MER.TO
Price:
$1.83
Market Cap:
$894.31M
Meren Energy Inc., formerly known as Africa Oil Corp., is a Canadian oil and gas exploration and production company. It operates in Nigeria, Namibia, South Africa, and Equatorial Guinea, holding interests in producing and development assets in deep-water Nigeria, as well as a portfolio of development and exploration assets in West and South Africa.
Industry
Oil & Gas Exploration & Production
IPO Date
1996-08-08
Stock Exchange
TSX
Ticker
MER.TO
According to Meren Energy Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 12.20. This represents a change of -48.75% compared to the average of 23.81 of the last 4 quarters.
The mean historical PE Ratio of Meren Energy Inc. over the last ten years is 792.04. The current 12.20 PE Ratio has changed 54.03% with respect to the historical average. Over the past ten years (40 quarters), MER.TO's PE Ratio was at its highest in in the June 2024 quarter at 542.16. The PE Ratio was at its lowest in in the September 2018 quarter at -431.14.
Average
792.04
Median
-10.44
Minimum
-2282.16
Maximum
10.43K
Discovering the peaks and valleys of Meren Energy Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 652.04%
Maximum Annual PE Ratio = 10.43K
Minimum Annual Increase = -73909.10%
Minimum Annual PE Ratio = -2282.16
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -2282.16 | -121.88% |
| 2023 | 10.43K | -73909.10% |
| 2022 | -14.13 | -502.26% |
| 2021 | 3.51 | -115.84% |
| 2020 | -22.17 | 648.71% |
| 2019 | -2.96 | -46.67% |
| 2018 | -5.55 | -95.65% |
| 2017 | -127.64 | 151.26% |
| 2016 | -50.80 | 652.04% |
| 2015 | -6.75 | 11.97% |
The current PE Ratio of Meren Energy Inc. (MER.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.71K
5-year avg
1.62K
10-year avg
792.04
Meren Energy Inc.’s PE Ratio is less than Cardinal Energy Ltd. (16.59), less than Kelt Exploration Ltd. (21.60), less than Spartan Delta Corp. (36.76), greater than Kiwetinohk Energy Corp. (8.29), greater than Precision Drilling Corporation (12.06), greater than Ur-Energy Inc. (-6.38), greater than Trican Well Service Ltd. (11.15), greater than Obsidian Energy Ltd. (-2.74), greater than Valeura Energy Inc. (2.66), greater than Tenaz Energy Corp. (3.72),
| Company | PE Ratio | Market cap |
|---|---|---|
| 16.59 | $1.46B | |
| 21.60 | $1.57B | |
| 36.76 | $1.56B | |
| 8.29 | $1.08B | |
| 12.06 | $1.28B | |
| -6.38 | $696.99M | |
| 11.15 | $1.19B | |
| -2.74 | $582.57M | |
| 2.66 | $844.50M | |
| 3.72 | $646.63M |
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