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Meren Energy Inc. Stock Price

TSX:MER Community·CA$1.6b Market Cap
  • 2 Narratives written by author
  • 0 Comments on narratives written by author
  • 28 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

MER Share Price Performance

CA$2.30
0.52 (29.21%)
​
CA$2.50
Fair Value
CA$2.30
0.52 (29.21%)
8.0% undervalued intrinsic discount
CA$2.50
Fair Value
Price CA$2.30
AnalystConsensusTarget CA$2.50
AnalystLowTarget CA$2.50
Thu, 3 Sep 26
Fair ValueCA$2.50
Share Pricen/a

MER Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value CA$2.5 8.0% undervalued intrinsic discount

Namibia Developments Will Secure Resilient Future Production

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8users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value CA$2.5 8.0% undervalued intrinsic discount

Deepwater Drilling And Hedging Risks Will Shape Future Cash Flows And Modest Upside Potential

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
MER logo
Meren Energy
8.0% undervalued intrinsic discount

Namibia Developments Will Secure Resilient Future Production

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AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 3 Sep
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Meren Energy
8.0% undervalued intrinsic discount

Deepwater Drilling And Hedging Risks Will Shape Future Cash Flows And Modest Upside Potential

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AN
AnalystLowTarget
AnalystLowTarget
Published 14 Aug
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Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystConsensusTarget
MER logo

MER: 2026 Guidance And Sector Downgrade Will Test Long-Term Patience

Fair Value: CA$2.5 8.0% undervalued intrinsic discount
8 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
MER logo

Deepwater Drilling And Hedging Risks Will Shape Future Cash Flows And Modest Upside Potential

Fair Value: CA$2.5 8.0% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Undervalued with adequate balance sheet.

1 Risk
3 Rewards
View Full Analysis

Meren Energy Inc. Key Details

US$725.2m

Revenue

US$275.2m

Cost of Revenue

US$450.0m

Gross Profit

US$546.0m

Other Expenses

-US$96.0m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
Nov 11, 2026
-0.14
62.05%
-13.24%
41.1%
View Full Analysis

About MER

Founded
1993
Employees
50
CEO
Oliver Quinn
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 deepwater 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.

Recent MER News & Updates

User avatar
Narrative Update • Sep 03

MER: 2026 Guidance And Sector Downgrade Will Test Long-Term Patience

The analyst price target for Meren Energy has been revised slightly lower to CA$2.50. Analysts attribute this change primarily to a later expected production inflection around first oil from Venus in 2030.
User avatar
New Narrative • Aug 14

Deepwater Drilling And Hedging Risks Will Shape Future Cash Flows And Modest Upside Potential

Catalysts About Meren Energy Meren Energy is an oil and gas producer with low cost offshore production in Nigeria and growth projects in Namibia, South Africa and Equatorial Guinea. What are the underlying business or industry changes driving this perspective?

Recent updates

No updates

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