AKITA Drilling Ltd
TSX:AKT.A
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CA |
|
AKITA Drilling Ltd
TSX:AKT.A
|
86.8m CAD |
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|
|
| CN |
|
China Oilfield Services Ltd
SSE:601808
|
75.4B CNY |
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|
|
| CH |
|
Transocean Ltd
NYSE:RIG
|
7.1B USD |
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|
|
| US |
|
Noble Corp (Cayman Island)
NYSE:NE
|
7.2B USD |
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|
|
| BM |
|
Valaris Ltd
NYSE:VAL
|
6.5B USD |
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|
|
| SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
21.8B SAR |
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|
|
| US |
|
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK |
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|
|
| US |
|
Helmerich and Payne Inc
NYSE:HP
|
3.5B USD |
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|
|
| US |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
3.2B USD |
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|
|
| SA |
A
|
Arabian Drilling Co
SAU:2381
|
10.8B SAR |
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|
|
| BM |
|
Seadrill Ltd
NYSE:SDRL
|
2.8B USD |
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|
Market Distribution
| Min | -9 940 586.9% |
| 30th Percentile | -85.9% |
| Median | -7.8% |
| 70th Percentile | 5.5% |
| Max | 60 777.6% |
Other Profitability Ratios
AKITA Drilling Ltd
Glance View
Akita Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 400 full-time employees. The firm is oil and gas drilling contractor with a fleet of 37 drilling rigs. AKITA provides contract drilling services through two geographical segments: Canada and the United States. 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 range of independent and multinational oil and gas companies. With a fleet of 20 rigs, the Company's Canadian division operates in Alberta, British Columbia, Saskatchewan, Yukon and the Northwest Territories. With a fleet of 17 rigs, the Company's United States division conducts operations in Colorado, Wyoming, Texas, New Mexico, North Dakota and Oklahoma.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for AKITA Drilling Ltd is 9.9%, which is above its 3-year median of 7.6%.
Over the last 3 years, AKITA Drilling Ltd’s Net Margin has increased from -5.3% to 9.9%. During this period, it reached a low of -5.3% on Sep 30, 2022 and a high of 11.9% on Sep 30, 2023.
