Meren Energy Future Growth
Future criteria checks 3/6
Meren Energy is forecast to grow earnings and revenue by 62.4% and 0.4% per annum respectively. EPS is expected to grow by 69.3% per annum. Return on equity is forecast to be 17.7% in 3 years.
Key information
62.4%
Earnings growth rate
69.26%
EPS growth rate
| Oil and Gas earnings growth | 10.2% |
| Revenue growth rate | 0.4% |
| Future return on equity | 17.65% |
| Analyst coverage | Low |
| Last updated | 01 Jun 2026 |
Recent future growth updates
Recent updates
MER: Hold Downgrade And CEO Transition Will Shape A Measured Execution Test
Analysts have trimmed their price target on Meren Energy slightly to about CA$2.50 from CA$2.49, reflecting updated views on profit margin assumptions and a much higher future P/E multiple following a recent downgrade to Hold. Analyst Commentary Bullish Takeaways Bullish analysts view the modest trim in the target price to about CA$2.50 as leaving some room for upside if Meren Energy can deliver on profit margin assumptions now embedded in the Hold rating.MER: Hold Downgrade And CEO Transition Will Shape A More Cautious Outlook
Meren Energy's analyst price target has been revised to CA$2.49 from CA$2.61. Analysts cite updated fair value and discount rate assumptions, more moderate revenue growth and profit margin expectations, a higher future P/E, and the recent downgrade to Hold as key drivers of the change.Meren Energy's (TSE:MER) Solid Earnings Have Been Accounted For Conservatively
Meren Energy Inc.'s ( TSE:MER ) solid earnings announcement recently didn't do much to the stock price. We did some...Namibia Developments Will Secure Resilient Future Production
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).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.Is Africa Oil Corp. (TSE:AOI) Trading At A 29% Discount?
Key Insights Africa Oil's estimated fair value is CA$3.52 based on 2 Stage Free Cash Flow to Equity Africa Oil's...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 627 | 149 | 163 | 250 | 3 |
| 12/31/2027 | 682 | 142 | 126 | 311 | 4 |
| 12/31/2026 | 652 | 165 | 133 | 259 | 3 |
| 3/31/2026 | 598 | -125 | 128 | 209 | N/A |
| 12/31/2025 | 560 | -32 | 197 | 273 | N/A |
| 9/30/2025 | 362 | 65 | 127 | 184 | N/A |
| 6/30/2025 | 146 | -229 | -11 | 26 | N/A |
| 3/31/2025 | 76 | -232 | -10 | -3 | N/A |
| 12/31/2024 | N/A | -279 | -56 | -48 | N/A |
| 9/30/2024 | N/A | -374 | -45 | -37 | N/A |
| 6/30/2024 | N/A | -38 | -41 | -31 | N/A |
| 3/31/2024 | N/A | 69 | -59 | -46 | N/A |
| 12/31/2023 | N/A | 87 | -69 | -53 | N/A |
| 9/30/2023 | N/A | -6 | -63 | -47 | N/A |
| 6/30/2023 | N/A | 17 | -59 | -46 | N/A |
| 3/31/2023 | N/A | -84 | -36 | -26 | N/A |
| 12/31/2022 | N/A | -60 | -19 | -15 | N/A |
| 9/30/2022 | N/A | 177 | -22 | -18 | N/A |
| 6/30/2022 | N/A | 165 | -19 | -16 | N/A |
| 3/31/2022 | N/A | 197 | -19 | -13 | N/A |
| 12/31/2021 | N/A | 191 | -15 | -11 | N/A |
| 9/30/2021 | N/A | 216 | -15 | -10 | N/A |
| 6/30/2021 | N/A | 178 | -19 | -12 | N/A |
| 3/31/2021 | N/A | 159 | -20 | -10 | N/A |
| 12/31/2020 | N/A | -18 | -26 | -5 | N/A |
| 9/30/2020 | N/A | -244 | -34 | -8 | N/A |
| 6/30/2020 | N/A | -265 | -39 | -6 | N/A |
| 3/31/2020 | N/A | -294 | -37 | -5 | N/A |
| 12/31/2019 | N/A | -157 | N/A | -4 | N/A |
| 9/30/2019 | N/A | -29 | N/A | -2 | N/A |
| 6/30/2019 | N/A | -29 | N/A | 0 | N/A |
| 3/31/2019 | N/A | -66 | N/A | -1 | N/A |
| 12/31/2018 | N/A | -67 | N/A | -2 | N/A |
| 9/30/2018 | N/A | -49 | N/A | 0 | N/A |
| 6/30/2018 | N/A | -50 | N/A | -1 | N/A |
| 3/31/2018 | N/A | -4 | N/A | 0 | N/A |
| 12/31/2017 | N/A | -5 | N/A | -1 | N/A |
| 9/30/2017 | N/A | -15 | N/A | -2 | N/A |
| 6/30/2017 | N/A | -16 | N/A | -2 | N/A |
| 3/31/2017 | N/A | -16 | N/A | -3 | N/A |
| 12/31/2016 | N/A | -18 | N/A | -4 | N/A |
| 9/30/2016 | N/A | -86 | N/A | -9 | N/A |
| 6/30/2016 | N/A | -88 | N/A | -11 | N/A |
| 3/31/2016 | N/A | -90 | N/A | -11 | N/A |
| 12/31/2015 | N/A | -87 | N/A | -11 | N/A |
| 9/30/2015 | N/A | -62 | N/A | -8 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MER is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3%).
Earnings vs Market: MER is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MER is expected to become profitable in the next 3 years.
Revenue vs Market: MER's revenue (0.4% per year) is forecast to grow slower than the Canadian market (4.9% per year).
High Growth Revenue: MER's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MER's Return on Equity is forecast to be low in 3 years time (17.7%).
Discover growth companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/19 14:16 |
| End of Day Share Price | 2026/06/19 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 33 analysts. 4 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 |
|---|---|
| Alessandro Pozzi | Barclays |
| Matthew Cooper | Barclays |
| Lydia Rainforth | Barclays |