Meren EnergyMRNFF -0.62%20 Gross Margin % is 31.76% as of Mar. 2026, which is 396% above its 10-year median of 6.40. GuruFocus rates MRNFF with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 872 Oil & Gas companies, Meren Energy ranks worse than 79.01% on this metric.
The historical rank and industry rank for Meren Energy's Gross Margin % or its related term are showing as below:
MRNFF'
s Gross Margin % Range Over the Past 10 Years
Min: 6.4 Med: 6.4 Max: 9.8
Current: 9.8
During the past 13 years, the highestGross Margin % of Meren Energy was 9.80%. The lowest was 6.40%. And the median was 6.40%.
MRNFF's Gross Margin % is ranked worse than 79.01% of 872
companies
in the Oil & Gas industry
Industry Median: 25.535
vs MRNFF: 9.80
Meren Energy had a gross margin of 31.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Meren Energy was 0.00% per year.
Meren Energy (OTCPK:MRNFF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Meren Energy had a gross margin of 31.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Meren Energy Gross Margin % Related Terms
Meren Energy Gross Margin % Historical Data
* Premium members only.
The historical data trend for Meren Energy's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Meren Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Meren Energy Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Meren Energy's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Meren Energy (MRNFF) has a Gross Margin % of 31.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Meren Energy and its competitors. This is 396% above median its historical median of 6.40. Over the past decade, Meren Energy's Gross Margin % has ranged from 6.40 to 9.80. According to the industry distribution chart, Meren Energy ranks #689 out of 872 companies in the Oil & Gas industry, placing it in the top 79%.
Is Meren Energy's Gross Margin % too high?
Meren Energy's current Gross Margin % of 31.76% is 396% above median its 10-year median of 6.40. Over the past 10 years, this metric has ranged from a low of 6.40 to a high of 9.80. The Oil & Gas industry median Gross Margin % is 25.54. Meren Energy's value of 31.76% is 24.4% above this industry median. Based on the distribution chart, Meren Energy ranks #689 out of 872 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Meren Energy has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Gross Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Meren Energy ranks #689 out of 872 companies for Gross Margin %. This places Meren Energy in the lower half of its industry. The industry median Gross Margin % is 25.54. Meren Energy's value of 31.76% is 24.4% above this benchmark. Historically, Meren Energy's own Gross Margin % has ranged from 6.40 to 9.80 over the past decade. While the company's 10-year median is 6.40 vs. the industry median of 25.54, Meren Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.54, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meren Energy's current Gross Margin % of 31.76% is 24.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Meren Energy and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current Gross Margin % is 31.76%, which is 396% above median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meren Energy stock overvalued right now?
Meren Energy (MRNFF) has a current Gross Margin % of 31.76%. The current Gross Margin % is 31.76%, which is 396% above median its 10-year median of 6.40 and 24.4% above the Oil & Gas industry median of 25.54. Meren Energy's overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Meren Energy (MRNFF), the current Gross Margin % is 31.76% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
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