AKT.TO
Fallen FavouriteAKITA Drilling Ltd. · Energy · Canada · $153M cap · $127K/day traded
CAD 3.47 +3.9% · close 12 Nov · scored 13 Nov
Score up 1.6 since 12 Nov.
Fallen Favourite: A good business, still expensive, and its momentum is weak.
As of 13 Nov 2026, the MoatMap Score for AKITA Drilling Ltd. (AKT.TO) is 37/100, ranked against 25,000+ stocks in 38 markets (Quality 54, Value 38, Momentum 38, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT AKITA DRILLING LTD.
Read
AKITA Drilling Ltd. is a Canadian contract drilling company that provides high-spec drilling rigs for the oil and gas industry. The company operates a fleet designed for deep-well drilling and challenging environmental conditions, which ensures its continued relevance in the energy sector. It acts as a specialized service provider focused on technical reliability for exploration and production companies.
FINANCIAL SUMMARY (CAD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 201.0M | 225.5M | 193.3M | 200.9M | -0.0% | 214.4M | 244.5M | 341.5M | 30.4% |
| EPS (CAD) | 0.11 | 0.46 | 0.32 | 0.35 | 47.1% | -0.14 | -0.14 | 0.36 | 1.4% |
| Shares | 39.7M | 39.7M | 39.7M | 39.0M | -1.6% | — | — | — | — |
| Debt | 95.3M | 70.4M | 51.6M | 36.3M | -27.5% | 51.1M | — | — | — |
| Equity | 137.9M | 156.0M | 171.5M | 183.2M | 9.9% | — | — | — | — |
| Op CF | 18.2M | 35.6M | 30.3M | 44.0M | 34.2% | 24.8M | — | — | — |
| Inv CF | -13.6M | -12.4M | -14.1M | -24.4M | — | — | — | — | — |
| Fin CF | 6.0M | -25.2M | -21.0M | -17.3M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 96% of stocks we rank over the past year (volatility 105% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of AKT.TO are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| AKT.TO | AKITA Drilling Ltd.(you) | $153M | 37 |
| ACX.TO | ACT Energy Technologies Ltd. | $249M | 76 |
| PHX.TO | PHX Energy Services Corp. | $426M | 68 |
| ESI.TO | Ensign Energy Services Inc. | $553M | 68 |
| PDS | Precision Drilling Corporation | $1.2B | 62 |
| SDI.V | Stampede Drilling Inc. | $35M | 80 |
| LCX.V | Lycos Energy Inc. | $162M | 34 |
| PRQ.TO | Petrus Resources Ltd. | $185M | 36 |
| LTC.V | Lotus Creek Exploration Inc. | $125M | 44 |
| BNE.TO | Bonterra Energy Corp. | $175M | 25 |
Peer medians: ROE 4.6% · P/E 18.7x · Gross margin 52.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.