MEL.NZ - Meridian Energy Limited

NZSE - NZSE Delayed Price. Currency in NZD
4.3200
+0.0400 (+0.93%)
At close: 5:00PM NZST
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Previous Close4.2800
Open4.2850
Bid4.2800 x 2896100
Ask4.3350 x 1199400
Day's Range4.2800 - 4.3400
52 Week Range2.9600 - 4.3400
Volume497,056
Avg. Volume1,330,937
Market Cap11.074B
Beta (3Y Monthly)0.85
PE Ratio (TTM)45.47
EPS (TTM)0.0950
Earnings DateFeb 19, 2019 - Feb 26, 2019
Forward Dividend & Yield0.11 (2.81%)
Ex-Dividend Date2019-03-28
1y Target Est3.11
  • Judge: No site permit needed for refinery near national park
    Associated Press4 days ago

    Judge: No site permit needed for refinery near national park

    BISMARCK, N.D. (AP) — A North Dakota judge has ruled that regulators properly refrained from getting involved in a dispute over the location of an $800 million oil refinery planned near Theodore Roosevelt National Park, sparing developers from a potentially lengthy delay in construction.

  • How Did Meridian Energy Limited's (NZSE:MEL) 5.2% ROE Fare Against The Industry?
    Simply Wall St.5 days ago

    How Did Meridian Energy Limited's (NZSE:MEL) 5.2% ROE Fare Against The Industry?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Dispute over refinery near national park heats up in court
    Associated Press2 months ago

    Dispute over refinery near national park heats up in court

    BISMARCK, N.D. (AP) — Parties involved in a dispute over whether North Dakota regulators should be involved in the siting of an oil refinery near Theodore Roosevelt National Park have filed their initial legal arguments in state court. Here's a look at the dispute over the $800 million Davis Refinery being built by Meridian Energy.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of MEL.NZ earnings conference call or presentation 19-Feb-19 11:30pm GMT

    Interim 2019 Meridian Energy Ltd Earnings Call

  • How Do Meridian Energy Limited’s (NZSE:MEL) Returns Compare To Its Industry?
    Simply Wall St.3 months ago

    How Do Meridian Energy Limited’s (NZSE:MEL) Returns Compare To Its Industry?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we are going to look atRead More...

  • Associated Press3 months ago

    Company gets water permit for refinery near national park

    A company facing opposition from environmentalists and landowners as it works to build an $800 million oil refinery near Theodore Roosevelt National Park in western North Dakota has cleared another hurdle by obtaining a state water permit, though the matter could still end up in state court. State Engineer Garland Erbele on Thursday followed the recent recommendation of an administrative law judge and issued a permit to Meridian Energy Group allowing the company to draw water from an underwater aquifer for the Davis Refinery, State Water Commission spokeswoman Jessie Wald said Monday. Administrative Law Judge Tim Dawson held a hearing in November and issued his recommendation Jan. 8, concluding "there is no realistic harm to the public interest" should the permit be issued.

  • What Kind Of Shareholders Own Meridian Energy Limited (NZSE:MEL)?
    Simply Wall St.4 months ago

    What Kind Of Shareholders Own Meridian Energy Limited (NZSE:MEL)?

    A look at the shareholders of Meridian Energy Limited (NZSE:MEL) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge Read More...

  • Meridian Energy Limited (NZSE:MEL): What’s In It For The Shareholders?
    Simply Wall St.6 months ago

    Meridian Energy Limited (NZSE:MEL): What’s In It For The Shareholders?

    If you are currently a shareholder in Meridian Energy Limited (NZSE:MEL), or considering investing in the stock, you need to examine how the business generates cash, and how it is Read More...

  • Simply Wall St.7 months ago

    Meridian Energy Limited (NZSE:MEL): Is It A Good Long Term Opportunity?

    The latest earnings announcement Meridian Energy Limited (NZSE:MEL) released in June 2018 revealed that the business benefited from a slight tailwind, eventuating to a single-digit earnings growth of 0.5%. Investors Read More...

  • Meridian Energy Limited (NZSE:MEL): Will The Growth Last?
    Simply Wall St.8 months ago

    Meridian Energy Limited (NZSE:MEL): Will The Growth Last?

    In June 2018, Meridian Energy Limited (NZSE:MEL) announced its earnings update. Overall, it seems that analyst forecasts are fairly optimistic, with profits predicted to increase by 24.4% next year relativeRead More...

  • Thomson Reuters StreetEvents9 months ago

    Edited Transcript of MEL.NZ earnings conference call or presentation 22-Aug-18 12:30am GMT

    Preliminary 2018 Meridian Energy Ltd Earnings Call

  • A Look At The Fair Value Of Meridian Energy Limited (NZSE:MEL)
    Simply Wall St.9 months ago

    A Look At The Fair Value Of Meridian Energy Limited (NZSE:MEL)

    I am going to run you through how I calculated the intrinsic value of Meridian Energy Limited (NZSE:MEL) by projecting its future cash flows and then discounting them to today’sRead More...

  • With An ROE Of 3.67%, Has Meridian Energy Limited’s (NZSE:MEL) Management Done Well?
    Simply Wall St.11 months ago

    With An ROE Of 3.67%, Has Meridian Energy Limited’s (NZSE:MEL) Management Done Well?

    This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Meridian Energy Limited (NZSE:MEL)’s returnRead More...

  • Is Meridian Energy Limited (NZE:MEL) A Strong Dividend Stock?
    Simply Wall St.11 months ago

    Is Meridian Energy Limited (NZE:MEL) A Strong Dividend Stock?

    A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Meridian Energy Limited (NZSE:MEL) has returned to shareholders over theRead More...

  • Reuterslast year

    New Zealand push on clean power comes with high political, economic risks

    WELLINGTON/MELBOURNE (Reuters) - New Zealand has set out to burnish its clean, green image by becoming Asia Pacific's first developed economy to stop using fossil fuels to generate power, although the pitfalls encountered by a Maori iwi, or tribe, may signal trouble ahead. The 3,000-member Ngaati Kea Ngaati Tuara iwi in Rotorua, when switching to renewables, found local geothermal sources were not hot enough to generate electricity. New Zealand, in its push to be free of power fired by coal and natural gas, would likely face similar problems scaled to national size and potentially billions of dollars in costs.