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0.00 (0.00%)
Meren Energy remains undervalued despite a recent stock price increase driven by strong earnings and commodity prices. MRNFF offers a compelling 9% dividend yield. The company has a conservative debt ratio of 0.5.
Meren Energy Inc. (MER:CA) Q2 2026 Earnings Call Transcript
Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) announced that it has raised its 2026 financial guidance after reporting $219.5 million in first-half EBITDAX and $139.4 million in cash flow from operations before working capital. The company increased its full-year EBITDAX guidance midpoint to $410 million from $315 million, while raising its cash flow from operations midpoint to $247.5 million from $220 million.
Meren Energy (MRNFF) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to break-even earnings per share a year ago.
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