Meren Energy Inc.

Meren Energy Inc.verified

MER.TO

Price:

$1.83

Market Cap:

$893.64M

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

The ROE as of December 2025 (TTM) for Meren Energy Inc. (MER.TO) is -31.36%

According to Meren Energy Inc.’s latest financial reports and current stock price. The company's current ROE is -31.36%. This represents a change of 174.41% compared to the average of -11.43% of the last 4 quarters.

Meren Energy Inc. (MER.TO) Historical ROE (quarterly & annually)

How has MER.TO ROE performed in the past?

The mean historical ROE of Meren Energy Inc. over the last ten years is -2.65%. The current -31.36% ROE has changed 1.08% with respect to the historical average. Over the past ten years (40 quarters), MER.TO's ROE was at its highest in in the June 2023 quarter at 11.30%. The ROE was at its lowest in in the September 2024 quarter at -52.71%.

Quarterly (TTM)
Annual

Average

-2.65%

Median

-2.08%

Minimum

-18.68%

Maximum

20.11%

Meren Energy Inc. (MER.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Meren Energy Inc. ROE, 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 = 1.45%

Maximum Annual ROE = 20.11%

Minimum Annual Increase = -961.38%

Minimum Annual ROE = -18.68%

Quarterly (TTM)
Annual
YearROEChange
2024-0.05%-622.16%
20230.01%-100.13%
2022-7.26%-136.09%
202120.11%-961.38%
2020-2.34%-87.50%
2019-18.68%158.15%
2018-7.24%1.45%
2017-0.47%-74.39%
2016-1.82%-79.33%
2015-8.79%-34.48%

Meren Energy Inc. (MER.TO) Average ROE

How has MER.TO ROE performed in the past?

The current ROE of Meren Energy Inc. (MER.TO) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.43%

5-year avg

2.10%

10-year avg

-2.65%

Meren Energy Inc. (MER.TO) ROE vs. Peers

How is MER.TO’s ROE compared to its peers?

Meren Energy Inc.’s ROE is less than Cardinal Energy Ltd. (9.62%), less than Kelt Exploration Ltd. (6.87%), less than Spartan Delta Corp. (7.07%), less than Kiwetinohk Energy Corp. (17.16%), less than Precision Drilling Corporation (6.26%), greater than Ur-Energy Inc. (-70.77%), less than Trican Well Service Ltd. (21.23%), greater than Obsidian Energy Ltd. (-14.94%), less than Valeura Energy Inc. (47.74%), less than Tenaz Energy Corp. (124.38%),

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