AKITA Drilling Ltd. (AKT-A.TO)
AKITA Drilling Ltd. operates in the Oil & Gas Drilling industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $3.41, up 1.19% on the session, giving a market capitalisation of $124.7M. Its beta of 1.50 implies it has historically moved more than the broad market.
AKITA Drilling Ltd. operates as an energy drilling contractor with operations spanning Canada and the United States. The company delivers specialized drilling services, encompassing the creation of oil and natural gas wells, drilling activities pertinent to potash extraction, and the construction of underground storage caverns. AKITA's expertise lies in both conventional drilling methodologies and the utilization of custom-designed and pad-specific drilling rigs. As of December 31, 2021, its fleet comprised 14 fully owned and operated drilling units in Canada, in addition to 8 XDR 500 and 3 XDR 850XE rigs deployed within the United States. Established in 1964, the enterprise maintains its corporate head office in Calgary, Canada.
AKITA Drilling Ltd. is most often compared with the following Energy names: