PINK
EEENF

88 Energy Limited

Oil & Gas E&P
Energy

Prices are adjusted according to historical splits.

88 Energy Limited Stock Price

Vitals

Today's Low:
$0.0043
Today's High:
$0.0048
Open Price:
$0.0044
52W Low:
$0.0041
52W High:
$0.0118
Prev. Close:
$0.0044
Volume:
6810247

Company Statistics

Market Cap.:
$97.52 million
Book Value:
0.007
Revenue TTM:
$2500
Operating Margin TTM:
-2981764.8%
Gross Profit TTM:
$2500
Profit Margin:
0%
Return on Assets TTM:
-33.42%
Return on Equity TTM:
-52.09%

Company Profile

88 Energy Limited had its IPO on under the ticker symbol EEENF.

The company operates in the Energy sector and Oil & Gas E&P industry. 88 Energy Limited has a staff strength of 10 employees.

Stock update

Shares of 88 Energy Limited opened at $0 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0 - $0, and closed at $0.

This is a +2.27% increase from the previous day's closing price.

A total volume of 6,810,247 shares were traded at the close of the day’s session.

In the last one week, shares of 88 Energy Limited have increased by +2.27%.

88 Energy Limited's Key Ratios

88 Energy Limited has a market cap of $97.52 million, indicating a price to book ratio of 1.4779 and a price to sales ratio of 28.2001.

In the last 12-months 88 Energy Limited’s revenue was $2500 with a gross profit of $2500 and an EBITDA of $-5834498. The EBITDA ratio measures 88 Energy Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, 88 Energy Limited’s operating margin was -2981764.8% while its return on assets stood at -33.42% with a return of equity of -52.09%.

In Q2, 88 Energy Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 99.9%.

88 Energy Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into 88 Energy Limited’s profitability.

88 Energy Limited stock is trading at a EV to sales ratio of 63.8623 and a EV to EBITDA ratio of -1.6175. Its price to sales ratio in the trailing 12-months stood at 28.2001.

88 Energy Limited stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$133.03 million
Total Liabilities
$1.35 million
Operating Cash Flow
$-24748890.00
Capital Expenditure
$20.78 million
Dividend Payout Ratio
0%

88 Energy Limited ended 2024 with $133.03 million in total assets and $0 in total liabilities. Its intangible assets were valued at $133.03 million while shareholder equity stood at $131.68 million.

88 Energy Limited ended 2024 with $0 in deferred long-term liabilities, $1.35 million in other current liabilities, in common stock, $-239765242.00 in retained earnings and $0 in goodwill. Its cash balance stood at $14.12 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

88 Energy Limited’s total current assets stands at $15.67 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $993924.00 and inventory worth $0.

In 2024, 88 Energy Limited's operating cash flow was $-24748890.00 while its capital expenditure stood at $20.78 million.

Comparatively, 88 Energy Limited paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0
52-Week High
$0.0118
52-Week Low
$0.0041
Analyst Target Price
$

88 Energy Limited stock is currently trading at $0 per share. It touched a 52-week high of $0.0118 and a 52-week low of $0.0118. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0 and 200-day moving average was $0.01 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 295.4% of the company’s stock are held by insiders while 41% are held by institutions.

Frequently Asked Questions About 88 Energy Limited

The stock symbol (also called stock or share ticker) of 88 Energy Limited is EEENF

The IPO of 88 Energy Limited took place on

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About

88 Energy Limited engages in the oil and gas exploration and production in the United States. The company’s projects includes 75% working interest in the Phoenix project, which covers an area of approximately 62,324 net acres; 75% working interest in the Icewine West project covering an area of approximately 121,996 net acres; 100% working interest in Peregrine project, which covers an area of approximately 125,741 net acres; 100% working interest in the Leonis project covering an area of approximately 25,600 net acres; 100% working interest in the Umiat unit, which covers an area of approximately 17,633 net acres; and 100% working interest in the Yukon leases covering an area of approximately 15,235 net acres located in onshore, North Slope of Alaska, the United States. It also holds 73% working interest in the Longhorn project, which covers an area of approximately 964 net acres located in onshore, Permian Basin, Texas. 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.

Address

516 Hay Street, Subiaco, WA, Australia, 6008