MEL.NZ
Latest Trade
5.70NZDChange
0.14(+2.52%)Volume
5,651,989Today's Range
-
5.7052 Week Range
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9.94As of on the New Zealand Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 5.56 |
|---|---|
Open | 5.64 |
Volume | 5,651,989 |
3M AVG Volume | 52.65 |
Today's High | 5.70 |
Today's Low | 5.40 |
52 Week High | 9.94 |
52 Week Low | 3.61 |
Shares Out (MIL) | 2,563.00 |
Market Cap (MIL) | 14,248.00 |
Forward P/E | 51.96 |
Dividend (Yield %) | 3.04 |
Meridian Energy Posts HY NPAT NZ$227 Mln
Meridian Energy To Begin Construction Of NZ$395 Mln Wind Farm
Meridian Energy Says NZ Retail Sales Volumes In Jan Were 1.6% Lower
Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. The Company operates through three segments: Wholesale, Retail and International. The 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 Retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. The Company supplies electricity to power homes, businesses and farms.
Industry
Electric Utilities
Contact Info
33 Customhouse Quay, The Terrace
PO Box 10840
6143
New Zealand
+64.4.3811200
https://www.meridianenergy.co.nz/Executive Leadership
Mark John Verbiest
Non-Executive Independent Chairman of the Board
Neal Anthony Barclay
Chief Executive
Peter Wilson
Non-Executive Independent Deputy Chairman of the Board
Mike Roan
Chief Financial Officer
Nic Kennedy
Chief Executive of Flux Federation Limited
Price To Earnings (TTM) | 67.21 |
|---|---|
Price To Sales (TTM) | 4.08 |
Price To Book (MRQ) | 2.84 |
Price To Cash Flow (TTM) | 27.40 |
Total Debt To Equity (MRQ) | 35.41 |
LT Debt To Equity (MRQ) | 29.87 |
Return on Investment (TTM) | 2.40 |
Return on Equity (TTM) | 2.23 |
Rio Tinto said on Thursday it will close its aluminium smelter operation in New Zealand due to high costs and a challenging market, putting over a thousand jobs on the line and dealing a blow to the country's top power producers.
* REVIEWING ELECTRICITY AUTHORITY'S PRELIMINARY DECISION ON UNDESIRABLE TRADING SITUATION CLAIM MADE AGAINST CO, CONTACT
* TRANSPOWER MAY NO LONGER BE ABLE TO COMPLETE CLUTHA UPPER WAITAKI LINES PROJECT BY JUNE 2022
* TIWAI POINT SMELTER IN SOUTHLAND WILL, FROM MIDNIGHT ON 3 APRIL, EXERCISE RIGHT TO REDUCE CONTRACTED QUANTITY TO 0 FOR UP TO 6 MNTHS Source text for Eikon: Further company coverage:
* IN MONTH TO 10 MARCH 2020, NATIONAL HYDRO STORAGE DECREASED FROM 126% TO 111% OF HISTORICAL AVERAGE
Global miner Rio Tinto Ltd on Wednesday flagged a possible pullback or closure of New Zealand's Aluminum Smelter (NZAS), citing weakness in the aluminum market and high energy costs.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.