Meren Energy Inc. (TSX:MER)

Canada flag Canada · Delayed Price · Currency is CAD
2.340
-0.010 (-0.43%)
May 21, 2026, 12:49 PM EST
Market Cap1.59B +30.7%
Revenue (ttm)785.03M +636.1%
Net Income-174.06M
EPS-0.26
Shares Out676.12M
PE Ration/a
Forward PE7.05
Dividend0.20 (8.68%)
Ex-Dividend DateMay 21, 2026
Volume214,113
Average Volume706,957
Open2.340
Previous Close2.350
Day's Range2.330 - 2.360
52-Week Range1.610 - 2.575
Beta0.38
RSI47.02
Earnings DateMay 12, 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. [Read more]

Sector Energy
Founded 1993
Employees 50
Stock Exchange Toronto Stock Exchange
Ticker Symbol MER
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

News

Meren Energy Inc (MRNFF) Q1 2026 Earnings Call Highlights: Strong Operational Performance Amid ...

Meren Energy Inc (MRNFF) Q1 2026 Earnings Call Highlights: Strong Operational Performance Amid Financial Challenges

7 days ago - GuruFocus

Meren Energy Earnings Call Transcript: Q1 2026

Q1 2026 saw strong operational and financial performance, with Nigerian assets outperforming, EBITDA of $100 million, and enhanced liquidity following RBL refinancing. Drilling campaigns and growth projects are on track, with robust dividends and disciplined capital allocation continuing.

8 days ago - Transcripts

Meren Energy Earnings release: Q1 2026

Meren Energy released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.

8 days ago - Filings

Meren Energy Slides: Q1 2026

Meren Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.

8 days ago - Filings

Meren Energy downgraded to Hold from Buy at Fearnley

Fearnley downgraded Meren Energy (MRNFF) to Hold from Buy.

2 months ago - TheFly

Meren Energy Earnings Call Transcript: Q4 2025

Prime consolidation doubled reserves and production, while $420 million in debt was repaid and $108 million returned to shareholders. 2025 EBITDAX reached $441 million, with strong liquidity and a robust hedging program supporting resilience amid oil price volatility.

3 months ago - Transcripts

Meren Energy Annual report: Q4 2025

Meren Energy has published its Q4 2025 annual report on February 25, 2026.

3 months ago - Filings

Meren Energy Earnings release: Q4 2025

Meren Energy released its Q4 2025 earnings on February 25, 2026, summarizing the period's financial results.

3 months ago - Filings

Meren Energy Slides: Q4 2025

Meren Energy has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 25, 2026.

3 months ago - Filings

Water Tower Research Publishes Initiation of Coverage Report on Meren Energy, Inc., “West Africa Asset Base Supports Cash Returns with Funded Upside Exposure”

February 10, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Meren Energy, Inc. (TSX: MER) titled, “West Africa Asset Bas...

3 months ago - TheNewswire

Meren Energy Slides: Corporate presentation

Meren Energy has posted slides in relation to its latest quarterly earnings report, which was published on January 22, 2026.

4 months ago - Filings

Meren Energy Earnings Call Transcript: Q3 2025

Q3 saw robust financial performance, strong shareholder returns, and significant debt reduction. Production remained steady, with future growth expected from infill drilling and major projects in Nigeria, Namibia, and Equatorial Guinea.

6 months ago - Transcripts

Meren Energy Earnings release: Q3 2025

Meren Energy released its Q3 2025 earnings on November 17, 2025, summarizing the period's financial results.

6 months ago - Filings

Meren Energy Slides: Q3 2025

Meren Energy has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 17, 2025.

6 months ago - Filings

Meren Energy Earnings Call Transcript: Q2 2025

Delivered strong H1 results with $248M EBITDA and $267M cash, while repaying $270M in debt and distributing $75M in dividends. Production guidance was tightened, and capital discipline maintained amid oil price volatility.

10 months ago - Transcripts

Meren Energy Earnings release: Q2 2025

Meren Energy released its Q2 2025 earnings on August 14, 2025, summarizing the period's financial results.

10 months ago - Filings

Meren Energy Slides: Q2 2025

Meren Energy has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on August 14, 2025.

10 months ago - Filings

Tullow, Meren Energy merger talks have collapsed, Sky reports

Merger talks involving Tullow Oil (TUWOY) and Meren Energy (AOIFF) have collapsed, Mark Kleinman of Sky News reports. Discussions about a tie-up were progressing as recently as this month but…

1 year ago - TheFly