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Meren Energy Inc. (MRNFF)

1.4400 0.0000 (0.00%)
At close: November 3 at 4:00:00 PM EST
Chart Range Bar
Loading chart for MRNFF
  • Previous Close 1.4400
  • Open 1.4400
  • Bid 1.4400 x 511000
  • Ask 1.4500 x 1630000
  • Day's Range 1.4400 - 1.4400
  • 52 Week Range 1.1900 - 1.8500
  • Volume 1,890
  • Avg. Volume 304,512
  • Market Cap (intraday) 973.606M
  • Beta (5Y Monthly) 0.36
  • PE Ratio (TTM) --
  • EPS (TTM) -0.1600
  • Earnings Date Nov 10, 2026
  • Forward Dividend & Yield 0.15 (10.31%)
  • 1y Target Est --
  • Zacks Rating Neutral

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.

mereninc.com

50

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Oil & Gas E&P

Industry

Performance Overview

Trailing total returns as of 11/3/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

MRNFF
16.66%
S&P/TSX Composite index (^GSPTSE)
11.50%

1-Year Return

MRNFF
18.46%
S&P/TSX Composite index (^GSPTSE)
17.42%

3-Year Return

MRNFF
9.90%
S&P/TSX Composite index (^GSPTSE)
79.23%

5-Year Return

MRNFF
14.35%
S&P/TSX Composite index (^GSPTSE)
67.09%

Earnings Trends

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Earnings Per Share

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 196.7M
Earnings 31.8M
Profit Margin 16.17%

Q2

FY25

Q3

FY25

Q4

FY25

Q2

FY26

0
100M
200M
-40.0%
-20.0%
0.0%

Statistics

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Valuation Measures

Annual
As of 10/30/2026
  • Market Cap

    966.98M

  • Enterprise Value

    1.20B

  • Trailing P/E

    --

  • Forward P/E

    8.66

  • PEG Ratio (current)

    --

  • Price/Sales (ttm)

    1.43

  • Price/Book (mrq)

    1.48

  • Enterprise Value/Revenue

    1.65

  • Enterprise Value/EBITDA

    4.42

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -13.24%

  • Return on Assets (ttm)

    4.81%

  • Return on Equity (ttm)

    -11.95%

  • Revenue (ttm)

    725.2M

  • Net Income Avi to Common (ttm)

    -96M

  • Diluted EPS (ttm)

    -0.1600

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    77.7M

  • Total Debt/Equity (mrq)

    41.56%

  • Levered Free Cash Flow (ttm)

    140.2M

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