Meren Energy Inc. (MER) - Net Assets

Latest as of September 2025: CA$881.30 Million CAD ≈ $637.52 Million USD

Based on the latest financial reports, Meren Energy Inc. (MER) has net assets worth CA$881.30 Million CAD (≈ $637.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.13 Billion ≈ $1.54 Billion USD) and total liabilities (CA$1.25 Billion ≈ $902.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Meren Energy Inc. (MER) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$881.30 Million
% of Total Assets 41.4%
Annual Growth Rate N/A
5-Year Change -27.24%
10-Year Change -44.67%
Growth Volatility 628.87

Meren Energy Inc. - Net Assets Trend (2000–2024)

This chart illustrates how Meren Energy Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Meren Energy Inc. asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Meren Energy Inc. (2000–2024)

The table below shows the annual net assets of Meren Energy Inc. from 2000 to 2024. For live valuation and market cap data, see Meren Energy Inc. market capitalisation.

Year Net Assets Change
2024-12-31 CA$548.80 Million
≈ $396.99 Million		 -38.65%
2023-12-31 CA$894.60 Million
≈ $647.14 Million		 +7.71%
2022-12-31 CA$830.60 Million
≈ $600.84 Million		 -12.39%
2021-12-31 CA$948.06 Million
≈ $685.81 Million		 +25.69%
2020-12-31 CA$754.29 Million
≈ $545.64 Million		 -1.62%
2019-12-31 CA$766.70 Million
≈ $554.62 Million		 -16.85%
2018-12-31 CA$922.08 Million
≈ $667.02 Million		 -5.28%
2017-12-31 CA$973.45 Million
≈ $704.18 Million		 -0.41%
2016-12-31 CA$977.44 Million
≈ $707.07 Million		 -1.46%
2015-12-31 CA$991.88 Million
≈ $717.51 Million		 +24.44%
2014-12-31 CA$797.05 Million
≈ $576.57 Million		 -14.28%
2013-12-31 CA$929.85 Million
≈ $672.64 Million		 +78.76%
2012-12-31 CA$520.15 Million
≈ $376.27 Million		 +88.50%
2011-12-31 CA$275.95 Million
≈ $199.62 Million		 +63.23%
2010-12-31 CA$169.05 Million
≈ $122.29 Million		 +89.45%
2009-12-31 CA$89.23 Million
≈ $64.55 Million		 +258.73%
2008-12-31 CA$24.87 Million
≈ $17.99 Million		 +0.80%
2007-12-31 CA$24.68 Million
≈ $17.85 Million		 +326.47%
2006-12-31 CA$5.79 Million
≈ $4.19 Million		 +132.90%
2005-12-31 CA$2.48 Million
≈ $1.80 Million		 +2963.19%
2004-12-31 CA$81.11K
≈ $58.67K		 +1771.25%
2003-12-31 CA$-4.85K
≈ $-3.51K		 -111.39%
2002-12-31 CA$42.61K
≈ $30.82K		 +111.08%
2001-12-31 CA$-384.53K
≈ $-278.16K		 -30.44%
2000-12-31 CA$-294.80K
≈ $-213.26K		 --

Equity Component Analysis

This analysis shows how different components contribute to Meren Energy Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 72941785200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$1.20 Billion 217.89%
Other Components CA$87.00 Million 15.85%
Total Equity CA$548.80 Million 100.00%

Meren Energy Inc. Competitors by Market Cap

The table below lists competitors of Meren Energy Inc. ranked by their market capitalization.

Company Market Cap
Cloudcoco Group PLC
LSE:CLCO
 $16.76K
Gunsynd PLC
LSE:GUN
 $16.88K
Rosslyn Data Technologies plc
LSE:RDT
 $17.10K
Kanabo Group PLC
LSE:KNB
 $17.31K
Regal Partners Global Investments Limited
AU:RG1
 $15.97K
Nostra Terra Oil and Gas Company PLC
LSE:NTOG
 $15.64K
Worldsec Ltd
LSE:WSL
 $15.53K
ECD Automotive Design Inc
NASDAQ:ECDA
 $15.51K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Meren Energy Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 894,600,000 to 548,800,000, a change of -345,800,000 (-38.7%).
  • Net loss of 279,000 reduced equity.
  • Dividend payments of 22,600,000 reduced retained earnings.
  • Share repurchases of 45,300,000 reduced equity.
  • Other factors decreased equity by 277,621,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-279.00K -0.05%
Dividends Paid CA$22.60 Million -4.12%
Share Repurchases CA$45.30 Million -8.25%
Other Changes CA$-277.62 Million -50.59%
Total Change CA$- -38.65%

Book Value vs Market Value Analysis

This analysis compares Meren Energy Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.01x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CA$-0.12 CA$2.45 x
2001-12-31 CA$-0.16 CA$2.45 x
2002-12-31 CA$0.01 CA$2.45 x
2003-12-31 CA$0.00 CA$2.45 x
2004-12-31 CA$0.02 CA$2.45 x
2005-12-31 CA$0.39 CA$2.45 x
2006-12-31 CA$0.45 CA$2.45 x
2007-12-31 CA$1.50 CA$2.45 x
2008-12-31 CA$1.41 CA$2.45 x
2009-12-31 CA$1.24 CA$2.45 x
2010-12-31 CA$1.99 CA$2.45 x
2011-12-31 CA$1.24 CA$2.45 x
2012-12-31 CA$2.14 CA$2.45 x
2013-12-31 CA$3.35 CA$2.45 x
2014-12-31 CA$2.56 CA$2.45 x
2015-12-31 CA$2.44 CA$2.45 x
2016-12-31 CA$2.14 CA$2.45 x
2017-12-31 CA$2.13 CA$2.45 x
2018-12-31 CA$1.97 CA$2.45 x
2019-12-31 CA$1.63 CA$2.45 x
2020-12-31 CA$1.60 CA$2.45 x
2021-12-31 CA$1.99 CA$2.45 x
2022-12-31 CA$1.75 CA$2.45 x
2023-12-31 CA$1.89 CA$2.45 x
2024-12-31 CA$1.22 CA$2.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Meren Energy Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -0.05%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.12x
  • Recent ROE (-0.05%) is above the historical average (-10.48%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 0.00% 0.00% 0.00x 0.00x CA$-127.76K
2001 0.00% 0.00% 0.00x 0.00x CA$-68.31K
2002 -183.48% 0.00% 0.00x 7.45x CA$-82.44K
2003 0.00% 0.00% 0.00x 0.00x CA$-58.81K
2004 22.33% 0.00% 0.00x 1.43x CA$10.00K
2005 -18.19% 0.00% 0.00x 1.14x CA$-700.44K
2006 -13.53% 0.00% 0.00x 1.01x CA$-1.36 Million
2007 4.72% 0.00% 0.00x 1.01x CA$-1.30 Million
2008 -14.72% 0.00% 0.00x 1.42x CA$-6.15 Million
2009 -1.52% 0.00% 0.00x 1.06x CA$-10.28 Million
2010 -2.35% 0.00% 0.00x 1.05x CA$-20.88 Million
2011 -4.44% 0.00% 0.00x 1.27x CA$-34.61 Million
2012 -4.82% 0.00% 0.00x 1.18x CA$-70.05 Million
2013 -5.98% 0.00% 0.00x 1.12x CA$-140.77 Million
2014 -13.42% 0.00% 0.00x 1.19x CA$-186.64 Million
2015 -8.79% 0.00% 0.00x 1.11x CA$-186.38 Million
2016 -1.82% 0.00% 0.00x 1.03x CA$-115.51 Million
2017 -0.47% 0.00% 0.00x 1.03x CA$-101.88 Million
2018 -7.24% 0.00% 0.00x 1.03x CA$-158.92 Million
2019 -18.68% 0.00% 0.00x 1.06x CA$-219.87 Million
2020 -2.34% 0.00% 0.00x 1.21x CA$-93.04 Million
2021 20.11% 0.00% 0.00x 1.05x CA$95.89 Million
2022 -7.26% 0.00% 0.00x 1.10x CA$-143.36 Million
2023 0.01% 0.00% 0.00x 1.08x CA$-89.37 Million
2024 -0.05% 0.00% 0.00x 1.12x CA$-55.16 Million

Industry Comparison

This section compares Meren Energy Inc.'s net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

  • Industry: Oil & Gas E&P
  • Average net assets among peers: $642,696,496
  • Average return on equity (ROE) among peers: -12.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Meren Energy Inc. (MER) CA$881.30 Million 0.00% 1.42x $16.05K
Advantage Oil & Gas Ltd. (AAV) $1.27 Billion -1.67% 1.21x $1.22 Billion
Africa Energy Corp (AFE) $189.46K 0.00% 0.21x $71.06 Million
Alvopetro Energy (ALV) $60.57 Million -7.17% 0.08x $230.37 Million
Africa Oil Corp (AOI) $929.85 Million -5.66% 0.06x $820.85 Million
Altima Resources Ltd (ARH) $18.57 Million -6.97% 0.60x $19.37 Million
ARC Resources Ltd. (ARX) $3.16 Billion 9.08% 0.68x $13.26 Billion
Athabasca Oil Corp (ATH) $965.95 Million -58.97% 0.89x $4.13 Billion
Altai Resources Inc. (ATI) $4.45 Million -2.56% 0.07x $1.42 Million
Avanti Energy Inc (AVN) $159.53K -53.64% 0.35x $24.04 Million
Arrow Exploration Corp (AXL) $10.89 Million -0.55% 0.12x $84.78 Million

About Meren Energy Inc.

TO:MER Canada Oil & Gas E&P
Market Cap
$16.05K
CA$22.19K CAD
Market Cap Rank
#31250 Global
#1676 in Canada
Share Price
CA$2.45
Change (1 day)
-1.61%
52-Week Range
CA$1.64 - CA$2.53
All Time High
CA$2.53
Categories
Companies in Canada Oil & Gas E&P
About

Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more