88 Energy Share Price and Company Fundamentals



Price
$0.051
Change
0.007 (15.909%)
52 week
0.005 - 0.096

Last traded: Today at 6:10 AM

88 Energy Limited engages in the exploration of oil and gas properties in the United States. The company holds a 59% working interest in the Icewine project, which covers an area of approximately 231,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, the company has a 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. 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.

Key Metrics

PE ratio

-

PB ratio

8.50

Dividend yield

Beta

0.74

Market cap

$690.77M

Enterprise value

$504.56M

Company profile

Primary activitiesOil and Gas Exploration.
Industry / SectorOil & Gas E&P / Energy
Websitehttp://www.88energy.com
Mailing address516 Hay Street Ground Floor Subiaco WA 6008 Australia
Phone / Fax61 8 9485 0990 / 61 8 9321 8990
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

88 Energy does not pay dividends.

Company Executives

As of Aug 2021, following are the company executives and directors listed on 88 Energy.

NameTitleAgeTotal Pay
Mr. Ashley Phillip GilbertMD & Director44453.52k
Ms. Elizabeth PattilloSr. Geologist & Exploration Mang.
Ms. Sarah Jayne Smith C.A., BBus; CACompany Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-8,071.30%

Return on assets

-13.62%

Return on equity

-35.68%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of 88 Energy is 690.77M and its enterprise value is 504.56M. The enterprise value to revenue ratio of 88E is 2,088.99.

The 88E's stocks Beta value is 0.74 making it 26% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to 88 Energy (88E)

88 Energy (ASX:88E) Frequently Asked Questions

1. What is 88 Energy's Stock Symbol?

88 Energy trades on ASX under the ticker symbol "88E".

2. What is 88 Energy's stock price today?

One share of 88E stock can currently be purchased for approximately $0.051.

3. How can I contact 88 Energy?

88 Energy's mailing address is 516 Hay Street Ground Floor Subiaco WA 6008 Australia. The company can be reached via phone at 61 8 9485 0990.

4. What is 88 Energy's official website?

The official website of 88 Energy is http://www.88energy.com.

5. Which share registry manages 88 Energy's stock?

88 Energy's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.