Channel Infrastructure NZ Ltd. is a fuel infrastructure company, which engages in the distribution of petroleum products. The firm utilizes its strategic infrastructure located at Marsden Point to import refined fuels, owned by its customers, and distribute this to New Zealand. The Company’s fuel is stored at the Marsden Point site in existing tanks in the fuel terminal in New Zealand. The fuel from Marsden Point is then distributed primarily to the Auckland and Northland markets through approximately 170 kilometers Marsden Point to Auckland Pipeline and the truck loading facility located adjacent to the Marsden Point site. The firm operates through two segments: Infrastructure, and Oil Refining. The infrastructure segment comprises the dedicated fuel import terminal system including jetty infrastructure at Marsden Point, storage tanks, and the Marsden Point to Auckland pipeline. The oil refining segment represents results from refining and pipeline operations and Wiri land.
Follow-Up Questions
What is the price performance of NZRFF stock?
The current price of NZRFF is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Channel Infrastructure NZ Ltd?
Channel Infrastructure NZ Ltd belongs to Energy industry and the sector is Energy
What is Channel Infrastructure NZ Ltd market cap?
Channel Infrastructure NZ Ltd's current market cap is $0
Is Channel Infrastructure NZ Ltd a buy, sell, or hold?
According to wall street analysts, 5 analysts have made analyst ratings for Channel Infrastructure NZ Ltd, including 1 strong buy, 5 buy, 2 hold, 0 sell, and 1 strong sell
