Free Trial

Meren Energy (MER) Competitors

Meren Energy logo
C$2.09 +0.01 (+0.48%)
As of 10/2/2026 04:00 PM Eastern

MER vs. VRN, ERF, ATH, PEY, and BTE

Should you buy Meren Energy stock or one of its competitors? Meren Energy's main competitors and comparable companies include Veren (VRN), Enerplus (ERF), Athabasca Oil (ATH), Peyto Exploration & Development (PEY), and Baytex Energy (BTE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil & gas exploration & production" industry.

How does Meren Energy compare to Veren?

Veren (TSE:VRN) and Meren Energy (TSE:MER) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, media sentiment, valuation, institutional ownership, earnings and analyst recommendations.

In the previous week, Meren Energy had 3 more articles in the media than Veren. MarketBeat recorded 3 mentions for Meren Energy and 0 mentions for Veren. Meren Energy's average media sentiment score of 0.51 beat Veren's score of 0.00 indicating that Meren Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Veren Neutral
Meren Energy Positive

Meren Energy has a consensus target price of C$2.50, indicating a potential upside of 19.62%. Given Meren Energy's stronger consensus rating and higher probable upside, analysts clearly believe Meren Energy is more favorable than Veren.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veren
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Meren Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Veren has a net margin of 6.19% compared to Meren Energy's net margin of 0.00%. Veren's return on equity of 4.01% beat Meren Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Veren6.19% 4.01% N/A
Meren Energy N/A N/A N/A

9.2% of Meren Energy shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Veren has higher revenue and earnings than Meren Energy. Meren Energy is trading at a lower price-to-earnings ratio than Veren, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
VerenC$3.83B0.00C$1.07BC$1.76N/A
Meren EnergyC$727.40M1.94-C$108.18M-C$0.16N/A

Summary

Veren beats Meren Energy on 6 of the 11 factors compared between the two stocks.

How does Meren Energy compare to Enerplus?

Meren Energy (TSE:MER) and Enerplus (TSE:ERF) are both energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, risk, profitability, institutional ownership, media sentiment, earnings and dividends.

9.2% of Meren Energy shares are held by institutional investors. Comparatively, 67.9% of Enerplus shares are held by institutional investors. 1.3% of Enerplus shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Meren Energy had 3 more articles in the media than Enerplus. MarketBeat recorded 3 mentions for Meren Energy and 0 mentions for Enerplus. Meren Energy's average media sentiment score of 0.51 beat Enerplus' score of 0.00 indicating that Meren Energy is being referred to more favorably in the media.

Company Overall Sentiment
Meren Energy Positive
Enerplus Neutral

Meren Energy pays an annual dividend of C$0.15 per share and has a dividend yield of 7.1%. Enerplus pays an annual dividend of C$0.36 per share. Meren Energy pays out -92.8% of its earnings in the form of a dividend. Enerplus pays out 14.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Meren Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Enerplus has higher revenue and earnings than Meren Energy. Meren Energy is trading at a lower price-to-earnings ratio than Enerplus, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Meren EnergyC$727.40M1.94-C$108.18M-C$0.16N/A
EnerplusC$1.48B0.00C$384.73MC$2.44N/A

Meren Energy has a beta of 0.359922, suggesting that its share price is 64% less volatile than the broader market. Comparatively, Enerplus has a beta of 2.64, suggesting that its share price is 164% more volatile than the broader market.

Meren Energy currently has a consensus price target of C$2.50, suggesting a potential upside of 19.62%. Given Meren Energy's stronger consensus rating and higher possible upside, equities analysts clearly believe Meren Energy is more favorable than Enerplus.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Meren Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Enerplus
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Enerplus has a net margin of 26.04% compared to Meren Energy's net margin of 0.00%. Enerplus' return on equity of 32.27% beat Meren Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Meren EnergyN/A N/A N/A
Enerplus 26.04%32.27%15.25%

Summary

Enerplus beats Meren Energy on 10 of the 16 factors compared between the two stocks.

How does Meren Energy compare to Athabasca Oil?

Athabasca Oil (TSE:ATH) and Meren Energy (TSE:MER) are both energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.

Athabasca Oil has higher revenue and earnings than Meren Energy. Meren Energy is trading at a lower price-to-earnings ratio than Athabasca Oil, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Athabasca OilC$1.37B3.71C$221.88MC$0.4722.51
Meren EnergyC$727.40M1.94-C$108.18M-C$0.16N/A

Athabasca Oil presently has a consensus price target of C$11.56, suggesting a potential upside of 9.29%. Meren Energy has a consensus price target of C$2.50, suggesting a potential upside of 19.62%. Given Meren Energy's higher possible upside, analysts clearly believe Meren Energy is more favorable than Athabasca Oil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Athabasca Oil
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.38
Meren Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Athabasca Oil has a beta of -0.17194, meaning that its stock price is 117% less volatile than the broader market. Comparatively, Meren Energy has a beta of 0.359922, meaning that its stock price is 64% less volatile than the broader market.

Athabasca Oil has a net margin of 17.68% compared to Meren Energy's net margin of 0.00%. Athabasca Oil's return on equity of 12.57% beat Meren Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Athabasca Oil17.68% 12.57% 9.71%
Meren Energy N/A N/A N/A

37.1% of Athabasca Oil shares are held by institutional investors. Comparatively, 9.2% of Meren Energy shares are held by institutional investors. 0.2% of Athabasca Oil shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Athabasca Oil had 19 more articles in the media than Meren Energy. MarketBeat recorded 22 mentions for Athabasca Oil and 3 mentions for Meren Energy. Athabasca Oil's average media sentiment score of 1.35 beat Meren Energy's score of 0.51 indicating that Athabasca Oil is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Athabasca Oil
8 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Meren Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Athabasca Oil beats Meren Energy on 14 of the 16 factors compared between the two stocks.

How does Meren Energy compare to Peyto Exploration & Development?

Meren Energy (TSE:MER) and Peyto Exploration & Development (TSE:PEY) are both energy companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, media sentiment, analyst recommendations and risk.

Meren Energy pays an annual dividend of C$0.15 per share and has a dividend yield of 7.1%. Peyto Exploration & Development pays an annual dividend of C$1.34 per share and has a dividend yield of 5.7%. Meren Energy pays out -92.8% of its earnings in the form of a dividend. Peyto Exploration & Development pays out 56.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Meren Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Meren Energy had 2 more articles in the media than Peyto Exploration & Development. MarketBeat recorded 3 mentions for Meren Energy and 1 mentions for Peyto Exploration & Development. Meren Energy's average media sentiment score of 0.51 beat Peyto Exploration & Development's score of 0.23 indicating that Meren Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Meren Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Peyto Exploration & Development
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Peyto Exploration & Development has a net margin of 39.78% compared to Meren Energy's net margin of 0.00%. Peyto Exploration & Development's return on equity of 16.96% beat Meren Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Meren EnergyN/A N/A N/A
Peyto Exploration & Development 39.78%16.96%6.40%

Peyto Exploration & Development has higher revenue and earnings than Meren Energy. Meren Energy is trading at a lower price-to-earnings ratio than Peyto Exploration & Development, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Meren EnergyC$727.40M1.94-C$108.18M-C$0.16N/A
Peyto Exploration & DevelopmentC$1.26B3.79C$293.72MC$2.399.79

9.2% of Meren Energy shares are held by institutional investors. Comparatively, 28.5% of Peyto Exploration & Development shares are held by institutional investors. 2.4% of Peyto Exploration & Development shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Meren Energy presently has a consensus price target of C$2.50, indicating a potential upside of 19.62%. Peyto Exploration & Development has a consensus price target of C$26.64, indicating a potential upside of 13.81%. Given Meren Energy's higher possible upside, equities analysts plainly believe Meren Energy is more favorable than Peyto Exploration & Development.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Meren Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Peyto Exploration & Development
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.67

Meren Energy has a beta of 0.359922, meaning that its share price is 64% less volatile than the broader market. Comparatively, Peyto Exploration & Development has a beta of -0.480347, meaning that its share price is 148% less volatile than the broader market.

Summary

Peyto Exploration & Development beats Meren Energy on 13 of the 19 factors compared between the two stocks.

How does Meren Energy compare to Baytex Energy?

Baytex Energy (TSE:BTE) and Meren Energy (TSE:MER) are both energy companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, institutional ownership, risk, analyst recommendations and media sentiment.

Baytex Energy currently has a consensus price target of C$7.15, suggesting a potential upside of 8.50%. Meren Energy has a consensus price target of C$2.50, suggesting a potential upside of 19.62%. Given Meren Energy's higher possible upside, analysts plainly believe Meren Energy is more favorable than Baytex Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Baytex Energy
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.64
Meren Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

30.4% of Baytex Energy shares are owned by institutional investors. Comparatively, 9.2% of Meren Energy shares are owned by institutional investors. 0.8% of Baytex Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Baytex Energy and Baytex Energy both had 3 articles in the media. Baytex Energy's average media sentiment score of 0.87 beat Meren Energy's score of 0.51 indicating that Baytex Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Baytex Energy
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Meren Energy
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Baytex Energy pays an annual dividend of C$0.07 per share and has a dividend yield of 1.0%. Meren Energy pays an annual dividend of C$0.15 per share and has a dividend yield of 7.1%. Baytex Energy pays out -7.3% of its earnings in the form of a dividend. Meren Energy pays out -92.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Meren Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Meren Energy has a net margin of 0.00% compared to Baytex Energy's net margin of -131.38%. Meren Energy's return on equity of 0.00% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Baytex Energy-131.38% -26.41% -0.08%
Meren Energy N/A N/A N/A

Baytex Energy has a beta of 0.391255, meaning that its stock price is 61% less volatile than the broader market. Comparatively, Meren Energy has a beta of 0.359922, meaning that its stock price is 64% less volatile than the broader market.

Meren Energy has lower revenue, but higher earnings than Baytex Energy. Meren Energy is trading at a lower price-to-earnings ratio than Baytex Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Baytex EnergyC$1.91B2.41-C$347.90M-C$0.92N/A
Meren EnergyC$727.40M1.94-C$108.18M-C$0.16N/A

Summary

Baytex Energy beats Meren Energy on 10 of the 18 factors compared between the two stocks.

Get Meren Energy News Delivered to You Automatically

Sign up to receive the latest news and ratings for MER and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MER and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

MER vs. The Competition

MetricMeren EnergyOil, Gas & Consumable Fuels IndustryEnergy SectorTSE Exchange
Market CapC$1.41BC$11.31BC$9.86BC$12.68B
Dividend Yield9.84%10.20%10.66%6.33%
P/E Ratio-13.0616.9420.0339.33
Price / Sales1.94659.35537.559.16
Price / CashN/A40.9836.9882.29
Price / BookN/A4.444.014.61
Net IncomeN/AC$5.28BC$4.35BC$299.09M
7 Day Performance-2.79%-1.09%-1.12%-1.15%
1 Month Performance-5.86%-3.09%-3.21%-2.92%
1 Year PerformanceN/A28.17%28.95%16.25%

Meren Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MER
Meren Energy
1.4789 of 5 stars
C$2.09
+0.5%
C$2.50
+19.6%
N/AC$1.41BC$727.40MN/A50
VRN
Veren
N/AN/AN/AN/AC$5.60BC$3.83B5.20777
ERF
Enerplus
N/AN/AN/AN/AC$5.47BC$1.48B10.98404
ATH
Athabasca Oil
3.1534 of 5 stars
C$10.39
+1.9%
C$11.56
+11.3%
+57.9%C$5.00BC$1.37B22.11187
PEY
Peyto Exploration & Development
2.7901 of 5 stars
C$22.86
-0.1%
C$26.64
+16.5%
+23.9%C$4.68BC$1.26B9.5687

Related Companies and Tools


This page (TSE:MER) was last updated on 10/4/2026 by MarketBeat.com Staff.
From Our Partners