Toronto - Delayed Quote CAD

Meren Energy Inc. (MER.TO)

1.8200
+0.0200
+(1.11%)
At close: June 2 at 4:00:00 PM EDT
Loading Chart for MER.TO
  • Previous Close 1.8000
  • Open 1.8400
  • Bid 1.8300 x --
  • Ask 1.8300 x --
  • Day's Range 1.8100 - 1.8600
  • 52 Week Range 1.5900 - 2.6000
  • Volume 745,857
  • Avg. Volume 475,725
  • Market Cap (intraday) 1.229B
  • Beta (5Y Monthly) 0.82
  • PE Ratio (TTM) --
  • EPS (TTM) -0.7200
  • Earnings Date Aug 13, 2025
  • Forward Dividend & Yield 0.14 (7.60%)
  • Ex-Dividend Date May 28, 2025
  • 1y Target Est 3.34

Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa Oil Corp. and changed its name to Meren Energy Inc. in May 2025. The company was incorporated in 1993 and is based in Vancouver, Canada.

mereninc.com

25

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

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Performance Overview: MER.TO

Trailing total returns as of 6/2/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

MER.TO
3.79%
S&P/TSX Composite index (^GSPTSE)
7.18%

1-Year Return

MER.TO
27.16%
S&P/TSX Composite index (^GSPTSE)
18.50%

3-Year Return

MER.TO
26.94%
S&P/TSX Composite index (^GSPTSE)
25.47%

5-Year Return

MER.TO
91.63%
S&P/TSX Composite index (^GSPTSE)
71.42%

Compare To: MER.TO

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Statistics: MER.TO

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Valuation Measures

Annual
As of 5/30/2025
  • Market Cap

    1.22B

  • Enterprise Value

    1.48B

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    7.67

  • Price/Book (mrq)

    0.95

  • Enterprise Value/Revenue

    14.08

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -1.00%

  • Return on Equity (ttm)

    -25.82%

  • Revenue (ttm)

    76.4M

  • Net Income Avi to Common (ttm)

    -231.7M

  • Diluted EPS (ttm)

    -0.7200

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    428.4M

  • Total Debt/Equity (mrq)

    0.35%

  • Levered Free Cash Flow (ttm)

    212.42M

Research Analysis: MER.TO

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Company Insights: MER.TO

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