88E Stock Overview
88 Energy Limited explores for oil and gas properties in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
NewNotes are coming soon
88 Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.013 |
| 52 Week High | AU$0.053 |
| 52 Week Low | AU$0.007 |
| Beta | 1.34 |
| 1 Month Change | 18.18% |
| 3 Month Change | 30.00% |
| 1 Year Change | -74.00% |
| 3 Year Change | -40.91% |
| 5 Year Change | -56.67% |
| Change since IPO | -100.00% |
Recent News & Updates
Recent updates
Shareholder Returns
| 88E | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | 8.3% | 0.4% | 0.4% |
| 1Y | -74.0% | 24.5% | 0.4% |
Return vs Industry: 88E underperformed the Australian Oil and Gas industry which returned 24.5% over the past year.
Return vs Market: 88E underperformed the Australian Market which returned 0.4% over the past year.
Price Volatility
| 88E volatility | |
|---|---|
| 88E Average Weekly Movement | 14.4% |
| Oil and Gas Industry Average Movement | 10.1% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.5% |
| 10% least volatile stocks in AU Market | 3.4% |
Stable Share Price: 88E is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: 88E's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 10 | Ashley Gilbert | https://www.88energy.com |
88 Energy Limited explores for oil and gas properties in the United States. It primarily holds a 75% working interest in the Icewine project, which covers an area of approximately 193,000 acres located in North Slope of Alaska, the United States; 100% working interest in the Yukon project covering an area of approximately 38,681 acres situated in the Central North Slope of Alaska; 50% working interest in Peregrine project covering an area of approximately 195,373 acres located in the NPR-A region of the North Slope of Alaska; and 100% working interest in the Umiat Oil Field project covering an area of approximately 17,633 acres situated in the immediate south of Peregrine project North Slope of Alaska. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.
88 Energy Limited Fundamentals Summary
| 88E fundamental statistics | |
|---|---|
| Market Cap | AU$255.72m |
| Earnings (TTM) | -AU$70.16m |
| Revenue (TTM) | n/a |
-54.9x
P/S Ratio-3.4x
P/E RatioIs 88E overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 88E income statement (TTM) | |
|---|---|
| Revenue | -AU$4.33m |
| Cost of Revenue | AU$0 |
| Gross Profit | -AU$4.33m |
| Other Expenses | AU$65.83m |
| Earnings | -AU$70.16m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0038 |
| Gross Margin | 100.00% |
| Net Profit Margin | 1,621.09% |
| Debt/Equity Ratio | 0% |
How did 88E perform over the long term?
See historical performance and comparison