Shamaran Petroleum Corp Stock Shares Outstanding

SNM Stock  CAD 0.11  0.01  8.33%   
ShaMaran Petroleum Corp fundamentals help investors to digest information that contributes to ShaMaran Petroleum's financial success or failures. It also enables traders to predict the movement of ShaMaran Stock. The fundamental analysis module provides a way to measure ShaMaran Petroleum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ShaMaran Petroleum stock.
Common Stock Shares Outstanding is likely to climb to about 3.1 B in 2024.
  
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ShaMaran Petroleum Corp Company Shares Outstanding Analysis

ShaMaran Petroleum's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current ShaMaran Petroleum Shares Outstanding

    
  2.84 B  
Most of ShaMaran Petroleum's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ShaMaran Petroleum Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ShaMaran Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for ShaMaran Petroleum is extremely important. It helps to project a fair market value of ShaMaran Stock properly, considering its historical fundamentals such as Shares Outstanding. Since ShaMaran Petroleum's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ShaMaran Petroleum's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ShaMaran Petroleum's interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

ShaMaran Common Stock Shares Outstanding

Common Stock Shares Outstanding

3.09 Billion

At this time, ShaMaran Petroleum's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, ShaMaran Petroleum Corp has 2.84 B of shares currently outstending. This is 56.32% higher than that of the Oil, Gas & Consumable Fuels sector and 236.86% higher than that of the Energy industry. The shares outstanding for all Canada stocks is significantly lower than that of the firm.

ShaMaran Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ShaMaran Petroleum's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ShaMaran Petroleum could also be used in its relative valuation, which is a method of valuing ShaMaran Petroleum by comparing valuation metrics of similar companies.
ShaMaran Petroleum is currently under evaluation in shares outstanding category among its peers.

ShaMaran Petroleum Current Valuation Drivers

We derive many important indicators used in calculating different scores of ShaMaran Petroleum from analyzing ShaMaran Petroleum's financial statements. These drivers represent accounts that assess ShaMaran Petroleum's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ShaMaran Petroleum's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap125.1M73.1M121.7M171.4M95.7M131.2M
Enterprise Value314.9M263.9M380.9M377.4M320.8M187.3M

ShaMaran Fundamentals

About ShaMaran Petroleum Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ShaMaran Petroleum Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ShaMaran Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ShaMaran Petroleum Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for ShaMaran Stock Analysis

When running ShaMaran Petroleum's price analysis, check to measure ShaMaran Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ShaMaran Petroleum is operating at the current time. Most of ShaMaran Petroleum's value examination focuses on studying past and present price action to predict the probability of ShaMaran Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ShaMaran Petroleum's price. Additionally, you may evaluate how the addition of ShaMaran Petroleum to your portfolios can decrease your overall portfolio volatility.