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
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.
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%.
Average
-2.65%
Median
-2.08%
Minimum
-18.68%
Maximum
20.11%
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%
| Year | ROE | Change |
|---|---|---|
| 2024 | -0.05% | -622.16% |
| 2023 | 0.01% | -100.13% |
| 2022 | -7.26% | -136.09% |
| 2021 | 20.11% | -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% |
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.’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%),
| Company | ROE | Market cap |
|---|---|---|
| 9.62% | $1.46B | |
| 6.87% | $1.57B | |
| 7.07% | $1.56B | |
| 17.16% | $1.08B | |
| 6.26% | $1.28B | |
| -70.77% | $696.99M | |
| 21.23% | $1.19B | |
| -14.94% | $582.57M | |
| 47.74% | $844.50M | |
| 124.38% | $646.63M |
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