Top 10 ASX Dividend Stocks for Nov 2026 Download Free Report

88 Energy Limited

Company price
0.0135 USD 0.00 ( 3.85%)
Last update at 2026-11-11T19:53:00Z
VOLUME
47121
Market Cap
26.89M

Momentum Score

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88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. It operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia. 88 Energy Limited was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. The company was incorporated in 1996 and is based in Subiaco, Australia.

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Day Price Range
0.01
Low
0.01
High
52 Week Price Range
0.01
Low
0.03
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

88 Energy Limited is an oil and gas exploration company focused on onshore acreage in Alaska's North Slope and other frontier assets seeking to discover and appraise hydrocarbons for development or farm-out. Long-term growth drivers are high-impact exploration wells, acreage scale that could attract partners, and potential value uplift from discoveries and licensing that may benefit from favorable commodity markets and infrastructure.

Key risks include high exploration and execution uncertainty, reliance on external financing and farm-outs, commodity-price swings, permitting and operational challenges in remote Arctic settings, and potential equity dilution.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.01
Dividend Yield
-
Revenue TTM
0.35M
Revenue Per Share
-
Gross Profit TTM
0.35M
Debt / Equity
-
ROE
-44.79%
Net Debt
-6.82M
ROCE
-5.26%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -52.89M -0.03M -14.44M -70.72M -2.41M
Net income -52.89M -0.03M -14.44M -70.72M -2.41M
Selling general administrative 1.81M 0.00M 2.69M 2.78M 3.05M
Selling and marketing expenses - 0.00M 13.31M - -
Gross profit -0.09M -0.08M -0.06M -0.06M -0.08M
Ebit -4.61M -0.03M -16.55M -74.54M -1.52M
Ebitda -4.52M -0.00M -6.99M -2.06M -1.21M
Depreciation and amortization 0.09M 0.03M 9.55M - -
Operating income -4.61M -0.00M -16.00M -2.06M -1.21M
Other operating expenses 4.61M 0.00M 16.00M 5.88M 5.92M
Interest expense 0.00M 0.00M 0.01M 0.01M 1.20M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.35M 0.82M 0.50M 0.02M 0.00M
Net interest income 0.34M 0.82M 0.49M -0.01M -1.20M
Income tax expense - - -1.67M - -
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 4.52M 0.00M 16.00M 5.82M 5.83M
Cost of revenue 0.09M 0.08M 0.06M 0.06M 0.08M
Total other income expense net -48.28M -0.03M 1.57M -68.66M -1.20M
Net income from continuing ops -52.91M -32.82M -14.44M -70.72M -2.41M
Net income applicable to common shares - - - -70.72M -2.41M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 87.95M 148.99M 156.53M 133.03M 145.78M
Other current assets - 5.60M 3.97M 1.55M 10.22M
Total liab 0.36M 0.36M 0.84M 1.35M 5.94M
Total stockholder equity 87.58M 148.64M 155.69M 131.68M 139.84M
Other current liab 0.23M 0.25M 0.36M 0.24M 0.15M
Common stock 392.47M 392.62M 379.92M 340.97M 285.81M
Capital stock 392.62M 392.62M 379.92M 340.97M 285.81M
Retained earnings -339.80M -287.02M -254.20M -239.77M -169.04M
Other assets - - - 0.44M 0.41M
Cash 6.82M 7.20M 18.18M 14.12M 32.32M
Total current liabilities 0.36M 0.36M 0.84M 1.35M 5.94M
Net debt -6.82M -7.20M -18.18M -14.12M -32.32M
Other stockholder equity - 43.04M -0.00M 30.47M 23.07M
Property plant equipment - - - 96.50M 101.48M
Total current assets 10.55M 12.79M 22.16M 15.67M 43.48M
Net tangible assets - - - 131.68M 139.84M
Short term investments - - 0.00M - -
Net receivables 3.73M - 3.97M 1.55M 0.94M
Long term debt - - - - 0.00M
Inventory - - -3.97M - -
Accounts payable 0.13M 0.11M 0.48M 1.11M 5.80M
Accumulated other comprehensive income 34.92M - 29.97M - -
Non currrent assets other 77.34M 0.55M 0.51M 20.91M 0.94M
Non current assets total 77.39M 136.20M 134.37M 117.35M 102.30M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.00M -17.38M -23.67M -57.84M 3.15M
Change to liabilities - - - -0.01M 0.26M
Total cashflows from investing activities 4.07M -17.38M -23.67M -57.84M 3.15M
Net borrowings 0.00M 0.00M - - -20.91M
Total cash from financing activities - 9.03M 33.09M 43.90M 19.09M
Change to operating activities - - - 0.10M -0.19M
Net income -52.89M -32.82M -14.44M -70.72M -2.41M
Change in cash 0.15M -10.98M 4.06M -18.19M 17.47M
Begin period cash flow 6.67M 18.18M 14.12M 32.32M 14.85M
End period cash flow 6.82M 7.20M 18.18M 14.12M 32.32M
Total cash from operating activities -3.91M -3.41M -5.38M -4.89M -5.65M
Issuance of capital stock 0.00M 9.70M 35.41M 47.05M 42.52M
Depreciation 0.09M - 0.06M 68.71M 0.12M
Other cashflows from investing activities 6.42M 7.94M 7.11M 1.22M 44.94M
Change to account receivables - - - 0.02M -0.01M
Other cashflows from financing activities - -0.67M -2.32M -3.15M -2.52M
Change to netincome - - - -2.99M -3.42M
Capital expenditures 0.00M 25.31M 29.90M 52.64M 41.79M
Change in working capital 0.01M -0.03M 0.04M - -
Stock based compensation - - 0.88M - -
Other non cash items 48.88M -3.38M 9.90M - -
Free cash flow -3.91M -28.73M -35.29M -52.64M -41.79M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
EEENF
88 Energy Limited
0.00
3.85%
0.01 - - 77.85 0.35 63.86 -2.13
COP
ConocoPhillips
2.27
1.67%
137.86 18.08 13.59 2.63 2.51 2.84 6.47
CNQ
Canadian Natural Resources Ltd
0.65
1.35%
48.89 12.42 14.47 2.38 3.07 3.09 6.67
EOG
EOG Resources Inc
2.18
1.44%
153.69 9.09 8.98 3.01 2.57 2.97 5.16
OXY
Occidental Petroleum Corporation
0.34
0.60%
57.24 13.25 11.48 1.80 2.51 2.77 5.35

Profile*

88 Energy Limited

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. It operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia. 88 Energy Limited was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. The company was incorporated in 1996 and is based in Subiaco, Australia.

516 Hay Street, Subiaco, WA, Australia, 6008

61 8 9485 0990

Name Title Year Born
Mr. Ashley Phillip Gilbert MD & Director 1976
Mr. Oliver Mortensen Chief Financial Officer NA
Mr. Robert Benkovic Chief Operating Officer NA
Ms. Elizabeth Pattillo Sr. Geologist & Exploration Mang. NA
Ms. Sarah Jayne Smith C.A., BBus; CA Company Sec. NA
Mr. Ashley Phillip Gilbert A Fin, B.Comm, CA, CSA(Cert), GAICD MD & Director 1977
Mr. Richard Jason Exploration Manager NA
Ms. Sarah Jayne Smith BBus; CA, C.A. Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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