ASX Share rice
Fri 07 Aug 2020 - 02:39:am (Sydney)

MEZ Share Price

MERIDIAN ENERGY LIMITEDMEZUtilities

MEZ Company Information

Name:

Meridian Energy Limited

Sector:

Utilities

Industry:

Utilities—Renewable

Address:

55 Lady El izabeth Lane Wellington New Zealand 6011

Phone:

64 4 381 1200

Full Time Employees:

989

Chief Exec. Officer:

Mr. Neal Barclay BCA, CA (NZICA)

CFO and GM of Fin. & Strategy:

Mr. Mike Roan

Investor Relations Mang.:

Owen Hackston

Chief Exec. of Meridian Energy Australia & Powershop Australia:

Mr. Jason Stein LLB, BCA

Gen. Counsel & Company Sec.:

Jason Woolley

Company Overview:

Meridian Energy Limited engages in the generation, trading, and retail of electricity. It generates electricity through hydro power stations and wind farms located in New Zealand and Australia; and a solar farm in Tongatapu, Tonga. The company sells its electricity to residential, business, and industrial customers under the Meridian and Powershop brands. It also provides management, insurance, financing, professional, trustee, and software development services, as well as holds licenses. The company is based in Wellington, New Zealand.

MEZ Share Price Information

Shares Issued:

2.56B

Market Capitalisation:

$11.86B

Dividend per Share:

$0.16

Ex Dividend Date:

2020-03-30

Dividend Yield:

3.46%

Earnings per Share:

$0.054

Profit Margin:

0.1056

Return On Assets (TTM):

$0.04

Return On Equity (TTM):

$0.08

Quarterly Revenue Growth (YOY):

0.053

Gross Profit(TTM):

$838M

Diluted Earnings Per Share (TTM):

$0.054

QuarterlyEarnings Growth(YOY):

0.257

MEZ CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-69,000,000

Change To Liabilities:

$39M

Total Cashflow From Investing Activities:

$-69,000,000

Net Borrowings:

$-46,000,000

Net Income:

$339M

Total Cash From Operating Activities:

$635M

Depreciation:

$250M

Dividends Paid:

$-500,000,000

Change To Account Receivables:

$-32,000,000

Capital Expenditures:

$69M

MEZ Income Statement

Income Date:

2019-06-30

Income Before Tax:

$472M

Net Income:

$339M

Gross Profit:

$3.47B

Operating Income:

$545M

Other Operating Expenses:

$-58,000,000

Interest Expense:

$80M

Income Tax Expense:

$133M

Total Revenue:

$3.47B

Total Operating Expenses:

$2.93B

Cost Of Revenue:

$2.65B

MEZ Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$59M

Total Liabilities:

$4.20B

Total Stockholder Equity:

$5.46B

Other Current Liabilities:

$16M

Total Assets:

$9.66B

Common Stock:

$1.60B

Other Current Assets:

$54M

Retained Earnings:

$-1,171,000,000

Other Liabilities:

$2.25B

Other Assets:

$231M

Cash:

$78M

Total Current Liabilities:

$620M

Short-Term Debt:

$167M

Property - Plant & Equipment:

$8.83B

Net Tangible Assets:

$5.40B

Total Current Assets:

$542M

Long-Term Debt:

$1.30B

Net Receivables:

$297M

Short-Term Investments:

$9.12B

Non Currrent Assets (Other):

$8.71B

Short-Term Investments:

$9.12

Non Current Liabilities Total:

$3.58B

MEZ Share Price History

MEZ News

16 Jul, 2020
A look at the shareholders of Meridian Energy Limited (NZSE:MEL) can tell us which group is most powerful. Large...
15 Jun, 2020
How far off is Meridian Energy Limited (NZSE:MEL) from its intrinsic value? Using the most recent financial data...
25 Apr, 2020
It is hard to get excited after looking at Meridian Energy's (NZSE:MEL) recent performance, when its stock has...
27 Mar, 2020
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
30 Jan, 2020
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Meridian...
01 Jan, 2020
One simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks...
26 Nov, 2019
Today we'll look at Meridian Energy Limited (NZSE:MEL) and reflect on its potential as an investment. To be precise...
27 Oct, 2019
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
04 Oct, 2019
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
09 Sep, 2019
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
18 Aug, 2019
In December 2018, Meridian Energy Limited (NZSE:MEL) released its earnings update. Generally, analysts seem fairly...
17 Aug, 2019
Every investor in Meridian Energy Limited (NZSE:MEL) should be aware of the most powerful shareholder groups...

MEZ Dividend Payments

EX-Date Dividend Amount
2014-03-26$0.0486
2014-09-26$0.0682
2015-03-26$0.0480
2015-09-28$8.0602
2016-03-29$0.0402
2016-09-29$0.0985
2017-03-29$0.0616
2017-09-28$0.0244
2018-03-27$0.0231
2018-09-27$0.0244
2019-03-27$0.0244
2019-09-27$0.0227
2020-03-29$0.0237

MEZ Dividends (last 7 Years)