Meren Energy Inc MRNFF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $1.48
- Day Range
- $1.43–1.46
- 52-Week Range
- $1.19–1.85
- Bid/Ask
- $1.43 / $1.55
- Shares Outstanding
- 676.12M
- Market Cap
- $983.75M
- Volume/Avg
- 142,553 / 282,829
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 1.38
- Dividend Yield (Trailing)
- 10.03%
- Dividend Yield (Forward)
- 10.03%
- Dividend Payment Schedule
- Apr, Jun, Sep, Dec
- Total Yield
- 10.03%
Company Profile
Meren Energy Inc is an Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa, and Equatorial Guinea. The development assets of the company are in deepwater Nigeria operated by Majors. The Company holds a forward position in the Orange Basin, including its interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 50
- Website
- https://www.mereninc.com
Valuation
|
Metric
|
MRNFF
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 1.42 |
Price/Sales | 1.38 |
Price/Cash Flow | 5.19 |
Price/Earnings
MRNFF
Financial Strength
|
Metric
|
MRNFF
|
|---|---|
Quick Ratio | 0.75 |
Current Ratio | 1.14 |
Interest Coverage | 0.94 |
Quick Ratio
MRNFF
Profitability
|
Metric
|
MRNFF
|
|---|---|
Return on Assets (Normalized) | −0.32% |
Return on Equity (Normalized) | −0.82% |
Return on Invested Capital (Normalized) | 2.93% |
Return on Assets
MRNFF
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United States