)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
Meren Energy (MER) investor relations material
Meren Energy Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary14 Aug, 2025
Executive summary
Delivered strong operational and financial performance in H1 and Q2 2025, maintaining robust liquidity and balance sheet strength amid oil price volatility and macroeconomic uncertainty.
Completed amalgamation with BTG Oil & Gas, consolidating 100% of Meren Coop and increasing core asset ownership.
Advanced high-impact, fully funded growth projects in Namibia, Nigeria, South Africa, and Equatorial Guinea.
Disciplined capital allocation and proactive deleveraging supported shareholder returns, including $75M in dividends by Q3 2025.
Maintained strong liquidity with $266.6M cash and net debt of $273.4M at Q2 2025 end.
Financial highlights
Q2 2025 EBITDAX: $106.6M–$107M; H1 2025 EBITDAX: $248M.
Q2 2025 operating cash flow: $77.7M–$78M; H1 2025: $177.5M–$178M.
Q2 2025 free cash flow: -$19M to $59M; H1 2025: $59M–$103M.
Q2 2025 net income: $3.1M; H1 2025 net income: $54M.
End-Q2 2025 cash: $266.6M; net debt: $273M; net debt/EBITDA: 0.6x.
Outlook and guidance
2025 production guidance: 30,000–33,000 boepd (WI), 34,500–37,500 boepd (entitlement); full-year EBITDAX: $450–500M; CFFO: $260–310M; capex: $100–140M.
Guidance revised lower for EBITDAX and cash flow due to reduced oil price assumptions ($68.5–$69/bbl vs. $75/bbl prior).
Dividend policy of $100M/year expected to continue in 2026, subject to board approval.
Venus project FID expected H1 2026; South Africa Block 3B/4B drilling planned for 2026.
Three of six remaining 2025 oil cargos hedged at $64.6/bbl, de-risking price volatility.
What's the status of Preowei field optimization?
What's the revised 2025 Brent oil price estimate?
What's Impact's carry agreement with TotalEnergies?
What's the Venus project's expected production life?
What acquisition type fits Meren's portfolio?
What's driving the revised 2025 EBITDAX guidance?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Meren Energy earnings date
Q3 202514 Nov, 2025
Next Meren Energy earnings date
Q3 202514 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
Meren Energy formerly known as Africa Oil Corp is a full-cycle Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea. Its main assets are producing and development assets in deepwater Nigeria operated by Majors. The Company holds a leading position in the Orange Basin including its effective interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa. The Company is listed on the Toronto Stock Exchange and on Nasdaq Stockholm under the symbol "MER".
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage