AKITA Drilling Ltd.

AKITA Drilling Ltd.verified

AKTAF

Price:

$1.48

Market Cap:

$78.65M

AKITA Drilling Ltd. is an oil and gas drilling contractor in Canada and the United States. It provides contract drilling services to the oil and gas industry. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional drilling services. As of December 31, 2021, the company had 14 wholly owned and operated drilling rigs in Canada; and 8 XDR 500 rigs and 3 XDR 850XE rigs in the United States. The company was founded in 1964 and is headquartered in Calgary, Canada.

Industry

Oil & Gas Drilling

IPO Date

2009-07-13

Stock Exchange

OTC

Ticker

AKTAF

The ROE as of December 2025 (TTM) for AKITA Drilling Ltd. (AKTAF) is 12.50%

According to AKITA Drilling Ltd.’s latest financial reports and current stock price. The company's current ROE is 12.50%. This represents a change of 304.67% compared to the average of 3.09% of the last 4 quarters.

AKITA Drilling Ltd. (AKTAF) Historical ROE (quarterly & annually)

How has AKTAF ROE performed in the past?

The mean historical ROE of AKITA Drilling Ltd. over the last ten years is -10.42%. The current 12.50% ROE has changed -219.88% with respect to the historical average. Over the past ten years (40 quarters), AKTAF's ROE was at its highest in in the March 2016 quarter at 7.67%. The ROE was at its lowest in in the March 2020 quarter at -26.92%.

Quarterly (TTM)
Annual

Average

-10.42%

Median

-6.99%

Minimum

-61.26%

Maximum

11.81%

AKITA Drilling Ltd. (AKTAF) ROE by Quarter and Year

Discovering the peaks and valleys of AKITA Drilling Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 655.53%

Maximum Annual ROE = 11.81%

Minimum Annual Increase = -1025.60%

Minimum Annual ROE = -61.26%

Quarterly (TTM)
Annual
YearROEChange
20247.50%-36.48%
202311.81%279.58%
20223.11%-119.49%
2021-15.96%-73.94%
2020-61.26%655.53%
2019-8.11%38.22%
2018-5.87%-73.88%
2017-22.46%-1025.60%
20162.43%-115.73%
2015-15.42%-290.14%

AKITA Drilling Ltd. (AKTAF) Average ROE

How has AKTAF ROE performed in the past?

The current ROE of AKITA Drilling Ltd. (AKTAF) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.47%

5-year avg

-10.96%

10-year avg

-10.42%

AKITA Drilling Ltd. (AKTAF) ROE vs. Peers

How is AKTAF’s ROE compared to its peers?

AKITA Drilling Ltd.’s ROE is greater than Western Energy Services Corp. (-1.98%), less than Canacol Energy Ltd (8.81%), less than Arrow Exploration Corp. (19.36%), greater than Africa Energy Corp. (-78.13%), greater than SPT Energy Group Inc. (-24.16%), less than Echelon Resources Limited (2.51%), less than Feishang Anthracite Resources Limited (32.64%), greater than SPARQ Corp. (-43.95%), less than McCoy Global Inc. (11.19%), greater than Peninsula Energy Limited (-6.75%),

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