Meren Energy (MER.TO) Stock Price

Meren Energy Price

TSX·CLOSED
1.46
​
Market closed

Earnings per share have declined at 32.2% per year over the last 16 years. Meren Energy currently offers a dividend yield of about 10.17%. The dividend has grown at 43.7% per year over the past 3 years. Analysts set a median price target of 1.90 USD, implying 30.2% above the current price. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus.

Meren Energy stock price

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Meren Energy business model & stock analysis

Africa Oil Corp. engages in the exploration of oil and gas properties. The company is headquartered in Vancouver, British Columbia and currently employs 39 full-time employees. The firm has oil and gas interest in Kenya and Ethiopia. The firm focuses on the acquisition, exploration and development of oil and gas assets, located in under-explored geographic areas, in the early phase of the upstream oil and gas life-cycle. The firm has explored on multiple onshore exploration blocks in various geological settings in East Africa. The company has made various oil discoveries in the South Lokichar Basin (Blocks 10BB and 13T) located in the Tertiary Rift trend in Kenya. The firm's appraisal activities include extended well testing, appraisal drilling and engineering studies and sanctioning development of the oil fields in the South Lokichar Basin. Its blocks 10BA, 10BB, 12A, 13T, South Omo, and the Rift Basin Area are located in the East African Tertiary Rift trend. The company has interests in Block 9, Block 10BB, Block 12A, Block 13T, Block 10BA, South Omo and Rift Basin Area.

Frequently asked questions about Meren Energy

Analysts currently set an average price target of 2.19 USD for the Meren Energy stock (median: 1.90 USD), implying +50.1 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the Meren Energy stock: 8 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Meren Energy to generate revenue of 688.76 M USD and earnings per share of 0.11 USD.

Converted at the current exchange rate, the Meren Energy share trades at 1.31 EUR (1.46 USD).

The Meren Energy share (MER.TO) is listed on 8 stock exchanges, including: London (0QVL.L), Toronto (AOI.TO), Frankfurt (AFZ.F), München (AFZ.MU), Düsseldorf (AFZ.DU), Stockholm (AOI.ST).

The expected revenue of Meren Energy is 688.76 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Meren Energy is 73.35 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Meren Energy is currently 13.44. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Meren Energy stock.

The price-to-sales ratio (P/S) of Meren Energy is currently 1.43. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Meren Energy stock.

The Eulerpool Quality Score for Meren Energy is 4/10.

The ISIN of Meren Energy is CA5889141019. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Meren Energy is A0MZJC. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Meren Energy is MER.TO. The ticker symbol is used to trade Meren Energy shares on the stock exchange.

Fair ValueTerminal
1.27 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Oil, Gas & Consumable Fuels
Number of shares
Employees
Revenue per Employee
20.20 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
USD
Initial public offering
Jan 3, 1996
ISIN
CA5889141019
Cusip
00829Q101
Sedol
2489607
Market capitalization
986.28 M USDSmall Cap
52-Week Range
PEG
-0.97
P/E ratio
P/Ee 2026
13.45
P/Ee 2027
11.71
P/Ee 2028
10.52
P/Ee 2029
377.23
P/Ee 2030
4.83
P/S
P/Se
1.43
EV/EBIT
9.17
P/B Ratio
0.93
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-2.93 %
Dividend
Dividend yield
10.17 %
Est. Dividend Yield
10.17 %
Payout Ratio
-225.49 %
Dividend growth Ø5Y
—
Dividend payments per year
4
Dividend paid since
4 years
Dividend not reduced since
4 years
Dividend increased since
1 year
Dividend withholding tax
25.00 %
Last updated Oct 13, 2026, 3:19 PM

Meren Energy Peer Group

Meren Energy Ticker

DÜSSELDORF · AFZ.DUFRANKFURT · AFZ.FLONDON · 0QVL.LMUNICH · AFZ.MUOTC · AOIFFSTOCKHOLM · AOI.STSTOCKHOLM · AOI.STTSX · AOI.TO

All fundamentals and in-depth analysis of Meren Energy

Our stock analysis for Meren Energy stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Meren Energy. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.