Meren Energy (TSX:MER) Long-Term Debt: C$507.6 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:MER Meren Energy Inc TSX:MER
34 GF Score
Price C$2.05
! 5 Warning Signs
View Full Analysis

What is Meren Energy Long-Term Debt?

Meren Energy TSX:MER -1.91% 34 Long-Term Debt is C$507.6 Mil as of Mar. 2026. GuruFocus rates TSX:MER with a GF Score™ of 34/100. The stock has 5 warning signs investors should review.

Meren Energy's Long-Term Debt for the quarter that ended in Mar. 2026 was C$507.6 Mil.

Meren Energy's quarterly Long-Term Debt declined from Sep. 2025 (C$410.3 Mil) to Dec. 2025 (C$361.8 Mil) but then increased from Dec. 2025 (C$361.8 Mil) to Mar. 2026 (C$507.6 Mil).

Meren Energy's annual Long-Term Debt stayed the same from Dec. 2023 (C$0.0 Mil) to Dec. 2024 (C$0.0 Mil) but then increased from Dec. 2024 (C$0.0 Mil) to Dec. 2025 (C$361.8 Mil).

Meren Energy  (TSX:MER) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Meren Energy Long-Term Debt Related Terms

Meren Energy Long-Term Debt Historical Data

* Premium members only.

The historical data trend for Meren Energy's Long-Term Debt 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.

Meren Energy Long-Term Debt Chart

Meren Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 361.84

Meren Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 583.28 514.05 410.32 361.84 507.64
TSX:MER
34GF Score
Meren Energy Inc TSX:MER
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of C$507.6 Mil mean?
Meren Energy (TSX:MER) has a Long-Term Debt of C$507.6 Mil as of Mar. 2026.
Is Meren Energy's Long-Term Debt too high?
Meren Energy's current Long-Term Debt is C$507.6 Mil. Overall, Meren Energy has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Long-Term Debt compare to COP and EOG?
Meren Energy's Long-Term Debt of C$507.6 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 Long-Term Debt for an Oil & Gas company?
A good Long-Term Debt depends on the Oil & Gas industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Meren Energy's current Long-Term Debt is C$507.6 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 Long-Term Debt of C$507.6 Mil. The current Long-Term Debt is C$507.6 Mil. Meren Energy's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Meren Energy (TSX:MER), the current Long-Term Debt is C$507.6 Mil 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 Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V6C 2X8
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.
34GF Score

Get the complete analysis for TSX:MER

Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.05
Price