Contact Energy Limited (CEN.NZ)
Contact Energy Limited operates in the Renewable Utilities industry of the Utilities sector, headquartered in Wellington, WGN, NZ. The stock last traded at $9.10, up 0.78% on the session, giving a market capitalisation of $9.74B. Its beta of 0.12 implies it has historically moved less than the broad market.
Headquartered in Wellington, New Zealand, Contact Energy Limited is a prominent energy provider that has been operating since its incorporation in 1995. The company specializes in the generation and sale of electricity and natural gas across the country. Its business is structured into two core divisions: Wholesale and Customer. The Wholesale segment is responsible for supplying electricity to the broader wholesale market and directly to major commercial and industrial enterprises. In contrast, the Customer segment delivers electricity, natural gas, and broadband services, alongside other offerings, to mass market consumers. Drawing power from its diverse portfolio of 11 hydro, geothermal, and thermal power stations, Contact Energy also supplies bottled liquefied petroleum gas (LPG). The company currently serves a significant customer base, numbering approximately 532,000 individuals and businesses.
Contact Energy Limited is most often compared with the following Utilities names: