Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
88 Energy. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
88 Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as 88 Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare 88 Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare 88 Energy's earnings growth to the Germany market average as no estimate data is available.
Unable to compare 88 Energy's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if 88 Energy is high growth as no earnings estimate data is available.
Unable to determine if 88 Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
88 Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. David James Wall, also known as Dave, has been a Managing Director of 88 Energy Limited (formerly Tangiers Petroleum Limited) since April 15, 2014. Prior to this, from October 2012 to April 2014, Mr. Wall served as the Director of Energy Research at Argonaut Securities Pty Limited, Research Division. He headed the energy research team at the firm. Before that, he was a Senior Equity Analyst at Hartleys Research, catering to the energy sector. He also spent a number of years at Woodside as their Lead Analyst in their budgeting and strategic planning division. He has specialist knowledge of Africa focused junior explorers and understanding of the capital markets. Mr. Wall publishes institutionally rated research on a range of companies. Mr. Wall is rated as the number one oil and gas analyst in greater than 50% of the stocks he covers by Bloomberg. He has been a Director of 88 Energy Limited since April 14, 2014. He holds a Bachelor of Commerce from the University of Western Australia, majority in Management and Finance.
Dave's compensation has increased whilst company is loss making.
Dave's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the 88 Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
MD & Director
CFO & Joint Company Secretary
Senior Geologist & Exploration Manager
Joint Company Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the 88 Energy board of directors is about average.
Board of Directors
MD & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
88 Energy Limited engages in the exploration of oil and gas properties in the United States. The company holds a 64% working interest in the Icewine project, which covers an area of approximately 486,000 acres located in North Slope of Alaska, the United States. It also holds a 100% working interest in the Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. In addition, it holds rights to 36% working interest in Western Blocks project, which covers an area of approximately 22,711 acres located in Alaska. 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 West Perth, Australia.
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