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Why is MER down 2.15%?
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MER:TSE
Meren Energy Inc
CA$2.04
-2.15%
(-0.045) 1D
Oct 5, 11:58:53 AM GMT-4  ·   CAD
All symbols
SymbolPriceChange% Change
Generating top insights for MER...
Open
CA$2.08
High
CA$2.08
Low
CA$2.04
Mkt. cap
1.38B
Avg. vol.
850.25K
Volume
152.37K
Dividend
10.01%
Quarterly dividend
CA$0.05
Ex-dividend date
Aug 20, 2026
52-wk high
CA$2.58
52-wk low
CA$1.67
EPS
-CA$0.20
Beta
0.16
Shares outstanding
676.12M
No. of employees
50
Open
CA$2.08
High
CA$2.08
Low
CA$2.04
Mkt. cap
1.38B
Avg. vol.
850.25K
Volume
152.37K
Dividend
10.01%
Quarterly dividend
CA$0.05
Ex-dividend date
Aug 20, 2026
52-wk high
CA$2.58
52-wk low
CA$1.67
EPS
-CA$0.20
Beta
0.16
Shares outstanding
676.12M
No. of employees
50
News stories
From web sources and news partners
About Meren Energy Inc
CEO-
Employees50
Founded1993
HeadquartersVancouver, British Columbia, Canada
SectorEnergy
Websitemereninc.com
Last report
Aug 12, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$0.03 / $0.06
-48.41%miss
Revenue / Est. (USD)
196.70M / 166.29M
+18.28%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
216.70M
197.50M
114.30M
196.70M
Cost of goods sold
88.00M
119.70M
-8.80M
76.30M
Cost of revenue
88.00M
119.70M
-8.80M
76.30M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
9.20M
5.00M
8.20M
5.30M
Operating expense
85.20M
58.60M
95.00M
43.40M
Total operating expenses
173.20M
178.30M
86.20M
119.70M
Operating income
43.50M
19.20M
28.10M
77.00M
Other non operating income
-2.20M
-2.40M
-3.40M
-900.00K
EBT including unusual items
32.30M
-95.70M
-3.10M
68.10M
EBT excluding unusual items
32.30M
9.60M
7.30M
68.10M
Income tax expense
27.10M
-4.90M
39.10M
36.30M
Effective tax rate
83.90%
5.12%
-1,261.29%
53.30%
Other operating expenses
3.00M
700.00K
37.60M
-7.20M
Net income
5.20M
-90.80M
-42.20M
31.80M
Net profit margin
2.40%
-45.97%
-36.92%
16.17%
Earnings per share
-
-0.13
-0.02
0.03
Interest and investment income
1.20M
500.00K
400.00K
500.00K
Interest expense
-9.80M
-7.20M
-6.90M
-6.70M
Net interest expenses
-8.60M
-6.70M
-6.50M
-6.20M
Depreciation and amortization charges
73.00M
52.90M
49.20M
45.30M
EBITDA
116.80M
72.50M
77.60M
122.70M
Gain or loss from assets sale
-
-
-
-
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