TSX

Meren Energy Inc.

MER.TO•Energy•Oil & Gas E&P
Current Price
$2.13
Today's Change
+0.95%
Market Cap
$1.43B
Volume
123.61K
🛢️

Commodity Exposure

Crude Oil

Current Price
$102.30/barrel
+2.85% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Meren Energy Inc. is an oil and gas exploration and production company operating primarily in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company demonstrates strong profitability with a gross margin of 43.4% and an impressive EBITDA margin of 64.1%, indicating efficient operations. However, its return on equity (ROE) and return on assets (ROA) are relatively low at 4.5% and 1.7%, raising concerns about overall capital efficiency. Additionally, while the current ratio is acceptable at 1.14, the quick ratio of 0.75 suggests potential liquidity challenges.

Based on 28 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$2.58
52 Week Low$1.67
Avg Volume859.14K
Beta0.40
Shares Outstanding676.12M

🔥 Valuation

Market Cap$1.43B
Enterprise Value$1.63B
P/E Ratio-8.80
EV/EBITDA ⚠️5.23x
Dividend Yield12.18%

Loading financial metrics...

🚩 Red Flags

🟠

Margin Compression

Gross profit margin declined from 40.2% to 13.6% year-over-year, suggesting pricing pressure or rising input costs are squeezing profitability.

🟠

Significant Losses

Company posted a loss of $-96.0M over the last year, representing 13.2% of revenue.

🟠

High Debt Load

Debt of $293.3M is 3.8x the company's cash position of $77.7M.

🌟 Opportunities

🚀

Exceptional revenue growth of 399.2% YoY demonstrates strong market demand and competitive positioning.

🚀

Operating margin expanded by 182.0pp, demonstrating strong operational leverage.

🚀

Operating cash flow surged 1202.5% YoY, indicating strong cash generation capability.

🚀

Excellent operating cash flow margin of 36.5% indicates high-quality earnings.

💪

Strong free cash flow margin of 27.5% provides substantial resources for dividends, buybacks, or reinvestment.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Oil & Gas E&P companies of a similar size