Meren Energy Inc. (MRNFF)
OTHER OTC:MRNFF
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MRNFF Stock Chart & Stats
$1.84
$0.03(1.66%)
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Day’s Range― - ―
52-Week Range$1.18 - $1.85
Previous CloseN/A
VolumeN/A
Average Volume (3M)159.32K
Market Cap
$1.25B
Enterprise Value$1.41B
Total Cash (Recent Filing)$174.38M
Total Debt (Recent Filing)$336.09M
Price to Earnings (P/E)―
Beta0.16
Next Earnings
May 12, 2026EPS Estimate
<0.01Next Dividend Ex-DateN/A
Dividend Yield5.46%
Share Statistics
EPS (TTM)-0.02
Shares Outstanding675,909,200
10 Day Avg. Volume99,862
30 Day Avg. Volume159,324
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.07
Price to Sales (P/S)1.44
P/FCF Ratio2.41
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue2.50
Enterprise Value/Gross Profit10.33
Enterprise Value/Ebitda3.88
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.07
Revenue Forecast (FY)$639.41M
Bulls Say, Bears Say
Bulls Say
Strong Operating And Free Cash Flow In 2025A material cash‑flow inflection in 2025 provides durable funding for capex, debt servicing, dividends and buybacks without immediate refinancing. Robust operating and free cash flow improves financial flexibility and underpins the company’s ability to execute medium‑term drilling and tieback plans.
Material Deleveraging And Disciplined Liquidity TargetsSignificantly lower leverage and a clear liquidity floor reduce refinancing and covenant risk, lowering funding costs and enabling steady shareholder returns. Managed net debt/EBITDAX well under target gives room to absorb commodity swings while still funding planned drilling and dividends over the next 2–6 months.
Larger, Higher-quality Portfolio And Visible Organic Growth PipelineDoubling of reserves/production and a set of short‑cycle near‑term projects create multiple, staged production catalysts. A diversified set of tiebacks and infill wells reduces reliance on one asset and offers scalable, relatively quick payback opportunities that can sustainably drive volumes and cash generation.
Bears Say
Persistent Net Losses And Earnings-quality DisconnectNet losses despite strong operating cash flow highlight non‑cash charges and timing differences that mask underlying earnings quality. Continued negative reported profitability raises risk that accounting items or future impairments could constrain retained earnings and complicate sustainable dividend policy if cash reverses.
Significant Non‑cash Impairment At AgbamiA large impairment signals higher lifecycle costs and weaker recoverable value at a material asset, implying elevated future capex and reserve risk. This reduces booked asset value, can pressure covenants or distributable reserves, and raises the probability of further write‑downs if costs or prices deviate.
Timing, Regulatory And Execution Risks For Growth ProjectsDelays from rig timing, court actions and partner/commercialization uncertainty can push back planned production and cash contributions from key projects. Execution slippage elongates the produce>replace risk, may force higher sustaining capex, and makes near‑term volume and cash targets less certain.
Meren Energy News
MRNFF FAQ
What was Meren Energy Inc.’s price range in the past 12 months?
Meren Energy Inc. lowest stock price was $1.18 and its highest was $1.85 in the past 12 months.
What is Meren Energy Inc.’s market cap?
Meren Energy Inc.’s market cap is $1.25B.
When is Meren Energy Inc.’s upcoming earnings report date?
Meren Energy Inc.’s upcoming earnings report date is May 12, 2026 which is in 7 days.
How were Meren Energy Inc.’s earnings last quarter?
Meren Energy Inc. released its earnings results on Feb 24, 2026. The company reported -$0.131 earnings per share for the quarter, missing the consensus estimate of $0.036 by -$0.167.
Is Meren Energy Inc. overvalued?
According to Wall Street analysts Meren Energy Inc.’s price is currently Undervalued.
Does Meren Energy Inc. pay dividends?
Meren Energy Inc. pays a Quarterly dividend of $0.037 which represents an annual dividend yield of 5.46%. See more information on Meren Energy Inc. dividends here
What is Meren Energy Inc.’s EPS estimate?
Meren Energy Inc.’s EPS estimate is <0.01.
How many shares outstanding does Meren Energy Inc. have?
Meren Energy Inc. has 675,909,200 shares outstanding.
What happened to Meren Energy Inc.’s price movement after its last earnings report?
Meren Energy Inc. reported an EPS of -$0.131 in its last earnings report, missing expectations of $0.036. Following the earnings report the stock price went down -9.501%.
Which hedge fund is a major shareholder of Meren Energy Inc.?
Currently, no hedge funds are holding shares in MRNFF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meren Energy Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.30%
12-Months-Change
Fundamentals
Return on Equity
-3.80%
Trailing 12-Months
Asset Growth
217.28%
Trailing 12-Months
Company Description
Meren Energy Inc.
Meren Energy Inc., formerly known as Africa Oil Corp., is a Canadian oil and gas exploration and production company. It operates in Nigeria, Namibia, South Africa, and Equatorial Guinea, holding interests in producing and development assets in deep-water Nigeria, as well as a portfolio of development and exploration assets in West and South Africa.
MRNFF Company Deck
MRNFF Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely constructive picture: management delivered on consolidation, generated strong operating cash and materially deleveraged the balance sheet while returning capital to shareholders. They set out a detailed organic growth pipeline (near- and mid-term projects) and maintained disciplined liquidity and hedging policies. Key negatives included a $105.3 million non-cash impairment at Agbami, a material drop in cash balance (≈ -62%), a slight miss on EBITDAX vs guidance, near-term production headwinds in Q4, and timing/regulatory risks for future growth. On balance the positive operational, financial and strategic developments (deleveraging, shareholder returns, visible organic catalysts and prudent capital framework) outweigh the headwinds.View all MRNFF earnings summariesOwnership Overview
0.11% Insiders
0.74% Mutual Funds
<0.01% Other Institutional Investors
98.76% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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