Meren Energy Inc.
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Stock Performance
Price History
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Market Data
Market Cap
1.5B
P/E Ratio
-
52-Week High
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52-Week Low
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Avg Volume
-
Beta
-
Forward P/E
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Dividend Yield
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Business Overview
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.
Energy
Oil & Gas E&P
TSX
Key Financial Metrics
562.1M
Revenue
-31.6M
Net Income
C$-0.05
EPS (Diluted)
196.6M
Free Cash Flow
Profitability
Gross Margin
6.4%
Operating Margin
-0.1%
Net Profit Margin
-5.6%
EBITDA
260.4M
Returns & Efficiency
Return on Assets (ROA)
-1.6%
Return on Equity (ROE)
-4.1%
Dividend Yield
928.00%
Payout Ratio
-
Financial Health
Total Assets
2.0B
Total Debt
333.8M
Debt to Equity
0.44x
Current Ratio
0.95
Company Info
| Industry | Oil & Gas E&P |
| HQ | Vancouver, Canada |
| Employees | 50 |
| Fiscal Year End | 1767139200 |
| Currency | CAD |
| Website | mereninc.com |
Peers
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Pembina Pipeline Corporation
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35.6B
P/E: 23.0
Insider Activity
Sentiment
Bullish
Shares Bought
3,458,752
Shares Sold
0
Total Transactions
24
SEDAR+ Filings
View All Filings26
Quarterly Reports
26
MD&A
131
News Releases
9
Material Changes
1
Governance
53
Certifications
27
Other
●
2018-03-23
Interactive Charts
Company Profile
General Information
| Company Name | Meren Energy Inc. |
| Ticker | MER.TO |
| Exchange | TSX |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Headquarters | Vancouver, Canada |
| Employees | 50 |
| Fiscal Year End | 1767139200 |
| Currency | CAD |
| Website | mereninc.com |
Financial Summary
| Market Cap | 1.5B |
| Revenue | 562.1M |
| Net Income | -31.6M |
| P/E Ratio | N/A |
| EPS (Diluted) | C$-0.05 |
| Net Margin | -5.6% |
| ROE | -4.1% |
| Dividend Yield | 928.00% |
Business Description
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.