MRNFF (Meren Energy) Retained Earnings: $-933.1 Mil (As of Mar. 2026)

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MRNFF Meren Energy Inc MRNFF
22 GF Score
Price $1.48
! 5 Warning Signs
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What is Meren Energy Retained Earnings?

Meren Energy MRNFF -1.99% 22 Retained Earnings is $-933.1 Mil as of Mar. 2026. GuruFocus rates MRNFF with a GF Score™ of 22/100. The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meren Energy's retained earnings for the quarter that ended in Mar. 2026 was $-933.1 Mil.

Meren Energy's quarterly retained earnings declined from Sep. 2025 ($-750.0 Mil) to Dec. 2025 ($-865.8 Mil) and declined from Dec. 2025 ($-865.8 Mil) to Mar. 2026 ($-933.1 Mil).

Meren Energy's annual retained earnings declined from Dec. 2023 ($-432.3 Mil) to Dec. 2024 ($-734.0 Mil) and declined from Dec. 2024 ($-734.0 Mil) to Dec. 2025 ($-865.8 Mil).


Meren Energy  (OTCPK:MRNFF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Meren Energy Retained Earnings Historical Data

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The historical data trend for Meren Energy's Retained Earnings 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 Retained Earnings Chart

Meren Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -412.20 -496.30 -432.30 -734.00 -865.80

Meren Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 -708.10 -730.10 -750.00 -865.80 -933.10
MRNFF
22GF Score
Meren Energy Inc MRNFF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Meren Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-933.1 Mil mean?
Meren Energy (MRNFF) has a Retained Earnings of $-933.1 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Meren Energy and its competitors.
Is Meren Energy's Retained Earnings too high?
Meren Energy's current Retained Earnings is $-933.1 Mil. 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 Retained Earnings compare to COP and EOG?
Meren Energy's Retained Earnings of $-933.1 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 Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Meren Energy and its competitors. Meren Energy's current Retained Earnings is $-933.1 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 (MRNFF) has a current Retained Earnings of $-933.1 Mil. The current Retained Earnings is $-933.1 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Meren Energy (MRNFF), the current Retained Earnings is $-933.1 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.
22GF Score

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

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