88E Stock Overview
Engages in the exploration and production of oil and gas properties in the United States and Namibia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
88 Energy Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.00087 |
| 52 Week High | AU$0.0044 |
| 52 Week Low | AU$0.00085 |
| Beta | 0.99 |
| 1 Month Change | -5.43% |
| 3 Month Change | -8.42% |
| 1 Year Change | -63.75% |
| 3 Year Change | -93.56% |
| 5 Year Change | -92.60% |
| Change since IPO | -99.77% |
Recent News & Updates
Recent updates
Shareholder Returns
| 88E | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | 0% | -3.0% | -2.2% |
| 1Y | -63.7% | -10.8% | 2.4% |
Return vs Industry: 88E underperformed the UK Oil and Gas industry which returned -10.8% over the past year.
Return vs Market: 88E underperformed the UK Market which returned 2.4% over the past year.
Price Volatility
| 88E volatility | |
|---|---|
| 88E Average Weekly Movement | 4.1% |
| Oil and Gas Industry Average Movement | 8.6% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 10.5% |
| 10% least volatile stocks in GB Market | 2.6% |
Stable Share Price: 88E has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: 88E's weekly volatility has decreased from 12% to 4% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 10 | Ashley Gilbert | 88energy.com |
88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. 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 | UK£28.78m |
| Earnings (TTM) | -UK£16.21m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-1.8x
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$32.60m |
| Earnings | -AU$32.60m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0011 |
| 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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
88 Energy Limited is covered by 6 analysts. 1 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 |