Meridian Energy Ltd
MEL
Company Profile
Business description
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.
Contact
287-293 Durham Street North
Christchurch Central
Christchurch STL 8013
NZLT: +64 43811200
E: investors@meridianenergy.co.nz
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Renewable
Fiscal Year End
30 June 2024
Employees
1,047
Stocks News & Analysis
stocks
Undervalued ASX share provides trading update
Shares fall as the company announced a renewed focus on costs.
stocks
Can big four bank dividends and buybacks keep growing?
Share buybacks and special dividends were a feature of bank earnings this month. Could more capital returns be in store for big four shareholders?
stocks
Market is underestimating ASX pathology shares
Morningstar sees several reasons to expect a stronger recover than market consensus.
Morningstar Investment Ideas
Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| All Ordinaries | 8,140.20 | 20.00 | 0.25% |
| CAC 40 | 8,141.46 | 54.50 | -0.66% |
| DAX 40 | 18,726.76 | 42.20 | -0.22% |
| Dow JONES (US) | 39,872.99 | 66.22 | 0.17% |
| FTSE 100 | 8,416.45 | 7.75 | -0.09% |
| HKSE | 19,220.62 | 415.60 | -2.12% |
| NASDAQ | 16,832.62 | 37.75 | 0.22% |
| Nikkei 225 | 38,735.21 | 211.72 | -0.54% |
| NZX 50 Index | 11,747.53 | 71.54 | 0.61% |
| S&P 500 | 5,321.41 | 13.28 | 0.25% |
| S&P/ASX 200 | 7,869.60 | 17.90 | 0.23% |
| SSE Composite Index | 3,157.59 | 0.38 | -0.01% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| Telstra Group Ltd TLS | 3.44 | 0.13 | -3.64% |
| Sayona Mining Ltd SYA | 0.04 | 0.00 | 0.00% |
| Resolute Mining Ltd RSG | 0.54 | 0.04 | 7.43% |
| Strike Energy Ltd STX | 0.21 | 0.00 | 1.19% |
| Peninsula Energy Ltd PEN | 0.12 | 0.00 | 2.17% |
| Pilbara Minerals Ltd PLS | 4.10 | 0.06 | -1.33% |
| Alumina Ltd AWC | 1.83 | 0.09 | 4.89% |
| Imugene Ltd IMU | 0.07 | 0.00 | 2.17% |
| South32 Ltd S32 | 3.90 | 0.00 | 0.00% |
| Melbana Energy Ltd MAY | 0.05 | 0.00 | 8.51% |