Comparing AKITA Drilling (AKTAF) and Its Competitors

Institutional & Insider Ownership

29.2% of AKITA Drilling shares are owned by institutional investors. Comparatively, 49.0% of shares of all “Energy Equipment & Services” companies are owned by institutional investors. 12.3% of shares of all “Energy Equipment & Services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares AKITA Drilling and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AKITA Drilling N/A N/A N/A
AKITA Drilling Competitors -11.45% 13.69% 1.52%

Dividends

AKITA Drilling pays an annual dividend of $0.34 per share and has a dividend yield of 13.1%. AKITA Drilling pays out 25.5% of its earnings in the form of a dividend. As a group, “Energy Equipment & Services” companies pay a dividend yield of 2.5% and pay out 57.5% of their earnings in the form of a dividend. AKITA Drilling is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Earnings & Valuation

This table compares AKITA Drilling and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
AKITA Drilling N/A N/A 1.94
AKITA Drilling Competitors $3.15 billion $26.09 million 14.13

AKITA Drilling’s peers have higher revenue and earnings than AKITA Drilling. AKITA Drilling is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

AKITA Drilling peers beat AKITA Drilling on 6 of the 9 factors compared.

About AKITA Drilling

(Get Free Report)

AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada. AKITA Drilling Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.

Receive News & Ratings for AKITA Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AKITA Drilling and related companies with MarketBeat.com's FREE daily email newsletter.