Meren Energy (MER) Price & Analysis

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MER Stock Chart & Stats

C$1.72

Market closed

C$1.72

Day’s Range― - ―

52-Week RangeC$1.59 - C$2.18

Previous CloseN/A

VolumeN/A

Average Volume (3M)689.53K

Market Cap

C$1.23B

Enterprise ValueC$1.52B

Total Cash (Recent Filing)C$266.60M

Total Debt (Recent Filing)C$379.30M

Price to Earnings (P/E)9.5

Beta1.32

Next Earnings

Nov 13, 2025

EPS Estimate

0.05

Last Dividend Ex-Date

Aug 20, 2025

Dividend Yield8.57%

Share Statistics

EPS (TTM)0.00

Shares Outstanding675,702,600

10 Day Avg. Volume1,024,945

30 Day Avg. Volume689,532

Financial Highlights & Ratios

PEG Ratio5.71

Price to Book (P/B)1.16

Price to Sales (P/S)0.00

P/FCF Ratio-15.57

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)0.11

Revenue Forecast (FY)C$946.02M

Bulls Say, Bears Say

Bulls Say

DividendsThe Prime reorganisation is expected to underpin a sustainable annual dividend of at least $100 million, significantly higher than current levels.

EarningsAfrica Oil published Q4/24 results with numbers within guidance and slightly ahead of analyst estimates.

Operational PerformanceThe Egina field completed the year above plan due to its high production efficiency and successful well interventions.

Bears Say

Share PriceThe operational performance and smart corporate decisions made are at odds with the share price weakness, presenting an attractive opportunity for investors.

ValuationThe shares are trading at a 41% discount to analyst NAV of $3.20 per share.

Meren Energy News

Meren Energy Reports Strong Q3 2025 Results and Dividend

Africa Oil Corp ( ($MRNFF) ) has released its Q3 earnings. Here is a breakdown of the information...

5d ago

Meren Energy Reports Q3 2025 Results and Declares Fourth Quarterly Dividend

The latest announcement is out from Meren Energy ( ($TSE:MER) ). Meren Energy Inc. announced its third-quarter 2025...

9d ago

Meren Energy to Announce Q3 2025 Financial Results

The latest announcement is out from Meren Energy ( ($TSE:MER) ). Meren Energy Inc. announced it will release...

12d ago

Meren Energy Begins Trading on OTCQX Best Market

Africa Oil ( ($TSE:MER) ) just unveiled an announcement. Meren Energy Inc. has announced that its common shares...

20d ago

Meren Energy Updates Share Capital Structure

Africa Oil ( ($TSE:MER) ) just unveiled an update. Meren Energy Inc. has updated its share capital and...

22d ago

Meren Energy Announces Executive Restructuring to Enhance Operations

Africa Oil ( ($TSE:MER) ) just unveiled an announcement. Meren Energy Inc. announced a significant restructuring in its...

3M ago

Africa Oil Corp’s Earnings Call: Balancing Growth and Challenges

Africa Oil Corp (($TSE:MER)) has held its Q2 earnings call. Read on for the main highlights of the...

3M ago

Meren Energy Reports Strong Q2 2025 Results

Africa Oil Corp ( ($AOIFF) ) has released its Q2 earnings. Here is a breakdown of the information...

3M ago

Meren Energy Reports Strong Q2 2025 Results and Declares Dividend

Africa Oil ( ($TSE:MER) ) has shared an update. Meren Energy Inc., a company operating in the oil...

3M ago

Meren Energy to Announce Q2 2025 Financial Results

The latest announcement is out from Africa Oil ( ($TSE:MER) ). Meren Energy Inc. announced it will release...

4M ago

Tullow, Meren Energy merger talks have collapsed, Sky reports

Merger talks involving Tullow Oil (TUWOY) and Meren Energy (AOIFF) have collapsed, Mark Kleinman of Sky News reports....

5M ago

Africa Oil price target lowered to C$2.50 from C$2.75 at Scotiabank

Scotiabank analyst Kevin Fisk lowered the firm’s price target on Africa Oil (AOIFF) to C$2.50 from C$2.75 and...

8M ago

Africa Oil price target lowered to C$2.75 from C$3.50 at Scotiabank

Scotiabank analyst Kevin Fisk lowered the firm’s price target on Africa Oil to C$2.75 from C$3.50 and keeps...

1y ago

Africa Oil initiated with a Buy at Stifel

Stifel initiated coverage of Africa Oil with a Buy rating and C$3.50 price target. Africa Oil is a...

1y ago

MER FAQ

What was Meren Energy Inc.’s price range in the past 12 months?

Meren Energy Inc. lowest stock price was C$1.59 and its highest was C$2.18 in the past 12 months.

What is Meren Energy Inc.’s market cap?

Meren Energy Inc.’s market cap is C$1.23B.

When is Meren Energy Inc.’s upcoming earnings report date?

Meren Energy Inc.’s upcoming earnings report date is Nov 13, 2025 which is 10 days ago.

How were Meren Energy Inc.’s earnings last quarter?

Meren Energy Inc. released its earnings results on Aug 12, 2025. The company reported C$0 earnings per share for the quarter, the consensus estimate of N/A by C$0.

Is Meren Energy Inc. overvalued?

According to Wall Street analysts Meren Energy Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Meren Energy Inc. pay dividends?

Meren Energy Inc. pays a Quarterly dividend of C$0.051 which represents an annual dividend yield of 8.57%. See more information on Meren Energy Inc. dividends here

What is Meren Energy Inc.’s EPS estimate?

Meren Energy Inc.’s EPS estimate is 0.05.

How many shares outstanding does Meren Energy Inc. have?

Meren Energy Inc. has 675,702,600 shares outstanding.

What happened to Meren Energy Inc.’s price movement after its last earnings report?

Meren Energy Inc. reported an EPS of C$0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went up 7.059%.

Which hedge fund is a major shareholder of Meren Energy Inc.?

Currently, no hedge funds are holding shares in TSE:MER

Meren Energy Stock Smart Score

Neutral

Blogger Sentiment

Bullish

TSE:MER Sentiment 70%
Sector Average ―

Technicals

Fundamentals

Return on Equity

9.15%

Trailing 12-Months

Asset Growth

245.48%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Meren Energy Inc.

Africa Oil Corp (AOI) is an independent oil and gas company that focuses on exploration and production activities primarily in Africa. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its core operations are centered in Kenya and Nigeria, and it holds interests in various exploration blocks across the African continent.

Meren Energy (MER) Earnings & Revenues

Historic Earnings Reports

MER Company Deck

MER Earnings Call

Q2 2025

0:00 / 0:00

Earnings Call Sentiment|Neutral

The earnings call presented a balanced view of Meren's performance. The company is demonstrating strong financial discipline with substantial dividend distributions and successful debt reduction. However, there are challenges with slightly softer production volumes and revised financial guidance due to lower oil prices.View all TSE:MER earnings summaries