88 Energy Ltd (ASX: 88E) Share Price and News
Price
$0.026
Movement
0.002 (+8.33%)
as at 30 May - Closed (20 mins delayed)
52 Week Range
$0.02 - $0.075
1 Year Return
-65.33%
88 Energy Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$30.09 million
P/E Ratio
N/A
Dividend Yield
0.00%
Shares Outstanding
1.16 billion
Earnings per share
-0.028
Dividend per share
N/A
Year To Date Return
-52.00%
Earnings Yield
N/A
Franking
-
Share Price
$0.026
Day Change
0.002 (+8.33%)
52 Week Range
$0.02 - $0.075
Yesterday's Close
$0.024
Today's Open
$0.024
Days Range
$0.023 - $0.026
Volume
1,413,337
Avg. Volume (1 month)
1,140,567
Turnover
$35,109
as at 30 May - Closed
88 Energy Ltd (ASX: 88E)
Latest News
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Frequently Asked Questions
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No, 88 Energy does not pay dividends at this time.
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88 Energy Ltd listed on the ASX on 20 January 2000.
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Yes, 88 Energy Ltd is listed on the ASX (ASX: 88E), the AIM in London (AIM: 88E), and OTC market in the US (OTC: EEENF).
88E ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|
About 88 Energy Ltd
88 Energy Ltd (ASX: 88E) is a multi-listed upstream oil and gas explorer and producer, focused on North America. The company has oil and gas assets in onshore Alaska and non-production operations in onshore Texas, USA.
88 Energy has operated on the North Slope of Alaska since 2015, drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position. Its Phoenix and Icewine West positions hold a significant potential resource, the company says. 88 Energy's Texan interests support its Alaskan exploration and technical studies costs.
88 Energy no longer has any projects in Australia. It is listed on the ASX and its shares also trade on the AIM (Alternative Investment Market), a sub-market of the London Stock Exchange, and OTC markets in the US.
88E Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 30 May 2025 | $0.03 | $0.00 | 0.00% | 1,413,337 | $0.02 | $0.03 | $0.02 |
| 29 May 2025 | $0.02 | $0.00 | 0.00% | 678,209 | $0.02 | $0.02 | $0.02 |
| 28 May 2025 | $0.02 | $0.00 | 0.00% | 208,911 | $0.02 | $0.02 | $0.02 |
| 27 May 2025 | $0.02 | $0.00 | 0.00% | 1,736,929 | $0.02 | $0.03 | $0.02 |
| 26 May 2025 | $0.02 | $0.00 | 0.00% | 502,466 | $0.02 | $0.02 | $0.02 |
| 23 May 2025 | $0.02 | $0.00 | 0.00% | 2,122,681 | $0.03 | $0.03 | $0.02 |
| 22 May 2025 | $0.03 | $0.00 | 0.00% | 1,004,364 | $0.02 | $0.03 | $0.02 |
| 21 May 2025 | $0.03 | $0.00 | 0.00% | 4,457,688 | $0.02 | $0.03 | $0.02 |
| 20 May 2025 | $0.02 | $0.00 | 0.00% | 1,057,119 | $0.02 | $0.02 | $0.02 |
| 19 May 2025 | $0.02 | $0.00 | 0.00% | 1,899,551 | $0.02 | $0.02 | $0.02 |
| 07 May 2025 | $0.03 | $-0.03 | -60.00% | 67,025,322 | $0.03 | $0.03 | $0.03 |
| 06 May 2025 | $0.05 | $0.03 | 120.00% | 4,031,004 | $0.03 | $0.05 | $0.03 |
| 05 May 2025 | $0.03 | $-0.01 | -26.67% | 4,682,292 | $0.03 | $0.05 | $0.03 |
| 02 May 2025 | $0.04 | $0.01 | 40.00% | 3,717,973 | $0.05 | $0.05 | $0.03 |
| 01 May 2025 | $0.03 | $-0.01 | -26.67% | 4,581,699 | $0.05 | $0.05 | $0.03 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 11 Nov 2024 | Philip Byrne | Expiry | 3,333,334 | $6,666 |
As advised by the company. Lapsed
|
| 11 Nov 2024 | Stephen Staley | Expiry | 3,333,334 | $6,666 |
As advised by the company. Lapsed
|
| 11 Nov 2024 | Joanne Kendrick (nee Williams) | Expiry | 3,333,334 | $6,666 |
As advised by the company. Lapsed
|
| 11 Nov 2024 | Ashley Gilbert | Expiry | 3,333,334 | $6,666 |
As advised by the company. Lapsed, 71,625,000 Rights, As per announcement on 11-11-2024
|
| 31 Jul 2024 | Ashley Gilbert | Issued | 41,140,000 | $82,280 |
Conversion of securities.
|
| 31 Jul 2024 | Ashley Gilbert | Exercise | 41,140,000 | $82,280 |
Conversion of securities. 74,958,333 Rights
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Philip Ambrose Byrne | Non-Executive ChairmanNon-Executive Director | Aug 2021 |
Mr Byrne has over 40 years' experience in the international oil and gas industry across technical, exploration, commercial and executive leadership roles. Previous positions he has held include Executive Vice President Marketing & Trading and Commercial, for Santos Energy, Managing Director and CEO of Nido Petroleum, President of the North-West Shelf Australia LNG organisation (the JV marketing arm of the NW Shelf LNG Project) and roles with BHP Petroleum including General Manager (Pakistan), President Gas Marketing (Asia/Australia) and General Manager (Australia). Directorships held in other listed entities during the three years prior to the current year include GLX Digital Limited (current).
|
| Dr Stephen Staley | Non-Executive Director | Apr 2014 |
Dr Staley has more than 40 years of management, technical and commercial experience in the international oil, gas and power sectors. He co-founded and brought to the AIM market Fastnet Oil & Gas plc (where he was the founding CEO) and Independent Resources plc (where he was the founding Managing Director). He also co-founded and brought Upland Resources Ltd to the Standard List of the LSE Main Market, where he was founding CEO. Dr Staley was also both a technical consultant to, and Non-Executive Director of, Cove Energy plc - the East Africa focused explorer. Dr Staley is owner and founder of Derwent Resources Limited, an upstream consultancy advising on oil and gas and carbon sequestration opportunities. Prior to this he has worked for Cinergy Corp., Conoco, and BP. Directorships held in other listed entities during the three years prior to the current year include Nostra Terra Oil & Gas Company PLC (current), Predator Oil & Gas Holdings PLC (until March 2022).
|
| Ms Joanne Louise Kendrick (nee Williams) | Non-Executive Director | Aug 2021 |
Ms Williams has over 25 years' experience in the global oil and gas sector. Ms Williams has previously held technical and leadership positions with international oil and gas companies including Woodside Petroleum, Newfield Explorations, Gulf Canada and Clyde Petroleum. She delivered shareholder value as Deputy Managing Director and Managing Director for Nido Petroleum and Blue Star Helium respectively. Directorships held in other listed entities during the three years prior to the current year include Jadestone Energy plc (current), Buru Energy Limited (current), Sacgasco Limited (until April 2022), Blue Star Helium Limited (until May 2021).
|
| Mr Ashley Gilbert | Managing Director | Aug 2019 |
Mr Gilbert has more than 20 years' experience in commerce and public practice. Prior to 88 Energy Mr Gilbert was CFO of Neptune Marine Services Ltd, a provider of integrated oil field services, and also CFO of Nido Petroleum Ltd for just under 10 years. He has also held finance positions within Woodside Petroleum Limited, GlaxoSmithKline plc. in London and public practice in taxation, auditing, business development, financial management and governance roles.
|
| Ms Sarah Jayne Smith | Company Secretary | May 2021 |
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| Oliver Mortensen | Chief Financial Officer |
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|
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| Sarah Jayne Smith | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Computershare Clearing Pty Ltd <Ccnl Di A/C> | 6,707,565,315 | 23.18% |
| Citicorp Nominees Pty Limited | 4,340,485,784 | 15.00% |
| HSBC Custody Nominees | 1,505,946,995 | 5.20% |
| BNP Paribas Nominees Pty Ltd Acf Clearstream | 1,242,338,245 | 4.29% |
| Mr Dakin Luke Thexton | 300,000,000 | 1.04% |
| J P Morgan Nominees Australia Pty Limited | 215,735,475 | 0.75% |
| HSBC Custody Nominees <Australia> Limited | 160,684,966 | 0.56% |
| Mr Peter Fidantsis and Mrs Popi Fidantsis <Fidantsis Superannuation A/C> | 149,000,000 | 0.51% |
| BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> | 142,245,145 | 0.49% |
| Lonestar I Llc | 133,000,000 | 0.46% |
| Mr Leo Thomas Love and Mrs Terri Maree Love <Love Super Fund A/C> | 131,124,559 | 0.45% |
| Finclear Services Pty Ltd <Superhero Securities A/C> | 111,588,786 | 0.39% |
| BNP Paribas Noms Pty Ltd | 102,483,290 | 0.35% |
| Cityscape Asset Pty Ltd <Cityscape Family A/C> | 75,000,000 | 0.26% |
| Mr Shaoliang Ni | 70,690,879 | 0.24% |
| Mr Van Chuong Tran | 70,000,000 | 0.24% |
| Mr David Xing | 67,789,682 | 0.23% |
| Dragon Super Pty Ltd <Dragon Super A/C> | 66,850,000 | 0.23% |
| Troca Enterprises Pty Ltd <Coulson Super A/C> | 66,666,667 | 0.23% |
| Ten Bricks Pty Ltd | 58,050,000 | 0.20% |