meren energy - MRNFF

MRNFF

Close Chg Chg %
1.42 -0.04 -2.52%

Closed Market

1.38

-0.04 (2.52%)

Volume: 161.53K

Last Updated:

Jun 18, 2026, 3:09 PM EDT

Company Overview: meren energy - MRNFF

MRNFF Key Data

Open

$1.41

Day Range

1.36 - 1.41

52 Week Range

1.18 - 1.85

Market Cap

$933.04M

Shares Outstanding

676.12M

Public Float

367.40M

Beta

0.31

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.18

Yield

1,080.30%

Dividend

$0.04

EX-DIVIDEND DATE

May 21, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

106.81K

 

MRNFF Performance

1 Week
 
-9.29%
 
1 Month
 
-18.83%
 
3 Months
 
-13.25%
 
1 Year
 
6.11%
 
5 Years
 
45.58%
 

MRNFF Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings
Full Ratings ➔

About meren energy - MRNFF

Meren Energy, Inc. is an oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas assets. It focuses on producing and development assets in deep-water offshore Nigeria. Its portfolio of exploration assets includes Nigeria, Namibia, Equatorial Guinea, and South Africa. The company was founded on March 29, 1993 and is headquartered in Vancouver, Canada.

MRNFF At a Glance

Meren Energy, Inc.
666 Burrard Street
Vancouver, British Columbia V6C 2X8
Phone 1-604-689-7842 Revenue 559.90M
Industry Oil & Gas Production Net Income -31,600,000.00
Sector Energy Minerals Employees 50
Fiscal Year-end 12 / 2026
View SEC Filings

MRNFF Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.465
Price to Book Ratio 1.159
Price to Cash Flow Ratio 2.46
Enterprise Value to EBITDA 3.141
Enterprise Value to Sales 1.749
Total Debt to Enterprise Value 0.341

MRNFF Efficiency

Revenue/Employee 11,198,000.00
Income Per Employee -632,000.00
Receivables Turnover 7.445
Total Asset Turnover 0.436

MRNFF Liquidity

Current Ratio 0.949
Quick Ratio 0.692
Cash Ratio 0.475

MRNFF Profitability

Gross Margin 23.004
Operating Margin 16.699
Pretax Margin 2.108
Net Margin -5.644
Return on Assets -2.462
Return on Equity -4.807
Return on Total Capital -2.874
Return on Invested Capital -3.994

MRNFF Capital Structure

Total Debt to Total Equity 43.583
Total Debt to Total Capital 30.354
Total Debt to Total Assets 17.101
Long-Term Debt to Equity 34.626
Long-Term Debt to Total Capital 24.116
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Meren Energy - MRNFF

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
- - - 559.90M
-
Sales Growth
- - - -
-
Cost of Goods Sold (COGS) incl D&A
- 200.00K 800.00K 431.10M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 200.00K 800.00K 218.20M
Depreciation
- 200.00K 800.00K 218.20M
Amortization of Intangibles
- - - -
-
COGS Growth
- - +300.00% +53,787.50%
-
Gross Income
- (200.00K) (800.00K) 128.80M
Gross Income Growth
- - -300.00% +16,200.00%
-
Gross Profit Margin
- - - +23.00%
-
2022 2023 2024 2025 5-year trend
SG&A Expense
27.00M 31.90M 31.80M 35.30M
Research & Development
- - - -
-
Other SG&A
27.00M 31.90M 31.80M 35.30M
SGA Growth
+49.79% +18.15% -0.31% +11.01%
Other Operating Expense
- - - -
-
Unusual Expense
170.60M 62.20M 436.70M 47.20M
EBIT after Unusual Expense
(197.60M) (94.30M) (469.30M) 46.30M
Non Operating Income/Expense
2.40M 7.80M 7.60M 4.10M
Non-Operating Interest Income
2.40M 7.80M 7.60M 4.10M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
3.50M 7.40M 4.70M 38.60M
Interest Expense Growth
-80.85% +111.43% -36.49% +721.28%
Gross Interest Expense
3.50M 7.40M 4.90M 47.80M
Interest Capitalized
- - 200.00K 9.20M
-
Pretax Income
(198.70M) (93.90M) (466.40M) 11.80M
Pretax Income Growth
-449.55% +52.74% -396.70% +102.53%
Pretax Margin
- - - +2.11%
-
Income Tax
- - - 43.40M
-
Income Tax - Current - Domestic
- - - 135.90M
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - (92.50M)
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(60.30M) 87.10M (279.10M) (31.60M)
Minority Interest Expense
- - - -
-
Net Income
(60.30M) 87.10M (279.10M) (31.60M)
Net Income Growth
-131.62% +244.44% -420.44% +88.68%
Net Margin Growth
- - - -5.64%
-
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(60.30M) 87.10M (279.10M) (31.60M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(60.30M) 87.10M (279.10M) (31.60M)
EPS (Basic)
-0.1271 0.1884 -0.621 -0.0506
EPS (Basic) Growth
-131.55% +248.23% -429.62% +91.85%
Basic Shares Outstanding
474.37M 462.23M 449.43M 624.46M
EPS (Diluted)
-0.1271 0.1842 -0.621 -0.0506
EPS (Diluted) Growth
-131.81% +244.93% -437.13% +91.85%
Diluted Shares Outstanding
474.37M 472.94M 449.43M 624.46M
EBITDA
(27.00M) (31.90M) (31.80M) 311.70M
EBITDA Growth
-49.79% -18.15% +0.31% +1,080.19%
EBITDA Margin
- - - +55.67%
-

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