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ACX.TO — Toronto Stock Exchange Oil & Gas Drilling

ACT Energy Technologies Ltd

C$6,33
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Mcap
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P/E
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EV / Rev
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Div yield
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Op margin
4,7 %
ROE
6,3 %
Net margin
3,3 %
Debt / equity
0,43
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

ACT Energy Technologies Ltd provides oil and gas drilling services and equipment, primarily generating revenue through contracts with energy producers in North America.

Business. ACT Energy Technologies Ltd (ACX.TO) is an oil and gas drilling company that provides oil-related services and equipment. The firm operates within the Energy - Fossil Fuels sector, specifically focusing on upstream activities. It is headquartered in Canada and is primarily listed on the Toronto Stock Exchange. No specific operating segments or geographic breakdowns are disclosed in the available data.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Drilling
ActivityOil Related Services and Equipment
Generated · model-assisted
Sell-side consensus
BUY3 analysts
3 buy0 hold0 sell
Avg 12m price target9,33

Analyst recommendations

3 analysts · consensus Buy
Buy3
Hold0
Sell0
12-month price target
9,33
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
3 analysts · indicative
Ownership
—
not yet wired
Profitability→
6,3 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ACX.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ACX.TO. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    ACT Energy Technologies Ltd (ACX.TO) is an oil and gas drilling company that provides oil-related services and equipment. The firm operates within the Energy - Fossil Fuels sector, specifically focusing on upstream activities. It is headquartered in Canada and is primarily listed on the Toronto Stock Exchange. No specific operating segments or geographic breakdowns are disclosed in the available data.

    Classification92 %
    SectorEnergy
    Business sectorEnergy - Fossil Fuels
    IndustryOil & Gas Drilling
    ActivityOil Related Services and Equipment
    AI synthesis
    GENERATED

    ACT Energy Technologies operates with a debt-to-equity ratio of 0.43, indicating a relatively conservative capital structure. The company's liquidity position is characterized as medium, with a current ratio of 1.45, suggesting it can cover short-term obligations but with limited buffer. Free cash flow stands at CAD 8.1 million, which is modest given the company's operating cash flow of CAD 91.7 million.

    Profitability metrics show a return on equity of 6.26% and a return on assets of 3.37%, both below the industry median for Energy Equipment & Services. The company's operating income of CAD 22.5 million and net income of CAD 15.6 million reflect a gross margin of 23.05%, which is in line with the sector average. However, the company's ability to convert revenue into profit is constrained by high capital expenditures of CAD 49.4 million.

    Geographically, ACT Energy Technologies is heavily concentrated in North America, with all disclosed revenue derived from this region. The company does not report segment-level revenue, but its operations are primarily focused on drilling services and equipment. This concentration increases exposure to regional economic and regulatory shifts.

    Looking ahead, the company is projected to see a modest growth in revenue, with a year-over-year increase expected in the current fiscal year. Analysts have set a mean price target of CAD 9.33, with a median of CAD 9.00, reflecting a cautious outlook. The company's capital expenditures are expected to remain high, which may impact near-term profitability.

    Risk factors include liquidity constraints, as the company has negative net cash after subtracting total debt. The risk of dilution is assessed as low, with no significant dilution events reported in the latest filings. However, the company's reliance on a single geographic region and the cyclical nature of the energy sector pose ongoing risks.

    Recent events include the release of the latest financial report, which showed a decline in free cash flow compared to the previous year. The company has not issued any new shares in the past 12 months, and there are no indications of upcoming equity offerings. The company's management has emphasized cost control and operational efficiency in recent investor communications.

    Key takeaways
    • ACT Energy Technologies maintains a conservative capital structure with a debt-to-equity ratio of 0.43.
    • The company's profitability metrics are below the industry median, with a return on equity of 6.26%.
    • Revenue is entirely concentrated in North America, increasing exposure to regional economic and regulatory shifts.
    • Analysts project a cautious outlook, with a mean price target of CAD 9.33.
    • The company faces liquidity constraints, with negative net cash after subtracting total debt.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    C$6,33
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    C$248.8M
    Net cashⓘ
    -C$108.2M
    Current ratioⓘ
    1.4
    Debt / equityⓘ
    0.4
    ROAⓘ
    3.4%
    ROEⓘ
    6.3%
    Cash conversionⓘ
    588.0%
    CapEx / revenueⓘ
    -10.4%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    1,08
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    3
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-15 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate1,08
    Revenue—no estimate—no estimate671,8M CAD
    Operating income—no estimate—no estimate49,0M CAD
    Full-year consensus mean (period as reported by source) · consensus in CAD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution3 analysts
    Strong buy0
    Buy3
    Hold0
    Sell0
    Strong sell0
    12-month price targetC$9,33 · Median C$9,00
    Low C$8,00High C$11,00
    Operating income · consensus49,0M CAD
    EPS surprise
    −61,1 %
    reported vs consensus · miss
    Revenue surprise
    −29,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowC$8,00
    MeanC$9,33
    MedianC$9,00
    HighC$11,00
    SpotC$6,33
    +47.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin4,7 %Above median
    Net Margin3,3 %Below median
    ROE6,3 %Above median
    Capex / Rev-10,4 %Above median
    D/E0,43Above median
    Cash Conv5,88Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • ACT Energy Technologies Ltd Market data — financials · 2026-05-27
    • ACT Energy Technologies Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Leadership

    • Rod D. MaxwellExecutive Chairman of the Board
    • Tom Joseph ConnorsPresident, Chief Executive Officer, Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ACX.TOCanonical
    Toronto Stock Exchange · CAD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 00:43 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage