CNSX:SHP

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Shoal Point Energy

Executive Summary

Shoal Point Energy Ltd., an exploration stage company, acquires, explores for, and develops oil and natural gas properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Shoal Point Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SHP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SHP

1.1%

CA Oil and Gas

1.4%

CA Market


1 Year Return

42.9%

SHP

-26.9%

CA Oil and Gas

-11.3%

CA Market

Return vs Industry: SHP exceeded the Canadian Oil and Gas industry which returned -27.5% over the past year.

Return vs Market: SHP exceeded the Canadian Market which returned -11.4% over the past year.


Shareholder returns

SHPIndustryMarket
7 Day0%1.1%1.4%
30 Day25.0%5.1%4.2%
90 Day-54.5%-20.6%-9.4%
1 Year42.9%42.9%-23.1%-26.9%-8.3%-11.3%
3 Year900.0%900.0%-28.0%-36.5%0.04%-9.2%
5 Yearn/a-30.5%-40.8%16.7%-0.01%

Price Volatility Vs. Market

How volatile is Shoal Point Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shoal Point Energy undervalued compared to its fair value and its price relative to the market?

1.68x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SHP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SHP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SHP is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: SHP is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SHP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SHP is overvalued based on its PB Ratio (2.2x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Shoal Point Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

49.7%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shoal Point Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Shoal Point Energy performed over the past 5 years?

40.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHP is currently unprofitable.

Growing Profit Margin: SHP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SHP is unprofitable, but has reduced losses over the past 5 years at a rate of 40.2% per year.

Accelerating Growth: Unable to compare SHP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SHP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-18.2%).


Return on Equity

High ROE: SHP has a negative Return on Equity (-24.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shoal Point Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SHP's short term assets (CA$566.7K) exceed its short term liabilities (CA$110.6K).

Long Term Liabilities: SHP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SHP is debt free.

Reducing Debt: SHP had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SHP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SHP has less than a year of cash runway if free cash flow continues to grow at historical rates of 38.4% each year.


Next Steps

Dividend

What is Shoal Point Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SHP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SHP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SHP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SHP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SHP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Mark Jarvis (64yo)

7yrs

Tenure

CA$80,578

Compensation

Mr. Mark Jarvis has been the Chief Executive Officer and President of Shoal Point Energy Ltd. since June 28, 2013. He serves as Chief Executive Officer at Giga Metals Corporation since January 9, 2004. Mr. ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD58.37K) is below average for companies of similar size in the Canadian market ($USD164.10K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Mark Jarvis
Chairman7yrsCA$80.58k3.52% CA$198.3k
Natasha Tsai
Chief Financial Officer2.17yrsCA$22.27kno data
Leslie Young
Corporate Secretary7yrsCA$43.36kno data
Erick Bertsch
Director of Communications1.67yrsno datano data
David Black
Investor Relations Consultantno datano datano data

4.6yrs

Average Tenure

Experienced Management: SHP's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Jarvis
Chairman7yrsCA$80.58k3.52% CA$198.3k
Michael Cytrynbaum
Member of Advisory Board6.17yrsno datano data
Brian Usher-Jones
Independent Director6.5yrsCA$24.33k0.29% CA$16.5k
Nico Civelli
Member of Advisory Board6.17yrsno datano data
Eric Schneider
Independent Director7yrsCA$24.33k0.18% CA$10.3k
Henry Aldorf
Member of Advisory Board6.17yrsno datano data
Clive Stockdale
Member of Advisory Board6.17yrsno datano data
Douglas Varley
Member of Advisory Board6.17yrsno datano data

6.2yrs

Average Tenure

69.5yo

Average Age

Experienced Board: SHP's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.6%.


Top Shareholders

Company Information

Shoal Point Energy Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shoal Point Energy Ltd.
  • Ticker: SHP
  • Exchange: CNSX
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$4.134m
  • Listing Market Cap: US$5.633m
  • Shares outstanding: 59.06m
  • Website: https://www.shoalpointenergy.com

Location

  • Shoal Point Energy Ltd.
  • 700 West Pender Street
  • Suite 203
  • Vancouver
  • British Columbia
  • V6C 1G8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHPN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2011
S5O1DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2011
SHPCNSX (Canadian National Stock Exchange)YesCommon SharesCACADApr 2011

Biography

Shoal Point Energy Ltd., an exploration stage company, acquires, explores for, and develops 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; and Mount Evans project in Kansas. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 05:36
End of Day Share Price2020/06/01 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.