Akita Drilling Ltd.

Akita Drilling Ltd.

Akita Drilling Ltd.

Overview
Date Founded

1992

Headquarters

333-7th Avenue SW,Suite 1000,Calgary, AB T2P 2Z1

Type of Company

Public

Employees (Worldwide)

1,000

Industries

Oil & Gas

Company Description

AKITA Drilling Ltd. is a premier oil and gas drilling contractor with drilling operations throughout Western and Northern Canada. The Company strives to be the industry leader in customer relations, employee expertise, safety, equipment quality and drilling performance. In addition to conventional drilling, the Company specializes in pad and other purpose-built drilling rigs and is active in directional, horizontal and underbalanced drilling providing specialized drilling services to a broad range of independent and multinational oil and gas companies. AKITA currently employs, at full operations, approximately 800 people. The Company has ownership in 39 drilling rigs in all depth ranges.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Executive Chair & Chief Executive Officer

Vice President, Finance & Chief Financial Officer

President, USA Division

President, Canadian Division

Director, Human Resources

Joint Ventures & Business Development

Board of Directors

Future Executive Chair & Chief Executive Officer at Akita Drilling Ltd. (Effective 05/2021)

Chair & Chief Executive Officer at Canadian Utilities Ltd.

Deputy Chairman of the Board at Akita Drilling Ltd.

Executive Vice President at Spruce Meadows

Chief Financial Officer & Vice President at Lintus Resources Ltd.

President & Chief Executive Officer at Ember Resources, Inc.

President at ATCO Frontec Corp.

President & Chief Executive Officer at Akita Drilling Ltd.

Former Senior Vice President-Finance & Group Controller at ATCO Structures & Logistics Ltd.

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Owners & Shareholders
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Aegis specializes in the management of investments involving small-cap value equities and an allocation strategy between small-cap value equities and fixed-income securities, including high yield bonds. The firm offers the following investment strategies: Small-Cap Value Equity and Strategic Asset Allocation.

Details Hidden

Aegis specializes in the management of investments involving small-cap value equities and an allocation strategy between small-cap value equities and fixed-income securities, including high yield bonds. The firm offers the following investment strategies: Small-Cap Value Equity and Strategic Asset Allocation.

Recent Transactions
Details Hidden

Akita Drilling Ltd. purchases Xtreme Drilling Corp.

Transaction Advisors
Investment Advisor

Advised onAkita Drilling Ltd. purchases Xtreme Drilling Corp.

Legal Advisor

Advised onAkita Drilling Ltd. purchases Xtreme Drilling Corp.

Legal Advisor

Advised onAkita Drilling Ltd. purchases Xtreme Drilling Corp.

Key Stats and Financials As of 2019
Market Capitalization
$24.5M
Total Enterprise Value
$98.8M
Earnings Per Share
$-0.37
EBITDAMargin
10.27%
Three Year Compounded Annual Growth Rate Of Revenue
42.28%
Five Year Compounded Annual Growth Rate Of Revenue
1.25%
Debt TEV
0.65x
TEVNet Income
-6.79x
Enterprise Value EBITDAOperating
7.47x
Enterprise Value / Sales
0.77x
Revenue
$129M
Net Profit
$-14.6M
EBITDA
$13.2M
Total Debt
$64.3M
Total Equity
$179M
Non-Profit Donations & Grants
$25K - $50K
2017
$25K - $50K
2016
$25K - $50K
2015
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