Genesis Energy Limited (DE:1G6) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Genesis Energy Limited projects an EBITDAF of approximately $460m for FY25, influenced by factors such as hydrological and gas availability, and plant operations. The company anticipates increased generation costs due to a predicted decline in daily gas production at Kupe, leading to greater reliance on costlier solid fuels. Genesis is advancing its long-term strategy, focusing on renewable energy and battery storage development, while preparing for an $80m investment in a battery project at Huntly Power Station.
For further insights into DE:1G6 stock, check out TipRanks’ Stock Analysis page.
