MEREN ENERGY INC (MER.CA) Stock Price, Forecast & Analysis
Canada • Toronto Stock Exchange • TSX:MER • CA5889141019
MER.CA Key Statistics, Chart & Performance
The current stock price of MER.CA is 2.15 CAD. In the past month the price increased by 20.11%.
MER.CA Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to MER.CA.
MER.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to MER.CA. While MER.CA seems to be doing ok healthwise, there are quite some concerns on its profitability.
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 115.94% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 18.05% | ||
| ROA | 3.07% | ||
| ROE | 7.42% | ||
| Debt/Equity | 0.34 |
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 45.19% is expected in the next year compared to the current price of 2.15.
For the next year, analysts expect an EPS growth of 405% and a revenue growth 162.71% for MER.CA
MER.CA Ownership
MER.CA Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| CNQ | CANADIAN NATURAL RESOURCES | 17.44 | 109.682B | ||
| TOU | TOURMALINE OIL CORP | 13.49 | 24.235B | ||
| AAV-DB | Advantage Energy Ltd | 90.43 | 17.737B | ||
| WCP | WHITECAP RESOURCES INC | 15.8 | 15.218B | ||
| ARX | ARC RESOURCES LTD | 12.14 | 15.199B | ||
| SGY-DB-B | SURGE ENERGY INC | 599.88 | 10.192B | ||
| PSK | PRAIRIESKY ROYALTY LTD | 34.58 | 7.016B | ||
| SCR | STRATHCONA RESOURCES LTD | 14.44 | 5.821B | ||
| PEY | PEYTO EXPLORATION & DEV CORP | 11.1 | 5.167B | ||
| TVE | TAMARACK VALLEY ENERGY LTD | 41.02 | 4.692B |
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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 25 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
MEREN ENERGY INC
c/o Suite 2500, 666 Burrard Street,
Vancouver BRITISH COLUMBIA CA
Employees: 25
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 25 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 2.15 CAD. The price decreased by -1.38% in the last trading session.
Does MER stock pay dividends?
MEREN ENERGY INC (MER.CA) has a dividend yield of 3.13%. The yearly dividend amount is currently 0.07.
What is the ChartMill technical and fundamental rating of MER stock?
MER.CA has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 5 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 1.45B 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 2026-02-28, after the market close.