ASX Share rice
Sat 15 May 2021 - 03:16:am (Sydney)

88E Share Price

88 ENERGY LIMITED88EEnergy

88E Company Information

Name:

88 Energy Limited

Sector:

Energy

Industry:

Oil & Gas E&P

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Oil & Gas Exploration & Production

Address:

516 Hay Street Subiaco WA Australia 6008

Phone:

61 8 9485 0990

MD & Director:

Mr. Ashley Phillip Gilbert

Sr. Geologist & Exploration Mang.:

Ms. Elizabeth Pattillo

Company Sec.:

CA

Company Overview:

88 Energy Limited engages in the exploration of oil and gas properties in the United States. The company holds a 59% working interest in the Icewine project, which covers an area of approximately 231,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, the company has a 50% working interest in Peregrine project covering an area of approximately 195,373 acres located in the NPR-A region of the North Slope of Alaska. 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.

88E Share Price Information

Shares Issued:

12.57B

Market Capitalisation:

$289.02M

Revenue (TTM):

$241.53K

Earnings per Share:

$-0.004

Operating Margin (TTM):

$-80.71

Return On Assets (TTM):

$-0.14

Return On Equity (TTM):

$-0.36

Quarterly Revenue Growth (YOY):

-0.963

Gross Profit(TTM):

$241.53K

Diluted Earnings Per Share (TTM):

$-0.003

88E CashFlow Statement

CashFlow Date:

2020-12-31

Investments:

$-9,337,115

Change To Liabilities:

$-700,177

Total Cashflow From Investing Activities:

$-9,337,115

Net Income:

$-22,033,633

Total Cash From Operating Activities:

$-5,116,907

Depreciation:

$11.48M

Other Cashflow From Investing Activities:

$32.18M

Change To Account Receivables:

$659.68K

Sale Purchase Of Stock:

$14.87M

Capital Expenditures:

$41.52M

88E Income Statement

Income Date:

2020-12-31

Income Before Tax:

$-22,033,633

Net Income:

$-22,033,633

Gross Profit:

$-93,387

Operating Income:

$-3,517,893

Other Operating Expenses:

$4.83M

Interest Expense:

$2.60M

Total Revenue:

$5.24K

Total Operating Expenses:

$3.52M

Cost Of Revenue:

$93.39K

88E Balance Sheet

Balance Sheet Date:

2020-12-31

Total Liabilities:

$26.45M

Total Stockholder Equity:

$58.91M

Other Current Liabilities:

$4.74M

Total Assets:

$85.36M

Common Stock:

$208.96M

Other Current Assets:

$5.08M

Retained Earnings:

$-166,633,135

Other Assets:

$16.66M

Cash:

$7.65M

Total Current Liabilities:

$5.67M

Property - Plant & Equipment:

$48.39M

Net Tangible Assets:

$58.91M

Total Current Assets:

$19.92M

Long-Term Debt:

$20.78M

Net Receivables:

$5.08M

Short-Term Investments:

$65.43M

Accounts Payable:

$590.40K

Non Currrent Assets (Other):

$41.11K

Short-Term Investments:

$65.43

Non Current Liabilities Total:

$20.78M

88E Share Price History

88E News