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 Inc. (MER) operate in?
Meren Energy Inc. belongs to the Other sector and operates in the Oil & Gas E&P industry.
What is Meren Energy Inc. (MER) current stock price?
As of the latest data, Meren Energy Inc. stock price is CA$2.15, with a previous close of CA$2.14. Meren Energy Inc. gained CA$0.01 in the last trading session, representing a 0.47% increase.
What is Meren Energy Inc. (MER) current market capitalization?
Meren Energy Inc. market cap is approximately 1.45 billion.
What is Meren Energy Inc. (MER) Earnings Per Share (EPS)?
The trailing EPS is -CA$0.22, and the forward EPS is CA$0.27.
What is Meren Energy Inc. (MER) EBITDA?
Meren Energy Inc. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 173.98 million.
Does Meren Energy Inc. (MER) pay dividends?
Yes. Meren Energy Inc. pays quarterly dividends with an annualized yield of 9.68% and an estimated annual payout of CA$0.15 per share.
When is the next ex-dividend date for Meren Energy Inc. (MER)?
The next ex-dividend date is scheduled for November 19, 2026.
How did Meren Energy Inc. (MER) perform in its most recent earnings report?
In the last report (June 30, 2026), Meren Energy Inc. posted an EPS surprise of -50% and a revenue surprise of 63.58%.
When is Meren Energy Inc. (MER) next earnings report?
Meren Energy Inc. is expected to release its next earnings report on September 30, 2026.
What is Meren Energy Inc. (MER) beta (volatility) score?
Meren Energy Inc. has a beta of 0.452, indicating lower volatility than the overall market.
