Is the 88 energy (88E) share price set to climb?

The 88 Energy ( LSE: 88E) share price has fallen 67% over the past 12 months. That was mostly as a result of a disappointing well test in March, which saw the stock plummet 65% in a single day.

Does 88E stock change in a week?

88E stock hasn't changed in a week, the month change is a 25.00 % fall, over the last year 88 ENERGY LIMITED has showed a 62.01 % decrease. What is 88E stock forecast? We've gathered analysts' opinions on 88 ENERGY LIMITED future price: according to them, 88E price has a max estimate of 0.02 AUD and a min estimate of 0.02 AUD.

What happened to 88 Energy’s share price?

Project Peregrine is an oil field in Alaska. The purchase cost 88 Energy $18 million, which it can pay in shares. While the news seemed positive, it drove the 88 Energy share price to close 9% lower. Then, on 21 June, 88 Energy announced it was about to pay off its US$16.1 million of outstanding debt.