88 Energy Limited (AU:88E)
ASX:88E
88E Stock Chart & Stats
AU$0.02
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.02
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.05
Previous CloseN/A
Volume6.78M
Average Volume (3M)1.09M
Market Cap
AU$41.66M
Enterprise ValueAU$32.53M
Total Cash (Recent Filing)AU$6.82M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Sep 09, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,157,350,500
10 Day Avg. Volume1,369,830
30 Day Avg. Volume1,086,866
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.29
Price to Sales (P/S)0.00
P/FCF Ratio-6.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Reported LeverageZero reported debt across recent years materially reduces near-term solvency and interest burden, giving the company time and optionality to pursue capital-efficient farm-outs or asset sales. This structural low-leverage position supports financial flexibility while exploration proceeds.
Farm-out / Monetisation Business ModelThe company relies on farm-outs and asset monetisation as core value-creation mechanisms. Structurally, this model allows 88 Energy to de-risk projects, conserve cash, and scale exposure by transferring funding and operational risk to partners while retaining upside in successful discoveries.
High-Quality Basin ExposureOperating in the Alaska North Slope provides exposure to a prolific, well-understood hydrocarbon basin with existing industry infrastructure and partner interest. This increases the likelihood of attracting JV partners and achieving farm-outs or asset sales versus less-prospective licensing regions.
Bears Say
No Meaningful RevenueThe absence of material revenue over multiple years means the company has no internal production cash flow to fund operations or validate commercial economics. For an upstream explorer, this heightens dependence on external capital and makes long-term project funding conditional on partner interest or asset sales.
Shrinking Equity Base / Dilution RiskA materially shrinking equity base signals accumulated losses and prior capital consumption. Structurally, this raises the likelihood of future equity raises or dilutive financings to fund exploration, which can erode existing holders' stakes and complicate long-term capital planning for multi-year appraisal campaigns.
Persistent Negative Cash FlowConsistent negative operating and free cash flow indicate the core activities consume cash rather than generate it. Over 2–6 months this means continued reliance on financing or asset transactions to sustain operations, increasing execution risk and sensitivity to capital markets or partner availability.
88 Energy News
88E FAQ
What was 88 Energy Limited’s price range in the past 12 months?
88 Energy Limited lowest share price was AU$0.02 and its highest was AU$0.04 in the past 12 months.
What is 88 Energy Limited’s market cap?
88 Energy Limited’s market cap is AU$41.66M.
When is 88 Energy Limited’s upcoming earnings report date?
88 Energy Limited’s upcoming earnings report date is Sep 09, 2026 which is in 165 days.
How were 88 Energy Limited’s earnings last quarter?
88 Energy Limited released its earnings results on Mar 23, 2026. The company reported -AU$0.028 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.028.
Is 88 Energy Limited overvalued?
According to Wall Street analysts 88 Energy Limited’s price is currently Overvalued.
Does 88 Energy Limited pay dividends?
88 Energy Limited does not currently pay dividends.
What is 88 Energy Limited’s EPS estimate?
88 Energy Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does 88 Energy Limited have?
88 Energy Limited has 1,157,350,500 shares outstanding.
What happened to 88 Energy Limited’s price movement after its last earnings report?
88 Energy Limited reported an EPS of -AU$0.028 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 12.121%.
Which hedge fund is a major shareholder of 88 Energy Limited?
Currently, no hedge funds are holding shares in AU:88E
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
88 Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
AU:88E Sentiment 62%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$12.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.94%
12-Months-Change
Fundamentals
Return on Equity
-17.31%
Trailing 12-Months
Asset Growth
-40.78%
Trailing 12-Months
Company Description
88 Energy Limited
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.
Technical Analysis
Buru Energy
―
Melbana Energy Limited
―
Otto Energy Limited
―
Brookside Energy
―
3D Oil Limited
―
Options Prices
Currently, No data available
---