ShaMaran Petroleum (SNM) AI Stock Analysis

• Market Cap: C$816.31M
• Dividend Yield: N/A
• Average Volume (3M): 234.88K
• Price to Earnings (P/E): 6.9
• Beta (1Y): 1.14
• Revenue Growth: 78.38%
• EPS Growth: N/A
• Country: CA
• Employees: 9
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): <0.01
• Shares Outstanding: 2,864,230,500
• 10 Day Avg. Volume: 516,074
• 30 Day Avg. Volume: 234,884
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: C$0.00 ▼(-100.00% Downside)

ShaMaran Petroleum's strong financial performance and attractive valuation are the primary drivers of its stock score. The company's effective leverage management and robust cash flow generation enhance its financial stability. Technical indicators suggest a positive trend, although short-term caution is advised due to a slightly negative MACD. The absence of earnings call and corporate events data does not impact the score.

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 solid financial health with strong profitability and cash flow generation. The company has effectively managed its leverage, improving its financial stability. While the income statement shows impressive growth and margins, the balance sheet and cash flow statements highlight areas for cautious optimism, particularly in maintaining leverage and cash flow alignment with net income.

Income Statement

ShaMaran Petroleum has shown strong revenue growth with a 10.4% increase in the TTM period. The company maintains a high net profit margin of 66.5%, indicating efficient cost management and profitability. However, the EBIT margin of 89.97% suggests potential volatility in earnings before interest and taxes, which could pose risks if not managed carefully.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.85 in the TTM period, reflecting better leverage management compared to previous years. Return on equity is strong at 40.78%, indicating effective use of shareholder funds. However, the equity ratio remains moderate, suggesting a balanced but cautious approach to asset financing.

Cash Flow

ShaMaran Petroleum's free cash flow growth rate of 11.59% in the TTM period is a positive indicator of cash generation capabilities. The operating cash flow to net income ratio of 2.22 shows strong cash flow relative to earnings, enhancing financial flexibility. However, the free cash flow to net income ratio of 0.94 suggests that while cash flow is robust, it is closely aligned with net income, indicating limited buffer for unexpected expenses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	135.44M	109.39M	82.89M	176.66M	102.32M	56.67M
Gross Profit	54.28M	43.28M	30.52M	105.94M	49.89M	7.11M
EBITDA	164.35M	150.66M	37.19M	198.49M	69.16M	-98.35M
Net Income	85.63M	82.22M	-26.71M	114.96M	13.38M	-144.43M
Balance Sheet
Total Assets	443.68M	494.69M	450.41M	498.69M	368.46M	243.37M
Cash, Cash Equivalents and Short-Term Investments	67.15M	76.79M	48.88M	69.27M	43.59M	16.97M
Total Debt	157.71M	215.19M	273.98M	275.31M	302.80M	207.82M
Total Liabilities	217.18M	271.49M	310.98M	335.00M	349.93M	239.71M
Stockholders Equity	226.50M	223.20M	139.43M	163.69M	18.54M	3.67M
Cash Flow
Free Cash Flow	117.15M	89.20M	12.44M	79.44M	49.68M	3.96M
Operating Cash Flow	122.30M	97.97M	40.48M	105.28M	63.90M	12.86M
Investing Cash Flow	3.05M	-4.05M	-22.28M	-123.69M	9.70M	201.00K
Financing Cash Flow	-97.28M	-89.10M	-52.26M	-47.48M	69.75M	-147.00K

ShaMaran Petroleum Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.28 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.23, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 65.26 is Neutral, neither overbought nor oversold. The STOCH value of 88.45 is Negative, 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	71 Outperform	C$816.31M	6.90	46.83%	―	78.38%	―
TAL	69 Neutral	C$548.31M	5.08	14.46%	14.02%	2.03%	-38.52%
SDE	66 Neutral	C$1.10B	28.35	6.18%	―	-0.12%	-77.23%
SGY	52 Neutral	C$710.49M	13.08	―	7.34%	-8.76%	―
OBE	50 Neutral	C$613.31M	-3.06	―	―	1.49%	-313.99%
CEI	48 Neutral	C$447.63M	-35.04	-7.61%	―	28.22%	-87.20%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

ShaMaran Petroleum Corporate Events

ShaMaran Petroleum Achieves Strong Financial Growth Amid Operational Challenges

ShaMaran Petroleum Corp. reported significant financial improvements in Q2 2025, with a 56% increase in revenue compared to the previous year, driven by higher local oil sales and increased working interest in the Atrush Block. Despite challenges such as the closure of the Iraq-Türkiye pipeline, the company has successfully reduced its net debt by almost 50% over the past year, positioning itself for potential future shareholder distributions and continued engagement with industry partners and the host government for a commercial solution to resume pipeline exports.

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.