MER Stock Chart & Stats
kr13.86
>-kr0.01(>-0.01%)
At close: 4:00 PM EDT
kr13.86
>-kr0.01(>-0.01%)
Day’s Range― - ―
52-Week Rangekr11.37 - kr17.25
Previous CloseN/A
Volume9.05K
Average Volume (3M)831.64K
Market Cap
kr10.41B
Enterprise Valuekr1.63K
Total Cash (Recent Filing)kr77.57M
Total Debt (Recent Filing)kr292.82M
Price to Earnings (P/E)―
Beta0.17
Next Earnings
Nov 10, 2026EPS Estimate
0.43Next Dividend Ex-DateN/A
Dividend Yield9.32%
Share Statistics
EPS (TTM)-0.15
Shares Outstanding676,115,300
10 Day Avg. Volume837,092
30 Day Avg. Volume831,640
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr17.08Price Target Upside23.21% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.91
Revenue Forecast (FY)kr6.09B
Bulls Say, Bears Say
Bulls Say
Raised 2026 GuidanceMaterially higher EBITDAX and operating cash-flow guidance signals stronger operating momentum and management confidence. If achieved, the improved outlook can support reinvestment, debt reduction and shareholder returns over the next several quarters.
Strong Cash GenerationSustained positive operating and free cash flow gives Meren Energy internal funding capacity for production-maintenance projects and growth. This reduces reliance on external capital while supporting dividends and resilience through commodity cycles.
Low Leverage And Strong LiquidityLow leverage and substantial liquidity provide financial flexibility for drilling, interventions and potential portfolio development. The balance sheet should help Meren Energy absorb operational delays or weaker prices without immediately constraining investment.
Bears Say
Persistent Net LossesOngoing bottom-line losses weaken earnings quality despite solid operating margins and cash flow. Depreciation, financing, tax or other charges may continue to pressure reported results, limiting retained equity growth and reducing the durability of shareholder returns.
Drilling Execution And Capital Timing RiskDeferred capital spending may delay production stabilization and shifts higher investment requirements into 2027. Dependence on contractors and binary drilling outcomes creates execution risk for reserves, output growth and future cash-flow expectations.
Commodity Price ExposureMeren Energy’s cash generation and royalties remain sensitive to oil prices, while hedging only covers part of entitlement production. Volatility can therefore affect realized prices, lifting economics and funding available for development and distributions.
MER FAQ
What was Meren Energy’s price range in the past 12 months?
Meren Energy lowest stock price was kr11.37 and its highest was kr17.25 in the past 12 months.
What is Meren Energy’s market cap?
Meren Energy’s market cap is kr10.41B.
When is Meren Energy’s upcoming earnings report date?
Meren Energy’s upcoming earnings report date is Nov 10, 2026 which is in 74 days.
How were Meren Energy’s earnings last quarter?
Meren Energy released its earnings results on Aug 11, 2026. The company reported kr0.481 earnings per share for the quarter, missing the consensus estimate of kr0.564 by -kr0.083.
Is Meren Energy overvalued?
According to Wall Street analysts Meren Energy’s price is currently Undervalued.
Does Meren Energy pay dividends?
Meren Energy pays a Quarterly dividend of kr0.353 which represents an annual dividend yield of 9.32%. See more information on Meren Energy dividends here
What is Meren Energy’s EPS estimate?
Meren Energy’s EPS estimate is 0.43.
How many shares outstanding does Meren Energy have?
Meren Energy has 676,115,300 shares outstanding.
What happened to Meren Energy’s price movement after its last earnings report?
Meren Energy reported an EPS of kr0.481 in its last earnings report, missing expectations of kr0.564. Following the earnings report the stock price went up 6.684%.
Which hedge fund is a major shareholder of Meren Energy?
Currently, no hedge funds are holding shares in SE:MER
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
kr17.08 (23.21% Upside)
kr17.08 (23.21% Upside)
Blogger Sentiment
Bullish
SE:MER Sentiment 67%
Sector Average 53%
Sector Average 53%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.86%
12-Months-Change
Fundamentals
Return on Equity
9.32%
Trailing 12-Months
Asset Growth
-23.26%
Trailing 12-Months
Company Description
Meren Energy
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.
MER Company Deck
MER Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call conveyed a constructive and improving picture: operational performance was solid, cash generation strengthened in Q2, leverage is low (net debt/EBITDAX 0.5x) and management upgraded full-year guidance materially (EBITDAX and cash flow). The company is moving back into active drilling and interventions that should stabilize or modestly grow production into 2027 and has meaningful portfolio upside from near-field targets and the Namibia Venus project. Key risks include oil price volatility, the legacy hedging mismatch that impacted one cargo, timing of liftings and execution risk for the upcoming drilling program and deferred CapEx timing into 2027. On balance, positives (strong cash generation, upgraded guidance, low leverage, clear activity plan and portfolio optionality) outweigh the negatives.View all SE:MER earnings summariesMER Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
kr17.08
▲(23.21% Upside)
Technical Analysis
1 Day
3 Days
1 Week
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