- Extensive experience and expertise in the drilling industry.
- Strong reputation for delivering high-quality drilling services.
- Well-established customer base and long-term contracts with major oil and gas companies.
- Modern and well-maintained drilling equipment.
- Efficient and streamlined operations resulting in cost savings.
Weaknesses
Despite its strengths, AKITA Drilling Ltd also faces certain weaknesses that pose challenges for the company:
- Dependency on the oil and gas industry, which is subject to market fluctuations.
- High level of competition in the drilling sector.
- Reliance on a limited geographic market, potentially hindering growth opportunities.
- Risk of equipment breakdowns and maintenance costs.
- Potential environmental concerns and regulatory compliance obligations.
Opportunities
AKITA Drilling Ltd can capitalize on various opportunities to further expand its business:
- Exploring new markets and expanding geographically.
- Diversifying its service offerings to include other industries beyond oil and gas.
- Investing in research and development to enhance drilling technology and efficiency.
- Collaborating with renewable energy companies to tap into the growing demand for clean energy.
- Participating in government initiatives and contracts related to infrastructure development.
Threats
AKITA Drilling Ltd should be mindful of potential threats that could impact its operations negatively:
- Volatility in oil and gas prices, affecting demand for drilling services.
- Increase in competition from new entrants in the drilling market.
- Stringent environmental regulations and public sentiment towards fossil fuel industries.
- Economic downturns and fluctuations in the global economy.
- Political and regulatory uncertainties that may impact the company's ability to operate in certain regions.
AKITA Drilling Eulerpool Fair Value
AKITA Drilling historical P/E ratio, EBIT multiple, and P/S ratio
AKITA Drilling annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
AKITA Drilling shares outstanding
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AKITA Drilling Dividend History
24 years of dividend payments
AKITA Drilling dividend history and estimates
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AKITA Drilling dividend payout ratio
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AKITA Drilling Earnings Estimates
AKITA Drilling Earnings Estimates
| Date | EPS estimate | Revenue Estimate | Quarterly report |
|---|---|---|---|
| 5/2/2024 | 0.12CAD | 70.04 MCAD | 2024 Q1 |
| 3/18/2024 | 0.03CAD | 57.68 MCAD | 2023 Q4 |
| 7/31/2023 | 0.05CAD | 59.88 MCAD | 2023 Q2 |
| 5/3/2023 | 0.09CAD | 71.05 MCAD | 2023 Q1 |
| 3/13/2023 | 0.06CAD | 64.96 MCAD | 2022 Q4 |
| 11/3/2022 | 0.01CAD | 53.79 MCAD | 2022 Q3 |
| 8/2/2022 | -0.03CAD | 46.69 MCAD | 2022 Q2 |
| 5/4/2022 | -0.08CAD | 52.78 MCAD | 2022 Q1 |
| 3/14/2022 | -0.09CAD | 38.57 MCAD | 2021 Q4 |
| 11/4/2021 | -0.08CAD | 36.54 MCAD | 2021 Q3 |
AKITA Drilling shareholder structure
| % | Name |
|---|---|
16.77104% | |
11.16349% | |
4.16596% | |
1.77672% | |
0.4537% | |
0.39547% | |
0.25489% | |
0.17137% | |
0.14396% | |
0.10777% |
AKITA Drilling Executives and Management Board
Mr. Colin Dease
(50)President and Chief Executive Officer
Mr. Darcy Reynolds
(49)Vice President - Finance and Chief Financial Officer
Ms. Linda Southern-Heathcott
(62)Executive Chairman of the Board · since 1993
Mr. Harish Mohan
(72)Independent Director
Ms. Loraine Charlton
(68)Independent Director
AKITA Drilling Supply Chain
Frequently asked questions about AKITA Drilling
AKITA Drilling Ltd is an industry-leading drilling contractor. Their business model revolves around providing drilling services to the oil and gas exploration and production companies. With their vast fleet of technologically advanced drilling rigs, AKITA Drilling offers a comprehensive range of services, including drilling, completion, and workover operations. They cater to both conventional and unconventional drilling projects, utilizing cutting-edge technologies and expertise. AKITA Drilling focuses on delivering safe, efficient, and cost-effective solutions to their clients. Their commitment to superior performance, environmental sustainability, and client satisfaction has made them a prominent player in the drilling industry.
AKITA Drilling stock
AKITA Drilling Peer Group
AKITA Drilling Ticker
AKITA Drilling FIGI
All fundamentals and in-depth analysis of AKITA Drilling
Our stock analysis for AKITA Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of AKITA Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.