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Meren Energy(TSX) MER

Market CapCA$1.37BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1996)-62%
5 Year+109%
1 Year+26%
1 Month+5%
CA$2.02
+0.00%
+0.00Today
Meren Energy last closing stock price
MetricPriceDate
Last closeCAD 2.022026-07-31
Meren Energy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.88%CAD 2.082026-07-24
1 month+4.66%CAD 1.932026-06-30
3 month-15.72%CAD 2.402026-05-01
Year to date+17.35%CAD 1.722025-12-31
1 year+25.92%CAD 1.602025-07-31
3 year-21.37%CAD 2.572023-08-01
5 year+108.78%CAD 0.972021-07-30
Since inception-61.96%CAD 5.311996-01-03

Meren Energy Financials at a Glance

Market Cap

CA$1.37BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$598.96M

Net Income (TTM)

-$125.40M

EPS (TTM)

-CA$0.26

P/E Ratio

-7.89

Dividend

CA$0.21

Beta (Volatility)

1.02 (Average)

Price

CA$2.02

Volume

298,699

Open

CA$2.03

Previous Close

CA$2.02

Daily Range

CA$2.02 - CA$2.05

52-Week Range

CA$1.65 - CA$2.58

Estimated Earnings Date

Aug 11, 2026

MER News

No articles available.

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About Meren Energy

Meren Energy Inc. is an oil and gas exploration and production company operating primarily in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company focuses on developing and producing oil and gas assets, leveraging its strategic position in deepwater Nigeria and a diverse portfolio across West and Southern Africa.

Products and Services
  • Exploration and production of oil and gas
  • Development of deepwater assets in Nigeria
  • Portfolio management of African energy resources
Growth Outlook
  • Recent quarterly revenue reached USD 112.4 million, indicating strong operational performance
  • Significant cash flow from operations of USD 74.1 million in Q4 2025
  • Strategic investments in exploration assets expected to enhance future production
Financial Highlights
  • Trailing twelve months (TTM) revenue of USD 693 million, showcasing robust growth
  • Dividend yield of 10.15%, reflecting strong shareholder returns
  • Operating income margin of 21.87% in Q1 2026, indicating operational efficiency
Meren Energy Inc. has established itself as a key player in the oil and gas sector, particularly in the African market. The company's focus on deepwater exploration and production positions it well for future growth, especially given the increasing global demand for energy resources. Recent financial performance highlights a strong revenue trajectory, with significant cash flow generation that supports ongoing operational and capital investment strategies. The attractive dividend yield further enhances the investment appeal, making Meren Energy Inc. a noteworthy consideration for those interested in the energy sector.
AI Generated • Jul 29, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

50

CEO

Oliver Quinn, PhD

Website

mereninc.com

Headquarters

Vancouver, BC V6C 2X8, CA

MER Financials

Key Financial Metrics (TTM)

Gross Margin

25.94%

Operating Margin

20.41%

Net Income Margin

-20.94%

Return on Equity

-15.45%

Return on Capital

8.64%

Return on Assets

-6.35%

Earnings Yield

-12.67%

Dividend Yield

10.20%

Payout Ratio

-80.22%

Stock Overview

Market Cap

CA$1.37BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

676.12M

Volume

298.70K

Avg. Volume

693.59K

Financials (TTM)

Gross Profit

$155.39M

Operating Income

$122.25M

EBITDA

$370.05M

Operating Cash Flow

$198.18M

Capital Expenditure

-$52.20M

Free Cash Flow

$145.98M

Cash & ST Invst.

$161.71M

Total Debt

$373.86M

Meren Energy Performance Analysis

Meren Energy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 0N/A
20232023-12-31USD 0N/A
20242024-12-31USD 0N/A
20252025-12-31USD 782,341,868N/A
Meren Energy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-9.3%
Q32025-09-30212.7%
Q42025-12-31-7.5%
Q12026-03-31-43.9%
Meren Energy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.17N/A
20232023-12-31USD 0.25N/A
20242024-12-31USD -0.85N/A
20252025-12-31USD -0.07-91.7%
Meren Energy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-95.9%
Q32025-09-3066.7%
Q42025-12-31-1966.7%
Q12026-03-3156.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$112.43M

+47.2%

Gross Profit

$32.36M

+147.0%

Gross Margin

28.78%

N/A

Market Cap

CA$1.37BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$27.32M

N/A

Employees

50

N/A

Net Income

-$41.51M

-181.5%

EBITDA

$76.33M

+11.4%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$161.71M

-62.3%

Total Debt

$373.86M

-8.7%

Accounts Receivable

$135.70M

-36.0%

Inventory

$98.87M

+4.3%

Long Term Debt

$372.96M

-8.8%

Short Term Debt

$900.64K

+28.7%

Return on Assets

-6.35%

N/A

Return on Invested Capital

7.38%

N/A

Free Cash Flow

-$33.05M

-200.8%

Operating Cash Flow

-$33.05M

-190.8%

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Questions About MER

What is the current price of Meren Energy?

Meren Energy is trading at CA$2.02 per share.

What is the 52-week range for Meren Energy?

Over the past 52 weeks, Meren Energy has traded between CA$1.65 and CA$2.58.

How much debt does Meren Energy have?

As of the most recent reporting period, Meren Energy reported total debt of $521.38M.

How much cash does Meren Energy have on hand?

Meren Energy reported $225.52M in cash and cash equivalents in its most recent financial results.

What is Meren Energy’s dividend yield?

Meren Energy currently has a dividend yield of 10.20%.

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