GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
O

Octagon 88 Resources OCTX · USD

Energy · US listing · 🇺🇸 United States

Compare

0.00

—

Close of 30 Oct 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Octagon 88 Resources

Its shares trade under the ticker OCTX. It has been listed since 28 August 2009.

Octagon 88 Resources, Inc. operates as a holding company. The company is headquartered in Steinhausen, Zug. The company went IPO on 2009-08-28. The firm has interest in CEC North Star Energy Ltd. (North Star), a company with oil and gas operations. North Star has oil sands opportunities with Bluesky-Gething channels over the majority of the leases and conventional heavy oil opportunities on Erosional Edge of Elkton/Debolt formations, among others. The firm owns conventional heavy oil assets in Northern Alberta. The firm has not generated any revenues. The firm is seeking additional exploration properties in the resource sector for development. The firm focuses on mergers and acquisitions opportunities. The firm intends to operate oil and gas assets in the United States and Canada. The firm's subsidiary is Octagon 88 Resources (Schweiz) AG.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
28 Aug 2009

Leadership

Pay as last reported

  • Mr. Richard EbnerChief Financial Officer, Director, since 2013
  • Mr. Guido HilekesPresident, Chief Executive Officer, Director, since 2013$1.4m
  • Mr. Feliciano TigheSecretary, Director, since 2012$2.4m
  • Dr. Peter BeckDirector

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established Market Presence: Octagon 88 Resources Inc has built a strong presence in the industry, allowing them to leverage their reputation and relationships for future growth.
  • Diverse Portfolio: The company has a diverse portfolio of assets, including various oil and gas exploration and production projects, offering the potential for multiple revenue streams.
  • Experienced Management Team: Octagon 88 Resources Inc is led by a team with extensive knowledge and experience in the energy sector, enabling them to make informed decisions and navigate market challenges effectively.

Weaknesses

  • Dependence on Oil and Gas Industry: As a company primarily operating in the oil and gas sector, Octagon 88 Resources Inc is vulnerable to fluctuations in commodity prices and regulatory changes, which can impact their profitability.
  • Limited Financial Resources: Octagon 88 Resources Inc may face financial constraints that limit their ability to undertake large-scale projects or adequately respond to market dynamics, hindering their growth potential.
  • Geographic Concentration: The company's operations are primarily concentrated in specific regions, making them susceptible to region-specific risks such as political instability or natural disasters.

Opportunities

  • Global Energy Demand: The increasing global energy demand presents opportunities for Octagon 88 Resources Inc to expand their operations and capitalize on the growing market.
  • Renewable Energy Transition: The shift towards renewable energy sources creates opportunities for Octagon 88 Resources Inc to diversify their energy portfolio and explore new avenues for sustainable growth.
  • Strategic Partnerships: Collaborating with established industry players or forming strategic partnerships can provide Octagon 88 Resources Inc access to new markets, technologies, and resources, enhancing their competitive position.

Threats

  • Volatile Commodity Prices: Fluctuations in oil and gas prices can impact Octagon 88 Resources Inc's profitability and operational capabilities, making it essential to manage price risks effectively.
  • Regulatory Changes: Evolving regulations related to the energy sector, including environmental policies and permits, can pose challenges for Octagon 88 Resources Inc's operations, requiring them to adapt and comply with new requirements.
  • Competition: Octagon 88 Resources Inc operates in a highly competitive market, facing competition from both established industry players and emerging new entrants. This can exert pressure on margins and market share.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.