SHPNF (Shoal Point Energy) Other Operating Expense: $0.10 Mil (TTM As of Oct. 2024)

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What is Shoal Point Energy Other Operating Expense?

Shoal Point Energy SHPNF Other Operating Expense is $0.10 Mil as of Oct. 2024.

Shoal Point Energy's Other Operating Expense for the three months ended in Oct. 2024 was $0.01 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Oct. 2024 was $0.10 Mil.

Shoal Point Energy's quarterly Other Operating Expense increased from Apr. 2024 ($0.01 Mil) to Jul. 2024 ($0.06 Mil) but then declined from Jul. 2024 ($0.06 Mil) to Oct. 2024 ($0.01 Mil).

Shoal Point Energy's annual Other Operating Expense declined from Jan. 2022 ($0.09 Mil) to Jan. 2023 ($0.07 Mil) but then increased from Jan. 2023 ($0.07 Mil) to Jan. 2024 ($0.14 Mil).

Shoal Point Energy Other Operating Expense Historical Data

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The historical data trend for Shoal Point Energy's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shoal Point Energy Other Operating Expense Chart

Shoal Point Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.02 0.09 0.07 0.14

Shoal Point Energy Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 0.01 0.01 0.06 0.01

Shoal Point Energy Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Other Operating Expense of $0.10 Mil mean?
Shoal Point Energy (SHPNF) has a Other Operating Expense of $0.10 Mil as of Oct. 2024. Other operating expenses that a company records on its income statement. View historical data on Shoal Point Energy and its competitors.
Is Shoal Point Energy's Other Operating Expense too high?
Shoal Point Energy's current Other Operating Expense is $0.10 Mil.
How does Shoal Point Energy's Other Operating Expense compare to GRVE and SPOWF?
Shoal Point Energy's Other Operating Expense of $0.10 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Shoal Point Energy and its competitors. Shoal Point Energy's current Other Operating Expense is $0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoal Point Energy stock overvalued right now?
Shoal Point Energy (SHPNF) has a current Other Operating Expense of $0.10 Mil. The current Other Operating Expense is $0.10 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Shoal Point Energy (SHPNF), the current Other Operating Expense is $0.10 Mil as of Oct. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shoal Point Energy Business Description

Industry EnergyOil & Gas
Address 700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Shoal Point Energy Ltd is a petroleum exploration and development company. It is in the exploration stage of exploring its oil and natural gas properties.