AKITA Drilling (AKTAF) Expected to Release Quarterly Earnings on Tuesday

AKITA Drilling (OTCMKTS:AKTAF – Get Free Report) is anticipated to post its resultson Tuesday, November 3rd. Analysts expect the company to announce earnings of $0.0085 per share and revenue of $40.73 million for the quarter.

AKITA Drilling Price Performance

Shares of AKTAF stock opened at $2.68 on Tuesday. AKITA Drilling has a 12-month low of $1.21 and a 12-month high of $5.85. The business has a 50 day simple moving average of $2.74 and a 200 day simple moving average of $2.51.

AKITA Drilling Company Profile

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AKITA Drilling Ltd. is a Canadian contract drilling company that provides land-based drilling services to oil and natural gas exploration and production companies. Its services support the drilling and development of wells, primarily in Western Canada and the United States.

The company operates a fleet of drilling rigs and related equipment designed for a range of onshore applications. Its offerings include drilling-rig services, rig moves, equipment support, and other operational services associated with the construction of oil and gas wells.

Founded in 1993 and headquartered in Calgary, Alberta, AKITA Drilling has built its business around serving energy producers in key North American drilling regions.

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