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Shoal Point Energy (TSE:SHP)
:SHP
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Shoal Point Energy
(SHP)
24Underperform
Shoal Point Energy (SHP) vs. S&P 500 (SPY)
Market Cap
C$1.11M
Dividend YieldN/A
Average Volume (3M)6.64K
Price to Earnings (P/E)―
Beta (1Y)-0.21
Revenue Growth-76.55%
EPS Growth58.66%
CountryCA
EmployeesN/A
SectorEnergy
Sector Strength72
IndustryFossil Fuels
Share Statistics
EPS (TTM)-0.02
Shares Outstanding31,627,663
10 Day Avg. Volume3,149
30 Day Avg. Volume6,638
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)65.00
Price to Cash Flow (P/CF)-12.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Shoal Point Energy Business Overview & Revenue Model
Company DescriptionShoal Point Energy Ltd (SHP) is a Canada-based oil and gas exploration company focused on the acquisition, exploration, and development of oil and gas properties. The company's primary asset is located in the Green Point Shale in Western Newfoundland, which represents a significant unconventional oil prospect. Shoal Point Energy aims to leverage its technical expertise and strategic partnerships to unlock the potential of these underexplored resources.
How the Company Makes MoneyShoal Point Energy makes money through the exploration and potential extraction of oil and gas resources from its properties. The company generates revenue primarily by selling extracted hydrocarbons, such as crude oil and natural gas, to refineries and other buyers in the energy market. Its earnings are influenced by the successful development of its exploration projects, the fluctuating prices of oil and gas, and its ability to manage operational costs. Additionally, Shoal Point Energy may engage in strategic partnerships or joint ventures to share the financial and technical burdens of exploration and development, which can provide additional revenue streams through shared profits or royalties from successful projects.
Shoal Point Energy Financial Statement Overview
Summary
Shoal Point Energy is facing significant financial challenges with negative profitability, high leverage, and poor cash flow management. The company shows a trend of declining revenue and increasing losses, coupled with a weak balance sheet. These factors highlight potential risks and indicate the need for strategic changes to improve financial health.Income Statement
Shoal Point Energy has experienced a negative revenue growth rate and persistent net losses, indicating significant operational challenges. The gross profit margin and net profit margin are both negative, reflecting unprofitable operations. The EBIT and EBITDA margins are also negative, further illustrating the company's struggle to generate profitability.15
Very Negative
Balance Sheet
The company is highly leveraged with a negative stockholders' equity, indicating financial instability and risk. The debt-to-equity ratio cannot be calculated due to negative equity, and return on equity is negative due to sustained losses. The equity ratio is also negative, highlighting the company's inability to cover its liabilities.20
Very Negative
Cash Flow
Shoal Point Energy's cash flow analysis shows negative free cash flow, indicating challenges in covering capital expenditures and operating needs. The operating cash flow to net income ratio is negative, reflecting poor conversion of income to cash. The company is reliant on financing activities to support its cash flow.25
Negative
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 24.10K | 30.65K | 48.61K | 0.00 | 0.00 | 0.00 | Gross Profit |
| -62.31K | -298.11K | 40.83K | -1.34K | -1.52K | -1.97K | EBIT |
| -548.91K | -581.94K | -912.11K | -2.01M | -326.75K | 1.32M | EBITDA |
| -558.41K | -591.34K | -534.52K | -2.00M | -309.21K | -3.04M | Net Income Common Stockholders |
| -565.68K | -599.51K | -911.69K | -2.00M | -334.19K | -5.22M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 28.20K | 28.20K | 16.24K | 46.60K | 104.11K | 352.89K | Total Assets |
| 149.64K | 149.64K | 130.13K | 132.83K | 1.37M | 1.47M | Total Debt |
| 65.00K | 65.00K | 30.00K | 30.00K | 40.00K | 0.00 | Net Debt |
| 47.98K | 47.98K | 13.76K | -16.60K | -64.11K | -352.89K | Total Liabilities |
| 783.38K | 783.38K | 503.35K | 242.79K | 152.22K | 373.32K | Stockholders Equity |
| -633.75K | -633.75K | -373.23K | -109.96K | 1.22M | 1.10M |
| Cash Flow | Free Cash Flow | ||||
| -338.28K | -323.06K | -564.28K | -553.02K | -772.09K | -1.42M | Operating Cash Flow |
| -337.73K | -322.51K | -291.18K | -246.26K | -305.84K | -611.41K | Investing Cash Flow |
| -550.00 | -550.00 | -273.10K | -306.75K | -466.25K | -805.17K | Financing Cash Flow |
| 302.90K | 337.40K | 529.58K | 498.43K | 532.44K | 1.24M |
Shoal Point Energy Technical Analysis
Positive
0.04
Price Trends
0.04
Positive
0.04
Positive
0.04
Positive
Market Momentum
>-0.01
Negative
57.89
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SHP, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.89 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SHP.
Shoal Point Energy Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$168.00M | 5.73 | 43.25% | 5.78% | 21.23% | 30.41% | |
73 Outperform | $2.48B | 5.74 | 28.01% | ― | 13.46% | ― | |
72 Outperform | $5.87B | 12.09 | 11.22% | 0.92% | -8.92% | -5.46% | |
68 Neutral | $2.27B | 9.95 | 5.99% | 3.26% | 22.71% | ― | |
68 Neutral | C$124.20M | 4.06 | 6.70% | 7.46% | 14.77% | -96.89% | |
57 Neutral | $8.36B | 5.47 | -5.51% | 7.41% | 0.15% | -68.69% | |
24 Underperform | C$1.11M | ― | 94.60% | ― | -76.55% | 58.66% |
* Energy Sector Average
Performance Comparison
TSE:SHP
Shoal Point Energy
0.04
0.00
0.00%
TSE:BTE
Baytex Energy
3.08
-1.31
-29.92%
TSE:MEG
MEG Energy
23.72
-6.38
-21.19%
TSE:CNE
Canacol Energy
3.69
-1.93
-34.34%
TSE:ATH
Athabasca Oil
4.99
-0.27
-5.13%
TSE:HME
Hemisphere Energy
1.80
0.35
24.14%
Shoal Point Energy Corporate Events
Shoal Point Energy Grants Stock Options Amid Legal Battle
Nov 14, 2024
Shoal Point Energy Ltd. is granting 780,000 stock options to its team, aiming to incentivize employees, directors, and consultants. The company is also involved in a significant legal battle with the Government of Newfoundland and Labrador, seeking substantial compensation for alleged expropriation of exploration lands.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.