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88E - 88 Energy Share Price

1.31p 0.1  4.6%

Last Trade - 16/04/21

Market Cap £130.4m
Enterprise Value £133.7m
Revenue £2.93k
Position in Universe 976th / 1819
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +15.3%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -72.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.015 0.054 0.006 0.017 0.021 0.005 -18.4%
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, 88Energy Ltd revenues decreased 74% to A$5K. Net lossdecreased 40% to A$22M. Revenues reflect Unallocatedsegment decrease of 65% to A$245K, USA segment decrease of70% to A$2K. Lower net loss reflects Exploration impairmentexpense decrease of 61% to A$11.4M (expense), Finance costdecrease of 16% to A$2.6M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
88E EPS Forecasts Unlock 88E Revenue
Profile Summary

88 Energy Limited is an Australia-based exploration company. The Company is engaged in oil and gas exploration. Its projects include Project Icewine, Yukon Leases and Project Peregrine. The Project Icewine has approximately 480,000 contiguous acres in onshore Alaska. The Project Icewine has both unconventional and conventional oil potential. The Yukon Gold leases are located on the eastern border of the Central North Slope of Alaska. The Project Peregrine has approximately two prospects.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated February 21, 1996
Public Since January 20, 2000
No. of Shareholders: 12,703
No. of Employees: n/a
Sector Energy
Industry Oil & Gas
Index FTSE Aim All Share ,
Exchange London Stock Exchange (Dual Listing)
Shares in Issue 10,602,304,716
Free Float (0.0%)
Eligible for
ISAs
SIPPs
88E Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 88E
Upcoming Events for 88E
Thursday 2nd September, 2021 Estimate
Half Year 2021 88 Energy Ltd Earnings Release
Thursday 2nd September, 2021 Estimate
Half Year 2021 88 Energy Ltd Earnings Release
Frequently Asked Questions for 88 Energy
What is the 88 Energy share price?

As of 16/04/21, shares in 88 Energy are trading at 1.31p, giving the company a market capitalisation of £130.4m. This share price information is delayed by 15 minutes.

How has the 88 Energy share price performed this year?

Shares in 88 Energy are currently trading at 1.31p and the price has moved by 0.385k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the 88 Energy price has moved by 0.288k% over the past year.

What are the analyst and broker recommendations for 88 Energy?

Of the analysts with advisory recommendations for 88 Energy, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for 88 Energy is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will 88 Energy next release its financial results?

88 Energy is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the 88 Energy dividend yield?

88 Energy does not currently pay a dividend.

Does 88 Energy pay a dividend?

88 Energy does not currently pay a dividend.

When does 88 Energy next pay dividends?

88 Energy does not currently pay a dividend.

How do I buy 88 Energy shares?

To buy shares in 88 Energy you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of 88 Energy?

Shares in 88 Energy are currently trading at 1.31p, giving the company a market capitalisation of £130.4m.

Where are 88 Energy shares listed? Where are 88 Energy shares listed?

Here are the trading details for 88 Energy:

Country of listing: United Kingdom
Exchange: LSE
Ticker Symbol: 88E
What kind of share is 88 Energy?

Based on an overall assessment of its quality, value and momentum, 88 Energy is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a 88 Energy share price forecast 2021?

Shares in 88 Energy are currently priced at 1.31p. At that level they are trading at 0.105% discount to the analyst consensus target price of 1.31.

Analysts covering 88 Energy currently have a consensus Earnings Per Share (EPS) forecast of -0.001 for the next financial year.

How can I tell whether the 88 Energy share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like 88 Energy. Over the past six months, the relative strength of its shares against the market has been 0.227k%. At the current price of 1.31p, shares in 88 Energy are trading at 0.142k% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the 88 Energy PE Ratio?

We were not able to find PE ratio data for 88 Energy.

Who are the key directors of 88 Energy?

88 Energy's management team is headed by:

Michael Evans - NEC
Stephen Staley - NED
David Wall - MDR
Ashley Gilbert - CFO
Who are the major shareholders of 88 Energy?

Here are the top five shareholders of 88 Energy based on the size of their shareholding:

Wall (David James) Individual Investor
Percentage owned: 0.96% (120.0m shares)
1215 Capital Pty. Ltd. Corporation
Percentage owned: 0.55% (69.0m shares)
Elko International LLC Corporation
Percentage owned: 0.49% (61.4m shares)
Longreach Capital Pty, Ltd. Corporation
Percentage owned: 0.32% (40.4m shares)
Evans (Michael John) Individual Investor
Percentage owned: 0.26% (32.5m shares)
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