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$23.96M
Enterprise ValueAU$19.80M
Total Cash (Recent Filing)AU$6.82M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.55
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 across recent years materially lowers immediate solvency and interest burden for an exploration company. This durable balance sheet feature preserves flexibility to time capital raises or farm-outs and reduces bankruptcy risk while pursuing episodic, capital-intensive drilling.
Partner-funded/farm-out Business ModelA business model that routinely uses farm-outs and partner carries shifts drilling risk and capex to third parties, conserving corporate cash. Structurally this reduces the firm's need for continuous operating revenue and allows progress on high-cost exploration programs with limited internal capital.
Focus On Alaska North Slope AcreageConcentrated acreage in the Alaska North Slope places the company in a proven petroleum basin with material resource upside if exploration is successful. This structural location advantage supports long-term value creation potential through discoveries and JV developments.
Bears Say
No Meaningful RevenueThe absence of operating revenue over multiple years means the company lacks an internal earnings base to fund operations or de-risk the business. Long-term value depends entirely on exploration success and external financing, raising execution and funding risk across the next several quarters.
Consistent Negative Cash FlowPersistent negative operating and free cash flow forces reliance on capital markets, farm-outs, or asset sales to sustain activity. That structural cash burn limits strategic optionality, makes multi-year project funding uncertain, and increases probability of dilution or halted programs.
Shrinking Equity Base / Dilution RiskA materially reduced equity cushion signals accumulated losses and prior capital raises; it increases the likelihood that future financing will be dilutive. Over time this erodes shareholder value and can constrain the company's ability to negotiate favorable farm-out or JV terms.
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$23.96M.
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 45 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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10
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, 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.
Technical Analysis
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Options Prices
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