Meridian Energy Limited

MEL

NZMELE0002S7

Electric Utilities

End-of-day quote New Zealand S.E. Other stock markets 03:30:00 31/05/2024 am IST			5-day change	1st Jan Change
6.76 ^NZD	+10.46%		+8.25%	+22.02%

31/05	Rio Tinto: power agreement for Tiwai Point smelter	CF
31/05	Rio Tinto's New Zealand Unit Secures Long-term Electricity Supply for Aluminum Smelter	MT

Meridian Energy Limited Announces Appointment of That Nagaja Sanatkumar as Director

October 17, 2019 at 05:07 am IST

Meridian Energy Annual Shareholder Meeting held on 17 October 2019, announced the appointment of That Nagaja Sanatkumar as a Director of the company, effective from 1 January 2020.

Latest news about Meridian Energy Limited

Rio Tinto: power agreement for Tiwai Point smelter	31/05	CF
Rio Tinto's New Zealand Unit Secures Long-term Electricity Supply for Aluminum Smelter	31/05	MT
Transcript : Meridian Energy Limited - Special Call	31/05
Rio Tinto signs deal to become sole owner of New Zealand Aluminium Smelters	31/05	RE
New Zealand's Biggest Energy User Commits to Long Term -- Update	31/05	DJ
Meridian Energy, New Zealand's Aluminium Smelter Sign Long-Term Contracts	31/05	MT
Correction to New Zealand Aluminium Smelters Headlines	31/05	DJ
New Zealand Aluminium Smelters Signs Long-Term Energy Deals for Tiwai Point	31/05	DJ
New Zealand Shares Slide Ahead of US CPI Read; Meridian Energy’s Sales Rises in April	14/05	MT
Meridian Energy Posts 5.6% Sales Increase for April	14/05	MT
New Zealand Shares End Lower; Vital Healthcare Property Trust’s Net Loss Widens	09/05	MT
Meridian Energy Windfarm Completion Expected in Late July	09/05	MT
Meridian Energy Limited Announces Harapaki Wind Farm on Track for Mid- Winter Completion	09/05	CI
Meridian Expects to Complete North Dakota Refinery Construction in Late 2026 -- OPIS	18/04	DJ
New Zealand Shares Drop on Inflation Concerns; Auckland International Airport Falls Slightly Despite Positive March Data	16/04	MT
Transcript : Meridian Energy Limited, Q3 2024 Operating Results Call, Apr 16, 2024	16/04
Meridian Energy National Storage Increases from 93% to 102% for March	16/04	MT
Meridian Energy Limited Reports Operating Results for March and Nine Months to March 2024	16/04	CI
Meridian Energy Subsidiary Flux Federation's CEO Steps Down	05/04	MT
Meridian Energy Declares FX Rate for 2024 Interim Ordinary Dividend	22/03	MT
Meridian Issues Demand Response Cessation Notice to NZAS	19/03	MT
Regulator Appoints Panel for NZ Windfarms for Aokautere Extension Project; Shares Rise 3%	18/03	MT
New Zealand Shares Decline on US PPI Woes; Auckland International Airport's Passenger Volume Jumps 27%	15/03	MT
Meridian Energy Declares Strike Price for Dividend Reinvestment Plan	15/03	MT
New Zealand Shares Flat on Thursday; Pacific Edge's Chair to Retire	14/03	MT

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 Companyâs 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.

Sector

Electric Utilities

Calendar

14/06/2024 - May 2024 Sales and Revenue Release - Operating Result

More about the company

Income Statement Evolution

More financial data

Ratings for Meridian Energy Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

6.76 NZD

Average target price

5.86 NZD

Spread / Average Target

-13.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Hydroelectric & Tidal Utilities

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Hydroelectric & Tidal Utilities