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Meren Energy Inc. (TSE:MER)
:MER
MER Stock Chart & Stats
C$1.68
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Market closed
C$1.68
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Day’s Range― - ―
52-Week RangeC$1.59 - C$2.18
Previous CloseN/A
VolumeN/A
Average Volume (3M)770.55K
Market Cap
C$1.23B
Enterprise ValueC$1.52B
Total Cash (Recent Filing)C$176.70M
Total Debt (Recent Filing)C$300.70M
Price to Earnings (P/E)9.5
Beta1.22
Next Earnings
Nov 13, 2025EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend Yield0%
Share Statistics
EPS (TTM)0.00
Shares Outstanding675,702,600
10 Day Avg. Volume660,518
30 Day Avg. Volume770,546
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$950.95M
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
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 34 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.
Does Meren Energy Inc. pay dividends?
Meren Energy Inc. pays a Quarterly dividend of C$0.052 which represents an annual dividend yield of 0%. 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 7.026%.
Which hedge fund is a major shareholder of Meren Energy Inc.?
Currently, no hedge funds are holding shares in TSE:MER
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
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.01%
12-Months-Change
Fundamentals
Return on Equity
9.15%
Trailing 12-Months
Asset Growth
245.48%
Trailing 12-Months
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.
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 summariesTechnical Analysis
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Options Prices
Currently, No data available
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