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Octagon 88 Resources

OCTX
Oil & Gas Exploration & Production · Energy
Price
$0.00
-0.00 (-25.00%)
Market Cap
$8,080
Winston Score
Winston looking sleepy
No score yet — Winston is napping.
We couldn’t gather enough financial data to score this stock reliably.

Share count falling — buybacks

30.9% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 38.6M (2010) → 26.7M (2014)

Octagon 88 Resources is a small oil and gas exploration company based in Canada. It searches for and tries to produce crude oil and natural gas, primarily from properties in Alberta. The company targets conventional energy resources and sells any production to energy buyers and refiners in the Canadian market.

Octagon 88 makes money by selling oil and natural gas it pulls from the ground, but at this stage the company produces very little revenue and operates at a loss. It is a micro-cap company with essentially no meaningful market value, and it lacks the scale, reserves, or financial strength of larger exploration peers. The biggest risk the company faces is funding its operations — with negative returns on capital and near-zero gross margins, it depends heavily on outside financing to survive, and it has not yet demonstrated a clear path to consistent, profitable production.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

-43.8% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

Research and development spending

Insider Activity

68.2%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~3 months

$250,360 cash & investments

Short runway — potential dilution ahead through share issuance

Cash watch

Octagon 88 Resources has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Gross Margin
N/A
Data not available
Operating Margin
N/A
Data not available
ROCE
-3.6%
Weak — -3.6% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY
N/A
Data not available
EPS YoY
N/A
Data not available
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
N/A
Data not available

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Stability

Debt / Equity
N/A
Data not available
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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