Valuation
- Market cap
- 1,000,650,000
- Revenue TTM
- $562,100,000
- Net income TTM
- $-31,600,000
- PE ratio
- 21.14
- Forward PE
- 11.39
- Profit margin
- -5.62%
- Debt to equity
- 0.42
Trading
- Volume
- 142,500
- Avg volume
- 368,040
- Day's range
- $1.43 – $1.46
- Shares out
- 676,115,000
- Stochastic %K
- 17%
- Beta
- 0.32
- Analysts
- Sell
- Price target
- $1.80
Company profile
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...
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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.
- Industry
- Oil & Gas E&P
- Sector
- Energy
- Website
- https://mereninc.com
- Address
- 666 Burrard Street, Suite 2500, Vancouver, Canada
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