Meren Energy raises 2026 guidance after strong first-half performance

Meren Energy Inc reported elevated financial guidance for the full year following strong results in the first half of 2026. The company increased its full-year EBITDAX guidance midpoint to $410 million, up from a previous midpoint of $315 million. Additionally, Meren raised its cash flow from operations midpoint to $247.5 million from $220 million.
First-half results showed $219.5 million in EBITDAX and $139.4 million in cash flow from operations before working capital adjustments. Second quart