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The latest update is out from Contact Energy Limited ( (COENF) ).
Contact Energy Limited reported its monthly operating performance for March 2025, highlighting a decrease in mass market electricity and gas sales compared to the previous year, while noting an increase in netback per MWh. The company’s wholesale electricity sales also saw a decline, but there was an increase in electricity generated or acquired. The progress of the Te Huka 3 and Battery Energy Storage System projects were slightly behind targets. Additionally, the Otahuhu futures settlement wholesale price for the third quarter of 2025 showed fluctuations, and controlled storage levels in both the South and North Islands were below the mean.
More about Contact Energy Limited
YTD Price Performance: -2.07%
Average Trading Volume: 2,123
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.13B
See more insights into COENF stock on TipRanks’ Stock Analysis page.