Meren Energy

Namibia Developments Will Secure Resilient Future Production

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

27 Aug 25

Updated

14 Sep 25

n/a

AnalystConsensusTarget's Fair Value

n/a

-3.2%

4.5%

-3.2%

4.5%

You can edit this narrative until Sep 15 10:20 AM. Then, changes will post as Updates.

Author's Valuation

CA$2.6129.5% undervalued

AnalystConsensusTarget Fair Value

Narrative

Updates1

Shared on 14 Sep 25

Fair value Decreased 8.61%

The downward revision in Meren Energy’s price target reflects a marked deterioration in growth expectations alongside a higher valuation multiple, with the consensus fair value now at CA$2.61. What's in the News Merger talks between Tullow Oil and Meren Energy have collapsed after progressing as recently as June 2025; the reasons for the failed discussions remain unclear (Sky News/Key Developments).

AnalystConsensusTarget Fair Value

CA$2.61

29.5% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

4.72%

Oil and Gas revenue growth rate

1.20%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

6.12%

Calculation

US$321.07m

Earnings '28

10.37x

PE Ratio '28

US$3.33b

Market Cap '28

US$3.33b

Market Cap '28

1.48b

No. shares '28

US$2.24

Share Price '28

US$2.24 Share Price '28

Discounted to 2025 @ 5.98% p.a.

US$1.88

Fair Value '25

US$1.88 Fair Value '25

Converted to CAD @ 1.3846 USD/CAD Exchange Rate

CA$2.60

Fair Value '25