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Genesis Energy Limited ( (DE:1G6) ) has issued an update.
Genesis Energy Limited has received a waiver from the NZX Listing Rule 5.2.1, which is a regulatory development for the company. This waiver may impact the company’s compliance obligations and could influence its operational flexibility and strategic decisions, potentially affecting stakeholders and market positioning.
More about Genesis Energy Limited
Genesis Energy is a diversified New Zealand energy company that sells electricity, reticulated natural gas, and LPG. It is one of New Zealand’s largest energy retailers, serving over 520,000 customers. The company generates electricity from a mix of thermal and renewable sources across the country and holds a 46% stake in the Kupe Joint Venture, which manages the Kupe Oil and Gas Field offshore of Taranaki. Genesis reported a revenue of NZ$3.7 billion for the year ending June 30, 2025.
Learn more about 1G6 stock on TipRanks’ Stock Analysis page.