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Meren Energy Inc.

CAD 2.33 +$0.46 (+24.60%)

TSX · 15 Sep 2026 20:00 UTC

Previous Close

CAD 2.29

Day Range

CAD 2.27CAD 2.34

Year Range

CAD 1.67CAD 2.58

Market Cap

1.58B

AVG Volume

877.43K

Trailing/Forward PE

-11.31/20.99

PEG ratio

-0.24

Dividend Yield

8.82%

Next Earnings Date

2026-11-10

Primary Exchange

Toronto Stock Exchange

Revenue (USD)

MER.TO Revenue (USD) by quarter
Period	Revenue (USD)
26 Q2	191.62M
26 Q1	112.43M
25 Q4	200.54M
25 Q3	216.7M
25 Q2	69.3M
25 Q1	76.4M
24 Q4	0
24 Q3	0
24 Q2	0
24 Q1	0

Net Income (USD)

MER.TO Net Income (USD) by quarter
Period	Net Income (USD)
26 Q2	30.98M
26 Q1	-41.51M
25 Q4	-92.2M
25 Q3	5.2M
25 Q2	3.1M
25 Q1	50.9M
24 Q4	6.2M
24 Q3	-289.2M
24 Q2	400K
24 Q1	3.5M

Operating Income (USD)

MER.TO Operating Income (USD) by quarter
Period	Operating Income (USD)
26 Q2	75.01M
26 Q1	24.59M
25 Q4	17.26M
25 Q3	46.5M
25 Q2	33.9M
25 Q1	-400K
24 Q4	7.1M
24 Q3	-290.3M
24 Q2	-700K
24 Q1	-5.1M

EBITDA (USD)

MER.TO EBITDA (USD) by quarter
Period	EBITDA (USD)
26 Q2	122.55M
26 Q1	76.33M
25 Q4	74.33M
25 Q3	116.8M
25 Q2	102.6M
25 Q1	68.5M
24 Q4	2.25M
24 Q3	11.95M
24 Q2	1.7M
24 Q1	4.8M

Cash Flows (USD)

MER.TO Cash Flows (USD) by quarter
Period	Cash Flows (USD)
26 Q2	58.81M
26 Q1	-33.05M
25 Q4	74.13M
25 Q3	124.9M
25 Q2	-20M
25 Q1	32.8M
24 Q4	-16.1M
24 Q3	-10.3M
24 Q2	-8.2M
24 Q1	-6.3M

EPS (USD)

MER.TO EPS (USD) by quarter
Period	EPS (USD)
26 Q2	0.04
26 Q1	-0.06
25 Q4	-0.14
25 Q3	0.01
25 Q2	0
25 Q1	0.11
24 Q4	0.01
24 Q3	-0.65
24 Q2	0
24 Q1	0.01

Expenses (USD)

MER.TO Expenses (USD) by quarter
Period	Expenses (USD)
26 Q2	4.77M
26 Q1	8.2M
25 Q4	4.67M
25 Q3	31M
25 Q2	39.1M
25 Q1	17.1M
24 Q4	14.2M
24 Q3	4.7M
24 Q2	10.4M
24 Q1	5.1M

Cash & Debt (USD)

MER.TO Cash & Debt (USD) by quarter
Period	Cash & Debt (USD)
26 Q2	77.57M
26 Q1	161.71M
25 Q4	174.38M
25 Q3	176.7M
25 Q2	266.6M
25 Q1	428.4M
24 Q4	61.4M
24 Q3	136.1M
24 Q2	185.6M
24 Q1	195.5M

Debt ratios

MER.TO Debt ratios by quarter
Period	Debt ratios
26 Q2	0.55
26 Q1	0.57
25 Q4	0.45
25 Q3	0.43
25 Q2	0.61
25 Q1	-0.22
24 Q4	-2.81
24 Q3	1.93
24 Q2	5.71
24 Q1	-2.49

Margins

MER.TO Margins by quarter
Period	Margins
26 Q2	41.64%
26 Q1	28.78%
25 Q4	10.94%
25 Q3	25.7%
25 Q2	65.51%
25 Q1	17.15%

Return on Capital

MER.TO Return on Capital by quarter
Period	Return on Capital
26 Q2	4.4%
26 Q1	-5.93%
25 Q4	-12.06%
25 Q3	0.59%
25 Q2	0.34%
25 Q1	5.52%
24 Q4	1.13%
24 Q3	-52.71%
24 Q2	0.05%
24 Q1	0.4%

Shares Outstanding

MER.TO Shares Outstanding by quarter
Period	Shares Outstanding
26 Q2	676.12M
26 Q1	675.94M
25 Q4	675.69M
25 Q3	675.51M
25 Q2	675.01M
25 Q1	468.47M
24 Q4	465.12M
24 Q3	465.12M
24 Q2	465.12M
24 Q1	460.99M

Dividends (USD)

MER.TO Dividends (USD) by quarter
Period	Dividends (USD)
Aug 26	0.05
May 26	0.05
Mar 26	0.05
Nov 25	0.05
Aug 25	0.05
May 25	0.05
Mar 25	0.05
Sep 24	0.03
Mar 24	0.03
Sep 23	0.03

Book Value Per Share (USD)

MER.TO Book Value Per Share (USD) by quarter
Period	Book Value Per Share (USD)
26 Q2	1.04
26 Q1	1.03
25 Q4	1.13
25 Q3	1.3
25 Q2	1.34
25 Q1	1.97
24 Q4	1.18
24 Q3	1.18
24 Q2	1.82
24 Q1	1.89

Total Assets (USD)

MER.TO Total Assets (USD) by quarter
Period	Total Assets (USD)
26 Q2	1.83B
26 Q1	1.97B
25 Q4	1.95B
25 Q3	2.13B
25 Q2	2.39B
25 Q1	2.51B
24 Q4	615.2M
24 Q3	616.1M
24 Q2	923.6M
24 Q1	946.2M

PE Ratio

MER.TO PE Ratio by quarter
Period	PE Ratio
Mar 26	17.92
Mar 26	16.49
Mar 26	17.09
Mar 26	17.14
Feb 26	16.51
Feb 26	17.22
Feb 26	18.06
Feb 26	15.87
Jan 26	16.16
Jan 26	15.08
Jan 26	14.4
Jan 26	13.66
Jan 26	14.07
Sep 24	8.74
Sep 24	8.76
Sep 24	9.29
Sep 24	9.2
Aug 24	10.25
Aug 24	10.48
Aug 24	10.36
Aug 24	10.36
Aug 24	10.6
Jul 24	11.55
Jul 24	12.07
Jul 24	12.06
Jul 24	12.2
Jun 24	9.59
Jun 24	9.11
Jun 24	9.08
Jun 24	9.6
May 24	10.29
May 24	9.56
May 24	9.44
May 24	9.59
May 24	9.54
Apr 24	9.87
Apr 24	9.26
Apr 24	9.56
Apr 24	10.2
Dec 23	51.63
Dec 23	49.19
Dec 23	48.85
Dec 23	50.77
Nov 23	51.65
Nov 23	51.71
Nov 23	51.03
Nov 23	52.33
Oct 23	50.16
Oct 23	52.1
Oct 23	51.93
Oct 23	51.13
Sep 23	54.21
Mar 23	5.8
Mar 23	5.31
Mar 23	6.02
Mar 23	5.84
Feb 23	5.7
Feb 23	5.57
Feb 23	5.85
Feb 23	5.32
Jan 23	5.74
Jan 23	5.29
Jan 23	4.98
Jan 23	4.72
Dec 22	4.97
Dec 22	5.4
Dec 22	5.42
Dec 22	5.33
Dec 22	6.24
Nov 22	6.22
Nov 22	6.3
Nov 22	7.05
Nov 22	7.33
Oct 22	6.99
Oct 22	6.9
Oct 22	6.51
Oct 22	6.58
Sep 22	5.36
Sep 22	4.22
Sep 22	4.86
Sep 22	4.88
Sep 22	4.77
Aug 22	4.82
Aug 22	4.58
Aug 22	4.86
Aug 22	4.37
Jul 22	4.46
Jul 22	4.14
Jul 22	3.75
Jul 22	3.94
Jun 22	3.85
Jun 22	4.13
Jun 22	4.23
Jun 22	5.09
Jun 22	5.38
May 22	5.15
May 22	4.75
May 22	4.73
May 22	5.31
Apr 22	5.11

Free Cash Flow Yield

MER.TO Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	13.08%
Sep 26	13.02%
Sep 26	13.46%
Aug 26	13.34%
Aug 26	13.27%
Aug 26	13.2%
Aug 26	14.97%
Jul 26	14.98%
Jul 26	14.63%
Jul 26	15.21%
Jul 26	15.51%
Jul 26	15.42%
Jun 26	23.05%
Jun 26	22.51%
Jun 26	20.59%
Jun 26	19.95%
May 26	18.87%
May 26	18.35%
May 26	18.41%
May 26	18.4%
May 26	17.38%
Apr 26	17.85%
Apr 26	18.58%
Apr 26	18.15%
Apr 26	18.26%
Mar 26	10.37%
Mar 26	11.28%
Mar 26	10.88%
Mar 26	10.85%
Feb 26	11.26%
Feb 26	10.8%
Feb 26	10.3%
Feb 26	11.72%
Jan 26	11.51%
Jan 26	12.33%
Jan 26	12.91%
Jan 26	13.61%
Jan 26	13.21%
Dec 25	-1.55%
Dec 25	-1.61%
Dec 25	-1.52%
Dec 25	-1.52%
Nov 25	-1.65%
Nov 25	-1.63%
Nov 25	-1.55%
Nov 25	-1.59%
Oct 25	-1.55%
Oct 25	-1.59%
Oct 25	-1.66%
Oct 25	-1.61%
Oct 25	-1.52%
Sep 25	-0.28%
Sep 25	-0.29%
Sep 25	-0.3%
Sep 25	-0.3%
Aug 25	-0.3%
Aug 25	-0.29%
Aug 25	-0.31%
Aug 25	-0.3%
Aug 25	-0.3%
Jul 25	-0.3%
Jul 25	-0.31%
Jul 25	-0.31%
Jul 25	-0.32%
Jun 25	-7.07%
Jun 25	-6.75%
Jun 25	-6.75%
Jun 25	-6.69%
May 25	-6.71%
May 25	-6.29%
May 25	-6.53%
May 25	-6.77%
May 25	-6.6%
Apr 25	-6.65%
Apr 25	-6.61%
Apr 25	-7.17%
Apr 25	-6.95%
Mar 25	-4.57%
Mar 25	-4.33%
Mar 25	-4.8%
Mar 25	-4.97%
Feb 25	-4.95%
Feb 25	-4.97%
Feb 25	-4.83%
Feb 25	-5%
Jan 25	-5.03%
Jan 25	-4.89%
Jan 25	-4.74%
Jan 25	-4.52%
Jan 25	-4.61%
Dec 24	-4.67%
Dec 24	-4.81%
Dec 24	-4.54%
Dec 24	-4.61%
Nov 24	-4.4%
Nov 24	-4.18%
Nov 24	-4.61%
Nov 24	-4.68%
Nov 24	-4.93%
Oct 24	-4.67%

Price to Sales

MER.TO Price to Sales by quarter
Period	Price to Sales
Sep 26	1.86
Sep 26	1.87
Sep 26	1.81
Aug 26	1.83
Aug 26	1.84
Aug 26	1.85
Aug 26	1.63
Jul 26	1.63
Jul 26	1.67
Jul 26	1.6
Jul 26	1.57
Jul 26	1.58
Jun 26	1.63
Jun 26	1.67
Jun 26	1.83
Jun 26	1.89
May 26	1.99
May 26	2.05
May 26	2.04
May 26	2.05
May 26	2.16
Apr 26	2.11
Apr 26	2.03
Apr 26	2.07
Apr 26	2.06
Mar 26	3.23
Mar 26	2.98
Mar 26	3.08
Mar 26	3.09
Feb 26	2.98
Feb 26	3.11
Feb 26	3.26
Feb 26	2.86
Jan 26	2.92
Jan 26	2.72
Jan 26	2.6
Jan 26	2.47
Jan 26	2.54
Dec 25	6.03
Dec 25	5.81
Dec 25	6.12
Dec 25	6.14
Nov 25	5.67
Nov 25	5.72
Nov 25	6.01
Nov 25	5.87
Oct 25	6.02
Oct 25	5.86
Oct 25	5.62
Oct 25	5.79
Oct 25	6.15
Sep 25	8.4
Sep 25	8.06
Sep 25	7.88
Sep 25	7.76
Aug 25	7.95
Aug 25	8.08
Aug 25	7.63
Aug 25	7.76
Aug 25	7.87
Jul 25	7.92
Jul 25	7.51
Jul 25	7.48
Jul 25	7.44

EV/EBITDA

MER.TO EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	3.59
Sep 26	3.6
Sep 26	3.51
Aug 26	3.53
Aug 26	3.55
Aug 26	3.56
Aug 26	3.21
Jul 26	3.21
Jul 26	3.27
Jul 26	3.17
Jul 26	3.12
Jul 26	3.13
Jun 26	2.98
Jun 26	3.04
Jun 26	3.29
Jun 26	3.38
May 26	3.54
May 26	3.63
May 26	3.62
May 26	3.62
May 26	3.81
Apr 26	3.72
Apr 26	3.59
Apr 26	3.67
Apr 26	3.65
Mar 26	4.47
Mar 26	4.14
Mar 26	4.28
Mar 26	4.29
Feb 26	4.15
Feb 26	4.31
Feb 26	4.5
Feb 26	4
Jan 26	4.07
Jan 26	3.83
Jan 26	3.67
Jan 26	3.51
Jan 26	3.6
Dec 25	5.35
Dec 25	5.18
Dec 25	5.42
Dec 25	5.43
Nov 25	5.07
Nov 25	5.1
Nov 25	5.34
Nov 25	5.23
Oct 25	5.34
Oct 25	5.22
Oct 25	5.03
Oct 25	5.16
Oct 25	5.44
Sep 25	7.38
Sep 25	7.07
Sep 25	6.91
Sep 25	6.8
Aug 25	6.97
Aug 25	7.09
Aug 25	6.69
Aug 25	6.8
Aug 25	6.9
Jul 25	6.95
Jul 25	6.57
Jul 25	6.55
Jul 25	6.51
Jun 25	25.12
Jun 25	26.48
Jun 25	26.48
Jun 25	26.74
May 25	26.64
May 25	28.62
May 25	27.44
May 25	26.39
May 25	27.13
Apr 25	26.89
Apr 25	27.08
Apr 25	24.75
Apr 25	25.63
Sep 24	5.31
Sep 24	5.32
Sep 24	5.79
Sep 24	5.71
Aug 24	6.65
Aug 24	6.86
Aug 24	6.75
Aug 24	6.75
Aug 24	6.96
Jul 24	7.81
Jul 24	8.28
Jul 24	8.27
Jul 24	8.39
Jun 24	6.37
Jun 24	5.93
Jun 24	5.9
Jun 24	6.38
May 24	7.02
May 24	6.34
May 24	6.23
May 24	6.37
May 24	6.33
Apr 24	6.63

Price/Operating Cashflow

MER.TO Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	5.63
Sep 26	5.66
Sep 26	5.47
Aug 26	5.52
Aug 26	5.55
Aug 26	5.58
Aug 26	4.92
Jul 26	4.92
Jul 26	5.03
Jul 26	4.84
Jul 26	4.75
Jul 26	4.78
Jun 26	3.43
Jun 26	3.52
Jun 26	3.84
Jun 26	3.97
May 26	4.19
May 26	4.31
May 26	4.3
May 26	4.3
May 26	4.55
Apr 26	4.43
Apr 26	4.26
Apr 26	4.36
Apr 26	4.34
Mar 26	6.61
Mar 26	6.08
Mar 26	6.3
Mar 26	6.32
Feb 26	6.09
Feb 26	6.35
Feb 26	6.66
Feb 26	5.85
Jan 26	5.96
Jan 26	5.56
Jan 26	5.31
Jan 26	5.04
Jan 26	5.19
Dec 25	43.08
Dec 25	41.49
Dec 25	43.74
Dec 25	43.83
Nov 25	40.5
Nov 25	40.84
Nov 25	42.96
Nov 25	41.94
Oct 25	43.01
Oct 25	41.86
Oct 25	40.13
Oct 25	41.37
Oct 25	43.9
Sep 25	356.66
Sep 25	342.07
Sep 25	334.65
Sep 25	329.49
Aug 25	337.23
Aug 25	342.75
Aug 25	324.06
Aug 25	329.26
Aug 25	334.14
Jul 25	336.32
Jul 25	318.73
Jul 25	317.62
Jul 25	315.85

Price to Book

MER.TO Price to Book by quarter
Period	Price to Book
Sep 26	1.6
Sep 26	1.6
Sep 26	1.55
Aug 26	1.56
Aug 26	1.57
Aug 26	1.58
Aug 26	1.39
Jul 26	1.39
Jul 26	1.43
Jul 26	1.37
Jul 26	1.35
Jul 26	1.35
Jun 26	1.2
Jun 26	1.23
Jun 26	1.35
Jun 26	1.39
May 26	1.47
May 26	1.51
May 26	1.5
May 26	1.51
May 26	1.59
Apr 26	1.55
Apr 26	1.49
Apr 26	1.53
Apr 26	1.52
Mar 26	1.33
Mar 26	1.22
Mar 26	1.27
Mar 26	1.27
Feb 26	1.23
Feb 26	1.28
Feb 26	1.34
Feb 26	1.18
Jan 26	1.2
Jan 26	1.12
Jan 26	1.07
Jan 26	1.01
Jan 26	1.04
Dec 25	0.98
Dec 25	0.94
Dec 25	0.99
Dec 25	0.99
Nov 25	0.92
Nov 25	0.92
Nov 25	0.97
Nov 25	0.95
Oct 25	0.97
Oct 25	0.95
Oct 25	0.91
Oct 25	0.94
Oct 25	0.99
Sep 25	0.7
Sep 25	0.67
Sep 25	0.65
Sep 25	0.64
Aug 25	0.66
Aug 25	0.67
Aug 25	0.63
Aug 25	0.64
Aug 25	0.65
Jul 25	0.66
Jul 25	0.62
Jul 25	0.62
Jul 25	0.62
Jun 25	1.05
Jun 25	1.1
Jun 25	1.1
Jun 25	1.11
May 25	1.11
May 25	1.19
May 25	1.14
May 25	1.1
May 25	1.13
Apr 25	1.12
Apr 25	1.13
Apr 25	1.04
Apr 25	1.07
Mar 25	1.22
Mar 25	1.29
Mar 25	1.16
Mar 25	1.12
Feb 25	1.13
Feb 25	1.12
Feb 25	1.15
Feb 25	1.12
Jan 25	1.11
Jan 25	1.14
Jan 25	1.18
Jan 25	1.23
Jan 25	1.21
Dec 24	0.73
Dec 24	0.71
Dec 24	0.75
Dec 24	0.74
Nov 24	0.77
Nov 24	0.81
Nov 24	0.74
Nov 24	0.73
Nov 24	0.69
Oct 24	0.73

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Meren Energy Inc.

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