Genesis Energy Limited

NZSE:GNE Stock Report

Market Cap: NZ$3.5b

Genesis Energy Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Malcolm Johns

Chief executive officer

NZ$2.2m

Total compensation

CEO salary percentage61.47%
CEO tenure3.4yrs
CEO ownershipn/a
Management average tenure3.3yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Narrative Update Jul 06

GNE: Future Battery Expansion And Equity Raise Will Drive Upside Potential

Analysts lifted their fair value estimate for Genesis Energy to NZ$3.03 from NZ$2.63, citing valuation support and referencing recent Street research in which a related stock was upgraded on similar grounds. What’s in the News for Genesis Energy Genesis Energy reached Final Investment Decision on the second stage of its Battery Energy Storage System programme at Huntly Power Station, adding 100 MW / 200 MWh and bringing total planned BESS capacity at the site to 200 MW / 400 MWh. The expanded Huntly BESS is described as the lowest cost committed grid scale battery project in New Zealand to date, using existing land, infrastructure, grid connection and shared plant from the first stage.
Narrative Update Jun 22

GNE: Future Returns Will Strain As Large Projects Meet Softer Margins

Analysts have increased their NZ$ fair value price target for Genesis Energy to NZ$2.18, citing recent valuation support and referencing broader sector peers that have seen upgrades on similar grounds. What’s in the News for Genesis Energy Genesis Energy reached Final Investment Decision on the second stage of its Battery Energy Storage System programme at Huntly Power Station, adding 100 MW / 200 MWh of capacity and taking total installed BESS capacity at the site to 200 MW / 400 MWh, with an estimated project cost of about NZ$106 million.
Narrative Update Jun 07

GNE: Future Returns Will Strain Under Softer Margins And Higher Discount Rate

Analysts have lifted their NZ$ price target for Genesis Energy, pointing to a modestly higher assumed P/E multiple and updated views on revenue growth, margins and discount rate, while keeping their fair value estimate unchanged at NZ$2.18. What's in the News Genesis Energy has reached Final Investment Decision on the second stage of its Battery Energy Storage System programme at Huntly Power Station, adding 100 MW / 200 MWh of capacity for a total of 200 MW / 400 MWh at the site, with an estimated project cost of about NZ$106 million and funding planned on balance sheet.
Narrative Update Apr 28

GNE: Fair Value View Will Balance BESS Expansion And Margin Pressures

Analysts have lifted their NZ$2.08 fair value estimate for Genesis Energy to NZ$2.18. This reflects updated views on discount rates, revenue trends, profit margins and a higher assumed future P/E multiple.
Narrative Update Mar 27

GNE: Recent Equity Raises Will Support Future Upside Potential

Analysts have nudged their Genesis Energy price target to NZ$2.63, reflecting updated assumptions around slightly softer revenue growth, a marginally higher profit margin and a steady forward P/E multiple. What's in the News The company completed a rights offering follow-on equity raise of NZ$299.952718 million, issuing 146,318,399 ordinary shares at NZ$2.05 per share with a NZ$0.17 discount per security (Key Developments).
Narrative Update Mar 12

GNE: Equity Raising And Long-Term Wind Agreement Will Support Future Upside Potential

Analysts have nudged their Genesis Energy price target, with the updated fair value now set at NZ$2.63. This reflects adjusted assumptions around revenue growth, margins and future P/E multiples.
Narrative Update Feb 26

GNE: Equity Raising And Wind Farm Agreement Will Support Future Upside Potential

Analysts have reduced their NZ$ fair value estimate for Genesis Energy from NZ$3.00 to NZ$2.63. They cite updated assumptions around discount rates, revenue trends, profit margins and a higher future P/E multiple.
Analysis Article Sep 10

Genesis Energy (NZSE:GNE) Is Paying Out A Larger Dividend Than Last Year

Genesis Energy Limited's ( NZSE:GNE ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Feb 26

Genesis Energy (NZSE:GNE) Is Paying Out A Larger Dividend Than Last Year

The board of Genesis Energy Limited ( NZSE:GNE ) has announced that it will be paying its dividend of NZ$0.0839 on the...
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New Narrative Feb 08

Development Of Huntly Battery And Solar Farms Will Improve Sustainability But Face Cost Challenges

Flexible generation and renewable developments enhance energy security, diversify revenue streams, and stabilize costs by reducing reliance on volatile fuel sources.
Analysis Article Dec 10

Is Genesis Energy Limited (NZSE:GNE) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights Genesis Energy's estimated fair value is NZ$1.79 based on 2 Stage Free Cash Flow to Equity Genesis...
Analysis Article Nov 20

Is Genesis Energy (NZSE:GNE) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 09

Genesis Energy (NZSE:GNE) Has Announced A Dividend Of NZ$0.0824

The board of Genesis Energy Limited ( NZSE:GNE ) has announced that it will pay a dividend of NZ$0.0824 per share on...
Analysis Article Aug 24

Genesis Energy (NZSE:GNE) Is Due To Pay A Dividend Of NZ$0.0824

The board of Genesis Energy Limited ( NZSE:GNE ) has announced that it will pay a dividend on the 11th of October, with...
Analysis Article Aug 22

News Flash: Analysts Just Made A Notable Upgrade To Their Genesis Energy Limited (NZSE:GNE) Forecasts

Shareholders in Genesis Energy Limited ( NZSE:GNE ) may be thrilled to learn that the analysts have just delivered a...
Analysis Article Jul 19

Some Shareholders Feeling Restless Over Genesis Energy Limited's (NZSE:GNE) P/E Ratio

With a price-to-earnings (or "P/E") ratio of 27.7x Genesis Energy Limited ( NZSE:GNE ) may be sending very bearish...
Analysis Article May 27

Genesis Energy (NZSE:GNE) Has Some Way To Go To Become A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Dec 26

Genesis Energy Limited's (NZSE:GNE) Price Is Out Of Tune With Earnings

It's not a stretch to say that Genesis Energy Limited's ( NZSE:GNE ) price-to-earnings (or "P/E") ratio of 13.9x right...
Analysis Article Dec 07

Here's Why Genesis Energy (NZSE:GNE) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 09

Genesis Energy's (NZSE:GNE) Shareholders Will Receive A Bigger Dividend Than Last Year

Genesis Energy Limited ( NZSE:GNE ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article Aug 26

Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.1035

The board of Genesis Energy Limited ( NZSE:GNE ) has announced that it will be paying its dividend of NZ$0.1035 on the...
Analysis Article Feb 14

With EPS Growth And More, Genesis Energy (NZSE:GNE) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 23

Does Genesis Energy (NZSE:GNE) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 02

Genesis Energy (NZSE:GNE) Might Have The Makings Of A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Oct 13

Calculating The Fair Value Of Genesis Energy Limited (NZSE:GNE)

How far off is Genesis Energy Limited ( NZSE:GNE ) from its intrinsic value? Using the most recent financial data...
Analysis Article Sep 19

Genesis Energy (NZSE:GNE) Is Paying Out A Larger Dividend Than Last Year

Genesis Energy Limited ( NZSE:GNE ) has announced that it will be increasing its dividend from last year's comparable...

CEO Compensation Analysis

How has Malcolm Johns's remuneration changed compared to Genesis Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

NZ$194m

Sep 30 2025n/an/a

NZ$182m

Jun 30 2025NZ$2mNZ$1m

NZ$169m

Mar 31 2025n/an/a

NZ$166m

Dec 31 2024n/an/a

NZ$163m

Sep 30 2024n/an/a

NZ$147m

Jun 30 2024n/an/a

NZ$131m

Mar 31 2024n/an/a

NZ$110m

Dec 31 2023n/an/a

NZ$89m

Sep 30 2023n/an/a

NZ$142m

Jun 30 2023NZ$574kNZ$343k

NZ$196m

Compensation vs Market: Malcolm's total compensation ($USD1.27M) is about average for companies of similar size in the NZ market ($USD1.26M).

Compensation vs Earnings: Malcolm's compensation has increased by more than 20% in the past year.


CEO

Malcolm Johns

3.4yrs
Tenure
NZ$2,154,443
Compensation

Mr. Malcolm Johns is a Chief Executive at Genesis Energy Limited since March 13, 2023. He served as Chief Executive Officer of Christchurch International Airport Ltd. since January 2014 until January 01, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Malcolm Johns
Chief Executive3.4yrsNZ$2.15mno data
Emma Oettli
Chief Financial Officerless than a yearno data0.0015%
NZ$ 52.9k
Tracey Hickman
Chief Operating Officerno dataNZ$566.98k0.015%
NZ$ 519.7k
Edward Hyde
Chief Transformation & Technology Officer2.9yrsno datano data
David Porter
Investor Relations Managerno datano datano data
Graeme Muir
Group Manager Communications & Mediano datano datano data
Claire Walker
Chief People Officer3.3yrsno datano data
Stephen England-Hall
Chief Revenue Officerno datano data0.000010%
NZ$ 348.1
Matthew Osborne
Chief Corporate Affairs Officer & Company Secretary8.3yrsno data0.0033%
NZ$ 114.9k
3.3yrs
Average Tenure

Experienced Management: GNE's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Baldwin
Independent Non-Executive Directorless than a yearno data0.0031%
NZ$ 106.5k
Timothy Miles
Independent Non-Executive Director9.8yrsNZ$132.33k0.0035%
NZ$ 121.1k
Barbara Chapman
Independent Chairman8.3yrsNZ$208.00k0.0017%
NZ$ 60.6k
Hinerangi Raumati-Tu'ua
Independent Non-Executive Director4.4yrsNZ$125.22kno data
James Moulder
Independent Director7.8yrsNZ$125.22k0.0011%
NZ$ 40.0k
Warwick Ean Hunt
Independent Non- Executive Director3.9yrsNZ$125.22kno data
6.1yrs
Average Tenure
66yo
Average Age

Experienced Board: GNE's board of directors are considered experienced (6.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/19 15:37
End of Day Share Price 2026/08/19 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Genesis Energy Limited is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grant SwanepoelDeutsche Bank
Graeme MoyseEdison Investment Research
Andrew Harvey-GreenForsyth Barr Group Ltd.