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88 Energy Limited (ASX: 88E) - Share Price and Research

- Current share price for 88E : $0.005

88 Energy Limited (88E, formerly Tangiers Petroleum Limited), an ASX-listed company, is an oil and gas exploration company which has exploration permits located in Alaska, North America. The major focus of the company is on Icewine project in Alaska. The company is the Operator across all of its portfolio of world class exploration and appraisal assets. 88 Energy's drilling programs maintain adherence to the strict environmental regulations that exist in the State of Alaska.

88E General Information +

ASX Code 88E
Website http://www.88energy.com
Industry/Sector Oil & Gas Exploration & Production
Market Cap ($M) 125
88E Share Price $0.005
Day High $0.005
Day Low $0.004
Last Close $0.005
88E Share Price Movement - ( No change )
Prices as at 16:40, 16 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
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88E Related Research

88 Energy Limited (88E) Upcoming Dividends & Yields

There are no dividends for 88 Energy Limited (88E). Please use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

88 Energy Limited (88E) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Hickory-1 Flow Test - Second Light Oil Discovery 15 Apr 2024 8:39AM $0.006 $0.005 $0.006 fallen by 16.67%
Hickory-1 Upper SFS Zone Flows Light Oil 2 Apr 2024 9:55AM $0.005 $0.005 $0.006 fallen by 0%
Letter to Shareholders 28 Mar 2024 5:08PM $0.005 $0.005 $0.006 fallen by 0%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from 88 Energy Limited (88E) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

88E Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024F C2 N2 0.00% 0.00 0.00 0.00% 0.0%
2023A -$14.44 -$0.10 -85.70% 0.00 0.00 0.00% 0.0%
2022A -$70.72 -$0.40 2,000.00% 0.00 0.00 0.00% 0.0%

88E Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 F 2022 A 2023 A 2024 F 2022 A 2023 A 2024 F
88 Energy (88E) $151M -0.8571 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Beach Energy (BPT) $3,707M -0.2337 -0.0768 0.2761 9.6784 10.4839 8.2154 2.46% 2.95% 3.43%
Karoon Energy (KAR) $1,867M -0.2839 0.0261 -0.1747 3.8679 3.7696 4.5677 0.00% 0.00% 0.00%
Santos (STO) $25,592M -0.3785 -0.0852 0.2741 12.6020 13.7762 10.8123 4.86% 3.68% 4.52%
Woodside Energy Group (WDS) $57,551M -0.7981 0.6473 -0.0152 23.8567 14.4823 14.7065 6.75% 5.61% 5.64%

88E Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.79 0.00
Market 0.52 15.00 1.11 1.02
Sector 0.91 11.30 1.30 0.84

88E Directors

Name Position Start Date
Mr Ashley Gilbert Managing Director 10 May 2021
Mr Philip Ambrose Byrne Non-Executive Chairman, Non-Executive Director 2 Aug 2021
Dr Stephen Staley Non-Executive Director 9 Apr 2014
Ms Joanne Louise Kendrick (nee Williams) Non-Executive Director 2 Aug 2021

88 Energy Limited (88E) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
29 Aug 2023 STALEY, Stephen Issued Direct Shares 1,451,883 $0.006 $8,711.298
29 Aug 2023 STALEY, Stephen Issued Indirect Shares 82,500 $0.006 $495.000
23 Nov 2022 GILBERT, Ashley Exercise Related Securities 295,729 $0.008 $2,365.830

See all changes in directors' interest & trades for 88 Energy Limited (88E) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

88E Management

Name Position
Oliver Mortensen Chief Financial Officer
Robert Benkovic Chief Operating Officer
Sarah Jayne Smith Company Secretary

88E Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in 88 Energy Limited (88E). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
4,488,652,727 (22.32%) Computershare Clearing Pty Ltd
4,152,143,212 (20.65%) Citicorp Nominees Pty Limited
1,334,782,528 (6.64%) BNP Paribas Noms Pty Ltd
1,049,215,963 (5.22%) BNP PARIBAS NOMINEES PTY LTD ACF CLEARSTREAM

88E Calendar of Events

Date Event
27 March 2025 Report (Annual)
28 January 2025 Report (Quarterly)
29 October 2024 Report (Quarterly)
29 July 2024 Report (Quarterly)
13 May 2024 AGM
24 April 2024 Report (Quarterly)

FAQs about 88 Energy Limited (88E)

88 Energy Limited's (88E) current share price is $0.01. This constitutes a price movement of 16.67% when compared to the share price 7 days ago and is -44.44% below 88E's 12-month high of $0.01 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.01, 88 Energy Limited's (88E) current share price of $0.01 constitutes a movement of or 0%. 88 Energy Limited's (88E) share price movement is -16.67% when compared to 7 days ago and is -44.44% below 88E's 52-week high of $0.01.

88 Energy Limited's (88E) 52-week high is $0.01 which was reached on 18 Apr 2023. Relative to this, 88E's current share price of $0.01 constitutes a $0.00 or -44.44% drop since that high of $0.01 per 88E share.

88 Energy Limited's (88E) 52-week low is $0.00 which was reached on 5 Dec 2023. Relative to this, 88E's current share price of $0.01 constitutes a $0.00 or 25% gain since that low of $0.00 per 88E share.

Over the last 12 months, 88 Energy Limited (88E) has a daily average trading volume of 25,237,725 88E shares per day.

88 Energy Limited (88E) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for 88E is a ratio that tells you the percentage of 88 Energy Limited's (88E) share price that it pays out in dividends each year.

88 Energy Limited (88E) has a franking level of 0%. Franking represents the tax 88 Energy Limited (88E) has already paid on any profit it distributes to shareholders as a dividend.

88 Energy Limited (88E) will release its next Annual Report on 27 March 2025. 88 Energy Limited's (88E) last annual report was released on 28 Mar 2024. Click here to view 88 Energy Limited's (88E) last annual report.

88 Energy Limited (88E) is classified as Energy. Other companies in this sector include Woodside Energy Group Ltd (WDS), Paladin Energy Ltd (PDN), Woodside Petroleum Limited (WPL), and Santos Limited (STO).

The price-to-earnings (P/E) ratio for 88 Energy Limited (88E) is 0. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of 88 Energy Limited's (88E) share price to its earnings per 88E share.

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