Meren Energy (MER) Stock Overview
Operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
MER Community Fair Values
Create NarrativeSee what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.
Meren Energy Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.85 |
| 52 Week High | CA$2.18 |
| 52 Week Low | CA$1.59 |
| Beta | 0.74 |
| 1 Month Change | 5.71% |
| 3 Month Change | 12.12% |
| 1 Year Change | 0.54% |
| 3 Year Change | -40.71% |
| 5 Year Change | 88.78% |
| Change since IPO | -72.59% |
Recent News & Updates
Recent updates
Namibia Developments Will Secure Resilient Future Production
Key Takeaways Strong project pipeline and disciplined capital allocation position Meren Energy for sustained revenue growth, improved margins, and long-term financial stability. Strategic partnerships and capacity expansions reduce exploration risk and support resilient cash flow through future market cycles.Exploration In Namibia And Akpo Will Secure Future Production
The merger with Prime significantly boosts Africa Oil's reserves, production, and cash flow, strengthening revenue and earnings prospects.Is Africa Oil Corp. (TSE:AOI) Trading At A 29% Discount?
Feb 02
Shareholder Returns
| MER | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -3.1% | -2.0% | 1.0% |
| 1Y | 0.5% | 13.3% | 22.0% |
Return vs Industry: MER underperformed the Canadian Oil and Gas industry which returned 13.3% over the past year.
Return vs Market: MER underperformed the Canadian Market which returned 22% over the past year.
Price Volatility
| MER volatility | |
|---|---|
| MER Average Weekly Movement | 3.4% |
| Oil and Gas Industry Average Movement | 6.6% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 19.4% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: MER has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: MER's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 25 | Roger Tucker | mereninc.com |
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. Fundamentals Summary
| MER fundamental statistics | |
|---|---|
| Market cap | CA$1.23b |
| Earnings (TTM) | -CA$319.39m |
| Revenue (TTM) | CA$203.21m |
Is MER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MER income statement (TTM) | |
|---|---|
| Revenue | US$145.70m |
| Cost of Revenue | US$5.20m |
| Gross Profit | US$140.50m |
| Other Expenses | US$369.50m |
| Earnings | -US$229.00m |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
Nov 14, 2025
| Earnings per share (EPS) | -0.34 |
| Gross Margin | 96.43% |
| Net Profit Margin | -157.17% |
| Debt/Equity Ratio | 0% |
How did MER perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 21:38 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Meren Energy Inc. is covered by 42 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anders Holte | ABG Sundal Collier |
| Lydia Rainforth | Barclays |
| Matthew Cooper | Barclays |