88 Energy Ltd

Energy AU 88E

0.003AUD
-0.001(25.00%)

Last update at 2024-05-08T04:12:00Z

Day Range

0.0030.003
LowHigh

52 Week Range

0.0030.0089
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -70.72192M -2.41019M -22.03363M -36.78046M -5.99359M
Minority interest - - - - -
Net income -135.55082M -3.60589M -24.62904M -39.81781M -5.99359M
Selling general administrative 2.78M 3.05M 1.40M 1.22M 1.52M
Selling and marketing expenses - - - - -
Gross profit -0.06031M -0.08445M -0.09339M -1.96314M -1.86204M
Reconciled depreciation - - - 0.06M 0.05M
Ebit -5.88444M -5.95388M -3.51789M -33.74310M -1.76890M
Ebitda -2.06402M -1.21449M -19.43823M -33.68499M -1.71829M
Depreciation and amortization 3.82M 4.74M -4.53605M 0.06M 0.05M
Non operating income net other - - - - -
Operating income -5.88444M -1.21449M -19.43823M -33.74310M -2.17542M
Other operating expenses 5.88M 5.92M 3.52M 3.35M 2.18M
Interest expense 0.00858M 1.20M 2.60M 3.10M 4.22M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 3.80M 0.89M 0.00524M 3.15M 3.69M
Net interest income 0.01M -1.19570M -2.59016M -3.07492M -4.20773M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 64.83M 1.20M 2.60M 3.04M 0.00000M
Total revenue 0.02M 0.00142M 0.00524M 0.06M 0.02M
Total operating expenses 5.82M 5.83M 3.42M 3.29M 2.12M
Cost of revenue 0.06M 0.08M 0.09M 0.06M 0.05M
Total other income expense net -64.83748M -1.19570M -2.59541M -3.03736M -3.81817M
Discontinued operations - - - - -
Net income from continuing ops -70.72192M -2.41019M -22.03363M -36.78046M -5.99359M
Net income applicable to common shares -70.72192M -2.41019M -22.03363M -36.78046M -5.99359M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 156.53M 133.03M 145.78M 85.36M 93.58M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - 1.55M 10.22M 12.28M 11.82M
Total liab 0.84M 1.35M 5.94M 26.45M 28.98M
Total stockholder equity 155.69M 131.68M 139.84M 58.91M 64.60M
Deferred long term liab - - - - -
Other current liab 0.36M 0.24M 0.15M 0.34M 0.28M
Common stock 379.92M 340.97M 285.81M 208.96M 185.62M
Capital stock 379.92M 340.97M 285.81M 208.96M 185.62M
Retained earnings -254.20448M -239.76524M -169.04332M -166.63314M -144.59950M
Other liab - - - - -
Good will - - - - -
Other assets - 0.44M 0.41M -0.00000M 23.11M
Cash 18.18M 14.12M 32.32M 14.85M 15.90M
Cash and equivalents - - - - -
Total current liabilities 0.84M 1.35M 5.94M 5.67M 6.31M
Current deferred revenue - - - - -
Net debt -18.18273M -14.12373M -32.31789M 5.94M 6.77M
Short term debt - 0.00000M 0.00000M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total - - - 20.78M 22.67M
Other stockholder equity 0.00000M 30.47M 23.07M 16.58M 23.58M
Property plant equipment - 96.50M 101.48M 48.39M 53.02M
Total current assets 22.16M 15.67M 43.48M 19.92M 17.02M
Long term investments - - - - 0.43M
Net tangible assets - 131.68M 139.84M 58.91M 64.60M
Short term investments - - - - -
Net receivables 3.97M 1.55M 0.94M 5.08M 0.05M
Long term debt - 0.00000M 0.00000M 20.78M 22.67M
Inventory - - - - -
Accounts payable 0.48M 1.11M 5.80M 5.33M 6.03M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 29.97M - - -0.22513M -0.18424M
Additional paid in capital - - - - -
Common stock total equity - - - 208.96M 185.62M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 110.59M 20.91M 0.94M 17.22M 23.62M
Deferred long term asset charges - - - - -
Non current assets total 134.37M 117.35M 102.30M 65.43M 76.56M
Capital lease obligations - - - - -
Long term debt total - 0.00000M 0.00000M 20.78M 22.67M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -57.83929M 3.15M -9.33712M -5.86499M -22.95446M
Change to liabilities -0.00762M 0.26M -0.70018M 0.04M 1.47M
Total cashflows from investing activities -57.83929M 3.15M -9.33712M -5.86499M -22.95446M
Net borrowings - -20.90969M -20.90969M -20.90969M -20.90969M
Total cash from financing activities 43.90M 19.09M 13.63M 6.07M 36.43M
Change to operating activities 0.10M -0.19293M 0.06M 0.03M 0.06M
Net income -135.55082M 2.29M -22.03363M -36.78046M -5.99359M
Change in cash -18.19416M 17.47M -1.05777M -5.81909M 7.71M
Begin period cash flow 32.32M 14.85M 15.90M 21.72M 14.01M
End period cash flow 14.12M 32.32M 14.85M 15.90M 21.72M
Total cash from operating activities -135.55082M -5.64572M -5.11691M -5.83838M -6.58458M
Issuance of capital stock 47.05M 42.52M 14.87M 6.53M 39.68M
Depreciation 68.71M 0.12M 11.48M 0.06M 0.05M
Other cashflows from investing activities -5.19486M 44.94M 32.18M 23.86M 12.16M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables 0.02M -0.00707M 0.66M -0.07650M -1.74378M
Sale purchase of stock 47.05M 42.52M 14.87M 6.53M 39.68M
Other cashflows from financing activities -3.14933M -2.52315M -1.23888M -0.46150M -3.25046M
Change to netincome -2.99089M -3.42029M 5.42M 1.43M -0.42767M
Capital expenditures 52.64M 41.79M 41.52M 29.73M 35.11M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.02M 0.00084M 0.26M 0.02M 0.02M
Stock based compensation - - - - -
Other non cash items 135.55M -2.29234M 22.03M 36.72M 5.94M
Free cash flow -188.19524M -47.43681M -46.63817M -35.56360M -41.69543M

Fundamentals

  • Previous Close 0.004
  • Market Cap75.37M
  • Volume16809922
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-6.99495M
  • Revenue TTM0.50M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00250M
  • Diluted EPS TTM-

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (AUD) Price (AUD) 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)
88E
88 Energy Ltd
-0.001 25.00% 0.003 - - 250.78 0.97 117.65 -9.1861
WDS
Woodside Energy Group Ltd
0.13 0.47% 27.97 20.43 14.43 4.10 1.08 4.60 8.39
STO
Santos Ltd
0.11 1.46% 7.66 11.33 13.66 4.31 1.08 5.32 7.90
BPT
Beach Energy Ltd
0.02 1.26% 1.60 - 7.41 2.10 1.07 2.42 -28.7008
KAR
Karoon Energy Ltd
-0.01 0.53% 1.89 4.30 4.53 2.24 1.32 4.13 6.33

Reports Covered

Stock Research & News

Profile

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. 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.

88 Energy Ltd

516 Hay Street, Subiaco, WA, Australia, 6008

Key Executives

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
Ms. Elizabeth Pattillo Senior Geologist & Exploration Manager NA
Ms. Sarah Jayne Smith C.A., BBus; CA Company Secretary NA
Mr. Ashley Phillip Gilbert A Fin, B.Comm, CA, CSA(Cert), GAICD MD & Director 1977
Ms. Elizabeth Pattillo Senior Geologist & Exploration Manager NA

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