Genesis Energy Ltd
GNE: XNZE (NZL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|K$ | LOCK|zCL$$ | LOCK|XX$?Z&Y |
Genesis Energy: Another Upgrade on Stronger Hydro Generation and Cost Discipline
Genesis Energy upgraded fiscal 2026 EBITDA guidance by 5% at the midpoint to NZD 515 million to NZD 545 million mainly on above-average rainfall that boosted hydro generation, allowing it to reduce costly coal generation. Retail price uplifts and good cost control also featured in the third quarter.
