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Meren Energy Stock Price

Symbol: TSX:MERMarket Cap: CA$1.2bCategory: Energy

MER Share Price Performance

CA$1.78
-0.32 (-15.24%)
37.7% undervalued intrinsic discount
CA$2.86
Fair Value
CA$1.78
-0.32 (-15.24%)
37.7% undervalued intrinsic discount
CA$2.86
Fair Value
Price CA$1.78
AnalystConsensusTarget CA$2.86

MER Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget·Updated
Fair Value CA$2.86 37.7% undervalued intrinsic discount

Exploration In Namibia And Akpo Will Secure Future Production

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MER Community Fair Values

Recent MER News & Updates

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Meren Energy Inc. Key Details

US$76.4m

Revenue

US$51.2m

Cost of Revenue

US$25.2m

Gross Profit

US$256.9m

Other Expenses

-US$231.7m

Earnings

Last Reported Earnings
Mar 31, 2025
Next Reporting Earnings
Aug 13, 2025
Earnings per share (EPS)
-0.34
Gross Margin
32.98%
Net Profit Margin
-303.27%
Debt/Equity Ratio
0%

Meren Energy Inc. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

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.

Canadian Market Performance

  • 7 Days: -1.3%
  • 3 Months: 7.7%
  • 1 Year: 18.6%
  • Year to Date: 8.7%
Over the last 7 days, the market has dropped 1.3%, driven by a decline of 2.1% in the Financials sector. In the last year, the market is actually up 19%. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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