LON:88E

88 Energy (88E) Share Forecast, Price & News

GBX 0.64

-0.01 (-1.23%)

(As of 05/23/2022 04:35 PM ET)

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Today's Range: 0.60
▼
0.70
50-Day Range: 0.60
▼
2.35
52-Week Range: 0.60
▼
2.95

Volume: 17.50 million shs
Average Volume: 65.70 million shs
Market Capitalization: £101.98 million

P/E Ratio: N/A
Dividend Yield: N/A
Beta: N/A

30 days | 90 days | 365 days | Advanced Chart

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About 88 Energy

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.

May 19, 2022 | americanbankingnews.com

88 Energy (LON:88E) Stock Crosses Below 200 Day Moving Average of $1.57

April 16, 2022 | proactiveinvestors.com.au

Proactive oil & gas highlights: Hurricane, 88 Energy, Europa and more

March 29, 2022 | proactiveinvestors.com

88 Energy’s Merlin-2 well result disappoints

March 18, 2022 | lse.co.uk

88 Energy posts multiplied revenue and narrowed loss in full year

March 16, 2022 | proactiveinvestors.com

88 Energy flying at Merlin-2 well in Alaska

March 1, 2022 | proactiveinvestors.com

88 Energy set to spud Merlin well next week

February 14, 2022 | marketwatch.com

88 Energy Raises A$32 Mln via Oversubscribed Share Placing

January 21, 2022 | proactiveinvestors.com.au

88 Energy shares join OTCQB market in US ahead of expected spud of Alaska well

December 30, 2021 | proactiveinvestors.com.au

AIM winners & losers 2021: A Quantum of success and a victory for old energy over renewables

December 6, 2021 | proactiveinvestors.com.au

88 Energy on-track for Merlin well spud in February

November 24, 2021 | proactiveinvestors.com

88 Energy selects location for Merlin-2 well ahead of February spud

August 16, 2021 | proactiveinvestors.com.au

88 Energy planning Merlin appraisal as latest analysis confirms light oil

August 15, 2021 | msn.com

Here’s why the 88 Energy (ASX:88E) share price is flying 32% higher today

See More Headlines

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Oil & Gas E&P
Sub-Industry: N/A
Sector: Energy
Current Symbol: LON:88E
Previous Symbol: LON:TPET
CUSIP: N/A
CIK: N/A
Web: www.tangierspetroleum.com.au
Phone: +61-8-94850990
Fax: N/A
Employees: 10
Year Founded: N/A

Sales & Book Value

Annual Sales: £4.45 million
Price / Sales: 22.92
Cash Flow: GBX 0.18 per share
Price / Cash Flow: 3.48
Book Value: GBX 0.90 per share
Price / Book: 0.71

Profitability

EPS (Most Recent Fiscal Year): N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 35.28
Current Ratio: 7.32
Quick Ratio: 5.44

Price-To-Earnings

Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A

Miscellaneous

Outstanding Shares: 15,885,207,000
Free Float: N/A
Market Cap: £101.98 million
Optionable: Not Optionable

MarketRank^™

Overall MarketRank^™

0.92 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for 88 Energy.

4.0 Community Rank

Outperform Votes
88 Energy has received 74 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
88 Energy has received 49 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
88 Energy has received 60.16% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about 88 Energy and other stocks. Vote “Outperform” if you believe 88E will outperform the S&P 500 over the long term. Vote “Underperform” if you believe 88E will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
88 Energy does not currently pay a dividend.
Dividend Growth
88 Energy does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, 88 Energy insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of 88 Energy is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of 88 Energy is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
88 Energy has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

88 Energy (LON:88E) Frequently Asked Questions

Who are 88 Energy's key executives?: 88 Energy's management team includes the following people:
Mr. Ashley Phillip Gilbert, MD & Director (Age 46, Pay $442.95k)
Mr. Oliver Mortensen, Chief Financial Officer
Mr. Robert Benkovic, Chief Operating Officer
Ms. Elizabeth Pattillo, Sr. Geologist & Exploration Mang.
Ms. Sarah Jayne Smith C.A., BBus; CA, Company Sec.
Who are some of 88 Energy's key competitors?: Some companies that are related to 88 Energy include TransGlobe Energy (TGL), Gear Energy (GXE), Bonterra Energy (BNE), Africa Energy (AFE), Canacol Energy (CNNEF), Eland Oil & Gas (ELA), BlackPearl Resources (PXX), Kistos (KIST), InPlay Oil (IPO), PetroTal (PTAL), i3 Energy (I3E), VAALCO Energy (EGY), Touchstone Exploration (TXP), Petrus Resources (PRQ) and Yangarra Resources (YGR).
View all of 88E's competitors.
What other stocks do shareholders of 88 Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 88 Energy investors own include SolGold (SOLG), Bahamas Petroleum (BPC), Clorox (CLX), Hurricane Energy (HUR), Immutep (IMMP), Premier Oil (PMO), Premier African Minerals (PREM), Transocean (RIG), Rockhopper Exploration (RKH) and Savannah Energy Plc (SAVP.L) (SAVP).
What is 88 Energy's stock symbol?: 88 Energy trades on the London Stock Exchange (LON) under the ticker symbol "88E."
How do I buy shares of 88 Energy?: Shares of 88E and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is 88 Energy's stock price today?: One share of 88E stock can currently be purchased for approximately GBX 0.64.
How much money does 88 Energy make?: 88 Energy has a market capitalization of £101.98 million and generates £4.45 million in revenue each year.
How many employees does 88 Energy have?: 88 Energy employs 10 workers across the globe.
What is 88 Energy's official website?: The official website for 88 Energy is www.tangierspetroleum.com.au.
How can I contact 88 Energy?: 88 Energy's mailing address is L 2 5 Ord St, PERTH, WAS 6005, Australia. The company can be reached via phone at +61-8-94850990.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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