Shoal Point Energy (SHP) AI Stock Analysis

• Market Cap: C$1.74M
• Dividend Yield: N/A
• Average Volume (3M): 24.34K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.67
• Revenue Growth: -76.55%
• EPS Growth: 58.66%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 43
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 31,627,663
• 10 Day Avg. Volume: 40,351
• 30 Day Avg. Volume: 24,341
• PEG Ratio: -0.19
• Price to Book (P/B): -2.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 24 Underperform
• Price Target: ―

Shoal Point Energy's overall stock score reflects significant financial and technical challenges. The company's negative profitability and high leverage are key risks, compounded by weak technical indicators indicating bearish momentum. Valuation metrics also suggest market pessimism about future prospects. Strategic changes are necessary for improvement.

Shoal Point Energy Business Overview & Revenue Model

Company Description

Shoal Point Energy Ltd., a petroleum exploration and development company, engages in the acquisition, exploration, and development of oil and natural gas properties in Canada. It holds interest in the Humber Arm shale play covering an area of approximately 220,000 acres located in the west coast of Newfoundland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Shoal 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.

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.

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.

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

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SHP, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 41.48 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SHP.

Shoal Point Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$7.16B	3.10	-4.49%	5.66%	0.82%	-49.15%
CBV	51 Neutral	C$2.07M	18.24	-3.93%	―	-1.89%	-300.00%
WCE	49 Neutral	C$1.56M	―	-28.96%	―	27.40%	-259.09%
OIL	37 Underperform	C$1.76M	―	-135.09%	―	29.59%	-80.60%
PNN	27 Underperform	C$1.64M	―	597.18%	―	―	-118.12%
SHP	24 Underperform	C$1.74M	―	94.60%	―	-76.55%	58.66%
JEC		C$1.73M	―	-79.57%	―	―	―

Shoal Point Energy Corporate Events

Shoal Point Energy Grants Stock Options Amid Legal Battle

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.