Institutional and Insider Ownership
29.2% of AKITA Drilling shares are held by institutional investors. Comparatively, 49.0% of shares of all “Energy Equipment & Services” companies are held by institutional investors. 12.3% of shares of all “Energy Equipment & Services” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Dividends
AKITA Drilling pays an annual dividend of $0.34 per share and has a dividend yield of 11.4%. 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 -2.0% and pay out -45.8% of their earnings in the form of a dividend.
Profitability
This table compares AKITA Drilling and its rivals’ 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 | -11.24% | 13.52% | 1.56% |
Earnings and Valuation
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| AKITA Drilling | N/A | N/A | 2.23 |
| AKITA Drilling Competitors | $3.16 billion | $26.09 million | 26.97 |
AKITA Drilling’s rivals have higher revenue and earnings than AKITA Drilling. AKITA Drilling is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Summary
AKITA Drilling rivals beat AKITA Drilling on 7 of the 9 factors compared.
AKITA Drilling Company Profile
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.
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