Education
About Us
Working with TipRanks
Follow Us
Meren Energy Inc. (MRNFF)
OTHER OTC:MRNFF
MRNFF Stock Chart & Stats
$1.60
<$0.01(0.38%)
―
--
Day’s Range― - ―
52-Week Range$1.13 - $1.78
Previous CloseN/A
VolumeN/A
Average Volume (3M)159.32K
Market Cap
$1.08B
Enterprise Value$1.26B
Total Cash (Recent Filing)$174.38M
Total Debt (Recent Filing)$336.09M
Price to Earnings (P/E)―
Beta0.33
Next Earnings
May 12, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend Yield5.46%
Share Statistics
EPS (TTM)-0.13
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 Cap1.16
Enterprise Value/Revenue2.24
Enterprise Value/Gross Profit9.24
Enterprise Value/Ebitda3.47
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.03
Revenue Forecast (FY)$579.52M
Bulls Say, Bears Say
Bulls Say
Cash GenerationA durable shift to materially positive operating and free cash flow provides internal funding for capex, working capital and debt servicing. If sustained, this strengthens financial flexibility, reduces refinancing risk and enables reinvestment into production growth or reserves over multiple years.
Revenue And Operating ProfitabilityMeaningful revenue growth combined with a move to operating profit signals improving scale economics and better cost absorption. Over the medium term this supports durable EBITDA generation, improves project returns and underpins the firm's ability to fund operations without continual external equity raises.
Equity Cushion On Balance SheetA sizeable equity base relative to debt provides a buffer against commodity swings and operational setbacks. That capital cushion enhances resilience, preserves borrowing capacity for development, and reduces likelihood of distressed financing in downturns if cash generation remains stable.
Bears Say
Net Losses PersistContinued net losses indicate non-operating costs (interest, depletion, impairments or taxes) still outstrip operating profits. Persistent net losses can erode equity, force external financing or dilution, and limit retained-earnings funding for long-term growth unless net profitability is achieved.
Rising LeverageThe material increase in debt raises fixed obligations and interest exposure. With earnings and cash flow historically volatile, higher leverage amplifies downside risk, narrows financial flexibility, and increases refinancing vulnerability during commodity or execution setbacks.
Historical Earnings VolatilityA history of zero or highly variable revenue and operating results reduces confidence in repeatability of 2025 gains. Structural volatility complicates planning, raises execution risk for sustaining cash flow, and makes long-term capital allocation and debt repayment schedules harder to rely upon.
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 $1.13 and its highest was $1.78 in the past 12 months.
What is Meren Energy Inc.’s market cap?
Meren Energy Inc.’s market cap is $1.08B.
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 70 days.
How were Meren Energy Inc.’s earnings last quarter?
Meren Energy Inc. released its earnings results on Feb 24, 2026. The company reported -$0.13 earnings per share for the quarter, missing the consensus estimate of $0.036 by -$0.166.
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 0.03.
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 -$0.13 in its last earnings report, missing expectations of $0.036. Following the earnings report the stock price went down -9.524%.
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
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.30%
12-Months-Change
Fundamentals
Return on Equity
9.15%
Trailing 12-Months
Asset Growth
245.48%
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