88 Energy Limited (EEEND) Stock

About 88 Energy Limited

88 Energy Limited is an oil and gas exploration firm concentrating its efforts on assets located within the United States. The company's primary holdings include several significant projects on Alaska's North Slope: A 75% ownership stake in the Icewine project, which encompasses approximately 193,000 acres. A full 100% working interest in the Yukon project, spanning roughly 38,681 acres in the Central North Slope area. A 50% working interest in the Peregrine project, an area covering about 195,373 acres situated within the NPR-A region. And a 100% working interest in the Umiat Oil Field project, comprising around 17,633 acres positioned immediately to the south of the Peregrine project. Originally founded in 1996, the company was known as Tangiers Petroleum Limited before it adopted the name 88 Energy Limited in February 2015. Its corporate headquarters are located in Subiaco, Australia.

88 Energy Limited is headquartered in AU.

88 Energy Limited (EEEND) stock trades at $0.02 with a market capitalization of $19.86M. The stock is valued at a price-to-earnings (P/E) ratio of -0.42, price-to-book of 0.25, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.01 and $0.05, and currently trades 60.0% below its 52-week high.

On profitability, 88 Energy Limited generates a return on equity (ROE) of -50.55%, return on capital employed of -5.21%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: www.88energy.com