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Meren Energy Inc. Stock Price

TSX:MER Community·CA$1.2b Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 14 Fair Values set on narratives written by author

MER Share Price Performance

CA$1.85
0.01 (0.54%)
29.1% undervalued intrinsic discount
CA$2.61
Fair Value
CA$1.85
0.01 (0.54%)
29.1% undervalued intrinsic discount
CA$2.61
Fair Value
Price CA$1.85
AnalystConsensusTarget CA$2.61

MER Community Narratives

AnalystConsensusTarget·Updated
Fair Value CA$2.61 29.1% undervalued intrinsic discount

Namibia Developments Will Secure Resilient Future Production

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Recent MER News & 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.

Meren Energy Inc. Key Details

US$145.7m

Revenue

US$5.2m

Cost of Revenue

US$140.5m

Gross Profit

US$369.5m

Other Expenses

-US$229.0m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
Nov 14, 2025
Earnings per share (EPS)
-0.34
Gross Margin
96.43%
Net Profit Margin
-157.17%
Debt/Equity Ratio
0%

Meren Energy Inc. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

High growth potential with adequate balance sheet.

2 Risks
2 Rewards

About MER

Founded
1993
Employees
25
CEO
Roger Tucker
WebsiteView website
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. 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.

Market Insight

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Canadian Market Performance

  • 7 Days: 1.0%
  • 3 Months: 9.7%
  • 1 Year: 22.0%
  • Year to Date: 19.4%
Over the last 7 days, the market has risen 1.0%, driven by gains of 4.3% in the Materials sector. As for the past 12 months, the market is up 22%. Earnings are forecast to grow by 11% annually. Market details ›