TSE:MER
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Nervous markets await NvidiaMeren 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
In the last year, 1 stock analyst published opinions about MER-T. 1 analyst 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.
Meren Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Meren Energy.
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.
In the last year 1 stock analyst on Stockchase covered Meren Energy. The stock is worth watching.
On 2025-07-02, Meren Energy (MER-T) stock closed at a price of $1.67.
(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.