ShaMaran Petroleum (SNM) AI Stock Analysis

• Market Cap: C$569.18M
• Dividend Yield: N/A
• Average Volume (3M): 535.62K
• Price to Earnings (P/E): 5.7
• Beta (1Y): 0.47
• Revenue Growth: -17.48%
• EPS Growth: N/A
• Country: CA
• Employees: 7
• Sector: Energy
• Sector Strength: 73
• Industry: Fossil Fuels
• EPS (TTM): 0.04
• Shares Outstanding: 2,845,913,600
• 10 Day Avg. Volume: 307,970
• 30 Day Avg. Volume: 535,621
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 4.18
• Price to Cash Flow (P/CF): 3.40
• P/FCF Ratio: 3.30
• 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: N/A
• Number of Analyst Covering: 0

ShaMaran Petroleum's overall score is driven by strong financial performance and an attractive valuation. The company's strategic bond repayment enhances its financial stability, while technical indicators suggest a cautiously optimistic market stance. However, historical volatility and moderate leverage pose potential risks that temper the overall score.

ShaMaran Petroleum Business Overview & Revenue Model

Company Description

ShaMaran Petroleum Corp. (SNM) is a Canadian oil and gas company focused on the exploration, development, and production of oil in the Kurdistan region of Iraq. The company operates primarily through its stake in the Atrush oil field, which is one of the significant assets in the region. ShaMaran aims to leverage its expertise and strategic partnerships to maximize the value of its assets and ensure sustainable growth in the energy sector.

How the Company Makes Money

ShaMaran Petroleum generates its revenue primarily through the sale of crude oil extracted from its interest in the Atrush oil field. The company's revenue model is based on the production and sale of oil, where the earnings are influenced by global oil prices, production volumes, and operational efficiencies. Key revenue streams include the sales agreements with local and international buyers, as well as potential joint ventures or partnerships with other oil and gas companies to enhance production capabilities and market reach. The company's financial performance is also impacted by its ability to manage exploration and production costs, regulatory compliance, and geopolitical factors in the Kurdistan region.

ShaMaran Petroleum Financial Statement Overview

Summary

ShaMaran Petroleum's financial statements reflect significant improvements in revenue, profitability, and cash generation in the TTM period, with strong margins and efficient equity utilization. However, historical volatility in financial performance and moderate leverage present potential risks.

Income Statement

ShaMaran Petroleum shows a strong improvement in profitability with a TTM gross profit margin of 37.09% and a net profit margin of 77.08%. The revenue growth rate is an impressive 14.57% from the previous period, and both EBIT and EBITDA margins are healthy at 31.10% and 153.11% respectively. This indicates a robust operational performance, although historical fluctuations in revenue and income highlight potential volatility.

Balance Sheet

The company's balance sheet indicates moderate leverage with a debt-to-equity ratio of 1.00. The TTM return on equity is strong at 34.00%, reflecting efficient use of equity. However, the equity ratio of 44.31% suggests a balanced but not overly conservative capital structure, pointing to potential risks if liabilities increase.

Cash Flow

ShaMaran exhibits positive cash flow trends with a TTM operating cash flow to net income ratio of 1.00 and a free cash flow to net income ratio of 0.80. The free cash flow growth rate stands at 373.46%, indicating substantial improvement in cash generation, though historical cash flow volatility remains a concern.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
94.96M	82.89M	176.66M	102.32M	56.67M	70.29M
	Gross Profit
35.23M	30.52M	105.94M	49.89M	7.11M	20.03M
	EBIT
29.54M	4.00M	89.60M	42.24M	-1.81M	8.36M
	EBITDA
145.40M	37.26M	137.34M	68.36M	-98.35M	34.88M
	Net Income Common Stockholders
73.19M	-26.71M	114.96M	13.38M	-144.43M	-13.40M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
67.88M	48.88M	69.27M	43.59M	16.97M	50.00K
	Total Assets
419.78M	450.41M	498.69M	368.46M	243.37M	369.01M
	Total Debt
236.72M	273.98M	275.31M	302.80M	207.82M	189.85M
	Net Debt
168.83M	225.10M	206.04M	259.21M	190.85M	189.80M
	Total Liabilities
265.58M	310.98M	335.00M	349.93M	239.71M	226.88M
	Stockholders Equity
154.20M	139.43M	163.69M	18.54M	3.67M	142.14M
Cash Flow		Free Cash Flow
58.91M	12.44M	79.44M	49.68M	3.96M	-4.35M
	Operating Cash Flow
73.10M	40.48M	105.28M	63.90M	12.86M	14.63M
	Investing Cash Flow
-9.18M	-22.28M	-123.69M	9.70M	201.00K	-15.12M
	Financing Cash Flow
-80.79M	-52.26M	-47.48M	69.75M	-147.00K	-76.43M

ShaMaran Petroleum Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 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 0.2 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.15, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 61.50 is Neutral, neither overbought nor oversold. The STOCH value of 42.86 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
GXE	73 Outperform	$126.53M	10.41	4.97%	13.15%	<0.01%	-72.31%
ATH	73 Outperform	$2.48B	5.54	28.01%	―	13.46%	―
POU	73 Outperform	$2.37B	6.95	9.38%	11.19%	3.08%	-30.22%
MEG	72 Outperform	$5.87B	12.00	11.22%	0.93%	-8.92%	-5.46%
SNM	69 Neutral	C$569.18M	5.68	41.64%	―	-17.48%	―
BTE	68 Neutral	$2.27B	9.64	5.99%	3.39%	22.71%	―
Sector *	57 Neutral	$8.36B	5.49	-6.03%	7.47%	0.03%	-68.64%

ShaMaran Petroleum Corporate Events

ShaMaran Petroleum Announces Partial Bond Repayment to Strengthen Financial Position

ShaMaran Petroleum Corp. announced a partial repayment of its 12% senior unsecured bond, amounting to approximately $26.8 million, scheduled for January 30, 2025. Following this repayment, the outstanding bond amount will be reduced to approximately $173.1 million. This financial adjustment aims to manage the company’s net debt, which will stand at around $130.3 million post-repayment. This move reflects ShaMaran’s strategic steps towards strengthening its financial position and managing its liabilities effectively.

ShaMaran Petroleum Sees Strong Q3 2024 Results

ShaMaran Petroleum has reported a significant increase in production and revenue for the third quarter of 2024, largely due to local oil sales and an increased stake in the Atrush Block. The company is actively working on optimizing its cost structure and exploring further consolidation opportunities in the Kurdistan region.