Meridian Energy Limited (NZE:MEL)

New Zealand flag New Zealand · Delayed Price · Currency is NZD
5.56
-0.02 (-0.36%)
May 30, 2025, 3:39 PM NZST
-9.89%
Market Cap 14.59B
Revenue (ttm) 5.00B
Net Income (ttm) 117.00M
Shares Out 2.62B
EPS (ttm) 0.05
PE Ratio 123.71
Forward PE 46.00
Dividend 0.21 (3.81%)
Ex-Dividend Date Mar 6, 2025
Volume 419,896
Average Volume 1,170,946
Open 5.61
Previous Close 5.58
Day's Range 5.53 - 5.64
52-Week Range 5.30 - 6.89
Beta 0.65
RSI 44.42
Earnings Date May 27, 2025

About Meridian Energy

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations that has a capacity of 2,365 MW; 6 wind farms that has a capacity of 571 MW; and a grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. It also offers software development, professional, and insurance services. Th... [Read more]

Sector Utilities
Founded 1998
Employees 936
Stock Exchange New Zealand Stock Exchange
Ticker Symbol MEL
Full Company Profile

Financial Performance

In 2024, Meridian Energy's revenue was 4.86 billion, an increase of 50.71% compared to the previous year's 3.22 billion. Earnings were 429.00 million, an increase of 351.58%.

Financial Statements

News

How solar and batteries fit with Meridian Energy, NZ’s biggest hydro generator

Meridian's Ruakākā Bess is NZ's first large-scale grid battery storage system.

5 days ago - NZ Herald

Meridian Energy Ltd (MDDNF) (Q4 2024) Earnings Call Transcript Highlights: Record Operating ...

Meridian Energy Ltd (MDDNF) (Q4 2024) Earnings Call Transcript Highlights: Record Operating Cash Flow and Dividend Increase

9 months ago - GuruFocus

Full Year 2024 Meridian Energy Ltd Earnings Call Transcript

Full Year 2024 Meridian Energy Ltd Earnings Call Transcript

9 months ago - GuruFocus