88E Stock Overview
88 Energy Limited engages in the oil and gas exploration and production in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
88 Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.005 |
| 52 Week High | AU$0.009 |
| 52 Week Low | AU$0.004 |
| Beta | 0.90 |
| 1 Month Change | -16.67% |
| 3 Month Change | 0% |
| 1 Year Change | -37.50% |
| 3 Year Change | -76.19% |
| 5 Year Change | -64.29% |
| Change since IPO | -100.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| 88E | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | -16.7% | -1.7% | -3.0% |
| 1Y | -37.5% | 0.3% | 3.9% |
Return vs Industry: 88E underperformed the Australian Oil and Gas industry which returned 0.3% over the past year.
Return vs Market: 88E underperformed the Australian Market which returned 3.9% over the past year.
Price Volatility
| 88E volatility | |
|---|---|
| 88E Average Weekly Movement | 28.6% |
| Oil and Gas Industry Average Movement | 10.5% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in AU Market | 17.2% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: 88E's share price has been volatile over the past 3 months.
Volatility Over Time: 88E's weekly volatility has increased from 23% to 29% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 10 | Ashley Gilbert | www.88energy.com |
88 Energy Limited engages in the oil and gas exploration and production in the United States. The company’s projects includes 75% working interest in the Phoenix project, which covers an area of approximately 62,324 net acres; 75% working interest in the Icewine West project covering an area of approximately 121,996 net acres; 100% working interest in Peregrine project, which covers an area of approximately 125,741 net acres; 100% working interest in the Leonis project covering an area of approximately 25,600 net acres; 100% working interest in the Umiat unit, which covers an area of approximately 17,633 net acres; and 100% working interest in the Yukon leases covering an area of approximately 15,235 net acres located in onshore, North Slope of Alaska, the United States. It also holds 73% working interest in the Longhorn project, which covers an area of approximately 964 net acres located in onshore, Permian Basin, Texas.
88 Energy Limited Fundamentals Summary
| 88E fundamental statistics | |
|---|---|
| Market cap | AU$125.62m |
| Earnings (TTM) | -AU$14.44m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-8.7x
P/E RatioIs 88E overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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