Formation Minerals, Inc.
Formation Minerals, Inc. engages in the acquisitions and development of oil and gas mineral. It owns royalty interests and holds a non-operated working interest in the oil and gas operations in the United States. The company is based in Jacksboro, Texas.
Market Cap & Net Worth: Formation Minerals, Inc. (FOMI)
Formation Minerals, Inc. (PINK:FOMI) has a market capitalization of $3.60 Million ($3.60 Million) as of March 18, 2026. Listed on the PINK stock exchange, this USA-based company holds position #42699 globally and #13770 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Formation Minerals, Inc.'s stock price $0.04 by its total outstanding shares 100035585 (100.04 Million).
Formation Minerals, Inc. Market Cap History: 2025 to 2025
Formation Minerals, Inc.'s market capitalization history from 2025 to 2025. Data shows growth from $3.60 Million to $3.60 Million (0.00% CAGR).
Formation Minerals, Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Formation Minerals, Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
No P/S ratio data available
Latest Price to Earnings (P/E) Ratio
No P/E ratio data available
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| No financial ratio data available | |||||
Competitor Companies of FOMI by Market Capitalization
Companies near Formation Minerals, Inc. in the global market cap rankings as of March 18, 2026.
Key companies related to Formation Minerals, Inc. by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #135 globally with a market cap of $137.70 Billion USD.
- Canadian Natural Resources Ltd (NYSE:CNQ): Ranked #198 globally with a market cap of $99.84 Billion USD.
- CNOOC Limited (SHG:600938): Ranked #205 globally with a market cap of $97.85 Billion USD ( CN¥717.93 Billion CNY).
- EOG Resources Inc (NYSE:EOG): Ranked #329 globally with a market cap of $65.92 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #135 | ConocoPhillips | NYSE:COP | $137.70 Billion | $122.87 |
| #198 | Canadian Natural Resources Ltd | NYSE:CNQ | $99.84 Billion | $48.98 |
| #205 | CNOOC Limited | SHG:600938 | $97.85 Billion | CN¥42.00 |
| #329 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $135.72 |
Formation Minerals, Inc. Historical Marketcap From 2025 to 2025
Between 2025 and today, Formation Minerals, Inc.'s market cap moved from $3.60 Million to $ 3.60 Million, with a yearly change of 0.00%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $3.60 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Formation Minerals, Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.60 Million USD |
| MoneyControl | $3.60 Million USD |
| MarketWatch | $3.60 Million USD |
| marketcap.company | $3.60 Million USD |
| Reuters | $3.60 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.