Meren Energy Inc. (MER : TSX)
Common Stock
$1.98
CAD
-0.05 (-2.46%)
Last updated: 2026-07-28
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MER
Meren Energy Inc.
WealthAwesomePerformance
1 Day
-2.46%
1 Week
-4.35%
1 Month
+2.59%
YTD
+5.88%
Key Statistics
Market Cap
$1.37B
52W High
$2.52
52W Low
$1.49
P/E Ratio
-
50 Day MA
$2.11
200 Day MA
$2.06
Beta
0.39
Dividend Yield
7.12%
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Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 7/28/2026 | $2.03 | $2.04 | $1.98 | $1.98 | $1.98 | 690,584 |
| 7/27/2026 | $2.03 | $2.05 | $2.02 | $2.03 | $2.03 | 1,535,977 |
| 7/24/2026 | $2.09 | $2.11 | $2.07 | $2.08 | $2.08 | 954,767 |
| 7/23/2026 | $2.14 | $2.14 | $2.11 | $2.13 | $2.13 | 1,093,033 |
| 7/22/2026 | $2.09 | $2.12 | $2.09 | $2.11 | $2.11 | 571,984 |
| 7/21/2026 | $2.04 | $2.08 | $2.04 | $2.07 | $2.07 | 1,053,424 |
| 7/20/2026 | $2.00 | $2.05 | $1.99 | $2.04 | $2.04 | 1,103,900 |
| 7/17/2026 | $2.01 | $2.04 | $1.94 | $1.99 | $1.99 | 1,708,554 |
| 7/16/2026 | $2.01 | $2.01 | $1.97 | $1.99 | $1.99 | 340,154 |
| 7/15/2026 | $2.05 | $2.05 | $2.00 | $2.02 | $2.02 | 372,413 |
Analyst Price Targets
Based on analyst covering MER
Wall Street analysts forecast MER stock price to rise 28.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.54
+28.5% 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
33.4%
Annualized
90-Day Vol
39.6%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.66
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.87 | C$1.66 – C$2.09 |
| 60 trading days | C$1.76 | C$1.49 – C$2.07 |
| 90 trading days | C$1.66 | C$1.36 – C$2.02 |
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)
- $597.80M
- EBITDA
- $377.50M
- Profit Margin
- -20.86%
- ROE (TTM)
- -15.38%
- EPS (Diluted)
- -0.31
- Book Value
- 1.47
Recent Dividends
$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
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Common Questions About MER
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MER.TO news timeline
14 articles covering MER.TO, most recent first
LatestWhy Meren Energy Inc. stock fell yesterday
July 2026
- 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
- Why Meren Energy Inc. stock is rising today