Is Meren Energy Inc. (MRNFF) a Buy, Sell, or Hold?
OTC : MRNFF
Meren Energy Inc.
$1.45 USD
$0.03 (2.11%)
- Volume
- 11.16K
- Average Volume
- 106.65K
- Market Capitalization
- $980.37M
- P/E Ratio
- -7.66
- Dividend Yield
- 10.10%
- Price Target
- Year High
- $1.85
- Year Low
- $1.19
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$0.80
- Current Ratio
- $1.26
MRNFF Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| revenue | 569.7M | - | - | - | - |
| costOfRevenue | 438.65M | - | - | - | - |
| grossProfit | 131.05M | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | 32.4M | 31.9M | 27M | 18M |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 35.92M | 32.4M | 31.9M | 27M | 18M |
| otherExpenses | - | 249.4M | -118.8M | 32.2M | -226.9M |
| operatingExpenses | 35.92M | 281.8M | -86.9M | 59.2M | -208.9M |
| costAndExpenses | 474.56M | 281.8M | -86.9M | 59.2M | -208.9M |
| netInterestIncome | -35.1M | 2.7M | 200K | -1.1M | -18.2M |
| interestIncome | 4.17M | 7.6M | 7.8M | 2.4M | 100000 |
| interestExpense | 39.28M | 4.9M | 7.6M | 3.5M | 18.3M |
| depreciationAndAmortization | 222.02M | - | - | - | - |
| ebitda | 273.3M | -274.2M | 94.7M | -56.8M | 209M |
| ebit | 51.28M | -274.2M | 94.7M | -56.8M | 209M |
| nonOperatingIncomeExcludingInterest | 43.85M | -7.6M | -7.8M | -2.4M | -100000 |
| operatingIncome | 95.14M | -281.8M | 86.9M | -59.2M | 208.9M |
| totalOtherIncomeExpensesNet | -83.13M | 2.7M | 200K | -1.1M | -18.2M |
| incomeBeforeTax | 12.01M | -279.1M | 87.1M | -60.3M | 190.7M |
| incomeTaxExpense | 44.16M | - | - | - | - |
| netIncomeFromContinuingOperations | -32.15M | -279.1M | 87.1M | -60.3M | 190.7M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | -32.15M | -279.1M | 87.1M | -60.3M | 190.7M |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | -32.15M | -279.1M | 87.1M | -60.3M | 190.7M |
| eps | -0.05 | -0.62 | 0.19 | -0.13 | 0.4 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 174.38M | 61.4M | 232M | 199.7M | 58.5M |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 174.38M | 61.4M | 232M | 199.7M | 58.5M |
| netReceivables | 75.06M | 8.3M | 5.1M | 1.4M | 600K |
| accountsReceivables | 50.41M | 4M | 5.1M | 1.4M | 600K |
| otherReceivables | 24.66M | 4.3M | - | - | - |
| inventory | 94.03M | - | - | - | - |
| prepaids | - | - | - | - | - |
| otherCurrentAssets | 4.69M | 7M | - | - | 400K |
| totalCurrentAssets | 348.17M | 76.7M | 237.1M | 201.1M | 59.5M |
| propertyPlantEquipmentNet | 1.41B | 32.5M | 19.1M | 63.6M | 194.3M |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | 141.94M | 506M | 707.2M | 651M | 737.8M |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 43.62M | - | 2.8M | 2M | - |
| totalNonCurrentAssets | 1.6B | 538.5M | 729.1M | 716.6M | 932.1M |
| otherAssets | - | - | - | - | - |
| totalAssets | 1.95B | 615.2M | 966.2M | 917.7M | 991.6M |
| totalPayables | 172.19M | - | 14.2M | 27.2M | 3.7M |
| accountPayables | 123.77M | - | 14.2M | - | - |
| otherPayables | 48.41M | - | - | 27.2M | 3.7M |
| accruedExpenses | 1.9M | 11.9M | 8.2M | 27.2M | 3.7M |
| shortTermDebt | 68.48M | - | - | - | - |
| capitalLeaseObligationsCurrent | - | 700K | - | - | - |
| taxPayables | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - |
| otherCurrentLiabilities | 124.47M | 2M | 1 | -9.9M | 300K |
| totalCurrentLiabilities | 367.03M | 14.6M | 22.4M | 44.5M | 7.7M |
| longTermDebt | 261.82M | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 2.89M | 2.6M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 281.29M | - | - | - | - |
| otherNonCurrentLiabilities | 270.81M | 49.2M | 49.2M | 42.6M | 35.9M |
| totalNonCurrentLiabilities | 816.81M | 51.8M | 49.2M | 42.6M | 35.9M |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | 2.89M | 3.3M | - | - | - |
| totalLiabilities | 1.18B | 66.4M | 71.6M | 87.1M | 43.6M |
| treasuryStock | - | -400K | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 1.53B | 1.2B | 1.27B | 1.27B | 1.31B |
| retainedEarnings | -864.22M | -734M | -432.3M | -496.3M | -412.2M |
| additionalPaidInCapital | 95.33M | 87.4M | 61.6M | 59.2M | 51.1M |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| netIncome | -32.15M | -279.1M | 87.1M | -60.3M | 190.7M |
| depreciationAndAmortization | 222.02M | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | - | 1.5M | 11.3M | 9.5M | 6.3M |
| changeInWorkingCapital | 95.65M | -14.8M | -28.8M | 1.5M | 200K |
| accountsReceivables | - | - | - | - | - |
| inventory | - | - | - | - | - |
| accountsPayables | - | - | - | - | - |
| otherWorkingCapital | 95.65M | -14.8M | -28.8M | 1.5M | 200K |
| otherNonCashItems | 53.93M | 251.5M | -122.9M | 33.8M | -208M |
| netCashProvidedByOperatingActivities | 339.44M | -40.9M | -53.3M | -15.5M | -10.8M |
| investmentsInPropertyPlantAndEquipment | -77.33M | -7.7M | -15.4M | -3.3M | -4.6M |
| acquisitionsNet | - | -88.6M | -44.4M | -24.8M | -2M |
| purchasesOfInvestments | - | - | - | - | - |
| salesMaturitiesOfInvestments | 4.58M | - | - | - | - |
| otherInvestingActivities | 387.06M | 35M | 174.5M | 248M | 194.3M |
| netCashProvidedByInvestingActivities | 314.31M | -61.3M | 114.7M | 219.9M | 187.7M |
| netDebtIssuance | -427.35M | -500K | - | - | -141M |
| longTermNetDebtIssuance | -427.35M | -500K | - | - | -141M |
| shortTermNetDebtIssuance | - | - | - | - | - |
| netStockIssuance | -8.45M | -45.3M | -6M | -36.6M | -400K |
| netCommonStockIssuance | -8.45M | -45.3M | -6M | -36.6M | -400K |
| commonStockIssuance | - | - | - | 3.3M | - |
| commonStockRepurchased | -8.45M | -45.3M | -6M | -39.9M | -400K |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | -101.95M | -22.6M | -23.1M | -23.8M | - |
| commonDividendsPaid | -101.95M | -22.6M | -23.1M | -23.8M | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | -712.26K | - | - | -3.3M | -17.1M |
| netCashProvidedByFinancingActivities | -538.46M | -68.4M | -29.1M | -63.7M | -158.5M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| revenue | 114.3M | 200.54M | 216.7M | 69.3M | 76.4M | - | - |
| costOfRevenue | 78M | 178.6M | 161M | 23.9M | 63.3M | - | - |
| grossProfit | 36.3M | 21.93M | 55.7M | 45.4M | 13.1M | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 8.2M | - | 9.2M | 8.7M | 13.5M | 13.3M | 3.6M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 8.2M | 4.67M | 9.2M | 8.7M | 13.5M | 13.3M | 3.6M |
| otherExpenses | - | - | - | 2.8M | - | -20.4M | - |
| operatingExpenses | 8.2M | 4.67M | 9.2M | 11.5M | 13.5M | -7.1M | 3.6M |
| costAndExpenses | 86.2M | 183.27M | 170.2M | 35.4M | 76.8M | -7.1M | 3.6M |
| netInterestIncome | -9.8M | -9.24M | -10.68M | -10.5M | -600K | -900K | 1.1M |
| interestIncome | 400K | 507.68K | 1.19M | 1.3M | 1.1M | 100000 | 2.4M |
| interestExpense | 10.2M | 9.75M | 11.87M | 11.8M | 1.7M | 1M | 1.3M |
| depreciationAndAmortization | 49.5M | 57.06M | 73.3M | 70.3M | 12.1M | - | - |
| ebitda | 56.6M | -30.36M | 116.8M | 102.6M | 68.5M | 7.2M | -287.9M |
| ebit | 7.1M | -87.42M | 43.5M | 32.3M | 56.4M | 7.2M | -287.9M |
| nonOperatingIncomeExcludingInterest | 21M | 104.68M | 3M | 1.6M | -56.8M | -100000 | 284.3M |
| operatingIncome | 28.1M | 17.26M | 46.5M | 33.9M | -400K | 7.1M | -3.6M |
| totalOtherIncomeExpensesNet | -31.2M | -114.43M | -14.2M | -13.4M | 55.1M | -900K | -285.6M |
| incomeBeforeTax | -3.1M | -97.17M | 32.3M | 20.5M | 54.7M | 6.2M | -289.2M |
| incomeTaxExpense | 39.1M | -4.98M | 27.1M | 17.4M | 3.8M | - | - |
| netIncomeFromContinuingOperations | -42.2M | -92.2M | 5.2M | 3.1M | 50.9M | 6.2M | -289.2M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - |
| netIncome | -42.2M | -92.2M | 5.2M | 3.1M | 50.9M | 6.2M | -289.2M |
| netIncomeDeductions | - | - | - | - | - | - | - |
| bottomLineNetIncome | -42.2M | -92.2M | 5.2M | 3.1M | 50.9M | 6.2M | -289.2M |
| eps | -0.06 | -0.14 | 0.01 | 0.0 | 0.11 | 0.01 | -0.65 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 161.6M | 174.38M | 176.7M | 266.6M | 428.4M | 61.4M | 136.1M |
| shortTermInvestments | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 161.6M | 174.38M | 176.7M | 266.6M | 428.4M | 61.4M | 136.1M |
| netReceivables | 139.2M | 75.06M | 111M | 231.8M | 211.9M | 8.3M | 7M |
| accountsReceivables | 21.3M | 50.41M | 6.1M | 69M | 156.2M | 4M | 3.1M |
| otherReceivables | 117.9M | 24.66M | 104.9M | 162.8M | 55.7M | 4.3M | 3.9M |
| inventory | 98.8M | 94.03M | 94.8M | 95.6M | 94.8M | - | - |
| prepaids | - | - | - | - | - | - | - |
| otherCurrentAssets | - | 4.69M | - | - | - | 7M | 7M |
| totalCurrentAssets | 399.6M | 348.17M | 382.5M | 594M | 735.1M | 76.7M | 150.1M |
| propertyPlantEquipmentNet | 1.42B | 1.41B | 1.6B | 1.65B | 1.63B | 32.5M | 31.8M |
| goodwill | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - |
| longTermInvestments | 131.3M | 141.94M | 142.7M | 143.1M | 143.1M | 506M | 434.2M |
| taxAssets | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 21.5M | 43.62M | - | - | - | - | - |
| totalNonCurrentAssets | 1.57B | 1.6B | 1.75B | 1.8B | 1.77B | 538.5M | 466M |
| otherAssets | - | - | - | - | - | - | - |
| totalAssets | 1.97B | 1.95B | 2.13B | 2.39B | 2.51B | 615.2M | 616.1M |
| totalPayables | 155.3M | 172.19M | 153.9M | 193.8M | 215.4M | - | 12M |
| accountPayables | - | 123.77M | - | - | - | - | 12M |
| otherPayables | 155.3M | 48.41M | 153.9M | 193.8M | 215.4M | - | - |
| accruedExpenses | 24.2M | 1.9M | 18.7M | 18.3M | 21.9M | 11.9M | 4.1M |
| shortTermDebt | - | 68.48M | - | - | - | - | - |
| capitalLeaseObligationsCurrent | 900K | - | 900K | 700K | 700K | 700K | 600K |
| taxPayables | 38.6M | - | 48.4M | 46.1M | 49.9M | - | - |
| deferredRevenue | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 136.5M | 124.47M | 161.5M | 261M | 313.6M | 2M | 1 |
| totalCurrentLiabilities | 316.9M | 367.03M | 335M | 473.8M | 551.6M | 14.6M | 16.7M |
| longTermDebt | 370M | 261.82M | 296.6M | 376.1M | 406.3M | - | - |
| capitalLeaseObligationsNonCurrent | 2.7M | 2.89M | 3.2M | 2.5M | 2.5M | 2.6M | 2.9M |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 308.7M | 281.29M | 342.1M | 371.1M | 331.1M | - | - |
| otherNonCurrentLiabilities | 275.3M | 270.81M | 270.3M | 266.1M | 295.5M | 49.2M | 47.8M |
| totalNonCurrentLiabilities | 956.7M | 816.81M | 912.2M | 1.02B | 1.04B | 51.8M | 50.7M |
| otherLiabilities | - | - | - | - | - | - | - |
| capitalLeaseObligations | 3.6M | 2.89M | 4.1M | 3.2M | 3.2M | 3.3M | 3.5M |
| totalLiabilities | 1.27B | 1.18B | 1.25B | 1.49B | 1.59B | 66.4M | 67.4M |
| treasuryStock | - | - | - | - | - | -400K | - |
| preferredStock | - | - | - | - | - | - | - |
| commonStock | 1.54B | 1.53B | 1.54B | 1.54B | 1.53B | 1.2B | 1.21B |
| retainedEarnings | -933.1M | -864.22M | -750M | -730.1M | -708.1M | -734M | -740.2M |
| additionalPaidInCapital | 95.5M | 95.33M | 95.5M | 95.5M | 95.5M | 87.4M | 81.6M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| netIncome | -3.1M | -92.2M | 32.3M | 20.5M | 54.7M | 6.2M | -289.2M |
| depreciationAndAmortization | 49.5M | 57.06M | - | - | - | - | - |
| deferredIncomeTax | -12.2M | - | -56.1M | -8.4M | -16M | - | - |
| stockBasedCompensation | 3.4M | - | - | - | 4M | 200K | -500K |
| changeInWorkingCapital | -106.4M | 61.44M | 81.1M | -84.8M | 37.3M | -4M | -7.4M |
| accountsReceivables | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - |
| otherWorkingCapital | -106.4M | 61.44M | 81.1M | -84.8M | 37.3M | -4M | -7.4M |
| otherNonCashItems | 41.4M | 47.82M | 89.4M | 83.1M | -43.6M | -18.5M | 285.1M |
| netCashProvidedByOperatingActivities | -27.4M | 74.13M | 146.7M | 10.4M | 36.4M | -16.1M | -12M |
| investmentsInPropertyPlantAndEquipment | -8.9M | -20.11M | -21.8M | -30.4M | -3.6M | -900K | -1.1M |
| acquisitionsNet | - | - | - | - | 380.4M | -61.1M | -27.5M |
| purchasesOfInvestments | - | - | - | -400K | - | - | - |
| salesMaturitiesOfInvestments | - | -2598 | - | - | - | - | - |
| otherInvestingActivities | 500K | -219.63K | 1.1M | 1.6M | 97M | 10.8M | 1.4M |
| netCashProvidedByInvestingActivities | -8.4M | -20.34M | -20.7M | -29.2M | 473.8M | -51.2M | -27.2M |
| netDebtIssuance | 39.8M | -30.3M | -180.2M | -80.2M | -130.1M | -200K | -100000 |
| longTermNetDebtIssuance | 39.8M | -30.3M | -180.2M | -80.2M | -130.1M | -200K | -100000 |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - |
| netStockIssuance | - | 4792 | - | - | -8.3M | -6.2M | - |
| netCommonStockIssuance | - | 4792 | - | - | -8.3M | -6.2M | - |
| commonStockIssuance | - | - | - | - | - | - | - |
| commonStockRepurchased | - | 4792 | - | - | -8.3M | -6.2M | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - |
| netDividendsPaid | - | -25.39M | -25.1M | -50.1M | - | - | -11.1M |
| commonDividendsPaid | - | -25.39M | -25.1M | -50.1M | - | - | -11.1M |
| preferredDividendsPaid | - | - | - | - | - | - | - |
| otherFinancingActivities | -17.1M | -203.21K | -10.6M | -12.6M | -4.9M | - | - |
| netCashProvidedByFinancingActivities | 22.7M | -55.89M | -215.9M | -142.9M | -143.3M | -6.4M | -11.2M |