88 Energy (88E) Share Price & Analysis
88E Stock Chart & Stats
- Day’s Range
- GBX 0.94 - GBX 1.05
- 52-Week Range
- GBX 0.93 - GBX 2.20
- Previous Close
- GBX 0.98
- Volume
- 993.56K
- Average Volume (3M)
- 1.87M
- Market Cap
- GBP 13.97M
- Enterprise Value
- GBP 15.73M
- Total Cash (Recent Filing)
- GBP 8.22M
- Total Debt (Recent Filing)
- GBP 0
- Price to Earnings (P/E)
- ―
- Beta
- -0.09
- Next Earnings
- Mar 10, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance Sheet
The absence of reported debt reduces near-term solvency pressure and avoids interest obligations that could further strain exploration funding. This gives 88 Energy more flexibility to manage its Alaska portfolio, although it does not remove the need to secure future financing.
Multiple Monetisation Pathways
The exploration model provides several potential routes to convert discoveries or project interests into funding, including farm-outs, joint ventures and asset sales. That flexibility can help the company share exploration costs and advance prospects without relying solely on internally generated operating revenue.
Improved 2025 Free Cash Flow
The sharp improvement in free cash flow versus 2024 indicates some reduction in cash outflow intensity, which could support better control of exploration and corporate spending. However, the continuing deficit means this is an incremental improvement rather than evidence of self-funding operations.
Bears Say
No Meaningful Revenue Base
The lack of meaningful revenue leaves 88 Energy without a demonstrated recurring operating income stream to fund exploration, overheads or future development. Until projects generate proceeds or commercial production, the company remains dependent on asset transactions, partners or external capital.
Persistent Cash Burn
Consistently negative operating and free cash flow shows that the current business consumes cash rather than generating it. This weakens financial resilience and implies continued dependence on financing or asset sales to maintain exploration activity and meet corporate costs.
Shrinking Equity Cushion
The material decline in stockholders’ equity reflects the erosion of the company’s financial cushion amid ongoing losses. A smaller equity base can restrict flexibility during exploration setbacks and increases the risk that future funding needs may involve shareholder dilution.
88E FAQ
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88 Energy Stock Smart Score
Company Description
88 Energy
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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Ashley Phillip Gilbert A
- Employees
- 10
- Website
- www.88energy.com
- Address
- 516 Hay Street, Subiaco, WA, 6008, AU
88 Energy (88E) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 5 | 14 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 0 | 0 | 12 |