Shoal Point Energy Ltd. Stock Update

Shoal Point Energy Ltd., an exploration-stage company in the energy sector, has recently seen its stock price close at 0.06 CAD on May 29, 2025. The company, which specializes in acquiring, exploring, and developing oil and natural gas properties in Canada, is listed on the Canadian National Stock Exchange.

The company’s primary asset is its interest in the Humber Arm shale play, covering approximately 220,000 acres off the west coast of Newfoundland. This strategic location positions Shoal Point Energy Ltd. to potentially capitalize on the rich oil and natural gas resources in the region.

Despite its promising asset base, the company’s financial metrics reflect some challenges. The price-to-earnings ratio stands at -3.64, indicating that the company is not currently profitable. This is further underscored by its market capitalization of 1.4 million CAD, which is relatively modest for the energy sector.

Over the past year, the stock has experienced significant volatility. The 52-week high was recorded at 0.1 CAD on April 29, 2025, while the 52-week low was 0.025 CAD on March 6, 2025. This fluctuation highlights the speculative nature of the company’s stock, driven by investor sentiment and market conditions.

For more detailed information about Shoal Point Energy Ltd. and its ongoing projects, stakeholders and interested parties are encouraged to visit the company’s website at www.shoalpointenergy.com .

As Shoal Point Energy Ltd. continues its exploration and development activities, investors will be closely monitoring its progress and any potential breakthroughs in its operations.