Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director David Baldwin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 05
Genesis Energy Limited to Report Fiscal Year 2026 Results on Aug 27, 2026 Genesis Energy Limited announced that they will report fiscal year 2026 results on Aug 27, 2026 Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director David Baldwin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 30
Genesis Energy Announces Resignation of Chief Financial Officer Julie Amey, Effective April 10, 2026 Genesis Energy advised that Chief Financial Officer, Julie Amey, has resigned her position with effect from April 10, 2026. During her time at Genesis, Julie has led the successful implementation of the new enterprise software system, and Powered Finance transformation programme, alongside positioning the finance function to support accelerated delivery of Genesis’s growth programme. Aankondiging • Mar 24
Genesis Energy Limited has completed a Follow-on Equity Offering in the amount of NZD 299.952718 million. Genesis Energy Limited has completed a Follow-on Equity Offering in the amount of NZD 299.952718 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 146,318,399
Price\Range: NZD 2.05
Discount Per Security: NZD 0.17
Transaction Features: Rights Offering Aankondiging • Feb 25
Genesis Energy Limited Declares Ordinary Unfranked Dividend for the Period of Six Months December 31, 2025, Payable on 25 March 2026 Genesis Energy Limited declared ordinary unfranked dividend of NZD 0.0730000 per security for the period of six months December 31, 2025. Record Date is 26 February 2026. Ex Date 25 February 2026 and Payment Date is 25 March 2026. Aankondiging • Feb 24
Genesis Energy Limited has completed a Follow-on Equity Offering in the amount of NZD 99.999998 million. Genesis Energy Limited has completed a Follow-on Equity Offering in the amount of NZD 99.999998 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,511,627
Price\Range: NZD 2.15
Discount Per Security: NZD 0.0473
Transaction Features: Subsequent Direct Listing Aankondiging • Jan 23
Genesis Energy Limited to Report First Half, 2026 Results on Feb 23, 2026 Genesis Energy Limited announced that they will report first half, 2026 results on Feb 23, 2026 Board Change • Dec 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director David Baldwin was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 01
Genesis Energy Limited, Annual General Meeting, Oct 16, 2025 Genesis Energy Limited, Annual General Meeting, Oct 16, 2025. Aankondiging • Jul 25
Genesis Energy Limited to Report Fiscal Year 2025 Results on Aug 26, 2025 Genesis Energy Limited announced that they will report fiscal year 2025 results Pre-Market on Aug 26, 2025 Aankondiging • Mar 20
Paul Zealand to Step Down from the Board of Genesis Energy, Effective 30 May 2025 Genesis Energy announced that Paul Zealand has advised the Company of his intention to step down from the Genesis Board, due to health reasons, effective 30 May 2025. Paul joined the Board in October 2016 and has been a valued member of the Human Resources and Remuneration Committee and the Nominations Committee. The Board thanks Paul for his significant contribution to the Company over the past eight years, particularly his leadership in governance, strategy, and risk management. Buy Or Sell Opportunity • Jan 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.2% to AU$2.05. The fair value is estimated to be AU$1.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to decline by 3.9% per annum. Earnings are forecast to grow by 8.6% per annum over the same time period. Aankondiging • Dec 18
Genesis Energy Limited to Report First Half, 2025 Results on Feb 21, 2025 Genesis Energy Limited announced that they will report first half, 2025 results on Feb 21, 2025 Aankondiging • Oct 02
Genesis Energy Limited (NZSE:GNE) signed an agreement to acquire 65% stake in ChargeNet NZ Limited for NZD 64 million. Genesis Energy Limited (NZSE:GNE) signed an agreement to acquire 65% stake in ChargeNet NZ Limited for NZD 64 million on October 1, 2024. Genesis’ investment will enable ChargeNet to accelerate that growth with charge points expected to more than double by 2030. This supports the government’s goal of having a national network of 10,000 chargers by 2030. With nearly 500,000 customers, Genesis can accelerate ChargeNet’s market leadership by utilising energy management expertise, guiding larger customers through fleet transitions and ensuring we deliver the best charging network for the country’s EV drivers. Chris Hodges of Bell Gully is advising Genesis Energy. Upcoming Dividend • Sep 18
Upcoming dividend of NZ$0.082 per share Eligible shareholders must have bought the stock before 25 September 2024. Payment date: 11 October 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.3%. Within top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (5.1%). Reported Earnings • Aug 22
Full year 2024 earnings released: EPS: NZ$0.12 (vs NZ$0.18 in FY 2023) Full year 2024 results: EPS: NZ$0.12 (down from NZ$0.18 in FY 2023). Revenue: NZ$3.05b (up 28% from FY 2023). Net income: NZ$131.1m (down 33% from FY 2023). Profit margin: 4.3% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Oceania are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Aug 08
Genesis Energy Limited, Annual General Meeting, Oct 15, 2024 Genesis Energy Limited, Annual General Meeting, Oct 15, 2024. Aankondiging • Jun 27
Genesis Energy Limited to Report Fiscal Year 2024 Results on Aug 22, 2024 Genesis Energy Limited announced that they will report fiscal year 2024 results on Aug 22, 2024 Aankondiging • May 15
Genesis Energy Announces Chief Financial Officer Changes Genesis Energy confirmed the appointment of Julie Amey as Chief Financial Officer. Julie will join Genesis from 4 November 2024 and brings over 30 years of finance experience, primarily in the energy sector. Julie currently holds the role of Chief Financial Officer, SkyCity Entertainment Group, a position she has held since May 2021. Prior to this, Julie gained over 20 years experience in global multi-national, Shell Oil Company; her last three roles being Vice President Finance, Integrated Gas, Shell Australia, Vice President Finance, Qatar Shell GTL Limited and prior to that, Chief Financial Officer Shell Turcas AS Turkey. Before joining the Shell Group, Julie held a senior finance role with Fletcher Challenge Energy Ltd. in New Zealand, transitioning into Shell as part of their acquisition of this entity. Julie commenced her career in audit and consultancy services at Deloitte & Touche in New Zealand. Chief Executive, Malcolm Johns, is looking forward to welcoming Julie to Genesis in November. Genesis has appointed Emma Oettli to the role of Interim Chief Financial Officer. Emma will lead the finance function in an acting capacity from 20 May 2024 until Julie Amey commences on 4 November 2024. Emma currently holds the role of General Manager, Retail Finance and Commercial, and has previously held the role of Interim Chief Financial Officer at Genesis for the period from November 2021 to March 2022. Aankondiging • Apr 06
Genesis Energy Limited Provides Update to Kupe Ks-9 Commissioning Genesis Energy advised that well commissioning activities at Kupe remain ongoing and are expected to continue through April. These activities include a wireline intervention campaign to seek to diagnose and remediate lower than expected daily production levels. Through the commissioning period, daily production levels from Kupe are expected to be approximately consistent with current production levels of 47TJ/day. The long term impact of the well on overall daily production levels from Kupe will not be known until all existing commissioning activities are concluded and data analysis has been completed. As previously stated, reserves assessments are underway, with conclusions of a full review expected in June 2024. Upcoming Dividend • Mar 13
Upcoming dividend of NZ$0.082 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 10 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.1%. Within top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (5.1%). Declared Dividend • Feb 24
First half dividend of NZ$0.082 announced Shareholders will receive a dividend of NZ$0.082. Ex-date: 20th March 2024 Payment date: 10th April 2024 Dividend yield will be 7.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (189% earnings payout ratio). However, it is covered by cash flows (67% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 111% to bring the payout ratio under control. EPS is expected to grow by 63% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 23
First half 2024 earnings released: EPS: NZ$0.036 (vs NZ$0.14 in 1H 2023) First half 2024 results: EPS: NZ$0.036 (down from NZ$0.14 in 1H 2023). Revenue: NZ$1.37b (up 19% from 1H 2023). Net income: NZ$38.3m (down 74% from 1H 2023). Profit margin: 2.8% (down from 13% in 1H 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Electric Utilities industry in Oceania. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Aankondiging • Feb 16
Genesis Energy Limited Announces Resignation of James Spence as Chief Financial Officer Effective from 24 May Genesis Energy Limited announced that Chief Financial Officer, James Spence, is leaving the company due to family reasons, effective from 24 May and will take up a new role in Australia. James moved to New Zealand from Australia with his family to join Genesis Energy in March 2022 as Chief Financial Officer. Genesis has commenced a recruitment process for a new Chief Financial Officer and will update the market when that process is complete. Aankondiging • Dec 20
Genesis Energy Limited to Report Q2, 2024 Results on Feb 22, 2024 Genesis Energy Limited announced that they will report Q2, 2024 results Pre-Market on Feb 22, 2024 New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by earnings (95% payout ratio). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Aankondiging • Sep 28
Genesis Energy Limited Announces Executive Team Changes Genesis Energy Limited's Chief Executive Malcolm Johns announced changes to the Executive Team as the Company positions itself to a smaller executive team to execute a refreshed strategy, to be launched later in 2023. The business will move into six business units, Retail, Wholesale and four support units. This has resulted in two executive positions being disestablished, the Chief Operations Officer and Chief Trading Officer. The Wholesale business unit will be led by a Chief Wholesale Officer. Chief Executive, Malcolm Johns, said that Genesis is sad to see Rebecca Larking and Pauline Martin leaving the business. Upcoming Dividend • Sep 14
Upcoming dividend of NZ$0.10 per share at 7.1% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 06 October 2023. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 7.1%. Within top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (4.6%). Aankondiging • Aug 24
Genesis Energy Limited Announces Dividend the Six Months Ended June 30, 2023, Payable on October 6, 2023 Genesis Energy Limited announced dividend of NZD 0.10352941 per share for the six months ended June 30, 2023. Ex-date is September 21, 2023. Record date is September 22, 2023. Payment date is October 6, 2023. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: NZ$0.18 (vs NZ$0.21 in FY 2022) Full year 2023 results: EPS: NZ$0.18 (down from NZ$0.21 in FY 2022). Revenue: NZ$2.37b (down 16% from FY 2022). Net income: NZ$195.7m (down 12% from FY 2022). Profit margin: 8.2% (up from 7.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Aug 04
Genesis Energy Limited, Annual General Meeting, Oct 13, 2023 Genesis Energy Limited, Annual General Meeting, Oct 13, 2023, at 10:00 NZST - New Zealand Standard. Location: World Cup Lounge West, Eden Park, Kingston Auckland New Zealand Aankondiging • Jul 17
Genesis Appoints Edward Hyde as Chief Transformation & Technology Officer, Effective from 4 September 2023 Genesis appointed of Edward Hyde as Chief Transformation & Technology Officer. He will commence his role on 4 September 2023. Edward is a proven senior executive with a track record of introducing new technologies and working practices to enable businesses to drive productivity through innovation and disruption, complementing his strong people and commercial leadership experience. He joins Genesis from Chorus New Zealand where, over the past five years, he held the role of Chief Customer Officer. Edward has previously held senior roles at Spark New Zealand, including Chief Executive Officer for Spark Ventures and Chief Executive Officer for data and insights platform, Qrious. Edward s earlier career began in the UK where he held a number of senior roles in the telecommunications industry. Edward holds a Bachelor of Science in Material Science and Engineering from Manchester University, United Kingdom. Aankondiging • Jul 12
Genesis Energy Limited to Report Fiscal Year 2023 Results on Aug 24, 2023 Genesis Energy Limited announced that they will report fiscal year 2023 results Pre-Market on Aug 24, 2023 Upcoming Dividend • Mar 15
Upcoming dividend of NZ$0.10 per share at 6.4% yield Eligible shareholders must have bought the stock before 22 March 2023. Payment date: 06 April 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.4%. Lower than top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (4.1%). Reported Earnings • Feb 27
First half 2023 earnings released: EPS: NZ$0.14 (vs NZ$0.081 in 1H 2022) First half 2023 results: EPS: NZ$0.14 (up from NZ$0.081 in 1H 2022). Revenue: NZ$1.16b (down 16% from 1H 2022). Net income: NZ$145.3m (up 72% from 1H 2022). Profit margin: 13% (up from 6.1% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Oceania are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.