AKTAF News and Press, Akita Drilling Ltd. From 05/06/22

Akita Drilling press release (OTCPK:AKTAF): Q1 GAAP EPS of -C$0.07. Revenue of C$44.99M (+65.6% Y/Y). During the first quarter of 2022, AKITA achieved 722 operating days in Canada, which corresponds to a utilization rate of 40% compared to an industry utilization of 39%. For the first qu...

Akita Drilling press release (OTCPK:AKTAF): FY GAAP EPS of -C$0.53. Revenue of C$110.09M (-8.0% Y/Y). Net cash used in operating activities for 2021 was C$3.46M compared to net cash from operating activities of C$22.86M in 2020 and adjusted funds flow from operations decreased to C$7.45M...

Akita Drilling (OTCPK:AKTAF): Q3 GAAP EPS of -$0.16. Revenue of $29.91M (+58.7% Y/Y) Press Release Linda Southern-Heathcott, AKITA's Executive Chair and Chief Executive Officer stated: "The significant improvement in the Canadian market is very exciting and is expected have an impact on the C...

Akita Drilling (AKTAF): Q3 GAAP EPS of -$0.21.Revenue of $18.85M (-55.8% Y/Y) beats by $4.45M.Press Release For further details see: Akita Drilling beats on revenue

Note: Akita Drilling reports in CAD, and all numbers discussed are in CAD. There seems to be a bit of an accidental theme with my writing right now, of hunting for deep-value names in Canadian energy, with the eye for balance sheet strength. As with Shawcor ( SAWLF ) (article here ), Akit...

Akita Drilling ( OTCPK:AKTAF ): Q1 GAAP EPS of -C$1.32. More news on: AKITA Drilling Ltd., Earnings news and commentary, Energy stocks news, , Read more ...

Akita Drilling ( OTCPK:AKTAF ): GAAP EPS of -$0.14. Revenue of $42.99M (+49.0% Y/Y) Press Release More news on: AKITA Drilling Ltd., Earnings news and commentary, Energy stocks news, ,

Canada’s S&P/TSX Composite Index (INDEXTSI: OSPTX ) ended last Friday (October 11) on a little bit of a high, gaining 32.37 points to reach 16,455.05. News from around the world last week was focused on developing situations in and around the Middle East, where Turkey is in ...

Akita Drilling ( OTCPK:AKTAF ): Q2 GAAP EPS of -C$0.13. More news on: AKITA Drilling Ltd., Earnings news and commentary, Energy stocks news, , Read more ...

Canada’s S&P/TSX Composite Index (INDEXTSI: OSPTX ) was up by 64.72 points last week, reaching 16,475.60 by Friday (May 3). Global news was dominated by a seemingly failed uprising in Venezuela , more drama out of the US over the 2020 election with 21 Democrats now l...