Meren Energy (MER) Stock Price, News & Analysis

Company Overview

Meren is a full-cycle Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea. Its main assets are producing and development assets in deepwater Nigeria. The Company holds a leading position in the Orange Basin including its effective interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.

Key Stats

• Today's Range: C$2.44 to C$2.50
• 50-Day Range: N/A
• 52-Week Range: C$1.61 to C$2.58
• Volume: 488,364 shs
• Average Volume: 927,581 shs
• Market Capitalization: C$1.66 billion
• P/E Ratio: N/A
• Dividend Yield: 6.03%
• Price Target: N/A
• Consensus Rating: Hold

Meren Energy Stock Analysis - MarketRank™

Meren Energy scored higher than 5% 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Meren Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Meren Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Meren Energy is -49.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MER.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Meren Energy is a leading dividend payer. It pays a dividend yield of 8.43%, 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.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

2 people have searched for MER on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.1 / 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 Institutions

9.30% of the stock of Meren Energy is held by institutions.

MER Stock Analysis - Frequently Asked Questions

How have MER shares performed this year?

Meren Energy's stock was trading at C$2.20 on January 1st, 2026. Since then, MER stock has increased by 11.8% and is now trading at C$2.46.

How do I buy shares of Meren Energy?

Shares of MER stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Company Calendar

• Ex-Dividend for 4/7 Dividend: 3/20/2026
• Record date for 4/7 Dividend: 4/07/2026
• Dividend Payable: 4/07/2026
• Today: 5/05/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: TSE:MER
• CIK: N/A
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$562.10 million
• Price / Sales: 2.96
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 676,115,000
• Free Float: N/A
• Market Cap: C$1.66 billion
• Optionable: N/A
• Beta: -0.14