Meren Energy Inc. (MER : TSX)
Common Stock
$2.17
CAD
-0.10 (-4.41%)
Last updated: 2026-08-20
Dividend Declared
Yesterday$0.0512 CAD per share dividend. Ex-dividend date: August 20, 2026 • Payment date: September 4, 2026Upcoming
Get MER alerts:
MER
Meren Energy Inc.
WealthAwesomePerformance
1 Day
-4.41%
1 Week
+0.00%
1 Month
+4.83%
YTD
+16.04%
Key Statistics
Market Cap
$1.53B
52W High
$2.47
52W Low
$1.53
P/E Ratio
-
50 Day MA
$2.05
200 Day MA
$2.09
Beta
0.37
Dividend Yield
6.52%
Advertisement
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 8/20/2026 | $2.22 | $2.24 | $2.16 | $2.17 | $2.17 | 1,188,185 |
| 8/19/2026 | $2.25 | $2.29 | $2.25 | $2.27 | $2.27 | 1,053,188 |
| 8/18/2026 | $2.27 | $2.27 | $2.24 | $2.27 | $2.27 | 1,377,183 |
| 8/17/2026 | $2.27 | $2.27 | $2.20 | $2.26 | $2.26 | 1,320,771 |
| 8/14/2026 | $2.20 | $2.27 | $2.20 | $2.27 | $2.27 | 3,634,995 |
| 8/13/2026 | $2.18 | $2.23 | $2.16 | $2.17 | $2.17 | 2,629,981 |
| 8/12/2026 | $2.10 | $2.23 | $2.09 | $2.21 | $2.21 | 2,775,770 |
| 8/11/2026 | $2.05 | $2.07 | $2.04 | $2.06 | $2.06 | 712,379 |
| 8/10/2026 | $2.04 | $2.08 | $2.02 | $2.07 | $2.07 | 819,000 |
| 8/7/2026 | $2.00 | $2.03 | $2.00 | $2.01 | $2.01 | 484,670 |
Analyst Price Targets
Based on analyst covering MER
Wall Street analysts forecast MER stock price to rise 14.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.48
+14.1% Upside
Current Price
C$2.17
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MER's historical volatility
30-Day Vol
41.5%
Annualized
90-Day Vol
37.0%
Annualized
Trend (90d)
-26.3%
Annualized drift
90d Mean
C$1.98
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.10 | C$1.82 – C$2.43 |
| 60 trading days | C$2.04 | C$1.66 – C$2.50 |
| 90 trading days | C$1.98 | C$1.54 – C$2.53 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
About 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.
Financials
- Revenue (TTM)
- $725.20M
- EBITDA
- $384.40M
- Profit Margin
- -13.24%
- ROE (TTM)
- -11.95%
- EPS (Diluted)
- -0.22
- Book Value
- 1.44
Recent Dividends
$0.0512CAD
Ex: Aug 20, 2026
Pay: Sep 4
$0.0510CAD
Ex: Mar 20, 2026
$0.0520CAD
Ex: Nov 21, 2025
$0.0510CAD
Ex: Aug 20, 2025
$0.0510CAD
Ex: May 28, 2025
Pay: Jun 11
$0.0530CAD
Ex: Mar 27, 2025
Pay: Apr 11
$0.0340CAD
Ex: Sep 9, 2024
Pay: Sep 27
$0.0340CAD
Ex: Mar 7, 2024
Pay: Mar 28
$0.0340CAD
Ex: Sep 7, 2023
Pay: Sep 29
7 stocks to buy and hold forever
Blue-chip dividend stocks for long-term wealth building.
Get the FREE ReportExplore More
Advertisement
Common Questions About MER
Market movers
Recent TSX movers
Top 1-day gainers — updated from our Canadian movers feed.
| Ticker | Name | Price | 1D |
|---|---|---|---|
| AVL | Avalon Advanced Materials Ltd | $11.80 | +99.66% |
| BSX | Belo Sun Mining Corp. | $1.57 | +14.60% |
| RTG | RTG Mining Inc | $0.04 | +12.50% |
| AVNT | Avant Brands Inc | $0.70 | +11.11% |
| HIVE | HIVE DIGITAL TECHNOLOGIES LTD | $4.31 | +11.08% |
| PSLV-U | Sprott Physical Silver Trust | $22.44 | +8.67% |
| CFF | Conifex Timber Inc | $0.13 | +8.33% |
| HUT | Hut 8 Mining Corp | $122.49 | +7.79% |
MER.TO news timeline
15 articles covering MER.TO, most recent first
LatestMeren Energy Inc. (MER.TO) raised its dividend to CA$0.0512
August 2026
- Why Meren Energy Inc. stock went up yesterday
- What's Going On With Meren Energy Inc. Stock Sunday?
- Why Meren Energy Inc. stock is rising today
- Meren Energy Inc. MER Earnings Miss Estimates by 50.0%
- Why Meren Energy Inc. stock surged yesterday
- Why Meren Energy Inc. stock is skyrocketing today
- What's Going On With Meren Energy Inc. Stock Sunday?
July 2026
- Why Meren Energy Inc. stock fell yesterday
- What's Going On With Meren Energy Inc. Stock Wednesday?
- Why Meren Energy Inc. stock is rising today
- What's Going On With Meren Energy Inc. Stock Thursday?
- Why Meren Energy Inc. stock is skyrocketing today
- Why Meren Energy Inc. stock is sliding today
- Why Meren Energy Inc. stock is tanking today