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88E · ASX

88 Energy Limited (ASX:88E)

AU$0.002

 -0.001 (-33.333%)
ASX:Live
26/07/2024 04:10:15 PM
HALO Ords HALO Consensus Value GROWTH AUS Big Candle All-Consensus +1
Consensus Score
/10
Recommend
Target Price
Deviation
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88E Overview

88E Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Strong

Balance Sheet

Very Strong

About 88E

Telephone

Address

Description

88 Energy Ltd. is an oil and gas exploration company, which engages in the exploration and development of mineral properties. It operates through Oil and Gas Exploration in Alaska, USA and Oil and Gas Production in Texas, USA. The company was founded on February 21,1996 and is headquartered in Subiaco, Australia.

88E Price Chart

Key Stats

Market Cap

AU$86.68M

PE

N/A

EV/EBITDA

N/A

Dividends Overview

DIV Yield

N/A

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.0 - 0.01

Trade Value (12mth)

AU$40,116.00

1 week

50%

1 month

50%

YTD

-40%

1 year

-56.58%

All time high

1.21

Key Fundamentals

EPS 3 yr Growth

-77.800%

EBITDA Margin

-295.40%

Operating Cashflow

-$5m

Free Cash Flow Return

N/A

ROIC

N/A

Interest Coverage

-5.30

Quick Ratio

N/A

Other Data

Shares on Issue (Fully Dilluted)

20372m

HALO Sector

Next Company Report Date

04-Mar-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.02

88E Announcements

Latest Announcements

Date Announcements

26 July 24

Quarterly Activities/Appendix 5B Cash Flow Report

×

Quarterly Activities/Appendix 5B Cash Flow Report

24 July 24

2D Seismic Acquisition Completed for PEL 93, Namibia

×

2D Seismic Acquisition Completed for PEL 93, Namibia

08 July 24

Commencement of 2D Seismic Acquisition for PEL 93, Namibia

×

Commencement of 2D Seismic Acquisition for PEL 93, Namibia

04 June 24

Project Leonis Maiden Prospective Resource Estimate Complete

×

Project Leonis Maiden Prospective Resource Estimate Complete

21 May 24

Notification of cessation of securities - 88E

×

Notification of cessation of securities - 88E

21 May 24

Notification regarding unquoted securities - 88E

×

Notification regarding unquoted securities - 88E

21 May 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

13 May 24

Results of Meeting

×

Results of Meeting

10 May 24

2D Seismic Program Awarded For Namibian PEL 93 Acreage

×

2D Seismic Program Awarded For Namibian PEL 93 Acreage

01 May 24

Application for quotation of securities - 88E

×

Application for quotation of securities - 88E

01 May 24

Application for quotation of securities - 88E

×

Application for quotation of securities - 88E

01 May 24

Cleansing Statement

×

Cleansing Statement

24 April 24

Successful Placement to Raise A$9.9M

×

Successful Placement to Raise A$9.9M

24 April 24

Proposed issue of securities - 88E

×

Proposed issue of securities - 88E

24 April 24

Proposed issue of securities - 88E

×

Proposed issue of securities - 88E

24 April 24

Proposed issue of securities - 88E

×

Proposed issue of securities - 88E

23 April 24

Trading Halt

×

Trading Halt

19 April 24

Further Information on Hickory-1 Flow Test Results

×

Further Information on Hickory-1 Flow Test Results

18 April 24

Quarterly Activities/Appendix 5B Cash Flow Report

×

Quarterly Activities/Appendix 5B Cash Flow Report

17 April 24

Investor Presentation - April 2024

×

Investor Presentation - April 2024

15 April 24

Hickory-1 Flow Test - Second Light Oil Discovery

×

Hickory-1 Flow Test - Second Light Oil Discovery

02 April 24

Hickory-1 Upper SFS Zone Flows Light Oil

×

Hickory-1 Upper SFS Zone Flows Light Oil

28 March 24

Annual Report to shareholders

×

Annual Report to shareholders

28 March 24

Appendix 4G and Corporate Governance Statement

×

Appendix 4G and Corporate Governance Statement

28 March 24

Notice of Annual General Meeting/Proxy Form

×

Notice of Annual General Meeting/Proxy Form

88E Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.00 -0.00 -0.00 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.00 -0.00 N/A Lock Lock Lock
     Growth % Lock Lock Lock Lock 92.6 -2,050.0 86.0 Lock Lock Lock
     PE X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFPS $ Lock Lock Lock Lock -0.00 -0.00 N/A Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.00 -0.00 N/A Lock Lock Lock
     Growth % Lock Lock Lock Lock 26.1 89.8 N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock -1.7 -0.3 N/A Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 N/A Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 N/A Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.01 0.01 0.01 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.01 0.01 N/A Lock Lock Lock
     Growth % Lock Lock Lock Lock 69.9 -23.6 N/A Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 13,065 16,621 N/A Lock Lock Lock
Basic m Lock Lock Lock Lock 13,065 16,621 N/A Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 0 0 2 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 6 7 N/A Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 0 0 N/A Lock Lock Lock
     Growth % Lock Lock Lock Lock 9.6 28.6 N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
EBITDA $m Lock Lock Lock Lock -6 -7 -6 Lock Lock Lock
     Growth % Lock Lock Lock Lock -70.3 -17.4 6.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A -295.4 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
EBIT $m Lock Lock Lock Lock -6 -7 -6 Lock Lock Lock
     Growth % Lock Lock Lock Lock -68.2 -16.8 5.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A -300.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -2 -74 N/A Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 0 0 N/A Lock Lock Lock
Net Income $m Lock Lock Lock Lock -2 -71 -13 Lock Lock Lock
     Growth % Lock Lock Lock Lock 89.1 -2,834.3 82.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A -581.6 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock -6 -1 -5 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 42 53 31 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock 3 -62 -24 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 19 44 28 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -6 -1 -32 Lock Lock Lock
     Growth % Lock Lock Lock Lock -2.4 89.3 -5,232.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A -14.9 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 32 14 N/A Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 146 133 154 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 0 0 N/A Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -32 -14 -16 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 6 1 N/A Lock Lock Lock
Equity $m Lock Lock Lock Lock 140 132 158 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 140 132 N/A Lock Lock Lock
     Growth % Lock Lock Lock Lock 75.5 -5.8 N/A Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -1.7 -53.2 -8.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -1.7 -53.7 -8.0 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock -5.4 -5.1 N/A Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -2.2 -52.1 N/A Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock -5.1 -0.4 N/A Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock -4.9 N/A -5.3 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 5.5 2.1 2.5 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -23.1 -10.7 -10.0 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 7.3 11.6 N/A Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 7.3 11.6 N/A Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 74.3 90.1 N/A Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock -95.0 -44.9 -384.6 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 0.0 0.0 N/A Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 N/A Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -1.7 -53.2 -8.2 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.0 1.0 1.0 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -1.7 -53.7 -8.0 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 N/A Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -1.7 -53.7 N/A Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 3,675.7 6,370.0 N/A Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -3,675.7 -6,370.0 N/A Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

N/A

Franking Level

N/A

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.02%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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88E Shortsell

Frequently Asked Questions

The current share price of 88 Energy Limited (88E:ASX) is AU$0.002.
The 52-week high share price for 88 Energy Limited (88E:ASX) is AU$0.01.
The 52-week low share price for 88 Energy Limited (88E:ASX)? is AU$0.00.
88 Energy Limited (88E:ASX) does not pay a dividend.
88 Energy Limited (88E:ASX) does not pay a dividend.
88 Energy Limited (88E:ASX) has a franking level of 0.0%.
88 Energy Limited (88E:ASX) is classified in the Energy.
The current P/E ratio for 88 Energy Limited (88E:ASX) is .