88 Energy Ltd (88E.L)
88 Energy Limited engages in the oil and gas exploration and production in the United States. The company's projects includes 75% working interest in the Phoenix project, which covers an area of approximately 62,324 net acres; 75% working interest in the Icewine West project covering an area of approximately 121,996 net acres; 100% working interest in Peregrine project, which covers an area of approximately 125,741 net acres; 100% working interest in the Leonis project covering an area of approximately 25,600 net acres; 100% working interest in the Umiat unit, which covers an area of approximately 17,633 net acres; and 100% working interest in the Yukon leases covering an area of approximately 15,235 net acres located in onshore, North Slope of Alaska, the United States. It also holds 73% working interest in the Longhorn project, which covers an area of approximately 964 net acres located in onshore, Permian Basin, Texas. 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.
Company Info
| ISIN | AU00000088E2 |
|---|---|
| Sector | Energy |
| Industry | Oil & Gas E&P |
Highlights
| Market Cap | £85.00M |
|---|---|
| Revenue (TTM) | £2.50K |
| Gross Profit (TTM) | £2.50K |
| EBITDA (TTM) | -£5.83M |
| Year Range | £0.26 - £0.85 |
| Target Price | £0.01 |
Share Price Chart
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Performance
The chart shows the growth of an initial investment of £10,000 in 88 Energy Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
88 Energy Ltd had a return of -36.36% year-to-date (YTD) and -26.32% in the last 12 months. Over the past 10 years, 88 Energy Ltd had an annualized return of -31.00%, while the S&P 500 had an annualized return of 11.24%, indicating that 88 Energy Ltd did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 7.69% | 1.93% |
| 6 months | -36.36% | 9.01% |
| Year-To-Date | -36.36% | 10.68% |
| 1 year | -26.32% | 8.34% |
| 5 years (annualized) | -20.36% | 7.59% |
| 10 years (annualized) | -31.00% | 11.24% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.70% | -28.57% | -15.00% | -0.00% | -11.76% | -1.31% | -12.19% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for 88 Energy Ltd (88E.L) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
88E.L 88 Energy Ltd | -0.40 | ||||
^GSPC S&P 500 | 0.81 |
Dividend History
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the 88 Energy Ltd. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the 88 Energy Ltd is 99.45%, recorded on Apr 23, 2020. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.45% | Apr 3, 2012 | 1940 | Apr 23, 2020 | — | — | — |
| -16.4% | Feb 9, 2012 | 8 | Feb 20, 2012 | 28 | Mar 30, 2012 | 36 |
| -0.03% | Feb 6, 2012 | 1 | Feb 6, 2012 | 1 | Feb 7, 2012 | 2 |
Volatility Chart
The current 88 Energy Ltd volatility is 34.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.