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Akita Drilling Ltd. (AKT.A) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.The profile contains critical company information including:- Business description – A detailed description of the company’s operations and business divisions.- Corporate strategy – Analyst’s summarization of the company’s business strategy.- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.- Company history – Progression of key events associated with the company.- Major products and services – A list of major products, services and brands of the company.- Key competitors – A list of key competitors to the company.- Key employees – A list of the key executives of the company.- Executive biographies – A brief summary of the executives’ employment history.- Key operational heads – A list of personnel heading key departments/functions.- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.- Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.HighlightsAkita Drilling Ltd. (Akita) is an oil and gas drilling contractor. The company’s operations are focused in Western and North Canada. Akita specializes in conventional drilling and purpose-built drilling rigs including self-moving pad rigs. It is active in directional, horizontal and underbalanced drilling, providing specialized drilling services to a broad range of independent and multinational oil and gas companies and potash producers. The company also provides drilling services to the mining industry. Akita owns and operates 35 drilling rigs, including 20 pad rigs in Canada. It also had an additional new pad rig under construction. The company conducts its operations in British Columbia, Alberta and Saskatchewan Akita is headquartered in Calgary, Alberta, Canada.Akita Drilling Ltd. Key Recent DevelopmentsApr 30, 2015: AKITA Drilling Announces First Quarter Earnings And Cash Flow: Update April 30, 2015Mar 04, 2015: AKITA Drilling Releases Year-End ResultsMar 04, 2015: AKITA Declares Quarterly Dividend: Update March 4, 2015Nov 13, 2013: AKITA Declares Quarterly DividendOct 28, 2013: AKITA Drilling increases funds flow during third quarterKey benefits of buying this profile include:You get detailed information about the company and its operations to identify potential customers and suppliers.- The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.- The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.- Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.- Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.Gain key insights into the company for academic or business research.- Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.Note: Some sections may be missing if data is unavailable for the company
Table of ContentsTable of Contents 2List of Tables 4List of Figures 5Section 1 - About the Company 5Akita Drilling Ltd. - Key Facts 6Akita Drilling Ltd. - Key Employees 7Akita Drilling Ltd. - Key Employee Biographies 8Akita Drilling Ltd. - Major Products and Services 9Akita Drilling Ltd. - History 10Akita Drilling Ltd. - Company Statement 11Akita Drilling Ltd. - Locations And Subsidiaries 12Head Office 12Other Locations & Subsidiaries 12Section 2 – Company Analysis 13Akita Drilling Ltd. - Business Description 13Akita Drilling Ltd. - Corporate Strategy 14Akita Drilling Ltd. - SWOT Analysis 15SWOT Analysis - Overview 15Akita Drilling Ltd. - Strengths 15Strength - Broad Service Portfolio 15Strength - Diversified Drilling Fleet 15Strength - Fleet Utilization 15Akita Drilling Ltd. - Weaknesses 16Weakness - Dependence on Major Customers 16Akita Drilling Ltd. - Opportunities 17Opportunity - Fleet Expansion Initiatives 17Opportunity - Positive Outlook for Oil Production in North America 17Opportunity - Long-Term Upstream Investments 17Akita Drilling Ltd. - Threats 18Threat - Stringent Regulations 18Threat - Intense Competition 18Threat - Seasonal Changes 18Akita Drilling Ltd. - Key Competitors 19Section 3 – Company Financial Ratios 20Financial Ratios - Capital Market Ratios 20Financial Ratios - Annual Ratios 21Performance Chart 23Financial Performance 23Financial Ratios - Interim Ratios 24Financial Ratios - Ratio Charts 25Section 4 – Company’s Recent Developments 26Apr 30, 2015: AKITA Drilling Announces First Quarter Earnings And Cash Flow: Update April 30, 2015 26Mar 04, 2015: AKITA Drilling Releases Year-End Results 30Mar 04, 2015: AKITA Declares Quarterly Dividend: Update March 4, 2015 35Nov 17, 2014: AKITA Announces Appointment Of New Director 36Nov 14, 2014: AKITA Declares Quarterly Dividend 37Oct 30, 2014: AKITA Drilling Announces Third Quarter Earnings and Cash Flow 38Jul 10, 2014: AKITA Declares Quarterly Dividend July 10, 2014 40May 14, 2014: AKITA Declares Quarterly Dividend 41Apr 30, 2014: AKITA Drilling Announces First Quarter Earnings And Cash Flow 42Mar 05, 2014: AKITA Drilling: Releases Year-End Results 45Section 5 – Appendix 49Methodology 49Ratio Definitions 49About GlobalData 53Contact Us 53Disclaimer 53List of TablesAkita Drilling Ltd., Key Facts 6Akita Drilling Ltd., Key Employees 7Akita Drilling Ltd., Key Employee Biographies 8Akita Drilling Ltd., Major Products and Services 9Akita Drilling Ltd., History 10Akita Drilling Ltd., Other Locations 12Akita Drilling Ltd., Key Competitors 19Akita Drilling Ltd., Ratios based on current share price 20Akita Drilling Ltd., Annual Ratios 21Akita Drilling Ltd., Interim Ratios 24Currency Codes 49Units 49Capital Market Ratios 49Equity Ratios 50Profitability Ratios 50Cost Ratios 51Liquidity Ratios 51Leverage Ratios 52Efficiency Ratios 52List of FiguresAkita Drilling Ltd., Performance Chart (2010 - 2014) 23Akita Drilling Ltd., Ratio Charts 25