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    Oil & Gas Exploration & Production
Meren Energy Inc.

Meren Energy Inc.

AOIFF
Meren Energy Inc.US flagOther OTC
1.67
USD
-0.06
- -
1.13BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.6
Basic EPS, GAAP
-0.1
-0.2
-0.34
-0.21
-0.04
-0.01
-0.14
-0.33
-0.04
0.4
-0.13
0.19
-0.62
0.11
Free Cash Flow per Basic Share
-1.25
-1.79
-2.85
-1.11
-0.22
-0.27
-0.2
-0.16
-0.1
-0.03
-0.04
-0.15
-0.11
0.2
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.05
0.05
0.05
0.12
Book Value per Share
2.09
3.26
2.43
2.33
2.03
2.02
1.86
1.52
1.47
1.89
1.63
1.8
1.03
1.3
Tangible Book Value per Share
1.08
1.68
0.04
0.14
0.97
0.99
0.87
0.75
1.2
2
1.75
1.94
1.22
1.45
Basic Weighted Avg Shares
221
263
311
406
456
457
468
471
472
473
474
462
449
606
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
362
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
101.6
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
156
Net Income, GAAP
-23
-53
-107
-87
-18
-5
-67
-157
-18
191
-60
87
-279
65
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
42.48
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
18.05
Working Capital
238
440
11
50
435
436
341
291
29
52
157
215
62
48
LT Debt
- -
- -
- -
- -
- -
- -
- -
2
141
- -
- -
- -
3
300
Total Equity
520
930
797
992
977
973
922
767
754
948
831
895
549
881
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1.95
- -
-3.7
- -
22.95
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
24.1
- -
11.81
- -
9.1
Return on Common Equity (%)
-6.59
-8
-13.25
-10.24
-1.9
-0.49
-7.43
-19.76
-2.5
23.95
-7.23
10.86
-43.11
10.44

Capital Structure

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
214
165
64
LT Borrowings
406
376
297
LT Finance Leases
2
2
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
675
676
676
Market Capitalization
650
650
800

Working Capital

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
735
594
382
Cash, Cash Equivalents & STI
428
267
177
Accounts Receivable, Net
156
69
6
Inventories
95
96
95
Total Current Liabilities
552
474
335
Payables & Accruals
237
212
173
ST Debt
214
165
64
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.88%
-3.85%
-38.65%
Free Cash Flow
0.43%
30.7%
-29.26%
Net Income, GAAP
-73.31%
-413.58%
-420.44%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
-2.16%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
76
69
217
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.05
0.23
0.1
- -
0.19
2024
0.01
- -
-0.65
- -
-0.62
2025
0.11
- -
0.01
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.02
- -
0.03
- -
0.05
2024
0.02
- -
0.03
- -
0.05
2025
- -
0.07
0.04
- -
- -

Company Description

APIChat
CEO
Roger Morris Tucker
Full Time Employees
25
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
885 West Georgia Street Vancouver BC Canada V6C 3E8
IPO Date
Jan 8, 2009
Website
mereninc.com
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Business
Meren Energy Inc. is a Canadian upstream oil and gas company, formerly Africa Oil Corp., which rebranded in May 2025. The company operates as a full-cycle exploration and production entity, with a portfolio of producing and development assets concentrated in deepwater Nigeria, a significant carried interest in the Orange Basin spanning Namibia and South Africa, and operated licenses in Equatorial Guinea.

Company News

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