TSX Energy Oil & Gas Exploration & Production MER.TO

Meren Energy Inc.

$ 1.97 1.03 %

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.

CEO: Oliver Quinn - https://www.africaoilcorp.com

Summary 30-Y Financials Dividend Analyst Key metrics Ownership / Senat
Price objectif

-

Recommandation

Buy

DCF

$ 38.97

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MER.TO vs S&P500

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Quick ratio

0.95

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

-6.35

may indicate that the company is undervalued or has poor growth prospects.

EPS

-0.31

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

-15.45 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

7.37 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.62

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.53

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.22

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

-80.22 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
0.33 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.51 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.19 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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