Contact Energy Limited (COENF) has released an update.
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Contact Energy Limited’s November 2024 report highlights a mixed performance, with a decrease in mass market electricity and gas sales to 290GWh but an increase in wholesale electricity sales to 733GWh. The company saw an improvement in electricity and steam net revenue to $115.81/MWh and a reduction in generation costs, reflecting efficient operations. Additionally, future pricing and storage indicators show promising capacity, which could influence upcoming market dynamics.
For further insights into COENF stock, check out TipRanks’ Stock Analysis page.
