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Meren Energy Inc

TSX • Energy • Oil & Gas E&P • Quote as of 08/18/2026 09:40
Meren Energy Inc stock price and volume chart

Company Profile

IndustryOil & Gas E&P
SectorEnergy
ExchangeTSX
Market Capitalization1,528.02 mln
Float433 mln
Earnings Date11/10/2026

Piotroski F-Score

5 / 9
Neutral

Beneish M-Score

2.36
Highly suspicious

1-Year Forecast

2.92
Strong upside

Relative Strength

90 / 100
Top performer

Debt / Equity

0.42
Low leverage

Pre-Tax Margin

10%
Moderate margin

Business Description

Meren Energy Inc. is a Canadian oil and gas company, headquartered in Vancouver, that finds and produces oil and gas across several African countries, including Nigeria, Namibia, South Africa, and Equatorial Guinea. The company runs active deepwater operations in Nigeria and holds a range of other projects at various stages of exploration and development along Africa's western and southern coasts. Founded in 1993 and previously known as Africa Oil Corp., the company adopted its current name in May 2025.

Key Fundamentals

EPS-0.22
ROE-12.03
RPS1.48
ROA-4.63
Interest Cover1.69
EBITDA, mln370
EV / EBITDA5.25
EV / EBIT885
Revenue, mln1,008
EV / Revenue2.16

Financial Strength

Altman Z-Score0.21
Piotroski F-Score 5 / 9
Beneish M-Score2.36
1-Year Target Price2.92
Short Ratio4.22

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 9.71% 97 / 100   
1 Month 13.57% 84 / 100   
2 Months -1.31% 32 / 100   
6 Months 4.5% 46 / 100   
1 Year 45.63% 79 / 100   



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