ShaMaran Petroleum (SNM) AI Stock Analysis

• Market Cap: C$630.13M
• Dividend Yield: N/A
• Average Volume (3M): 125.31K
• Price to Earnings (P/E): 5.6
• Beta (1Y): 1.34
• Revenue Growth: 104.07%
• EPS Growth: N/A
• Country: CA
• Employees: 9
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 2,864,230,500
• 10 Day Avg. Volume: 134,835
• 30 Day Avg. Volume: 125,313
• PEG Ratio: -8.11
• Price to Book (P/B): 2.05
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.37
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 1.40
• Enterprise Value/Gross Profit: 11.63
• Enterprise Value/Ebitda: 1.12
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: C$0.50 ▲(127.27%Upside)

ShaMaran Petroleum's strong financial performance and strategic corporate actions significantly bolster its overall score. Positive technical analysis supports potential growth, and attractive valuation enhances investment appeal. However, careful attention is needed for potential overbought technical signals and liability management.

ShaMaran Petroleum Business Overview & Revenue Model

Company Description

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas. The company holds a 27.6% interest in the Atrush Block production sharing contract, which covers an area of 269 square kilometers located in the Kurdistan region of Iraq. It also provides technical and administration services. ShaMaran Petroleum Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.

How the Company Makes Money

ShaMaran Petroleum generates revenue primarily through the sale of crude oil extracted from its exploration and development operations in the Kurdistan Region of Iraq. The company's revenue model depends on the successful exploration, drilling, and production of oil, which is then sold to international markets. Key revenue streams include production sharing contracts (PSCs) with the Kurdistan Regional Government, which outline the division of revenues generated from oil sales between the government and the company. Additionally, strategic partnerships with other oil and gas companies help to mitigate risks and optimize operational efficiencies, further contributing to the company's earnings. External factors such as global oil prices and regional geopolitical stability also play significant roles in influencing the company's financial performance.

ShaMaran Petroleum Financial Statement Overview

Summary

ShaMaran Petroleum demonstrates strong financial performance with impressive profitability improvements and robust cash flow generation. Key strengths include significant revenue growth, efficient equity utilization, and solid cash management. However, there are slight pressures on EBIT margins and the need for careful liability management.

Income Statement

ShaMaran Petroleum shows a strong recovery in profitability with a notable gross profit margin of 39.9% and a net profit margin of 66.5% in the TTM (Trailing-Twelve-Months). Revenue growth is robust at 12.1% from the previous annual report. However, EBIT margin has slightly decreased to 28.3% from the prior year. Overall, the company demonstrates solid revenue growth and improved profitability, although slight pressure on operating margins is observed.

Balance Sheet

The company's balance sheet indicates a moderate debt-to-equity ratio of 0.85, suggesting a balanced leverage position. The equity ratio stands at 47.4%, showing significant equity strength. Return on equity (ROE) is impressive at 36.7% in the TTM, indicating efficient use of equity. Despite improvements, the company must manage its liabilities carefully to maintain financial stability.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth of 17.7% in the TTM, highlighting effective capital management. Operating cash flow to net income ratio is 1.37, underscoring solid cash generation relative to net earnings. Free cash flow to net income ratio is also strong at 1.29, indicating robust cash flow generation capabilities. The company demonstrates excellent cash flow management, contributing positively to its overall financial health.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	109.39M	82.89M	176.66M	102.32M	56.67M
Gross Profit	43.28M	30.52M	105.94M	49.89M	7.11M
EBITDA	150.66M	37.19M	198.49M	69.16M	-98.35M
Net Income	82.22M	-26.71M	114.96M	13.38M	-144.43M
Balance Sheet
Total Assets	494.69M	450.41M	498.69M	368.46M	243.37M
Cash, Cash Equivalents and Short-Term Investments	76.79M	48.88M	69.27M	43.59M	16.97M
Total Debt	215.19M	273.98M	275.31M	302.80M	207.82M
Total Liabilities	271.49M	310.98M	335.00M	349.93M	239.71M
Stockholders Equity	223.20M	139.43M	163.69M	18.54M	3.67M
Cash Flow
Free Cash Flow	89.20M	12.44M	79.44M	49.68M	3.96M
Operating Cash Flow	97.97M	40.48M	105.28M	63.90M	12.86M
Investing Cash Flow	-4.05M	-22.28M	-123.69M	9.70M	201.00K
Financing Cash Flow	-89.10M	-52.26M	-47.48M	69.75M	-147.00K

ShaMaran Petroleum Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SNM, the sentiment is Positive. The current price of 0.22 is below the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.20, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.88 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SNM.

ShaMaran Petroleum Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNM	73 Outperform	C$630.13M	5.60	43.82%	―	104.07%	―
Sector *	44 Neutral	AU$1.45B	-6.96	-23.02%	8.08%	5.33%	-26.92%
OBE	―	$408.87M	5.39	-12.88%	―	―	―
ZPTAF	―	$521.52M	―	-5.48%	1.57%	―	―
TAL	74 Outperform	C$640.21M	4.77	18.60%	20.37%	11.68%	-30.95%
DALXF	―	$707.99M	43.46	3.68%	―	―	―
CEI	48 Neutral	C$431.62M	―	-6.69%	―	41.39%	-61.36%

ShaMaran Petroleum Corporate Events

ShaMaran Reports Explosion at Sarsang Facility, No Injuries Reported

ShaMaran Petroleum Corp. reported an explosion at the Sarsang Block production facility in the Kurdistan Region of Iraq, operated by HKN Energy Ltd. The incident, which occurred at 7:00 AM local time, resulted in no injuries, and all personnel have been safely accounted for. Operations have been suspended while a full assessment is conducted, and the company is working closely with local authorities to manage the situation. ShaMaran and HKN emphasize their commitment to safety and environmental responsibility, promising further updates as more information becomes available.

ShaMaran Petroleum Announces Successful Annual Meeting Outcomes

ShaMaran Petroleum Corp. announced the successful passing of all resolutions at its annual general and special meeting of shareholders. Key decisions included fixing the number of directors at five, re-electing board members, appointing PricewaterhouseCoopers LLP as auditors, and approving both the company’s stock option plan and an amendment to the deferred share unit plan. These approvals reflect strong shareholder support and are likely to impact the company’s governance and operational strategies positively.

ShaMaran Petroleum Reports Strong Q1 2025 Results Amid Pipeline Challenges

ShaMaran Petroleum Corp. reported strong financial and operational results for the first quarter of 2025, with significant increases in production, sales, and EBITDAX compared to Q1 2024. The company repaid a substantial portion of its corporate bond and secured a two-year extension on its bond maturity, enhancing its financial flexibility. Despite the ongoing impact of the Iraq-Türkiye pipeline closure, ShaMaran’s increased production and sales, particularly from the Atrush Block, have bolstered its financial performance and positioned it well for potential capital returns to shareholders.