Meren Energy Inc MER

Morningstar Rating
SEK 14.36 0.00 (0.00%)
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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.

Price vs Fair Value

MER is trading at a LOCK|h>G%G premium.
Price
SEK 14.36
Fair Value
LOCK|.>#Lq!%<
Uncertainty
LOCK|LfVGS
1-Star Price
LOCK|.Mb%$l
5-Star Price
LOCK|.XyrqVJ
Economic Moat
LOCK|Pb
Capital Allocation
—

Trading Information

Previous Close Price
SEK 14.36
Day Range
SEK 14.28–14.46
52-Week Range
SEK 11.37–17.25
Bid/Ask
SEK 14.34 / SEK 14.38
Shares Outstanding
676.12M
Market Cap
SEK 9.71B
Volume/Avg
115,712 / 648,611

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
1.43
Dividend Yield (Trailing)
9.73%
Dividend Yield (Forward)
9.91%
Dividend Payment Schedule
Apr, Jun, Sep, Dec
Total Yield
9.73%

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

Valuation

Metric
MER
Price/Earnings (Normalized)
—
Price/Book Value
1.42
Price/Sales
1.43
Price/Cash Flow
5.37
Price/Earnings
MER

Financial Strength

Metric
MER
Quick Ratio
0.75
Current Ratio
1.14
Interest Coverage
0.94
Quick Ratio
MER

Profitability

Metric
MER
Return on Assets (Normalized)
−0.32%
Return on Equity (Normalized)
−0.82%
Return on Invested Capital (Normalized)
2.93%
Return on Assets
MER

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