Meren Energy Inc. logo

Meren Energy Inc. (MRNFF)

Market Closed
16 Oct, 08:00 PM
OTC PINK OTC PINK
$
1. 49
+0.01
+1.0169%
$
980.37M Market Cap
- P/E Ratio
0.06% Div Yield
13,850 Volume
- Eps
$ 1.48
Previous Close
Investors:
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Day Range
1.48 1.51
Year Range
1.19 1.85
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Meren Energy: Still Cheap With A Nice Dividend Yield

Meren Energy: Still Cheap With A Nice Dividend Yield

Meren Energy remains undervalued despite a recent stock price increase driven by strong earnings and commodity prices. MRNFF offers a compelling 9% dividend yield. The company has a conservative debt ratio of 0.5.

Seekingalpha | 2 months ago
Meren Energy raises 2026 guidance after strong first-half performance

Meren Energy raises 2026 guidance after strong first-half performance

Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) announced that it has raised its 2026 financial guidance after reporting $219.5 million in first-half EBITDAX and $139.4 million in cash flow from operations before working capital. The company increased its full-year EBITDAX guidance midpoint to $410 million from $315 million, while raising its cash flow from operations midpoint to $247.5 million from $220 million.

Proactiveinvestors | 2 months ago
Meren Energy (MRNFF) Beats Q2 Earnings and Revenue Estimates

Meren Energy (MRNFF) Beats Q2 Earnings and Revenue Estimates

Meren Energy (MRNFF) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to break-even earnings per share a year ago.

Zacks | 2 months ago
Meren Energy: This Stock Is Heading Past Bargain Territory To Outright Steal

Meren Energy: This Stock Is Heading Past Bargain Territory To Outright Steal

The current price of Meren Energy reflects little to no drilling success or value from the Venus discovery. All MRNFF interests are operated by supermajors.  That provides a reputation edge and minimizes operational risk compared to similarly sized peers. Upcoming catalysts include a Nigerian drilling campaign.

Seekingalpha | 3 months ago
Meren Energy posts strong Q1 cash flow, sees upside in West African oil demand

Meren Energy posts strong Q1 cash flow, sees upside in West African oil demand

Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) reported strong first-quarter operating cash flow and reaffirmed its 2026 production guidance, positioning itself to benefit from growing demand for non-Middle East crude supplies as geopolitical tensions reshape global energy markets. The company, which holds deepwater oil and gas assets offshore Nigeria and exposure to Namibia's emerging Orange Basin, posted EBITDAX of $100.2 million for the three months ended March 31, while cash flow from operations before working capital reached $79 million.

Proactiveinvestors | 5 months ago
Meren Energy (MRNFF) Reports Q1 Loss, Tops Revenue Estimates

Meren Energy (MRNFF) Reports Q1 Loss, Tops Revenue Estimates

Meren Energy (MRNFF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.02 per share a year ago.

Zacks | 5 months ago
Meren Energy - Higher Prices Come At A Critical Point

Meren Energy - Higher Prices Come At A Critical Point

Meren Energy has significantly outperformed the market since our last recommendation. Despite some decline concerns in existing assets, MRNFF's robust asset base underpins its value proposition. The company's growth portfolio presents compelling upside potential for investors seeking exposure to oil sector expansion.

Seekingalpha | 6 months ago
Meren Energy announces refinancing of reserve-based lending facility

Meren Energy announces refinancing of reserve-based lending facility

Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) has announced that its subsidiary, Meren Coöperatief U.A., has signed a refinancing agreement for its reserve-based lending (RBL) facility, increasing borrowing capacity and extending the company's debt maturity profile.

Proactiveinvestors | 6 months ago