ASX Share rice
Fri 07 Aug 2020 - 11:24: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:

5 Ord Street West Perth WA Australia 6005

Phone:

61 8 9485 0990

MD & Director:

Mr. David James Wall

CFO & Joint Company Sec.:

Mr. Ashley Gilbert

Sr. Geologist & Exploration Mang.:

Ms. Elizabeth Pattillo

Joint 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 64% working interest in the Icewine project, which covers an area of approximately 486,000 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, it holds rights to 36% working interest in Western Blocks project, which covers an area of approximately 22,711 acres located in 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 West Perth, Australia.

88E Share Price Information

Shares Issued:

8.76B

Market Capitalisation:

$43.81M

Revenue (TTM):

$35.93K

Earnings per Share:

$-0.004

Operating Margin (TTM):

$-936.91

Return On Assets (TTM):

$-0.19

Return On Equity (TTM):

$-0.46

Quarterly Revenue Growth (YOY):

2.723

Diluted Earnings Per Share (TTM):

$-0.006

88E CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$-5,864,993

Change To Liabilities:

$35.35K

Total Cashflow From Investing Activities:

$-5,864,993

Net Income:

$-36,780,457

Total Cash From Operating Activities:

$-5,838,376

Depreciation:

$29.53M

Other Cashflow From Investing Activities:

$23.86M

Change To Account Receivables:

$-76,499

Capital Expenditures:

$5.86M

88E Income Statement

Income Date:

2019-12-31

Income Before Tax:

$-36,780,457

Net Income:

$-36,780,457

Gross Profit:

$35.93K

Operating Income:

$-3,386,893

Other Operating Expenses:

$803.88K

Interest Expense:

$3.10M

Total Revenue:

$35.93K

Total Operating Expenses:

$3.39M

88E Balance Sheet

Balance Sheet Date:

2019-12-31

Total Liabilities:

$28.98M

Total Stockholder Equity:

$64.60M

Other Current Liabilities:

$5M

Total Assets:

$93.58M

Common Stock:

$185.62M

Other Current Assets:

$1.07M

Retained Earnings:

$-144,599,502

Other Assets:

$23.11M

Cash:

$5.20M

Total Current Liabilities:

$6.31M

Property - Plant & Equipment:

$53.02M

Net Tangible Assets:

$64.60M

Long-Term Investments:

$428.21K

Total Current Assets:

$17.02M

Long-Term Debt:

$22.67M

Net Receivables:

$1.12M

Short-Term Investments:

$76.56M

Accounts Payable:

$1.03M

Non Currrent Assets (Other):

$76.45K

Short-Term Investments:

$76.56

Non Current Liabilities Total:

$22.67M

88E Share Price History

88E News

09 Feb, 2020
Dave Wall has been the CEO of 88 Energy Limited (ASX:88E) since 2014. This report will, first, examine the CEO...
12 Nov, 2019
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...