Meridian Energy Limited

Equities

MEL

NZMELE0002S7

Electric Utilities

End-of-day quote New Zealand S.E. 2024-09-10 5-day change 1st Jan Change
6.025 NZD +1.09% Intraday chart for Meridian Energy Limited -2.35% +8.75%
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Meridian Energy Limited Reports Earnings Results for the Full Year Ended June 30, 2024 CI
Meridian Energy Posts 51% Increase in Fiscal 2024 Revenue; EPS Up MT
Meridian Energy Limited Declares Partially Imputed Final Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on 20 September 2024 CI
Transcript : Meridian Energy Limited, 2024 Earnings Call, Aug 28, 2024
New Zealand Shares Decline on Geopolitical Concerns; Vector's Shares Rise 4% Despite Revenue Fall MT
NZ Windfarms Secures Fast Track Consent for Aokautere Extension Project MT
New Zealand Shares Decline as Trade Balance Swings to Deficit; Meridian Energy Slides 2% MT
Meridian Energy, NZAS Agree on Extra 20MW/Hour of Demand Response MT
Meridian Energy, Contact Energy Enter Replacement Contract for 192 GWh MT
Meridian Energy's National Hydro Storage Declines in July MT
Meridian Energy Limited Reports New Zealand Retail Contracted Sales Results for the Month of July 2024 CI
Meridian Energy Limited Reports Operating Results for the Month of July 2024 CI
Meridian Energy Limited Announces Change of Address, Effective August 2, 2024 CI
Meridian Issues New Demand Response Exercise Notices to New Zealand's Aluminium Smelter MT
New Zealand Shares Largely Flat as Card Spending Falls; Meridian Energy's Harapaki Wind Farm Fully Operational MT
Meridian Energy's Harapaki Wind Farm Now Fully Operational MT
S&P Reaffirms Meridian Energy's BBB+ Rating MT
Meridian Energy Issues Demand Response Exercise Notice to New Zealand's Aluminium Smelter MT
Meridian Energy's National Hydro Storage Contracts in June MT
Contact Energy's Unconditional Long-Term Supply Deal with New Zealand Aluminium Smelter Takes Effect MT
NZ Windfarms Enters Volume Contracts With Meridian Energy for Te Rere Hau Wind Farm MT
Meridian Energy, New Zealand Aluminium Smelter Contracts to Take Effect July 3 MT
Meridian Energy Limited Announces That All Conditions Precedent in the Recently-Announced Contracts with New Zealand Aluminium Smelter Have Been Satisfied or Waived CI
Transcript : Meridian Energy Limited - Analyst/Investor Day
Meridian Energy, New Zealand's Aluminium Smelter Deal Receives Power Regulator Nod MT
Chart Meridian Energy Limited
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Logo Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based power company. The Company is engaged in the generation, trading and retailing of electricity and the sale of complementary products and services. The Company’s segments include New Zealand wholesale and New Zealand retail. The New Zealand wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The New Zealand retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. It owns and operates six hydro stations in New Zealand. It also has various wind farms and is also engaged in solar power generation across the country. It operates in New Zealand and the United Kingdom. The Company supplies electricity to power homes, businesses and farms.
Employees
936
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
6.025NZD
Average target price
6.556NZD
Spread / Average Target
+8.81%
Consensus

Annual profits - Rate of surprise

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