MERIDIAN ENERGY LIMITED (MEZ)
AI Coverage Rating: Moderate
ASX AI Signals has generated 2 signal(s) for MEZ during the last 90 days,
indicating Moderate trading activity
Latest MEZ Signals |
| 05/06/2026 | BUY |
| 22/05/2026 | BUY |
MEZ Share Price |
| Current Price | $4.710 |
| 52 Week High | $5.339 |
| 52 Week Low: | $4.430 |
| Trading at (% of 52 Week High) | 88.22% |
Volume
19562
20 Day Avg
27120
Relative Volume
72.1%
Business Overview
Meridian Energy Limited (ASX: MEZ) is a New Zealand-based renewable energy company that generates electricity primarily from wind and hydro power. The company operates a portfolio of power stations and supplies electricity to residential and commercial customers. Meridian Energy is focused on sustainable energy solutions and reducing carbon emissions.
ASX Sector Overview
Sector: Utilities
The Utilities sector on the ASX includes companies that provide essential services such as electricity, gas, and water to residential, commercial, and industrial customers. These businesses often operate large infrastructure networks for power generation, transmission, and distribution. The sector plays a crucial role in supporting daily life and economic activities through reliable energy and water supply. It is typically characterized by regulated operations and long-term investments in infrastructure projects.
Latest AI Recommendation
MERIDIAN ENERGY LIMITED (MEZ) shows strong fundamentals and positive momentum, supported by favorable market conditions in the renewable energy sector. The BUY signal aligns with solid growth prospects and stable financial performance, though some sector-specific risks remain.
Latest MERIDIAN ENERGY LIMITED(MEZ) News
06 Mar 2025, 05:06 AM
The subdued stock price reaction suggests that Meridian Energy Limited's (NZSE:MEL) strong earnings didn't offer any surprises. Investors are probably missing some underlying factors which are encouraging for the future of the company.
See our latest analysis for Meridian Energy NZSE:MEL Earnings a
01 Mar 2025, 05:12 AM
Meridian Energy (NZSE:MEL) First Half 2025 Results
Key Financial Results
Revenue: NZ$2.26b (up 6.8% from 1H 2024). Net loss: NZ$121.0m (down by 163% from NZ$191.0m profit in 1H 2024). NZ$0.047 loss per share (down from NZ$0.074 profit in 1H 2024).NZSE:MEL Earnings and Revenue Growth February 28th
27 Feb 2025, 05:26 AM
Key Insights
Significant control over Meridian Energy by state or government implies that the general public has more power to influence management and governance-related decisions The largest shareholder of the company is New Zealand with a 51% stake Institutional ownership in Meridian Energy is 1
26 Feb 2025, 06:13 PM
Operating Cash Flows: Fell by $253 million to $50 million. EBITDA: Decreased by $186 million to $257 million. Interim Dividend: Maintained at $0.0615 per share, imputed at 85%. Energy Margin: Fell by $185 million due to lack of rain and wind. Demand Response and Swaptions Cost: Total cost of $200 mi
03 Feb 2025, 07:02 AM
By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. Just take a look at Meridian Energy Limited (NZSE:MEL), which is up 23%, over three years, soundly beating
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