88 Energy Share Price and Company Fundamentals



Price
$0.011
Change
0.000 (0.000%)
52 week
0.007 - 0.056

Last traded: Today at 12:23 AM

88 Energy Limited explores for oil and gas properties in the United States. It primarily holds a 75% working interest in the Icewine project, which covers an area of approximately 193,000 acres located in North Slope of Alaska, the United States; 100% working interest in the Yukon project covering an area of approximately 38,681 acres situated in the Central North Slope of Alaska; 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; and 100% working interest in the Umiat Oil Field project covering an area of approximately 17,633 acres situated in the immediate south of Peregrine project 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

1.31

Dividend yield

0.00%

Beta

-

Market cap

-

Enterprise value

-

Company profile

Primary activitiesOil and Gas Exploration.
Industry / SectorOil & Gas E&P / Energy
Full time employees10
Websitehttps://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

Annual reports

Published onReport
18 Mar 2022Annual Report to shareholders

Dividends

More: 88 Energy Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

88 Energy paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.88E dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

88E's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on 88 Energy.

NameTitleAgeTotal Pay
Mr. Ashley Phillip GilbertMD & Director45599.12k
Mr. Oliver MortensenChief Financial Officer254.78k
Mr. Robert BenkovicChief Operating Officer377.77k
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

1,715.98%

Return on assets

-38.37%

Return on equity

-65.60%

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 and its enterprise value is .

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 $0.011.

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 https://www.88energy.com.

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

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