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88 Energy Limited (GB:88E)
LSE:88E

88 Energy (88E) Price & Analysis

76 Followers

88E Stock Chart & Stats

1.08 p
-0.02 p(-1.81%)
At close: 4:00 PM EDT
1.08 p
-0.02 p(-1.81%)

Bulls Say, Bears Say

Bulls Say
Debt-Free Balance SheetThe absence of reported debt reduces interest and refinancing pressure, giving 88 Energy greater flexibility to fund exploration and manage periods without operating revenue, although its shrinking equity base limits the overall strength of that flexibility.
Asset Monetisation OptionsThe exploration model offers several potential routes to finance projects and realise asset value without relying solely on production revenue. Partnerships or partial asset sales can share technical and funding risk if prospects attract industry interest.
Focused Alaska Exploration StrategyA concentrated North Slope strategy can build geological expertise and maintain a clear portfolio focus. Successful identification and appraisal of hydrocarbons could create substantial project value, although commerciality remains unproven.
Bears Say
No Meaningful Revenue BaseThe lack of meaningful revenue indicates that the company has not yet established a producing or recurring commercial business. Consequently, financial performance remains tied to exploration outcomes, asset transactions, and access to external capital.
Persistent Losses And Cash BurnPersistent operating losses and negative free cash flow consume resources before any discovery is monetised. This weak cash-generation profile can constrain exploration activity and increase dependence on financing, partner contributions, or asset disposals.
Shrinking Equity And Funding RiskA materially smaller equity cushion reduces resilience against further exploration losses and project setbacks. With no established revenue stream, continued funding needs could require equity issuance or asset sales, creating dilution and execution risk over time.

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 0.90 p and its highest was 2.20 p in the past 12 months.
    What is 88 Energy Limited’s market cap?
    88 Energy Limited’s market cap is £13.92M.
      When is 88 Energy Limited’s upcoming earnings report date?
      88 Energy Limited’s upcoming earnings report date is Mar 10, 2027 which is in 201 days.
        How were 88 Energy Limited’s earnings last quarter?
        Currently, no data Available
        Is 88 Energy Limited overvalued?
        According to Wall Street analysts 88 Energy Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          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?
            Currently, no data Available
            Which hedge fund is a major shareholder of 88 Energy Limited?
            Currently, no hedge funds are holding shares in GB: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

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              Neutral
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              Company Description

              88 Energy Limited

              88 Energy Limited, an Australian company established in 1996 and based in Subiaco, is dedicated to exploring for oil and gas properties primarily within the United States, with a significant focus on Alaska's North Slope. The company holds various interests across several key Alaskan ventures: it possesses a 75% working interest in the approximately 193,000-acre Icewine project, and fully owns the roughly 38,681-acre Yukon project located in the Central North Slope. Additionally, 88 Energy maintains a 50% working interest in the approximately 195,373-acre Peregrine project, situated in the NPR-A region, and also wholly owns the Umiat Oil Field project, which spans about 17,633 acres directly south of Peregrine. The company, formerly known as Tangiers Petroleum Limited, adopted its current name, 88 Energy Limited, in February 2015.

              88 Energy (88E) Earnings & Revenues

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