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Last C$9.25 CAD
Change Today +0.10 / 1.09%
Volume 2.0K
As of 3:44 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

akita drilling ltd-cl a (AKT/A) Snapshot

Open
C$8.82
Previous Close
C$9.15
Day High
C$9.25
Day Low
C$8.82
52 Week High
08/12/14 - C$16.89
52 Week Low
07/21/15 - C$8.52
Market Cap
165.8M
Average Volume 10 Days
1.5K
EPS TTM
C$0.63
Shares Outstanding
16.3M
EX-Date
09/15/15
P/E TM
14.7x
Dividend
C$0.34
Dividend Yield
3.68%
Current Stock Chart for AKITA DRILLING LTD-CL A (AKT/A)

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akita drilling ltd-cl a (AKT/A) Details

AKITA Drilling Ltd. provides contract drilling services to independent and multinational oil and gas companies and potash producers in Canada. The company specializes in pad and other purpose-built drilling rigs, including self-moving pad rigs; and directional, horizontal, and under balanced drilling. As of December 31, 2014, it owned and operated 35 drilling rigs. The company was founded in 1964 and is headquartered in Calgary, Canada.

768 Employees
Last Reported Date: 03/25/15
Founded in 1964

akita drilling ltd-cl a (AKT/A) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$512.5K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$283.3K
Vice President of Operations
Total Annual Compensation: C$266.3K
Vice President of Technical Operations
Total Annual Compensation: C$164.8K
Corporate Secretary
Total Annual Compensation: C$165.0K
Compensation as of Fiscal Year 2014.

akita drilling ltd-cl a (AKT/A) Key Developments

AKITA Drilling Ltd. Approves Ordinary Cash Dividend on the Outstanding Class A Non-Voting and Class B Common Shares, Payable on October 1, 2015

AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash dividend of eight and one half cents ($0.085) per share on the Outstanding Class A Non-Voting and Class B Common shares of the corporation for payment on October 1, 2015 to shareholders of record at the close of business September 17, 2015.

AKITA Drilling Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

AKITA Drilling Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $22.536 million against $28.365 million a year ago. Loss before income taxes was $0.560 million against income before income tax of $2.939 million a year ago. Net loss and comprehensive income for the period attributable to shareholders was $1.620 million or $0.09 per basic and diluted class A and class B share against net income of $2.082 million or $0.12 per basic and diluted class A and class B share a year ago. Funds flow from operations for the quarter ended June 30, 2015 was $9,072,000 compared to $10,609,000 in the corresponding quarter in 2014. Net cash from operating activities was $25.011 million against $28.789 million a year ago. Capital expenditures were $6.857 million against $24.909 million a year ago. Adjusted revenue was $30.2 million against $45.0 million a year ago. For the six months, the company reported revenue of $69.251 million against $82.708 million a year ago. Income before income taxes was $5.375 million against $16.364 million a year ago. Net income and comprehensive income for the period attributable to shareholders was $2.598 million or $0.14 per basic and diluted class A and class B share against $12.231 million or $0.68 per basic and diluted class A and class B share a year ago. Funds flow from operations for the January to June period in 2015 was $23,131,000 compared to $28,273,000 for the comparative period in 2014. Net cash from operating activities was $31.026 million against $33.916 million a year ago. Capital expenditures were $11.874 million against $42.973 million a year ago. Adjusted revenue was $89.8 million against $116.8 million a year ago.

AKITA Drilling Ltd. to Report Q2, 2015 Results on Jul 28, 2015

AKITA Drilling Ltd. announced that they will report Q2, 2015 results After-Market on Jul 28, 2015

 

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AKT/A:CN C$9.25 CAD +0.10

AKT/A Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CanElson Drilling Inc C$3.58 CAD -0.11
Savanna Energy Services Corp C$1.08 CAD -0.07
Trinidad Drilling Ltd C$3.25 CAD -0.06
Western Energy Services Corp C$5.24 CAD -0.27
Xtreme Drilling & Coil Services Corp C$2.59 CAD 0.00
View Industry Companies
 

Industry Analysis

AKT/A

Industry Average

Valuation AKT/A Industry Range
Price/Earnings 14.2x
Price/Sales 1.0x
Price/Book 0.6x
Price/Cash Flow 3.3x
TEV/Sales 0.9x
 | 

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