88E Shares 88 Energy Limited
ASX · ASXLast in our picks 2026-10-16 — not in the current list; analysis below is from that screen
Alaska exploration provides asymmetric upside from drilling success, though risk remains very high.
Signal breakdown
- ▸Upcoming exploration catalysts drive speculative momentum.
- ▸Above 50-day MA (+6.65%)
- ▾Near 52-week low (14.3% of range)
Is 88E a buy right now?
Trend: 88E is trading above the 50-day average (+0.00%), RSI 57 — neutral momentum, with a 3-month return of +0.00%.
Valuation & quality: 88 Energy Limited trades on forward P/E -6.7, price-to-book 0.30; fundamentals show net margin 0.0%, return on equity -32.5%.
Analyst consensus: 1 analysts have a mean 12-month price target of A$0.12 (+495% vs the last close; range A$0.12 – A$0.12), consensus rating “none”.
Our screen: ACCUMULATE (score 1) — Alaska exploration provides asymmetric upside from drilling success, though risk remains very high.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +50.00% | -33.30% | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
Fundamentals
Analyst price target
Technical signals
About 88 Energy Limited
88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia.
Sector: Energy · Industry: Oil & Gas E&P · Australia · Website
Related Energy picks
Browse: all ASX stocks · Energy picks · today's movers
Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.