Meridian Energy Limited (MDDNF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Meridian Energy Limited reported a slight decline in national hydro storage and electricity demand in November 2024, despite higher-than-average inflows in key catchments. The company’s retail sales volumes saw a modest year-over-year increase, with significant growth in the agricultural and large business sectors. This reflects Meridian’s resilience amid varied weather conditions and changing demand dynamics.
For further insights into MDDNF stock, check out TipRanks’ Stock Analysis page.