88 Energy Limited (EEENF) Stock

About 88 Energy Limited

88 Energy Limited is an energy company primarily engaged in the exploration of oil and natural gas deposits across various properties in the United States, predominantly within Alaska's North Slope region. Its portfolio of assets includes a 75% operational stake in the Icewine project, which encompasses an area of roughly 193,000 acres. The company also holds full ownership (100% working interest) in the Yukon project, covering approximately 38,681 acres in the Central North Slope of Alaska. Furthermore, it maintains a 50% interest in the Peregrine project, spanning an extensive 195,373 acres within the National Petroleum Reserve-Alaska (NPR-A) section of the North Slope. Completing its Alaskan holdings, 88 Energy possesses a 100% working interest in the Umiat Oil Field project, an area of about 17,633 acres situated directly south of the Peregrine project. Founded in 1996, the company initially operated under the name Tangiers Petroleum Limited before officially rebranding as 88 Energy Limited in February 2015. The firm's main office is located in Subiaco, Australia.

88 Energy Limited is headquartered in AU.

88 Energy Limited (EEENF) stock trades at $0.02 with a market capitalization of $20.34M. 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 $0.03, and currently trades 33.3% 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