Meren Energy Inc. (MRNFF)
OTHER OTC:MRNFF
MRNFF Stock Chart & Stats
$1.67
-$0.06(-3.31%)
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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
$1.12B
Enterprise Value$1.33B
Total Cash (Recent Filing)$161.71M
Total Debt (Recent Filing)$373.86M
Price to Earnings (P/E)―
Beta0.14
Next Earnings
Aug 11, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend Yield5.46%
Share Statistics
EPS (TTM)-0.19
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 Cap1.19
Enterprise Value/Revenue2.23
Enterprise Value/Gross Profit8.59
Enterprise Value/Ebitda3.61
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.11
Revenue Forecast (FY)$698.81M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained positive operating and free cash flow provides durable internal funding for capex, debt service and dividends without reliance on equity raises. Over 2–6 months this underpins financial flexibility, supports deleveraging and allows management to fund near-term drilling and shareholder returns.
Material Deleveraging & Liquidity DisciplineA materially lower leverage ratio and explicit liquidity targets reduce refinancing risk and lower financing costs structurally. This improves headroom for execution of organic projects, cushions commodity volatility, and preserves capacity to return capital while funding disciplined growth over the medium term.
Clear Near‑term Organic Growth PipelineA portfolio of short‑cycle tiebacks, infill wells and higher‑value prospects provides multiple independent avenues to replace produced volumes. If executed, these projects can sustainably lift reserves and production within 1–3 years, supporting longer‑term cash flow and reserve life improvement.
Bears Say
Negative Net Margin / Loss-makingMaterial bottom‑line losses indicate non‑operating costs (depreciation, financing, impairments) are eroding operating profitability. Persisting negative net margins limit ROE and retained earnings, constraining capital accumulation and the firm's ability to compound value absent improved non‑operating cost control.
Significant Non‑cash ImpairmentA large impairment reflects weaker recoverable value and highlights higher life‑extension costs and reserve economics pressure. This reduces reported asset base and constrains future depreciation profiles, signaling that some assets may require additional capex to sustain production and cash flows over time.
Material Cash Drawdown And Execution/regulatory Timing RisksA large cash decline tightens the liquidity cushion and raises refinancing and execution sensitivity. Coupled with timing and regulatory uncertainties for rigs, drilling and project commercialization, this increases risk that planned tiebacks and infill wells are delayed, deferring expected production and cash‑flow recovery.
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 $1.12B.
When is Meren Energy Inc.’s upcoming earnings report date?
Meren Energy Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 72 days.
How were Meren Energy Inc.’s earnings last quarter?
Meren Energy Inc. released its earnings results on May 12, 2026. The company reported -$0.06 earnings per share for the quarter, missing the consensus estimate of $0.004 by -$0.064.
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 0.02.
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 -$0.06 in its last earnings report, missing expectations of $0.004. Following the earnings report the stock price went down -5.164%.
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
Neutral
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Blogger Sentiment
Bullish
MRNFF Sentiment 100%
Sector Average 72%
Sector Average 72%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.30%
12-Months-Change
Fundamentals
Return on Equity
-15.45%
Trailing 12-Months
Asset Growth
-21.39%
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
Q1 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
98.74% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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