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
Only 2.4% of companies deliver all net shareholder wealth
Over decades, relatively few companies generate all the stockmarket's outperformance. Is this an argument for passive investing or does it prove active investing is rewarded?
stocks
Will earnings from these 10 AI stocks live up to the hype?
What to watch for in Q1 reports from Nvidia, Microsoft, Amazon, Broadcom, and more.
stocks
20 US stocks to buy and hold forever
Recently, I compiled a list of ASX stocks that you could buy and hold forever. Here’s a follow-up list of US stocks that you could own indefinitely, including well-known names like Microsoft, as well as lesser-known gems.
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 | 7,937.90 | 35.90 | 0.45% |
| CAC 40 | 8,087.70 | 47.34 | 0.59% |
| DAX 40 | 18,087.91 | 227.11 | 1.27% |
| Dow JONES (US) | 38,395.71 | 155.73 | 0.41% |
| FTSE 100 | 8,033.62 | 9.75 | 0.12% |
| HKSE | 16,828.93 | 317.24 | 1.92% |
| NASDAQ | 15,628.75 | 177.44 | 1.15% |
| Nikkei 225 | 37,552.16 | 113.55 | 0.30% |
| NZX 50 Index | 11,803.28 | 49.52 | -0.42% |
| S&P 500 | 5,052.95 | 42.35 | 0.85% |
| S&P/ASX 200 | 7,683.50 | 34.30 | 0.45% |
| SSE Composite Index | 3,021.98 | 22.62 | -0.74% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| Imugene Ltd IMU | 0.09 | 0.00 | 0.00% |
| The Star Entertainment Group Ltd SGR | 0.42 | 0.00 | 0.00% |
| Red 5 Ltd RED | 0.43 | 0.01 | -2.30% |
| Beach Energy Ltd BPT | 1.60 | 0.01 | -0.31% |
| Telstra Group Ltd TLS | 3.69 | 0.01 | -0.27% |
| Zip Co Ltd ZIP | 1.22 | 0.05 | 3.83% |
| Sayona Mining Ltd SYA | 0.03 | 0.00 | 0.00% |
| South32 Ltd S32 | 3.32 | 0.05 | -1.48% |
| BWP Trust BWP | 3.52 | 0.00 | 0.00% |
| Base Resources Ltd BSE | 0.23 | 0.01 | -4.26% |