FOMI (Formation Minerals) Common Stock: $0.99 Mil (As of Jan. 2025)


What is Formation Minerals Common Stock?

Formation Minerals FOMI Common Stock is $0.99 Mil as of Jan. 2025.

Formation Minerals's quarterly common stock increased from Jul. 2024 ($0.91 Mil) to Oct. 2024 ($0.99 Mil) but then stayed the same from Oct. 2024 ($0.99 Mil) to Jan. 2025 ($0.99 Mil).

Formation Minerals's annual common stock declined from Apr. 2022 ($0.61 Mil) to Apr. 2023 ($0.43 Mil) but then increased from Apr. 2023 ($0.43 Mil) to Apr. 2024 ($0.56 Mil).

Formation Minerals Common Stock Historical Data

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The historical data trend for Formation Minerals's Common Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formation Minerals Common Stock Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Common Stock
0.25 0.61 0.43 0.56

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Common Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.56 0.91 0.99 0.99

Formation Minerals Common Stock Calculation

Common stock is listed on the Balance Sheet at the par value of the total shares outstanding of a company.

The par value of common stocks is meaningless. It is usually set at an absurdly low number.

Frequently Asked Questions Learn more about Common Stock →
What does a Common Stock of $0.99 Mil mean?
Formation Minerals (FOMI) has a Common Stock of $0.99 Mil as of Jan. 2025. Common Stock is the par value of a company's shares outstanding, as listed on the balance sheet. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' Common Stock too high?
Formation Minerals' current Common Stock is $0.99 Mil.
How does Formation Minerals' Common Stock compare to AVACF and COP?
Formation Minerals' Common Stock of $0.99 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Common Stock for an Oil & Gas company?
A good Common Stock depends on the Oil & Gas industry context. However, Common Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Common Stock mean?
A high Common Stock can signal that a stock is expensive relative to its fundamentals. Common Stock is the par value of a company's shares outstanding, as listed on the balance sheet. View historical data on Formation Minerals and its competitors. Formation Minerals's current Common Stock is $0.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current Common Stock of $0.99 Mil. The current Common Stock is $0.99 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Common Stock calculated?
Common Stock is calculated from a company's financial statements. For Formation Minerals (FOMI), the current Common Stock is $0.99 Mil as of Jan. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Formation Minerals Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.