MEREN ENERGY INC (MER.CA) Stock Price & Overview
TSX:MER • CA5889141019
Current stock price
The current stock price of MER.CA is 2.19 CAD. Today MER.CA is down by -3.52%. In the past month the price decreased by -3.95%.
MER.CA Key Statistics
- Market Cap
- 1.48B
- P/E
- 21.90
- Fwd P/E
- 10.37
- EPS (TTM)
- 0.10
- Dividend Yield
- 2.99%
MER.CA Stock Performance
MER.CA Stock Chart
MER.CA Technical Analysis
ChartMill assigns a technical rating of 5 / 10 to MER.CA.
MER.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to MER.CA. MER.CA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.
MER.CA Earnings
On February 24, 2026 MER.CA reported an EPS of -0.13 and a revenue of 199.70M. The company missed EPS expectations (-421.78% surprise) and beat revenue expectations (0.88% surprise).
MER.CA Forecast & Estimates
9 analysts have analysed MER.CA and the average price target is 3.12 CAD. This implies a price increase of 42.54% is expected in the next year compared to the current price of 2.19.
For the next year, analysts expect an EPS growth of 231.86% and a revenue growth 185.26% for MER.CA
MER.CA Groups
Sector & Classification
MER.CA Financial Highlights
Over the last trailing twelve months MER.CA reported a non-GAAP Earnings per Share(EPS) of 0.1. The EPS increased by 97.57% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -1.62% | ||
| ROE | -4.13% | ||
| Debt/Equity | 0.35 |
MER.CA Ownership
MER.CA Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| CNQ | CANADIAN NATURAL RESOURCES | 23.21 | 140.483B | ||
| TOU | TOURMALINE OIL CORP | 15.96 | 26.914B | ||
| WCP | WHITECAP RESOURCES INC | 19.08 | 18.123B | ||
| ARX | ARC RESOURCES LTD | 14.36 | 16.632B | ||
| SGY-DB-B | SURGE ENERGY INC | 775.16 | 10.576B | ||
| SCR | STRATHCONA RESOURCES LTD | 29.02 | 8.424B | ||
| PSK | PRAIRIESKY ROYALTY LTD | 37.87 | 7.684B | ||
| PEY | PEYTO EXPLORATION & DEV CORP | 12.73 | 5.843B | ||
| TVE | TAMARACK VALLEY ENERGY LTD | 38.34 | 5.451B | ||
| TPZ | TOPAZ ENERGY CORP | 59.67 | 4.975B | ||
| ATH | ATHABASCA OIL CORP | 30.17 | 4.681B | ||
| POU | PARAMOUNT RESOURCES LTD -A | 49.29 | 4.334B | ||
| BTE | BAYTEX ENERGY CORP | 82.87 | 4.248B |
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About MER.CA
Company Profile
Meren Energy, Inc. is an oil and gas company, which engages in the acquisition, exploration, development, and production associated with oil and gas assets. The company is headquartered in Vancouver, British Columbia and currently employs 50 full-time employees. Its main assets are producing and developing assets in deepwater Nigeria operated by Majors. The firm 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. The company 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. The company has indirect interests in Block 2912 and Block 2913B through a 39.5% shareholding in its investee company, Impact Oil & Gas Limited. The firm holds 80% operating interests in each block, EG-18 and EG-31. The company holds a direct non-operated 18.0% interest in Block 3B/4B.
Company Info
IPO: 1996-01-03
MEREN ENERGY INC
c/o Suite 2500, 666 Burrard Street,
Vancouver BRITISH COLUMBIA CA
Employees: 50
Phone: 16046897842.0
MEREN ENERGY INC / MER.CA FAQ
Can you describe the business of MEREN ENERGY INC?
Meren Energy, Inc. is an oil and gas company, which engages in the acquisition, exploration, development, and production associated with oil and gas assets. The company is headquartered in Vancouver, British Columbia and currently employs 50 full-time employees. Its main assets are producing and developing assets in deepwater Nigeria operated by Majors. The firm 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. The company 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. The company has indirect interests in Block 2912 and Block 2913B through a 39.5% shareholding in its investee company, Impact Oil & Gas Limited. The firm holds 80% operating interests in each block, EG-18 and EG-31. The company holds a direct non-operated 18.0% interest in Block 3B/4B.
What is the stock price of MEREN ENERGY INC today?
The current stock price of MER.CA is 2.19 CAD. The price decreased by -3.52% in the last trading session.
Does MER stock pay dividends?
MEREN ENERGY INC (MER.CA) has a dividend yield of 2.99%. The yearly dividend amount is currently 0.25.
What is the ChartMill technical and fundamental rating of MER stock?
MER.CA has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
Where is MEREN ENERGY INC (MER.CA) stock traded?
MER.CA stock is listed on the Toronto Stock Exchange exchange.
Can you provide the market cap for MEREN ENERGY INC?
MEREN ENERGY INC (MER.CA) has a market capitalization of 1.48B CAD. This makes MER.CA a Small Cap stock.
Can you provide the upcoming earnings date for MEREN ENERGY INC?
MEREN ENERGY INC (MER.CA) will report earnings on 2026-05-12.