MRNFF (Meren Energy) Operating Margin %: 24.58% (As of Mar. 2026)


MRNFF Meren Energy Inc MRNFF
22 GF Score
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What is Meren Energy Operating Margin %?

Meren Energy MRNFF 22 Operating Margin % is 24.58% as of Mar. 2026. GuruFocus rates MRNFF with a GF Score™ of 22/100. The stock has 5 warning signs investors should review. Among 916 Oil & Gas companies, Meren Energy ranks worse than 56.44% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Meren Energy's Operating Income for the three months ended in Mar. 2026 was $28.1 Mil. Meren Energy's Revenue for the three months ended in Mar. 2026 was $114.3 Mil. Therefore, Meren Energy's Operating Margin % for the quarter that ended in Mar. 2026 was 24.58%.

The historical rank and industry rank for Meren Energy's Operating Margin % or its related term are showing as below:

MRNFF' s Operating Margin % Range Over the Past 10 Years
Min: -0.07   Med: -0.07   Max: 4.63
Current: 4.63


MRNFF's Operating Margin % is ranked worse than
56.44% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs MRNFF: 4.63

Meren Energy's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Meren Energy's Operating Income for the three months ended in Mar. 2026 was $28.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $28.1 Mil.


Meren Energy  (OTCPK:MRNFF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Meren Energy Operating Margin % Related Terms


Meren Energy Operating Margin % Historical Data

* Premium members only.

The historical data trend for Meren Energy's Operating 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.

Meren Energy Operating Margin % Chart

Meren Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.07

Meren Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 -0.52 52.96 21.46 -41.66 24.58

MRNFF vs COP, EOG, OXY: Operating Margin % Comparison

For the Oil & Gas E&P subindustry, Meren Energy's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Meren Energy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Meren Energy's Operating Margin % falls into.


MRNFF
22GF Score
Meren Energy Inc MRNFF
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meren Energy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Meren Energy's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-0.4 / 562.1
=-0.07 %

Meren Energy's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=28.1 / 114.3
=24.58 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 24.58% mean?
Meren Energy (MRNFF) has a Operating Margin % of 24.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Meren Energy and its competitors. According to the industry distribution chart, Meren Energy ranks #517 out of 916 companies in the Oil & Gas industry, placing it in the top 56.4%.
Is Meren Energy's Operating Margin % too high?
Meren Energy's current Operating Margin % is 24.58%. The Oil & Gas industry median Operating Margin % is 6.86. Meren Energy's value of 24.58% is 258.3% above this industry median. Based on the distribution chart, Meren Energy ranks #517 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Meren Energy has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's Operating Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Meren Energy ranks #517 out of 916 companies for Operating Margin %. This places Meren Energy in the lower half of its industry. The industry median Operating Margin % is 6.86. Meren Energy's value of 24.58% is 258.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meren Energy's current Operating Margin % of 24.58% is 258.3% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Meren Energy and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current Operating Margin % is 24.58%. 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 Operating Margin % of 24.58%. The current Operating Margin % is 24.58% and 258.3% above the Oil & Gas industry median of 6.86. Meren Energy's overall GF Score™ is 22/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Meren Energy (MRNFF), the current Operating Margin % is 24.58% 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.
22GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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