88 Energy (AIM:88E) - Stock Price, News & Analysis

88E Stock Overview

88 Energy Limited se dedica a la prospección y producción de petróleo y gas en Estados Unidos.

88E fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Tiene menos de 1 año de cash runway

Tiene unos ingresos inferiores a 1 millón de dólares (A$3K)

Los beneficios han disminuido en 26.4% al año en los últimos 5 años.

Cotización muy volátil en los últimos 3 meses

+ 2 more risks

88 Energy Limited Competitors

Rockhopper Exploration

AIM:RKH

UK£83.3m

Aminex

LSE:AEX

UK£32.6m

Afentra

AIM:AET

UK£97.5m

Chariot

AIM:CHAR

UK£91.2m

Price History & Performance

Summary of all time highs, changes and price drops for 88 Energy
Historical stock prices
Current Share Price	AU$0.0034
52 Week High	AU$0.006
52 Week Low	AU$0.002
Beta	0.90
1 Month Change	17.54%
3 Month Change	39.58%
1 Year Change	-33.00%
3 Year Change	-76.74%
5 Year Change	-59.39%
Change since IPO	-99.10%

Recent updates

Shareholder Returns

	88E	GB Oil and Gas	GB Market
7D	-11.8%	5.6%	-0.01%
1Y	-33.0%	7.3%	0.8%

Rentabilidad frente al sector: 88E obtuvo unos resultados inferiores a los del sector UK Oil and Gas , que el año pasado arrojó un rendimiento del -10.3%.

Rentabilidad vs. Mercado: 88E obtuvo unos resultados inferiores a los del mercado UK, que fue del -2.4% el año pasado.

Price Volatility

Is 88E's price volatile compared to industry and market?
88E volatility
88E Average Weekly Movement	18.5%
Oil and Gas Industry Average Movement	7.4%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.4%
10% least volatile stocks in GB Market	2.6%

Precio estable de las acciones: El precio de las acciones de 88E ha sido volátil en los últimos 3 meses.

Volatilidad a lo largo del tiempo: 88ELa volatilidad semanal ha pasado de 13% a 18% en el último año.

About the Company

Founded	Employees	CEO	Website
1996	10	Ashley Gilbert	https://www.88energy.com

88 Energy Limited se dedica a la exploración y producción de petróleo y gas en Estados Unidos. Los proyectos de la empresa incluyen una participación del 75% en el proyecto Phoenix, que abarca una superficie de aproximadamente 62.324 acres netos; una participación del 75% en el proyecto Icewine West, que abarca una superficie de aproximadamente 121.996 acres netos; una participación del 100% en el proyecto Peregrine, que abarca una superficie de aproximadamente 125.741 acres netos; 100% de participación en el proyecto Leonis, que abarca una superficie aproximada de 25.600 acres netos; 100% de participación en la unidad Umiat, que abarca una superficie aproximada de 17.633 acres netos; y 100% de participación en los arrendamientos de Yukon, que abarcan una superficie aproximada de 15.235 acres netos situados en tierra firme, en el North Slope de Alaska, Estados Unidos. También posee una participación del 73% en el proyecto Longhorn, que abarca una superficie de aproximadamente 964 acres netos en la cuenca del Pérmico (Texas).

88 Energy Limited Fundamentals Summary

How do 88 Energy's earnings and revenue compare to its market cap?
88E fundamental statistics
Market cap	UK£78.71m
Earnings (TTM)	-UK£7.54m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-10.4x

P/E Ratio

Is 88E overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
88E income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$14.44m
Earnings	-AU$14.44m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00057
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did 88E perform over the long term?

See historical performance and comparison

88E Stock Overview

Rewards

Risk Analysis

88 Energy Limited Competitors

AIM:RKH

UK£83.3m

LSE:AEX

UK£32.6m

AIM:AET

UK£97.5m

AIM:CHAR

UK£91.2m

Price History & Performance

Recent News & Updates

New major risk - Financial position

88 Energy Limited Provides Update on Ongoing Flow Testing Operations At the Hickory-1 Well Within Its Project Phoenix Acreage Located on the North Slope of Alaska

New minor risk - Financial data availability

88 Energy Limited, Annual General Meeting, May 02, 2024

88 Energy Limited Announces Hickory-1 Flow Test Operations Update

88 Energy Limited Announces Hickory-1 Flow Test Imminent - Final Preparations Underway

Recent updates

New major risk - Financial position

88 Energy Limited Provides Update on Ongoing Flow Testing Operations At the Hickory-1 Well Within Its Project Phoenix Acreage Located on the North Slope of Alaska

New minor risk - Financial data availability

88 Energy Limited, Annual General Meeting, May 02, 2024

88 Energy Limited Announces Hickory-1 Flow Test Operations Update

88 Energy Limited Announces Hickory-1 Flow Test Imminent - Final Preparations Underway

88 Energy Limited Reports the Hickory-1 Well Ice Pad Construction Has Commenced and That Pre-Flow Test Operations

88 Energy Limited Provides an Update in Relation to the Hickory-1 Flow Testing Program At Project Phoenix on the North Slope, Alaska

88 Energy Limited, Annual General Meeting, Jan 15, 2024

88 Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 9.9 million.

88 Energy Limited Provides Project Phoenix – BFF Contingent Resource Estimate

New major risk - Financial position

88 Energy Limited Announces Mapping of the Recently Identified Upper Slope Fan System Across its Project Pheonix Acreage

New major risk - Financial position

88 Energy Limited Announces Updates on Project Peregrine Prospective Resources

88 Energy Limited (ASX:88E) and Lonestar I, LLC acquired 75% interest in Bighorn Energy LLC for $1.5 million.

88 Energy Limited Provides an Update in Relation to the Hickory-1 Flow Testing Program At Project Phoenix on the North Slope, Alaska

88 Energy Limited Receives Permit to Drill the Hickory-1 Exploration Well

88 Energy Limited Executes A Rig Contract with Nordic-Calista LLC

Less than half of directors are independent

88 Energy Limited, Annual General Meeting, Nov 11, 2022

88 Energy Limited Announces Completion of Franklin Bluffs 3D Seismic - Icewine East

88 Energy Limited Provides Update on Project Icewine East Prospective Resource Estimate

88 Energy Limited Announces Maiden Independent Prospective Resource Estimate Completed At Project Icewine East

88 Energy Limited Reports It Signed A Licensing Agreement with Sae for the Use of Sae's Fb3d Seismic Data

88 Energy Limited to Report That Slope Fan Set and Basin Floor Fan Play Fairways on Its Project Icewine Acreage Is Now Complete

Price target decreased to UK£0.014

Less than half of directors are independent

Price target decreased to UK£0.014

88 Energy Limited, Annual General Meeting, May 16, 2022

88 Energy Limited Provides Update on Operations At Project Longhorn Conventional Oil and Gas Production Assets

88 Energy Limited Provides Update on Project Icewine Acreage

88 Energy Limited Announces Wireline Logging Results and Forward Program At Merlin-2

Full year 2021 earnings: Revenues exceed analyst expectations

88 Energy Limited Reports Arctic Fox Rig Commenced Drilling the Merlin-2 Appraisal Well

88 Energy Limited Announces Project Icewine Update

88 Energy Limited Announces Merlin-2 Pre-Spud Operations on Track

Forecast to breakeven in 2022

88 Energy Limited announced that it expects to receive AUD 32 million in funding

88 Energy Limited Approves Merlin-2 Permit to Drill

88 Energy Limited Provides Update on Merlin-2 Operations

88 Energy Limited Selects Merlin-2 Well Location

Non-Executive Chairman Michael Evans has left the company

88 Energy Limited (ASX:88E) completed the acquisition of remaining 50% stake in Project Peregrine in Alaska from Alaska Peregrine Development Company, LLC.

88 Energy Limited Announces Merlin-1 Testing Program Update

88 Energy Limited (ASX:88E) agreed to acquire a 50% stake in Project Peregrine in Alaska from Alaska Peregrine Development Company, LLC.

88 Energy Limited Provides Update on Its Operations on the North Slope of Alaska

88 Energy Limited Provides Update of Operations on the North Slope of Alaska

88 Energy Limited Provides Updates Related to Its Operations in the Npr-A Region of the North Slope of Alaska

Revenue beats expectations

88 Energy Limited Provides Update Related to Its Operations in the NPR-A Region of the North Slope of Alaska

88 Energy Limited Announces Project Peregrine Prospective Resources Report

88 Energy Limited Announces Operations Update

88 Energy Limited Announces Board Changes

88 Energy Limited Announces Managing Director Changes

88 Energy Limited Provides Update on Its Operations in the NPR-A Region of the North Slope of Alaska

88 Energy Limited Provides Update Related to its Operations on the North Slope of Alaska

88 Energy Limited Provides Update on Related to Its Projects on the North Slope of Alaska

88 Energy Limited Provides the Update Related to Its Projects on the North Slope of Alaska