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.
Frequently asked questions
What sector does Meren Energy (MER) operate in?
Meren Energy belongs to the Other sector and operates in the Oil & Gas E&P industry.
What is Meren Energy (MER) current stock price?
As of the latest data, Meren Energy stock price is SEK 15.20, with a previous close of SEK 15.20.
What is Meren Energy (MER) current market capitalization?
Meren Energy market cap is approximately 10.28 billion.
What is Meren Energy (MER) Earnings Per Share (EPS)?
The trailing EPS is -SEK 1.58, and the forward EPS is SEK 0.21.
What is Meren Energy (MER) EBITDA?
Meren Energy EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 1.20 billion.
Does Meren Energy (MER) pay dividends?
Yes. Meren Energy pays quarterly dividends with an annualized yield of 9.72% and an estimated annual payout of SEK 0.15 per share.
When is the next ex-dividend date for Meren Energy (MER)?
The next ex-dividend date is scheduled for November 19, 2026.
How did Meren Energy (MER) perform in its most recent earnings report?
In the last report (June 30, 2026), Meren Energy posted an EPS surprise of -50% and a revenue surprise of 1,037.29%.
When is Meren Energy (MER) next earnings report?
Meren Energy is expected to release its next earnings report on September 30, 2026.
What is Meren Energy (MER) beta (volatility) score?
Meren Energy has a beta of 0.401, indicating lower volatility than the overall market.