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Meren EnergyTSX:MER -0.44%35 Pretax Margin % is 34.62% as of Jun. 2026, which is 1549% above its 10-year median of 2.10. GuruFocus rates TSX:MER with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 928 Oil & Gas companies, Meren Energy ranks worse than 69.29% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meren Energy's Pre-Tax Income for the
three
months ended in Jun. 2026 was C$96 Mil. Meren Energy's Revenue for the
three
months ended in Jun. 2026 was C$276 Mil. Therefore, Meren Energy's pretax margin for the quarter that ended in Jun. 2026 was 34.62%.
The historical rank and industry rank for Meren Energy's Pretax Margin % or its related term are showing as below:
TSX:MER'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.4 Med: 2.1 Max: 2.1
Current: 0.4
TSX:MER's Pretax Margin % is ranked worse than 69.29% of 928
companies
in the Oil & Gas industry
Industry Median: 6.12
vs TSX:MER: 0.40
Meren Energy (TSX:MER) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Meren Energy Pretax Margin % Related Terms
Meren Energy Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Meren Energy's Pretax 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.
TSX:MER vs COP, EOG, FANG: Pretax Margin % Comparison
For the Oil & Gas E&P subindustry, Meren Energy's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Meren Energy's Pretax 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.
Meren Energy (TSX:MER) has a Pretax Margin % of 34.62% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Meren Energy and its competitors. This is 1549% above median its historical median of 2.10. Over the past decade, Meren Energy's Pretax Margin % has ranged from 0.40 to 2.10. According to the industry distribution chart, Meren Energy ranks #643 out of 928 companies in the Oil & Gas industry, placing it in the top 69.3%.
Is Meren Energy's Pretax Margin % too high?
Meren Energy's current Pretax Margin % of 34.62% is 1549% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.10. The Oil & Gas industry median Pretax Margin % is 6.12. Meren Energy's value of 34.62% is 465.7% above this industry median. Based on the distribution chart, Meren Energy ranks #643 out of 928 companies in the Oil & Gas industry, which is below 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 Pretax Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Meren Energy ranks #643 out of 928 companies for Pretax Margin %. This places Meren Energy in the lower half of its industry. The industry median Pretax Margin % is 6.12. Meren Energy's value of 34.62% is 465.7% above this benchmark. Historically, Meren Energy's own Pretax Margin % has ranged from 0.40 to 2.10 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 6.12, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 6.12, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meren Energy's current Pretax Margin % of 34.62% is 465.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Meren Energy and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current Pretax Margin % is 34.62%, which is 1549% above median its own 10-year median of 2.10. 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 Pretax Margin % of 34.62%. The current Pretax Margin % is 34.62%, which is 1549% above median its 10-year median of 2.10 and 465.7% above the Oil & Gas industry median of 6.12. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Meren Energy (TSX:MER), the current Pretax Margin % is 34.62% 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
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