TSE:MER
Meren Energy (MER-T)
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
Nervous markets await Nvidia(Name changed from Africa Oil on 15 May 2025.)
Bought out joint venture partner in Nigeria. Has begun the process of decapitalizing. Generates substantial surplus cashflow, which it's returning to shareholders via dividends and buybacks. Market is nervous about Nigeria, as it should be. Controlling shareholders have been reducing their ownership. CEO, whom he respected, has resigned.
He continues to own it in the hopes that some of the cashflow can be directed to exploring the extraordinary potential in the country.
- «
- ‹
- 1
- ›
- »
Meren Energy(MER-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Meren Energy(MER-T) Frequently Asked Questions
What is Meren Energy stock symbol?
Meren Energy is a Canadian stock, trading under the symbol MER-T on the Toronto Stock Exchange (MER-CT). It is usually referred to as TSX:MER or MER-T
Is Meren Energy a buy or a sell?
In the last year, 2 stock analysts published opinions about MER-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Meren Energy.
Is Meren Energy a good investment or a top pick?
Meren Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Meren Energy.
Why is Meren Energy stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Meren Energy worth watching?
In the last year, there was no coverage of Meren Energy published on Stockchase.
What is Meren Energy stock price?
On 2025-07-25, Meren Energy (MER-T) stock closed at a price of $1.77.
MER is interesting. A lot of its oil production is hedged, which is great when there is oil weakness and not s great in an oil rally. Still, it is a very cheap stock and offers a very high dividend right now. The merger with Prime looks good, though the discussions with Tullow have collapsed. It gets a good premium on its production, a combination of good transportation costs, hedging and grades as well. With its very large 2022 discovery now getting more developed (the largest in the world in many years) the growth outlook we think is better than many Canadian names. Risks are still higher, though. With the dividend (likely OK), growth, management, shareholders and benefits of the merger, we do think it should be trading at more than 6X earnings. The average analyst target price is more than twice the current trading price.
Unlock Premium - Try 5i Free