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$31.94M
Enterprise ValueAU$25.12M
Total Cash (Recent Filing)AU$6.82M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.11
Next Earnings
Sep 09, 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
Farm-out / Partner Funding Model88E’s business model emphasizes creating value via farm-outs and partner carries, which structurally shares drilling costs and technical risk with third parties. Over a 2–6 month horizon this durable model can conserve corporate cash and accelerate resource appraisal without full-bore corporate capex.
Low Reported LeverageThe company reports zero total debt across 2021–2025, a stable structural advantage versus leveraged peers. Low financial leverage reduces near-term solvency pressure and preserves capacity to raise project or corporate financing, improving resilience through extended exploration cycles.
Lean Operating StructureA very small employee base implies a low fixed-cost operating footprint, helping conserve cash between exploration campaigns. For an upstream explorer this lean structure supports capital efficiency and allows redeploying limited funds into high-priority technical work or partner negotiations over months.
Bears Say
Persistent Negative Operating Cash FlowOperating cash flow has been negative in every period reported, indicating the core activity consumes cash rather than generating it. This structural cash burn forces reliance on external financing or asset transactions, elevating funding and dilution risk over the medium term.
Shrinking Equity BaseA marked decline in shareholder equity reduces the company’s capital cushion against losses and raises the probability of future equity raises. This structural erosion of net assets constrains financial flexibility and increases investor dilution risk if cash needs persist.
No Meaningful Revenue; Persistent LossesThe company reports essentially no revenue for multiple years and recurring net losses, meaning it lacks an operating cash-generating base. Over a multi-month horizon this limits the firm’s ability to self-fund exploration or transition toward sustainable operations without external capital.
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$31.94M.
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 123 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 62%
Sector Average 73%
Sector Average 73%
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
-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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