YOLFTbeta
Meren Energy Inc.

Meren Energy Inc.

MER · TO · Energy / Oil & Gas E&P

1.86CAD-0.01 (-0.53%)

Price History

Full chart

Market Stats

Previous Close1.87
Open1.87
Day Range1.84 – 1.90
52-Week Range1.53 – 2.47
Volume995.83K
Market Cap1.41B
P/E (TTM)0.00
Forward P/E9.54
EPS-0.23
Dividend Yield9.84%
Beta0.40
50-Day Avg2.17
200-Day Avg2.16

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEODr. Oliver Quinn
  • Employees50
  • Headquarters666 Burrard Street, Vancouver, BC, Canada, V6C 2X8, Canada
  • Websitehttps://mereninc.com

Leadership

  • Dr. Oliver QuinnPresident, CEO & Director
  • Mr. Aldo PerraciniChief Financial Officer
  • Ms. Joanna KayChief Legal Officer & Corporate Secretary
  • Mr. Thomas HaffendenChief Human Resources Officer
  • Mr. Shahin AminiHead of Investor Relations & Communications

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue----------------------000569.70M
Cost of Revenue-31.06K6.40K---------48.00K55.00K67.00K20.00K34.00K104.00K84.00K546.00K----0438.65M
Gross Profit--31.06K-6.40K----------48.00K-55.00K-67.00K-20.00K-34.00K-104.00K-84.00K-546.00K----0131.05M
Gross Margin-------------------------23.00%
Operating Expense-73.65K72.65K---------16.19M21.27M26.39M13.30M9.47M5.96M9.26M164.46M----281.80M35.92M
Operating Income-157.73K-104.72K-79.05K-66.39K-70.72K-480.00K-962.00K-1.74M-4.04M-4.55M-5.92M-11.00M-16.24M-21.32M-26.46M-13.32M-9.50M-6.07M-9.34M-165.01M10.63M208.85M-59.20M86.90M-281.80M95.14M
Operating Margin-------------------------16.70%
EBITDA-31.36K-104.72K-79.05K-66.39K-70.72K-480.00K-962.00K-1.74M-4.04M-4.50M-5.76M973.33K-15.28K-18.15M-25.13M-14.01M-8.78M-6.07M-9.34M-11.28M-228.44M197.60M-27.00M-31.90M29.80K317.16M
EBITDA Margin-------------------------55.67%
Net Income-157.24K-106.77K-78.18K-59.29K18.11K-452.00K-783.00K1.16M-3.66M-1.36M-3.97M-10.64M-22.79M-52.66M-106.94M-87.19M-17.76M-4.53M-66.71M-143.20M-17.61M190.70M-60.30M87.10K-279.00K-32.15M
Net Income Margin--------------------------5.64%
Interest Expense--------75.46K175.53K122.70K2.47M164.00K9.21M13.00K82.00K37.00K35.00K50.00K99.00K29.34M18.27M3.50M7.60M200.00K39.28M
Interest Expense % of Total Revenue-------------------------6.89%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets45.61K10.68K317.40K88.89K115.96K2.83M5.82M25.04M35.21M94.71M177.64M304.11M559.46M987.82M950.55M1.10B1.01B1.01B953.91M812.30M910.50M991.62M917.70M966.20M615.20M1.95B
Total Liabilities340.41K395.22K274.79K93.75K34.86K348.02K36.89K358.52K10.34M5.47M8.58M28.16M39.30M57.98M153.50M108.81M29.50M32.86M31.83M45.60M156.21M43.56M87.10M71.60M66.40M1.18B
Total Equity-294.80K-384.53K42.61K-4.85K81.11K2.48M5.79M24.68M24.87M89.23M169.05M239.65M472.60M881.07M797.05M991.88M977.44M973.45M922.08M766.70M754.29M948.06M830.60M894.60M548.80M764.51M
Cash40.47K7.48K314.64K86.58K111.58K51.42K2.95M18.14M253.32K11.15M76.13M109.56M272.18M493.21M161.16M104.20M463.06M392.29M370.34M329.46M38.74M58.51M199.30M232.00M61.40M174.38M
Total Debt246.47K176.24K------4.91M2.23M1.53M--------3.27M141.69M---3.30M336.09M
Net Debt205.99K168.76K-314.64K-86.58K-111.58K-51.42K-2.95M-18.14M4.65M-8.92M-74.60M-109.56M-272.18M-493.21M-161.16M-104.20M-463.06M-392.29M-370.34M-326.20M102.95M-58.51M-199.30M-232.00M-58.10M161.71M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-79.47K-125.92K-73.10K-57.23K-62.96K-142.47K-447.57K-283.47K-1.81M-66.49K-4.53M-6.98M-8.55M-12.21M-9.86M-11.02M-4.42M-864.00K-1.95M-4.48M-5.35M-10.21M-16.30M-53.30M-40.90M339.44M
Investing Cash Flow-62.09K-----2.75M-88.18K-4.04M-22.80M-16.97M-7.87M38.75M-84.84M-207.59M-326.86M-318.93M361.59M-69.63M-19.35M-35.13M-394.27M187.70M220.20M114.70M-61.30M314.31M
Financing Cash Flow147.69K95.27K380.17K-240.56K81.58K2.83M3.43M16.97M6.88M27.95M75.45M3.49M256.97M440.86M4.96M273.39M1.77M-249.00K-568.00K-1.22M110.64M-159.12M-63.20M-29.10M-68.40M-538.46M
Capital Expenditure62.09K000000027.72M8.07M15.43M41.32M91.00K76.00K14.00K2.00K199.00K12.00K15.00K107.00K87.00K4.59M3.30M15.40M7.70M407.00K
Free Cash Flow-141.56K-125.92K-73.10K-57.23K-62.96K-142.47K-447.57K-283.47K-29.53M-8.13M-19.97M-48.31M-8.64M-12.29M-9.87M-11.03M-4.62M-876.00K-1.96M-4.59M-5.43M-14.79M-16.30M-53.30M-40.90M339.03M
Dividends Paid----------------------23.80M23.10M22.60M101.95M
FCF to OCF178.12%100.00%100.00%100.00%100.00%100.00%100.00%100.00%1633.53%12234.60%440.53%691.73%101.06%100.62%100.14%100.02%104.50%101.39%100.77%102.39%101.63%144.92%100.00%100.00%100.00%99.88%
Dividend Paid to FCF-----------------------146.01%-43.34%-55.26%30.07%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Sep 1, 2010Dec 1, 2010Mar 30, 2011May 27, 2011Aug 26, 2011Nov 22, 2011Mar 26, 2012May 28, 2012Aug 27, 2012Nov 20, 2012Mar 27, 2013May 28, 2013Aug 28, 2013Nov 27, 2013Mar 27, 2014May 15, 2014Aug 8, 2014Nov 12, 2014Feb 26, 2015May 14, 2015Aug 13, 2015Nov 16, 2015Feb 26, 2016May 13, 2016Aug 12, 2016Nov 14, 2016Feb 28, 2017May 11, 2017Aug 10, 2017Nov 14, 2017Feb 27, 2018May 10, 2018Aug 14, 2018Nov 13, 2018Mar 1, 2019May 9, 2019Aug 14, 2019Nov 14, 2019Feb 24, 2020May 8, 2020Aug 13, 2020Nov 12, 2020Mar 1, 2021May 13, 2021Aug 12, 2021Nov 15, 2021Mar 1, 2022May 12, 2022Aug 10, 2022Nov 14, 2022Feb 26, 2023May 15, 2023Aug 14, 2023Nov 14, 2023Feb 26, 2024May 15, 2024Aug 14, 2024Nov 13, 2024Feb 26, 2025May 14, 2025Aug 12, 2025Nov 13, 2025Feb 24, 2026May 12, 2026Aug 11, 2026Nov 10, 2026
EPS Estimate-------------------0.01--0.02--0.01--0.06-0.02-0.03-0.04--0.06-0.04-0.03-0.02-0.01-0.01-0.01-0.01-0.01-0.01--0.01-0.01-0.01-0.01-----0.010.11-0.03-0.010.02-0.050.050.06-0.050.050.080.08-0.070.180.040.050.100.03-0.01-0.020.020.030.020.060.06
EPS Actual-0.000.050.04-0.01-0.03-0.06-0.08-0.05-0.040.00-0.00-0.01-0.01-0.02-0.01-0.01-0.01-0.02-0.050.01-0.06-0.000.01-0.04-0.01-0.04-0.01-0.14-0.04-0.12-0.02-0.16-0.01-0.01-0.01-0.02-0.01-0.00-0.00-0.03-0.00-0.00-0.00-0.00-0.00-0.13-0.00-0.05-0.00-0.02-0.00-0.31-0.390.040.040.220.080.080.120.140.090.010.14-0.380.060.230.10-0.190.010.00-0.650.020.150.010.01-0.13-0.090.03-
Surprise-------------------400.00%--200.00%-200.00%-83.33%-100.00%66.67%-250.00%--100.00%50.00%-433.33%50.00%0.00%0.00%-100.00%0.00%58.00%54.00%-52.00%66.00%74.00%78.00%----86.00%-118.18%--1133.33%-300.00%100.00%-60.00%60.00%100.00%-80.00%-80.00%75.00%-575.00%-228.57%-44.44%-575.00%-80.00%-98.80%-2266.67%300.00%--68.50%-47.50%-533.33%-548.17%-50.00%-
Timing------------------After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hours-After-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.41B
Enterprise Value1.78B
Trailing P/E0.00
Forward P/E9.54
Price / Sales1.95
Price / Book1.49
EPS-0.23
Book Value1.49
Revenue (TTM)725.20M
Gross Profit (TTM)450.00M
EBITDA384.40M
Profit Margin-13.24%
Operating Margin39.15%
Return on Equity-11.95%
Return on Assets4.81%
Shares Outstanding676.12M
Shares Float433.40M
Beta0.40
Dividend Yield9.84%
Dividend Rate0.20
Payout Ratio101.18%

Dividends

20263×
0.05Aug 20, 20260.05May 21, 20260.05Mar 20, 2026
20254×
0.05Nov 21, 20250.05Aug 20, 20250.05May 28, 20250.05Mar 27, 2025
20242×
0.03Sep 9, 20240.03Mar 7, 2024
20232×
0.03Sep 7, 20230.04Mar 10, 2023
20222×
0.03Sep 8, 20220.03Mar 16, 2022

Stock Splits

  • Sep 22, 19991:5