NZSE:GNEElectric Utilities
Is New Gas Supply And Dividend Policy Altering The Investment Case For Genesis Energy (NZSE:GNE)?
Genesis Energy Limited recently reported full-year 2026 results showing sales of NZ$2,831.6 million and net income of NZ$84.5 million, and announced a fully paid ordinary dividend of NZ$0.08917647 per security for the six months to June 30, 2026.
In parallel, Genesis has secured approximately 11.4 PJ of additional third-party gas supply plus up to 8.6 PJ from the Kupe field from 2027 to 2029, reinforcing its ability to meet forecast retail demand while moving away from baseload gas...