88EDA Stock Overview

Engages in the exploration and production of oil and gas properties in the United States and Namibia. More details

88EDA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Shares are highly illiquid

Earnings have declined by 7.8% per year over past 5 years

Makes less than USD$1m in revenue (A$0)

+ 1 more risk

Community vs My Fair Value

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88 Energy Limited Competitors

Condor Energy

ASX:CND

AU$16.1m

Noble Helium

ASX:NHE

AU$10.0m

Buru Energy

ASX:BRU

AU$28.1m

AXP Energy

ASX:AXP

AU$6.6m

Price History & Performance

Summary of share price highs, lows and changes for 88 Energy
Historical stock prices
Current Share Price	AU$0.021
52 Week High	AU$0.023
52 Week Low	AU$0.02
Beta	1.16
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.00%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	88EDA	AU Oil and Gas	AU Market
7D	n/a	7.5%	1.6%
1Y	n/a	-34.9%	5.2%

Return vs Industry: Insufficient data to determine how 88EDA performed against the Australian Oil and Gas industry.

Return vs Market: Insufficient data to determine how 88EDA performed against the Australian Market.

Price Volatility

Is 88EDA's price volatile compared to industry and market?
88EDA volatility
88EDA Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	11.4%
Market Average Movement	9.4%
10% most volatile stocks in AU Market	16.9%
10% least volatile stocks in AU Market	4.1%

Stable Share Price: 88EDA's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: Insufficient data to determine 88EDA's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Ashley Gilbert	88energy.com

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. It operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia. 88 Energy Limited was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. The company was incorporated in 1996 and is based in Subiaco, Australia.

88 Energy Limited Fundamentals Summary

How do 88 Energy's earnings and revenue compare to its market cap?
88EDA fundamental statistics
Market cap	AU$24.30m
Earnings (TTM)	-AU$32.82m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.7x

P/E Ratio

Is 88EDA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
88EDA income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$32.82m
Earnings	-AU$32.82m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.028
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did 88EDA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/14 18:59
End of Day Share Price	2025/05/14 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

88 Energy Limited is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Murray Darley	Cavendish
Adam McCarter	Cavendish
James McCormack	Cavendish