- CA$1.20bn
- CA$1.46bn
- 33
- 72
- 80
- 66
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 4.26 | ||
| PEG Ratio (f) | n/a | ||
| EPS Growth (f) | -3.96% | ||
| Dividend Yield (f) | 12.44% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 0.94 | ||
| Price to Tang. Book | 0.94 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 11.35 | ||
| EV to EBITDA | n/a | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | -11.62% | ||
| Return on Equity | -25.82% | ||
| Operating Margin | -297.77% | ||
Financial Summary
| Year End 31st Dec | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $m | n/a | n/a | n/a | n/a | n/a | 594.33 | 638.17 | n/a |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | n/a | -4.79 | -41.8 | +35.76 | +11.08 | -17.87 | +7.99 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Meren Energy Inc. is a full-cycle independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea. Its main assets are producing and developing assets in deepwater Nigeria operated by Majors. The Company holds a position in the Orange Basin, including its interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa. It has a direct interest in producing assets in Nigeria's deepwater Niger Delta Basin. The main assets of the Company are a direct 8% WI in PML 52 and a direct 32% WI in PMLs 2, 3 and 4 as well as PPL 261. PML 52 is operated by affiliates of Chevron and covers part of the producing Agbami field. It has indirect interests in Block 2912 and Block 2913B through a 39.5% shareholding in its investee company, Impact Oil & Gas Limited. The Company holds 80% operating interests in each block, EG-18 and EG-31. It holds a direct non-operated 18.0% interest in Block 3B/4B.
Directors
- Address
- c/o Suite 2500, 666 Burrard Street,, VANCOUVER, V6C 2X8
- Web
- https://mereninc.com/
- Phone
- +1 6046897842
- Auditors
- PricewaterhouseCoopers LLP
Upcoming Events for MER
Q3 2025 Africa Oil Corp Earnings Release
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FAQ
What is the Meren Energy share price?
As of Today at 13:02 UTC, shares in Meren Energy are trading at CA$1.77. This share price information is delayed by 15 minutes.
How has the Meren Energy share price performed this year?
Shares in Meren Energy last closed at CA$1.77 and the price had moved by -23.04% over the past 365 days. In terms of relative price strength the Meren Energy share price has underperformed the Toronto Stock Exchange 300 Composite Index by -36.69% over the past year.
What are the analyst and broker recommendations for Meren Energy?
The overall consensus recommendation for Meren Energy is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreWhat is the Meren Energy dividend yield?
The Meren Energy dividend yield is 6.78% based on the trailing twelve month period.
Does Meren Energy pay a dividend?
Last year, Meren Energy paid a total dividend of $0.09, and it currently has a trailing dividend yield of 6.78%. We do not have any data on when Meren Energy is to next pay dividends.
When does Meren Energy next pay dividends?
We do not have data on when Meren Energy is to next pay dividends. The historic dividend yield on Meren Energy shares is currently 6.78%.
How do I buy Meren Energy shares?
To buy shares in Meren Energy you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Meren Energy?
As of the previous close price of CA$1.77, shares in Meren Energy had a market capitalisation of CA$1.20bn.
Where are Meren Energy shares listed?
Here are the trading details for Meren Energy:
- Country of listing: Canada
- Exchange: TOR
- Ticker Symbol: MER
What kind of share is Meren Energy?
Based on an overall assessment of its quality, value and momentum Meren Energy is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Meren Energy share price forecast for 2025?
The analyst consensus target price for shares in Meren Energy is CA$3.31. That is 86.92% above the last closing price of CA$1.77.
Analysts covering Meren Energy currently have a consensus Earnings Per Share (EPS) forecast of $0.29 for the next financial year.
Find out moreWhat is the trend in the Meren Energy share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Meren Energy. Over the past six months, its share price has underperformed the Toronto Stock Exchange 300 Composite Index by -12.97%.
As of the last closing price of CA$1.77, shares in Meren Energy were trading -5.35% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Meren Energy PE Ratio?
The Meren Energy PE ratio based on its reported earnings over the past 12 months is 4.26. The shares last closed at CA$1.77.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Meren Energy?
Meren Energy's management team is headed by:
- John Craig - NEC
- Keith Hill - PRE
- Pascal Nicodeme - CFO
- Timothy Thomas - COO
- Mark Dingley - VOP
- Paul Martinez - VPR
- Ian Gibbs - DRC
- Andrew Bartlett - IND
- Gary Guidry - IND
- Erin Johnston - IND
- Kimberley Wood - IND