Meren Energy Inc. (TSX:MER)

Market Cap	1.48B +78.9%
Revenue (ttm)	770.71M
Net Income	-43.33M
EPS	-0.07
Shares Out	675.91M
PE Ratio	n/a
Forward PE	13.22
Dividend	0.20 (9.30%)
Ex-Dividend Date	Mar 20, 2026

Volume	1,312,951
Average Volume	986,204
Open	2.200
Previous Close	2.219
Day's Range	2.150 - 2.215
52-Week Range	1.590 - 2.400
Beta	0.48
RSI	50.38
Earnings Date	Feb 24, 2026

About Meren Energy

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.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 1993
• Employees: 50
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: MER

Financial Performance

Financial numbers in USD