Mercury NZ Limited

MCY

NZMRPE0001S2

Electric Utilities

End-of-day quote New Zealand S.E. Other stock markets 18:00:00 2024-05-27 EDT			5-day change	1st Jan Change
6.43 ^NZD	+0.16%		-1.83%	-2.58%

03-08	New Zealand Shares Jump on Friday, Fisher & Paykel Healthcare's Chair to Retire	MT
03-08	Fisher & Paykel Healthcare's Chair to Retire	MT

Mercury NZ Limited acquired remaining 51.54% stake in NOW New Zealand Limited for NZD 16.7 million.

February 20, 2023

Mercury NZ Limited (NZSE:MCY) acquired remaining 51.54% stake in NOW New Zealand Limited for NZD 16.7 million on December 15, 2022. In the 2021 financial year Mercury had acquired a 48.46% interest in NOW New Zealand.

Mercury NZ Limited (NZSE:MCY) completed the acquisition of remaining 51.54% stake in NOW New Zealand Limited on December 15, 2022.

Latest news about Mercury NZ Limited

New Zealand Shares Jump on Friday, Fisher & Paykel Healthcare's Chair to Retire	03-07	MT
Fisher & Paykel Healthcare's Chair to Retire	03-07	MT
Mercury NZ Limited Reports Earnings Results for the Half Year Ended December 31, 2023	02-20	CI
New Zealand Shares Continue Losing Streak; Mercury NZ Gains 2%	02-19	MT
Transcript : Mercury NZ Limited, H1 2024 Earnings Call, Feb 20, 2024	02-19
Mercury NZ H1 F24 Profit Declines, Revenue Rises	02-19	MT
Mercury NZ Limited Announces Ordinary Fully Paid Foreign Exempt NZX Distribution for the Six Months Ended December 31, 2023, Payable on April 2, 2024	02-19	CI
Mercury NZ's Hydropower Generation Falls, Wind Power Generation Rises in Fiscal Q2	01-23	MT
Mining, gold stocks drag Australian shares lower; inflation data in focus	01-09	RE
Mercury NZ CFO to Resign in March 2025	12-18	MT
Mercury's CFO William Meek to Step Down in 2025	12-18	CI
New Zealand Shares Fall for Second Day on Tuesday; Contact Energy Joins Sustainability Index	12-11	MT
S&P Reaffirms BBB+/Stable Corporate Credit Rating of Mercury NZ	12-11	MT
Mercury NZ Limited Announces Management Changes	11-14	CI
Mercury NZ Limited Reports Sales Results for the Three Months Ended September 30, 2023	23-10-16	CI
Mercury NZ Limited Reports Operating Results for the Three Months Ended September 30, 2023	23-10-16	CI
Sector Update: Energy Stocks Falling Late Tuesday Afternoon	23-09-19	MT
Sector Update: Energy Stocks Falling in Afternoon Trading	23-09-19	MT
Ormat Technologies Signs Contract With Mercury New Zealand to Build Geothermal Power Plant	23-09-19	MT
Mercury NZ Limited Announces the Retirement of Patrick Strange as a Director	23-09-18	CI
Mercury NZ Limited to Add A Fifth Generating Unit At Its Ng Tamariki Geothermal Station, Boosting Generation Output by 46MW	23-09-18	CI
Transcript : Mercury NZ Limited - Shareholder/Analyst Call	23-09-18
Mercury NZ Elects Chairman	23-09-06	MT
Mercury NZ Fiscal 2023 Profit Down on Lower Gains on Acquisitions, Disposals; Shares Slide 3%	23-08-20	MT
Transcript : Mercury NZ Limited, 2023 Earnings Call, Aug 21, 2023	23-08-20

Chart Mercury NZ Limited

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Company Profile

Mercury NZ Limited is a New Zealand-based company, which generates electricity from renewable sources, such as hydro, geothermal and wind. The Company is also a retailer of electricity, gas, broadband and mobile services to residential and small to medium-sized business customers. Its electricity generation sites are located along the Waikato River (hydro), the nearby steamfields of the northern part of the Central Plateau (geothermal) and in the Manawatu, South Taranaki, Otago and Southland regions (wind). Its generation/wholesale segment encompasses activity associated with electricity production, electricity trading, generation and development activities. The segment also sells electricity to both commercial and industrial customers and the retail segment. Its retail segment encompasses activity associated with the sale of electricity, gas, telecommunication products/services and other related products and services to mass market customers in New Zealand.

Sector

Electric Utilities

Calendar

2024-08-18 - Q4 2024 Earnings Release (Projected)

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Ratings for Mercury NZ Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

6.43 NZD

Average target price

6.334 NZD

Spread / Average Target

-1.49%

Consensus

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Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Hydroelectric & Tidal Utilities

	1st Jan change	Capi.
MERCURY NZ LIMITED	-2.58%	5.52B
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CENTRAIS ELETRICAS BRASILEIRAS S.A.	-15.18%	15.87B
BROOKFIELD RENEWABLE PARTNERS L.P.	+8.68%	13.42B
SICHUAN CHUANTOU ENERGY CO.LTD	+17.92%	12B
MERIDIAN ENERGY LIMITED	+11.37%	9.83B
GUANGXI GUIGUAN ELECTRIC POWERCO.,LTD.	+29.78%	7.82B
CHINA SOUTHERN POWER GRID ENERGY STORAGE CO., LTD.	+13.69%	4.94B
FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO	-.--%	4B
CHONGQING THREE GORGES WATER CONSERVANCY AND ELECTRIC POWER CO., LTD.	+1.46%	2B

Hydroelectric & Tidal Utilities