Meridian Energy Ltd
MEL.NZ
$3.34
Closing
▲1.28%
1D
▲0.51%
YTD
MEL
BBG005GS6PZ9
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Market cap
$8.69B
Analysts' Rating
HOLD
Price Target (Mean)
-
Total Analysts
6
P/E
35.83
Operating Margin
8.65%
Beta
1.22
Revenue Growth
62.14%
52 week high
$3.87
52 week low
$3.03
Div. Yield
4.69%
EPS Growth
0.00
Company Profile
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 Wholesale, Retail, and Other. The Wholesale segment includes activity of 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 of retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. It owns and operates seven hydro stations in New Zealand. The Company supplies electricity power for homes, businesses, and farms. It also has various wind farms and is also engaged in solar power generation.
