ShaMaran Petroleum is an independent oil and gas company with production assets in the Kurdistan Region of Iraq. It holds working interests in the adjacent Atrush and Sarsang blocks and generates cash flow from crude oil production rather than diversified global exploration. The company is associated with the Lundin Group and focuses on growing output from these Kurdistan fields.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 35.9 | — | -1.1 | — |
| Q2 2025 | 35.4 | — | 3.5 | — |
| Q3 2025 | 28.9 | — | 1.9 | — |
| Q4 2025 | 54.7 | — | 22.5 | — |
| Q1 2026 | 38 | 6% | 17 | — |
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