88 Energy Limited (AU:88E)
ASX:88E
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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$30.61M
Enterprise ValueAU$23.79M
Total Cash (Recent Filing)AU$6.82M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.28
Next Earnings
Aug 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding1,330,953,000
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 materially reduces near-term solvency pressure for an exploration company. That lower leverage preserves optionality to fund seismic, appraisal or farm-outs without immediate creditor constraints, improving strategic flexibility over months.
Partner-funded Farm-out ModelA farm-out and carry-heavy model systematically transfers exploration and capex risk to partners. This structural approach enables the company to progress acreage and wells with fewer internal cash needs, preserving runway and enabling value creation without immediate production revenue.
Improving Free Cash Flow TrendAn improvement in free cash flow, even from a negative base, signals progress in cost control, timing of spend or success in securing partner funding. Sustained improvement would reduce dependence on dilutive financing and improve viability over the next several months.
Bears Say
No Meaningful RevenueA prolonged absence of operating revenue means the business generates no internal cash from production. Over 2–6 months this forces reliance on external financing or transactions to fund operations and increases execution risk until commercial volumes are proven and monetized.
Consistent Operating Cash BurnPersistent negative operating cash flow shows core activities consume cash rather than generate it. This structural cash-burn dynamic compels repeated equity raises or asset monetizations, creating execution and dilution risk that can persist absent a discovery or large farm-in.
Shrinking Equity BaseA sharp decline in shareholders' equity reflects cumulative losses and possible dilution, eroding the balance-sheet buffer. Over months this reduces financial resilience, narrows options for non-dilutive funding, and raises the likelihood of further equity raises if exploration costs continue.
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$30.61M.
When is 88 Energy Limited’s upcoming earnings report date?
88 Energy Limited’s upcoming earnings report date is Aug 12, 2026 which is in 72 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 1,330,953,000 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
Neutral
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Blogger Sentiment
Bullish
AU:88E Sentiment 86%
Sector Average 72%
Sector Average 72%
News Sentiment
Bearish
Bullish news 20%
Bearish news 80%
Bearish news 80%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.94%
12-Months-Change
Fundamentals
Return on Equity
-50.55%
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
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Options Prices
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