SmallCaps
ASX:88EEnergyOil & Gas Exploration & Production

88 Energy Ltd

$0.019
Day Range
$0.019 – $0.020
52 Week Range
$0.019 – $0.045
Volume
742.18K
Avg Volume (10D)
3.03M
Market Cap
$25.29M

Price Chart

OHLC · volume · moving averages

$0.019-$0.004 (-17.39%)over 6M
Hi$0.045Lo$0.019
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today's trading range

Open
$0.020
Previous Close
$0.019
Day High
$0.020
Day Low
$0.019
52 Week High
$0.045
52 Week Low
$0.019

Valuation

Fundamental multiples

Market Cap
25.29M
Shares Outstanding
1.33B
Price to Book
0.26

Trading Activity

Volume & order book

Volume
742.18K
Value Traded
14.26K
Bid
$0.019 × 4,150,740
Ask
$0.020 × 1,874,335

Performance

Returns across timeframes

1 Day
0.00%
5 Day
-9.09%
13 Week
-45.95%
52 Week
-13.04%
YTD
-9.09%

Technical Indicators

Momentum & moving averages

RSI (14)
32.19
50-Day SMA
$0.023
200-Day SMA
$0.023

— From the desk

Latest News

88 Energy boosts resources by more than 50% at its Project Phoenix in Alaska
Energy

88 Energy boosts resources by more than 50% at its Project Phoenix in Alaska

A new study has significantly increased the estimated contingent resources for 88 Energy’s (ASX: 88E) Project Phoenix in Alaska. In what is a potential game-changer for the project, the resource estimates for the SMD-B and SFS reservoirs have increased by more than 50%. Independently verified by auditor ERCE Australia, the reservoirs are now estimated to […]

88 Energy declares XCD takeover unconditional as it reaches 60% stake
Energy

88 Energy declares XCD takeover unconditional as it reaches 60% stake

88 Energy (ASX: 88E) is on track to create a more powerful Alaska oil and gas player as it declares its takeover offer for XCD Energy (ASX: XCD) unconditional. The company now holds 59.27% of XCD Energy’s shares and 28.53% of the listed options. The takeover offer is currently scheduled to close a week from […]

XCD directors recommend accepting 88 Energy takeover offer
Energy

XCD directors recommend accepting 88 Energy takeover offer

The directors of Alaska-focused XCD Energy (ASX: XCD) have recommended shareholders accept the off-market takeover bid from fellow oil and gas player 88 Energy (ASX: 88E). 88 Energy has offered 2.4 new 88 Energy shares for every XCD share held and 0.7 new 88 Energy shares for every XCD listed option – a deal that […]

Harpoon discovery lessens risks and royalties for XCD’s Alaska projects ahead of merger with 88 Energy
Energy

Harpoon discovery lessens risks and royalties for XCD’s Alaska projects ahead of merger with 88 Energy

XCD Energy (ASX: XCD) has used a nearby discovery to its Alaskan projects to renegotiate a lower royalty payment to the original owners of its project ground as it awaits a merger with fellow Alaskan player 88 Energy (ASX: 88E). The company said the discovery by ConocoPhillips during the recent winter drilling season at the […]