Meren Energy Inc.MER.TO

$1.97+0.02 (+1.03%)
TSXEnergy24:00 UTC

Company snapshot

Market Cap
$1B
Small-cap
+79%
2016 — today
10-Year Price
+21%
2016 — today
52-Week Range
$1.64$2.53
Current $1.97· 37%

Formerly known as Africa Oil Corp., Meren Energy Inc. is a Canadian company specializing in the exploration and production of oil and gas. The firm conducts its operations across Nigeria, Namibia, South Africa, and Equatorial Guinea, possessing interests in both active production and development assets in deep-water Nigeria, alongside a diverse portfolio of development and exploration projects throughout West and South Africa.

Valuation in context

P/E ratio
-10.4
N/A
Not meaningful — company is unprofitable
P/B ratio
1.9
Near historic high
Near historic highs — last 10 years
EV / EBITDA
4.2
Historically cheap
Historically cheap relative to the last 10 years
Dividend Yield
10.5%
Near historic high
Near historic highs — last 10 years
FCF Yield
11.0%
Near historic high
Near historic highs — last 10 years
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