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Meren Energy Inc

TSX • Energy • Oil & Gas E&P • Quote as of 10/27/2026 16:00
Meren Energy Inc stock price and volume chart

Company Profile

IndustryOil & Gas E&P
SectorEnergy
ExchangeTSX
Market Capitalization1,446.89 mln
Float432 mln
Earnings Date11/10/2026

Piotroski F-Score

5 / 9
Neutral

Beneish M-Score

-0.32
Highly suspicious

1-Year Forecast

2.50
Attractive

Relative Strength

63 / 100
Outperforming

Debt / Equity

0.42
Low leverage

Pre-Tax Margin

2%
Break-even

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-10.45
RPS1.49
ROIC10.39
ROA-4.02
Interest Cover3.31
EBITDA, mln411
EV / EBITDA4.32
EV / EBIT20.27
Revenue, mln1,003
EV / Revenue1.77

Quote Details

Last 2.14
Change -0.01 (-0.47%)
Open 2.15
Volume 480,921
Turnover 1,029,171
Average Volume 395,795

Financial Ratios

Pre-Tax Profit Margin2
Leverage Ratio2.60
Current Ratio1.14
Price / Book1.42
Price / Tangible Book1.43
Price / Cash Flow4.19
Price / Free Cash Flow4.37
Debt / Equity0.42
Price / Sales1.43

Financial Strength

Altman Z-Score0.35
Piotroski F-Score 5 / 9
Beneish M-Score-0.32
Price to Intrinsic Value0.53
1-Year Target Price2.50
Short Ratio38.01

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 2.39% 86 / 100   
1 Month -0.47% 49 / 100   
2 Months 7.31% 78 / 100   
6 Months -8.32% 21 / 100   
1 Year 33.04% 82 / 100   



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