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Genesis Energy Ltd: 1 director
A director at Genesis Energy Ltd maiden bought 19,300 shares at 2.078NZD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...
With a more favourable environment, GENESIS ENERGY improves to Slightl...
GENESIS ENERGY (NZ), a company active in the Conventional Electricity industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date February 11, 2022, the closing price was NZD 2.84 and it...
- Adrian Atkins
Morningstar | Flexible Portfolio Helps Genesis Weather Tough Quarter
Narrow-moat Genesis Energy is on track to hit the bottom end of its fiscal 2019 EBITDA guidance of NZD 360 million-375 million, according to management. Its third quarter was mixed, with higher wholesale electricity prices and increased thermal output making up for lower hydroelectric volume. The outlook for the New Zealand gentailers is benign. The electricity market is back in balance, and the major players, including Genesis, are exploring growth options. Our fiscal 2019 EBITDA forecast is la...
- Adrian Atkins
Morningstar | Flexible Portfolio Helps Genesis Weather Tough Quarter
Narrow-moat Genesis Energy is on track to hit the bottom end of its fiscal 2019 EBITDA guidance of NZD 360 million-375 million, according to management. Its third quarter was mixed, with higher wholesale electricity prices and increased thermal output making up for lower hydroelectric volume. The outlook for the New Zealand gentailers is benign. The electricity market is back in balance, and the major players, including Genesis, are exploring growth options. Our fiscal 2019 EBITDA forecast is la...
- Adrian Atkins
Morningstar | Flexible Portfolio Helps Genesis Weather Tough Quarter. ...
Narrow-moat Genesis Energy is on track to hit the bottom end of its fiscal 2019 EBITDA guidance of NZD 360 million-375 million, according to management. Its third quarter was mixed, with higher wholesale electricity prices and increased thermal output making up for lower hydroelectric volume. The outlook for the New Zealand gentailers is benign. The electricity market is back in balance, and the major players, including Genesis, are exploring growth options. Our fiscal 2019 EBITDA forecast is la...
- Adrian Atkins
Morningstar | Flexible Portfolio Helps Genesis Weather Tough Quarter. ...
Narrow-moat Genesis Energy is on track to hit the bottom end of its fiscal 2019 EBITDA guidance of NZD 360 million-375 million, according to management. Its third quarter was mixed, with higher wholesale electricity prices and increased thermal output making up for lower hydroelectric volume. The outlook for the New Zealand gentailers is benign. The electricity market is back in balance, and the major players, including Genesis, are exploring growth options. Our fiscal 2019 EBITDA forecast is la...
- Adrian Atkins
Flexible Portfolio Helps Genesis Weather Tough Quarter
Narrow-moat Genesis Energy is on track to hit the bottom end of its fiscal 2019 EBITDA guidance of NZD 360 million-375 million, according to management. Its third quarter was mixed, with higher wholesale electricity prices and increased thermal output making up for lower hydroelectric volume. The outlook for the New Zealand gentailers is benign. The electricity market is back in balance, and the major players, including Genesis, are exploring growth options. Our fiscal 2019 EBITDA forecast is la...
- Adrian Atkins
Flexible Portfolio Helps Genesis Weather Tough Quarter
Narrow-moat Genesis Energy is on track to hit the bottom end of its fiscal 2019 EBITDA guidance of NZD 360 million-375 million, according to management. Its third quarter was mixed, with higher wholesale electricity prices and increased thermal output making up for lower hydroelectric volume. The outlook for the New Zealand gentailers is benign. The electricity market is back in balance, and the major players, including Genesis, are exploring growth options. Our fiscal 2019 EBITDA forecast is la...
- Adrian Atkins
Genesis' Oil and Gas Exposure a Near-Term Risk
Narrow-moat Genesis Energy reported a soft first half, with EBITDA down 1.5% to NZD 196 million as an improved retail performance was offset by planned outages at a power station and the Kupe oil and gas field. Without these outages repeating, second-half earnings should improve. Management upgraded guidance by a couple of percent to NZD 360 to 375 million, which at the midpoint represents growth of 2% on last year. We marginally upgrade our fiscal 2019 earnings forecasts and remain comfortable ...
- Adrian Atkins
Genesis' Oil and Gas Exposure a Near-Term Risk
Narrow-moat Genesis Energy reported a soft first half, with EBITDA down 1.5% to NZD 196 million as an improved retail performance was offset by planned outages at a power station and the Kupe oil and gas field. Without these outages repeating, second-half earnings should improve. Management upgraded guidance by a couple of percent to NZD 360 to 375 million, which at the midpoint represents growth of 2% on last year. We marginally upgrade our fiscal 2019 earnings forecasts and remain comfortable ...
- Adrian Atkins
Morningstar | Soft 1H for Genesis but 2H Is More Promising
Narrow-moat Genesis Energy reported a soft first half, with EBITDA down 1.5% to NZD 196 million as an improved retail performance was offset by planned outages at a power station and the Kupe oil and gas field. Without these outages repeating, second-half earnings should improve. Management upgraded guidance by a couple of percent to NZD 360 to 375 million, which at the midpoint represents growth of 2% on last year. We marginally upgrade our fiscal 2019 earnings forecasts and remain comfortable ...
- Adrian Atkins
Morningstar | Soft 1H for Genesis but 2H Is More Promising
Narrow-moat Genesis Energy reported a soft first half, with EBITDA down 1.5% to NZD 196 million as an improved retail performance was offset by planned outages at a power station and the Kupe oil and gas field. Without these outages repeating, second-half earnings should improve. Management upgraded guidance by a couple of percent to NZD 360 to 375 million, which at the midpoint represents growth of 2% on last year. We marginally upgrade our fiscal 2019 earnings forecasts and remain comfortable ...
- Adrian Atkins
Morningstar | Good Medium-Term Growth, but Kupe Depletion Is a Longer-...
Genesis Energy is a vertically integrated electricity generator and retailer accounting for more than 15% of New Zealand's total electricity output and a fourth of the retail market. It enjoys a strong competitive position, and we rate the firm as having a narrow economic moat based on its position in the oligopolistic New Zealand electricity market. The regulatory environment has been favourable, and the market is dominated by four major electricity companies, providing an attractive landscape ...
- Adrian Atkins
Morningstar | Good Medium-Term Growth, but Kupe Depletion Is a Longer-...
Genesis Energy is a vertically integrated electricity generator and retailer accounting for more than 15% of New Zealand's total electricity output and a fourth of the retail market. It enjoys a strong competitive position, and we rate the firm as having a narrow economic moat based on its position in the oligopolistic New Zealand electricity market. The regulatory environment has been favourable, and the market is dominated by four major electricity companies, providing an attractive landscape ...
- Adrian Atkins
Soft 1H for Genesis but 2H Is More Promising
Narrow-moat Genesis Energy reported a soft first half, with EBITDA down 1.5% to NZD 196 million as an improved retail performance was offset by planned outages at a power station and the Kupe oil and gas field. Without these outages repeating, second-half earnings should improve. Management upgraded guidance by a couple of percent to NZD 360 to 375 million, which at the midpoint represents growth of 2% on last year. We marginally upgrade our fiscal 2019 earnings forecasts and remain comfortable ...
- Adrian Atkins
Soft 1H for Genesis but 2H Is More Promising
Narrow-moat Genesis Energy reported a soft first half, with EBITDA down 1.5% to NZD 196 million as an improved retail performance was offset by planned outages at a power station and the Kupe oil and gas field. Without these outages repeating, second-half earnings should improve. Management upgraded guidance by a couple of percent to NZD 360 to 375 million, which at the midpoint represents growth of 2% on last year. We marginally upgrade our fiscal 2019 earnings forecasts and remain comfortable ...
- Adrian Atkins
Good Medium-Term Growth, but Kupe Depletion Is a Longer-Term Headwind ...
Genesis' high-quality renewable generation assets, which underpin the firm's narrow economic moat, have enjoyed strong North Island rainfall in recent times. We expect EBITDA in 2019 of NZD 361 million--in line with management's guidance for NZD 350 million to NZD 370 million. But we expect normalising hydrology conditions to weigh on longer-term earnings. We also have concerns about the firm’s exposure to oil and gas prices, as well has higher financial leverage than peers. Our fair value est...
- Adrian Atkins
Good Medium-Term Growth, but Kupe Depletion Is a Longer-Term Headwind ...
Genesis' high-quality renewable generation assets, which underpin the firm's narrow economic moat, have enjoyed strong North Island rainfall in recent times. We expect EBITDA in 2019 of NZD 361 million--in line with management's guidance for NZD 350 million to NZD 370 million. But we expect normalising hydrology conditions to weigh on longer-term earnings. We also have concerns about the firm’s exposure to oil and gas prices, as well has higher financial leverage than peers. Our fair value est...
- Adrian Atkins
Morningstar | Genesis Remains Overvalued
Genesis' high-quality renewable generation assets, which underpin the firm's narrow economic moat, have enjoyed strong North Island rainfall in recent times. We expect EBITDA in 2019 of NZD 361 million--in line with management's guidance for NZD 350 million to NZD 370 million. But we expect normalising hydrology conditions to weigh on longer-term earnings. We also have concerns about the firm’s exposure to oil and gas prices, as well has higher financial leverage than peers. Our fair value est...
- Adrian Atkins
Morningstar | Genesis Should Continue to Benefit from its Low-Cost Hyd...
Genesis Energy is a vertically integrated electricity generator and retailer accounting for more than 15% of New Zealand's total electricity output and a fourth of the retail market. It enjoys a strong competitive position, and we rate the firm as having a narrow economic moat based on its position in the oligopolistic New Zealand electricity market. The regulatory environment has been favourable, and the market is dominated by four major electricity companies, providing an attractive landscape ...
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