Meren Energy Inc. (MER : TSX)
Common Stock
$1.98
CAD
-0.01 (-0.50%)
Last updated: 2026-07-06
MER
Meren Energy Inc.
WealthAwesomePerformance
1 Day
-0.50%
1 Week
+2.06%
1 Month
-9.59%
YTD
+5.88%
Key Statistics
Market Cap
$1.35B
52W High
$2.52
52W Low
$1.45
P/E Ratio
-
50 Day MA
$2.23
200 Day MA
$2.05
Beta
0.39
Dividend Yield
7.55%
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 7/6/2026 | $1.99 | $2.00 | $1.97 | $1.98 | $1.98 | 569,527 |
| 7/3/2026 | $1.97 | $2.01 | $1.97 | $1.99 | $1.99 | 250,783 |
| 7/2/2026 | $1.93 | $1.97 | $1.93 | $1.96 | $1.96 | 371,663 |
| 6/30/2026 | $1.94 | $1.98 | $1.92 | $1.93 | $1.93 | 882,500 |
| 6/29/2026 | $1.93 | $1.95 | $1.93 | $1.94 | $1.94 | 194,389 |
| 6/26/2026 | $1.93 | $1.97 | $1.93 | $1.93 | $1.93 | 634,500 |
| 6/25/2026 | $1.92 | $1.95 | $1.92 | $1.93 | $1.93 | 284,920 |
| 6/24/2026 | $1.93 | $1.95 | $1.88 | $1.92 | $1.92 | 1,732,181 |
| 6/23/2026 | $1.94 | $1.96 | $1.92 | $1.94 | $1.94 | 190,888 |
| 6/22/2026 | $1.97 | $1.97 | $1.94 | $1.94 | $1.94 | 255,245 |
Analyst Price Targets
Based on analyst covering MER
Wall Street analysts forecast MER stock price to rise 30.5% over the next 12 months.
Consensus
No RatingAvg. Target
C$2.58
+30.5% Upside
Current Price
C$1.98
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
28.3%
Annualized
90-Day Vol
38.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.66
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$1.87 | C$1.69 โ C$2.06 |
| 60 trading days | C$1.76 | C$1.53 โ C$2.02 |
| 90 trading days | C$1.66 | C$1.40 โ C$1.96 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. 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)
- $597.80M
- EBITDA
- $377.50M
- Profit Margin
- -20.86%
- ROE (TTM)
- -15.38%
- EPS (Diluted)
- -0.31
- Book Value
- 1.47
๐ฐ Recent Dividends
$0.0510
Ex: Mar 20, 2026
$0.0520
Ex: Nov 21, 2025
$0.0510
Ex: Aug 20, 2025
$0.0510
Ex: May 28, 2025
Pay: Jun 11
$0.0530
Ex: Mar 27, 2025
Pay: Apr 11
$0.0340
Ex: Sep 9, 2024
Pay: Sep 27
$0.0340
Ex: Mar 7, 2024
Pay: Mar 28
$0.0340
Ex: Sep 7, 2023
Pay: Sep 29
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Common Questions About MER
Articles Featuring MER.TO
Latest articles and analysis covering MER.TO
Why Meren Energy Inc. stock is rising today
Meren Energy Inc. (MER.TO) saw its stock price rise by 2.02% in the latest trading session, closing at CA$2.02. This increase indicates a potential recovery in investor sentiment, despite the company's ongoing challenges with profitability.
Why Meren Energy Inc. stock is gaining today
Meren Energy Inc. (MER.TO) experienced a positive trading day, closing at CA$1.98, up 1.28%. This increase reflects growing investor interest in the energy sector, despite the company's ongoing financial challenges.
Why Meren Energy Inc. stock is sliding today
Meren Energy Inc. is facing a challenging trading day with its stock price down 2.50%. Investors should evaluate the implications of this decline in the context of the company's financial health.
Why Meren Energy Inc. stock is tanking today
Meren Energy Inc. has seen its stock price decline by nearly 1% today, raising concerns about its financial stability and market position. Investors are advised to stay informed on the company's developments.
Why Meren Energy Inc. stock is sliding today
Meren Energy Inc.'s stock slid by 3.37% in the last session, closing at CA$2.01. This decline highlights investor concerns and the need for careful monitoring of the company's future performance.
Why Meren Energy Inc. stock is tanking today
Meren Energy Inc. is experiencing a downturn today, with its stock price falling 1.84%. This decline highlights the challenges the company faces in a competitive energy market, particularly against peers like Koil Energy.
Why Meren Energy Inc. stock is tanking today
Meren Energy Inc. experienced a 1.84% decline in its stock price today, reflecting concerns over its competitive position in the energy market amidst rising challenges from peers.
