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An update from Contact Energy Limited ( (COENF) ) is now available.
In May 2025, Contact Energy Limited reported a decrease in mass market electricity and gas sales compared to the previous year, but achieved a higher netback per megawatt-hour. The company made significant progress on its Te Huka 3 and Battery Energy Storage System projects, though the latter fell short of its target. Additionally, the company reported a reduction in unit generation costs and maintained stable inflows into its Clutha catchment, while adjusting its contracted gas volumes for the upcoming year.
More about Contact Energy Limited
Contact Energy Limited operates in the energy sector, primarily focusing on electricity and gas sales. The company is involved in both mass market and wholesale electricity sales, and it also engages in energy generation and storage projects.
For a thorough assessment of COENF stock, go to TipRanks’ Stock Analysis page.