Professional
Added to YB: 2025-11-25
Pitch date: 2025-11-21
ACX.TO [neutral]
ACT Energy Technologies Ltd.
+10.67%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
ACT Energy Technologies Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas exploration and development companies in Canada and the United States.
Market Cap
CAD 165.3M
Pitch Price
CAD 5.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.70
P/E
6.82
EV/Sales
0.51
Sector
Energy Equipment and Services
Category
value
Two outlier Canadian oilfield service names with big insider commitments - ACT Energy Technologies Ltd.
ACX.TO (update): Canada's largest directional driller w/ 90% Clearwater market share & 8% US share. ~20% FCF yield, targeting debt-free by Q2 2026 enabling buybacks. Rising margins from in-house MWD tools. 13% insider ownership + Wilks Brothers backing. Potential PHX acquisition for pricing power.
Read full article (3 min)