Company AKITA Drilling Ltd.

Equities

AKT.A

CA0099051009

Oil & Gas Drilling

Market Closed - Toronto S.E. 03:59:30 2024-03-27 pm EDT 5-day change 1st Jan Change
1.53 CAD 0.00% Intraday chart for AKITA Drilling Ltd. -8.38% +11.68%

Business Summary

AKITA Drilling Ltd. is a Canada-based intermediate land drilling contractor. The Company and its subsidiaries provide contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company owns and operates 35 drilling rigs (33.65 net of joint venture ownership). The Company provides contract drilling services through two geographical divisions: Canada and the United States (US). With a fleet of 20 rigs, the Company’s Canada division operates in Alberta, British Columbia, Saskatchewan, and from time to time, in the Yukon and the Northwest Territories. The Canadian division operates both wholly owned rigs and rigs that are partially owned by the Company. US division conducts operations with a fleet of 15 rigs and operates in Texas and New Mexico in the Permian Basin.

Number of employees: 1,068

Sales per Business

CAD in Million2022Weight2023Weight Delta
Contract Drilling Services
55.0 %
110 54.9 % 124 55.0 % +12.39%
Rig Lease Rental
45.0 %
91 45.1 % 101 45.0 % +11.93%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
75.2 %
146 72.5 % 169 75.2 % +16.30%
Canada
24.8 %
55 27.5 % 56 24.8 % +1.31%

Managers

Managers TitleAgeSince
Chief Executive Officer 49 11-10-31
Director of Finance/CFO 48 10-12-31
Chairman 60 91-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 84 02-07-31
Director/Board Member 67 92-11-02
Chairman 60 91-12-31
Director/Board Member 69 18-09-10
Director/Board Member 67 06-04-30
Director/Board Member - 22-05-09
Director/Board Member 70 14-11-13
Director/Board Member 71 11-07-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,653,784 224,544 ( 13.58 %) 0 79.76 %
Stock B 1 38,056,407 31,448,562 ( 82.64 %) 0

Shareholders

NameEquities%Valuation
1,663,434 4.378 % 2 M $
NCM Asset Management Ltd.
3.432 %
1,303,904 3.432 % 1 M $
Franklin Bissett Investment Management
2.433 %
924,394 2.433 % 1 M $
Howson Tattersall Investment Counsel Ltd.
0.6561 %
249,289 0.6561 % 270 479 $
Arrow Capital Management, Inc.
0.4171 %
158,500 0.4171 % 171 973 $
Colin Dease
0.3590 %
136,395 0.3590 % 147 989 $
84,077 0.2213 % 91 224 $
53,045 0.1396 % 57 554 $
36,909 0.0971 % 40 046 $
28,752 0.0757 % 31 196 $
NameEquities%Valuation
Sentgraf Enterprises Ltd.
86.27 %
1,426,790 86.27 % 2 M $
100 0.006047 % 119 $
50 0.003023 % 60 $

Company contact information

Akita Drilling Ltd.

333-7th Avenue SW Suite 1000

T2P 2Z1, Calgary

+403-292-7979

http://www.akita-drilling.com
address AKITA Drilling Ltd.(AKT.A)