MEREN ENERGY INC (MER.CA) Stock Price, Forecast & Analysis
Canada - TSX:MER - CA5889141019 - Common Stock
MER.CA Key Statistics, Chart & Performance
The current stock price of MER.CA is 1.82 CAD. In the past month the price increased by 7.06%.
MER.CA Latest News, Press Relases and Analysis
MER.CA Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CNQ.CA | CANADIAN NATURAL RESOURCES | 12.82 | 98.22B | ||
| TOU.CA | TOURMALINE OIL CORP | 17.56 | 23.85B | ||
| AAV-DB.CA | Advantage Energy Ltd | 323.68 | 18.37B | ||
| ARX.CA | ARC RESOURCES LTD | 10.37 | 14.35B | ||
| WCP.CA | WHITECAP RESOURCES INC | 9.41 | 13.36B | ||
| SGY-DB-B.CA | SURGE ENERGY INC | 194.44 | 10.40B | ||
| SCR.CA | STRATHCONA RESOURCES LTD | 12.73 | 8.78B | ||
| MEG.CA | MEG ENERGY CORP | 14.71 | 7.86B | ||
| PSK.CA | PRAIRIESKY ROYALTY LTD | 29.66 | 6.24B | ||
| PEY.CA | PEYTO EXPLORATION & DEV CORP | 13.16 | 4.36B | ||
| TPZ.CA | TOPAZ ENERGY CORP | 64.8 | 4.09B | ||
| NVA.CA | NUVISTA ENERGY LTD | 10.52 | 3.52B |
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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 current price of MER stock?
The current stock price of MER.CA is 1.82 CAD. The price increased by 7.06% in the last trading session.
Does MEREN ENERGY INC pay dividends?
MEREN ENERGY INC (MER.CA) has a dividend yield of 3.99%. The yearly dividend amount is currently 0.07.
What is the ChartMill rating of MEREN ENERGY INC stock?
MER.CA has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
What is the GICS sector and industry of MER stock?
MEREN ENERGY INC (MER.CA) operates in the Energy sector and the Oil, Gas & Consumable Fuels industry.
When is the next dividend date for MEREN ENERGY INC (MER.CA)?
The next ex-dividend date for MEREN ENERGY INC (MER.CA) is August 20, 2025.
Can you provide the number of employees for MEREN ENERGY INC?
MEREN ENERGY INC (MER.CA) currently has 25 employees.
MER.CA Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to MER.CA.
MER.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to MER.CA. Both the profitability and financial health of MER.CA have multiple concerns.
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 decreased by -437.13% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -9.58% | ||
| ROE | -25.41% | ||
| Debt/Equity | 0.42 |
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 71.23% is expected in the next year compared to the current price of 1.82.
For the next year, analysts expect an EPS growth of 359.19% and a revenue growth 126.41% for MER.CA