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Meren Energy's gross profit for the
three
months ended in Jun. 2026 was C$113 Mil. Meren Energy's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was C$139 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Meren Energy's gross profit for the
three
months ended in Jun. 2026 was C$113 Mil. Meren Energy's Revenue for the
three
months ended in Jun. 2026 was C$272 Mil. Therefore, Meren Energy's Gross Margin % for the quarter that ended in Jun. 2026 was 41.64%.
Meren Energy had a gross margin of 41.64% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Meren Energy was 13.77%. The lowest was 6.40%. And the median was 6.40%.
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 41.64% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Meren Energy Gross Profit Related Terms
Meren Energy Gross Profit Historical Data
* Premium members only.
The historical data trend for Meren Energy's Gross Profit 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 Profit, along with its competitors' market caps and Gross Profit 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 Profit vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's Gross Profit distribution charts can be found below:
* The bar in red indicates where Meren Energy's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$139 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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 (TSX:MER) has a Gross Profit of C$139 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Meren Energy and its competitors.
Is Meren Energy's Gross Profit too high?
Meren Energy's current Gross Profit is C$139 Mil. Overall, Meren Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Gross Profit compare to COP and EOG?
Meren Energy's Gross Profit of C$139 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Meren Energy and its competitors. Meren Energy's current Gross Profit is C$139 Mil. 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 (TSX:MER) has a current Gross Profit of C$139 Mil. The current Gross Profit is C$139 Mil. Meren Energy's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Meren Energy (TSX:MER), the current Gross Profit is C$139 Mil as of Jun. 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.
35GF Score
Get the complete analysis for TSX:MER
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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