MRNFF Stock Chart & Stats
$1.47
$0.01(0.68%)
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Day’s Range― - ―
52-Week Range$1.18 - $1.85
Previous CloseN/A
VolumeN/A
Average Volume (3M)159.32K
Market Cap
$1.01B
Enterprise Value$1.17B
Total Cash (Recent Filing)$161.71M
Total Debt (Recent Filing)$373.86M
Price to Earnings (P/E)―
Beta0.20
Next Earnings
Aug 11, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend Yield5.46%
Share Statistics
EPS (TTM)-0.19
Shares Outstanding676,115,300
10 Day Avg. Volume99,862
30 Day Avg. Volume159,324
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.07
Price to Sales (P/S)1.44
P/FCF Ratio2.41
Enterprise Value/Market Cap1.16
Enterprise Value/Revenue1.96
Enterprise Value/Gross Profit7.54
Enterprise Value/Ebitda3.17
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.08
Revenue Forecast (FY)$666.34M
Bulls Say, Bears Say
Bulls Say
Operating MarginsStrong field-level margins (about 26% gross, ~20% EBIT) indicate Meren’s core E&P operations generate durable profitability. These margins support internally funded capex, resilience to commodity swings, and provide a structural cushion versus cost shocks.
Free Cash Flow GenerationConsistent positive cash generation (operating cash flow ~198M; FCF ~146M TTM) gives durable liquidity to fund maintenance capex, service debt, and support distributions. Positive FCF underpins strategic flexibility through cycles.
Revenue Growth / ScaleSteady revenue growth (TTM +6.4%) indicates expanding scale and stable demand for output. Growth combined with solid operating margins improves fixed-cost absorption over time, supporting sustainable cash generation as the business scales.
Bears Say
Material Net LossesSubstantial negative net margin (~-21% TTM) shows non-operating costs, depreciation, or financing are overwhelming operating profits. Persistent net losses erode equity, limit retained earnings, and constrain long-term shareholder value creation and reinvestment.
Rising LeverageLeverage increase (debt/equity ~0.44 to ~0.53) raises financial risk and interest burden. Higher leverage reduces flexibility for capex or buybacks, increases refinancing exposure, and magnifies earnings volatility if cash flows weaken.
Deteriorating FCF TrendA meaningful ~31% decline in FCF versus 2025 signals weakening cash conversion. Sustained FCF deterioration limits ability to deleverage, invest for growth, or sustain distributions, and can force operational or capital adjustments over months.
Meren Energy News
MRNFF FAQ
What was Meren Energy Inc.’s price range in the past 12 months?
Meren Energy Inc. lowest stock price was $1.18 and its highest was $1.85 in the past 12 months.
What is Meren Energy Inc.’s market cap?
Meren Energy Inc.’s market cap is $1.01B.
When is Meren Energy Inc.’s upcoming earnings report date?
Meren Energy Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 27 days.
How were Meren Energy Inc.’s earnings last quarter?
Meren Energy Inc. released its earnings results on May 12, 2026. The company reported -$0.058 earnings per share for the quarter, missing the consensus estimate of $0.004 by -$0.063.
Is Meren Energy Inc. overvalued?
According to Wall Street analysts Meren Energy Inc.’s price is currently Undervalued.
Does Meren Energy Inc. pay dividends?
Meren Energy Inc. pays a Quarterly dividend of $0.037 which represents an annual dividend yield of 5.46%. See more information on Meren Energy Inc. dividends here
What is Meren Energy Inc.’s EPS estimate?
Meren Energy Inc.’s EPS estimate is 0.01.
How many shares outstanding does Meren Energy Inc. have?
Meren Energy Inc. has 676,115,300 shares outstanding.
What happened to Meren Energy Inc.’s price movement after its last earnings report?
Meren Energy Inc. reported an EPS of -$0.058 in its last earnings report, missing expectations of $0.004. Following the earnings report the stock price went down -5.164%.
Which hedge fund is a major shareholder of Meren Energy Inc.?
Currently, no hedge funds are holding shares in MRNFF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meren Energy Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.30%
12-Months-Change
Fundamentals
Return on Equity
-15.45%
Trailing 12-Months
Asset Growth
-21.39%
Trailing 12-Months
Company Description
Meren Energy Inc.
Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deepwater Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa Oil Corp. and changed its name to Meren Energy Inc. in May 2025. The company was incorporated in 1993 and is based in Vancouver, Canada.
Ownership Overview
0.05% Insiders
0.71% Mutual Funds
<0.01% Other Institutional Investors
98.81% Public Companies and
Individual Investors