Meren Energy (AOIFF) Stock Price, News & Analysis

Company Overview

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $1.22 to $1.27
• 50-Day Range: $1.23 to $1.40
• 52-Week Range: $1.13 to $1.85
• Volume: 147,281 shs
• Average Volume: 134,376 shs
• Market Capitalization: $830.79 million
• P/E Ratio: N/A
• Dividend Yield: 12.20%
• Price Target: N/A
• Consensus Rating: Strong Buy

Meren Energy Stock Analysis - MarketRank™

Meren Energy scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Meren Energy.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 5.56%

Earnings Growth

Earnings for Meren Energy are expected to grow by 5.56% in the coming year, from $0.18 to $0.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Meren Energy is -2.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Meren Energy is -2.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Meren Energy has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.63% of the float of Meren Energy has been sold short.

Short Interest Ratio / Days to Cover

Meren Energy has a short interest ratio ("days to cover") of 19.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Meren Energy has recently increased by 14.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Meren Energy is a leading dividend payer. It pays a dividend yield of 12.06%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Meren Energy does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Meren Energy will have a dividend payout ratio of 78.95% in the coming year. This indicates that Meren Energy may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.63% of the float of Meren Energy has been sold short.

Short Interest Ratio / Days to Cover

Meren Energy has a short interest ratio ("days to cover") of 19.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Meren Energy has recently increased by 14.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.70

News Sentiment

Meren Energy has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Meren Energy this week, compared to 2 articles on an average week.

Search Interest

1 people have searched for AOIFF on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Meren Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Meren Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.02% of the stock of Meren Energy is held by insiders.

AOIFF Stock Analysis - Frequently Asked Questions

How have AOIFF shares performed this year?

Meren Energy's stock was trading at $1.37 at the start of the year. Since then, AOIFF stock has decreased by 10.2% and is now trading at $1.23.

How were Meren Energy's earnings last quarter?

Meren Energy Inc. (OTCMKTS:AOIFF) released its quarterly earnings results on Wednesday, May, 14th. The energy company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. The energy company had revenue of $74.09 million for the quarter, compared to analysts' expectations of $10 million.

How do I buy shares of Meren Energy?

Shares of AOIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Record date for 4/11 Dividend: 3/27/2025
• Ex-Dividend for 4/11 Dividend: 3/27/2025
• Dividend Payable: 4/11/2025
• Last Earnings: 5/14/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Other Alt Energy
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:AOIFF
• CIK: N/A
• Web: www.africaoilcorp.com
• Phone: (604) 689-7842
• Fax: 604-689-4250
• Employees: 23
• Year Founded: 1983

Profitability

• EPS (Trailing Twelve Months): ($0.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.83
• P/E Growth: N/A
• Net Income: -$279.10 million
• Net Margins: N/A
• Pretax Margin: -298.30%
• Return on Equity: 3.21%
• Return on Assets: 1.97%

Debt

• Debt-to-Equity Ratio: 0.44
• Current Ratio: 1.33
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.11 per share
• Price / Cash Flow: 11.25
• Book Value: $1.25 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 675,440,000
• Free Float: 668,547,000
• Market Cap: $830.79 million
• Optionable: Not Optionable
• Beta: 0.58