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Meren CFO on Q2 results, dividend & growth plans

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Manage episode 500435545 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Meren Energy Inc (TSX:MER, OTC:AOIFF) chief financial officer Aldo Perracini talked with Proactive's Stephen Gunnion about the company’s second-quarter results and strategic priorities. Perracini highlighted that Meren has continued to execute its shareholder return policy, delivering another dividend payment of US$25 million and announcing a third consecutive quarterly dividend of the same amount. He said the market should view this as a sign of Meren’s strong position to deliver on its commitments, even in a volatile commodity pricing environment. The company has also been proactively paying down its debt. Perracini noted that this decision was made because Meren has the cash available and aims to reduce interest expenses, building on an already strong balance sheet. Looking ahead, he pointed to an active second half of the year and into 2026. Key developments include further drilling, progress toward the Venus final investment decision in Namibia, potential high-impact drilling in South Africa, and a formal process in Equatorial Guinea. Perracini expressed confidence in Meren’s ability to deliver on these plans. Visit Proactive’s YouTube channel for more videos, and don’t forget to give this video a like, subscribe to the channel, and enable notifications for future content. #MerenEnergy #Dividend #Q2Results #OilAndGas #DebtReduction #EnergyInvestment #NamibiaOil #SouthAfricaDrilling #EquatorialGuinea #EnergyStocks #Commodities #ShareholderReturns
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605 episodes

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Manage episode 500435545 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Meren Energy Inc (TSX:MER, OTC:AOIFF) chief financial officer Aldo Perracini talked with Proactive's Stephen Gunnion about the company’s second-quarter results and strategic priorities. Perracini highlighted that Meren has continued to execute its shareholder return policy, delivering another dividend payment of US$25 million and announcing a third consecutive quarterly dividend of the same amount. He said the market should view this as a sign of Meren’s strong position to deliver on its commitments, even in a volatile commodity pricing environment. The company has also been proactively paying down its debt. Perracini noted that this decision was made because Meren has the cash available and aims to reduce interest expenses, building on an already strong balance sheet. Looking ahead, he pointed to an active second half of the year and into 2026. Key developments include further drilling, progress toward the Venus final investment decision in Namibia, potential high-impact drilling in South Africa, and a formal process in Equatorial Guinea. Perracini expressed confidence in Meren’s ability to deliver on these plans. Visit Proactive’s YouTube channel for more videos, and don’t forget to give this video a like, subscribe to the channel, and enable notifications for future content. #MerenEnergy #Dividend #Q2Results #OilAndGas #DebtReduction #EnergyInvestment #NamibiaOil #SouthAfricaDrilling #EquatorialGuinea #EnergyStocks #Commodities #ShareholderReturns
  continue reading

605 episodes

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