TSXV:SNM

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ShaMaran Petroleum

Executive Summary

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas properties in the Kurdistan Region of Iraq. More Details


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.

Share Price & News

How has ShaMaran Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SNM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-22.2%

SNM

-0.2%

CA Oil and Gas

-0.4%

CA Market


1 Year Return

-46.2%

SNM

-33.5%

CA Oil and Gas

-4.0%

CA Market

Return vs Industry: SNM underperformed the Canadian Oil and Gas industry which returned -33.4% over the past year.

Return vs Market: SNM underperformed the Canadian Market which returned -3.9% over the past year.


Shareholder returns

SNMIndustryMarket
7 Day-22.2%-0.2%-0.4%
30 Day-22.2%-1.8%2.3%
90 Day0%-11.2%1.7%
1 Year-46.2%-46.2%-29.8%-33.5%-0.5%-4.0%
3 Year-58.8%-58.8%-36.1%-44.0%6.5%-3.9%
5 Year-46.2%-46.2%-29.4%-41.8%35.4%14.6%

Price Volatility Vs. Market

How volatile is ShaMaran Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ShaMaran Petroleum undervalued compared to its fair value and its price relative to the market?

17.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SNM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SNM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SNM is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.

PE vs Market: SNM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SNM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNM is overvalued based on its PB Ratio (17.1x) compared to the CA Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is ShaMaran Petroleum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

76.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: SNM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SNM's is expected to become profitable in the next 3 years.

Revenue vs Market: SNM's revenue (3.5% per year) is forecast to grow slower than the Canadian market (5.8% per year).

High Growth Revenue: SNM's revenue (3.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNM's Return on Equity is forecast to be low in 3 years time (1.2%).


Next Steps

  • Explore growth companies in the Energy industry.

Past Performance

How has ShaMaran Petroleum performed over the past 5 years?

28.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNM is currently unprofitable.

Growing Profit Margin: SNM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SNM is unprofitable, but has reduced losses over the past 5 years at a rate of 28.5% per year.

Accelerating Growth: Unable to compare SNM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).


Return on Equity

High ROE: SNM has a negative Return on Equity (-4183.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is ShaMaran Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: SNM's short term assets ($21.1M) do not cover its short term liabilities ($34.7M).

Long Term Liabilities: SNM's short term assets ($21.1M) do not cover its long term liabilities ($189.4M).


Debt to Equity History and Analysis

Debt Level: SNM's debt to equity ratio (5638.1%) is considered high.

Reducing Debt: SNM's debt to equity ratio has increased from 39.2% to 5638.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SNM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SNM has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 45.5% each year.


Next Steps

Dividend

What is ShaMaran Petroleum current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SNM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SNM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SNM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SNM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SNM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.1yrs

Average management tenure


CEO

Adel Chaouch

1.42yrs

Tenure

US$787,867

Compensation

Dr. Adel Chaouch is an Independent Non-executive Director at Ophir Energy Plc since January 15, 2019. He serves as President, Chief Executive Officer and Director at ShaMaran Petroleum Corp. since May 15, ...


CEO Compensation Analysis

Compensation vs Market: Adel's total compensation ($USD787.87K) is above average for companies of similar size in the Canadian market ($USD171.35K).

Compensation vs Earnings: Insufficient data to compare Adel's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Adel Chaouch
President1.42yrsUS$787.87k0.064%
$ 48.4k
Brenden Johnstone
CFO & Corporate Secretary10.83yrsUS$616.61k0.076%
$ 57.5k
Sophia Shane
Head of Investor Relationsno datano datano data
Alex Lengyel
Chief Commercial Officer0.25yrno data0.015%
$ 11.7k
Kevin Hisko
Corporate Secretary13.67yrsno datano data
Kathy Love
Assistant Corporate Secretaryno datano datano data

6.1yrs

Average Tenure

Experienced Management: SNM's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adel Chaouch
President1.42yrsUS$787.87k0.064%
$ 48.4k
Michael Ebsary
Independent Director1.75yrsUS$57.50k0.0054%
$ 4.1k
Keith Hill
Independent Director13.67yrsUS$63.72k0.062%
$ 47.0k
Chris Bruijnzeels
Chairman of the Board of Directors1.42yrsUS$1.17m0.095%
$ 72.2k
Terry Allen
Independent Director2.33yrsUS$72.50k0.0046%
$ 3.5k
William Lundin
Independent Director1.33yrsUS$25.69k0.091%
$ 68.9k

1.6yrs

Average Tenure

61yo

Average Age

Experienced Board: SNM's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ShaMaran Petroleum Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ShaMaran Petroleum Corp.
  • Ticker: SNM
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$75.996m
  • Shares outstanding: 2.17b
  • Website: https://www.shamaranpetroleum.com

Number of Employees


Location

  • ShaMaran Petroleum Corp.
  • 885 West Georgia Street
  • Suite 2000
  • Vancouver
  • British Columbia
  • V6C 3E8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNMTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 1993
3B8DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 1993
SNMOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKFeb 1993
SHAS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 1993
0VH4LSE (London Stock Exchange)YesCommon SharesGBCADFeb 1993

Biography

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas properties in the Kurdistan Region of Iraq. The company holds 27.6% interest in the Atrus ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 00:44
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.