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Meren EnergyTSX:MER +1.78%35 12-1 Month Momentum % is 16.18% as of Sep. 10, 2026. GuruFocus rates TSX:MER with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,011 Oil & Gas companies, Meren Energy ranks better than 53.61% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-09-10), Meren Energy's 12-1 Month Momentum % is 16.18%.
The industry rank for Meren Energy's 12-1 Month Momentum % or its related term are showing as below:
TSX:MER's 12-1 Month Momentum % is ranked better than 53.61% of 1011
companies
in the Oil & Gas industry
Industry Median: 12.46
vs TSX:MER: 16.18
Meren Energy (TSX:MER) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Meren Energy 12-1 Month Momentum % Related Terms
TSX:MER vs COP, EOG, OXY: 12-1 Month Momentum % Comparison
For the Oil & Gas E&P subindustry, Meren Energy's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Meren Energy's 12-1 Month Momentum % falls into.
Meren Energy (TSX:MER) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* 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 (TSX:MER) has a 12-1 Month Momentum % of 16.18% as of Sep. 10, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Meren Energy and its competitors. According to the industry distribution chart, Meren Energy ranks #469 out of 1011 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is Meren Energy's 12-1 Month Momentum % too high?
Meren Energy's current 12-1 Month Momentum % is 16.18%. The Oil & Gas industry median 12-1 Month Momentum % is 12.46. Meren Energy's value of 16.18% is 29.9% above this industry median. Based on the distribution chart, Meren Energy ranks #469 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint. 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 12-1 Month Momentum % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Meren Energy ranks #469 out of 1011 companies for 12-1 Month Momentum %. This puts Meren Energy in the upper half of its industry. The industry median 12-1 Month Momentum % is 12.46. Meren Energy's value of 16.18% is 29.9% 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 12-1 Month Momentum % for an Oil & Gas company?
The median 12-1 Month Momentum % among Oil & Gas companies is 12.46, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meren Energy's current 12-1 Month Momentum % of 16.18% is 29.9% 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 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Meren Energy and its competitors. For the Oil & Gas industry, the median 12-1 Month Momentum % is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current 12-1 Month Momentum % is 16.18%. 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 12-1 Month Momentum % of 16.18%. The current 12-1 Month Momentum % is 16.18% and 29.9% above the Oil & Gas industry median of 12.46. Meren Energy's overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Meren Energy (TSX:MER), the current 12-1 Month Momentum % is 16.18% as of Sep. 10, 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
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