Contact Energy Ltd. engages in electricity generation business. Its segments include Wholesale and Retail. The Wholesale segment includes sale of electricity to the wholesale electricity market, to commercial & industrial (C&I) customers and to the Retail segment, less the cost to generate and/or purchase the electricity and costs to serve and distribute electricity to C&I customers. The Retail segment is engaged in delivering electricity, natural gas, broadband, mobile and other products and services to mass market customers less the cost of purchasing those products and services, and the cost to serve and distribute electricity to customers. The company owns and operates over 11 power stations and produces its electricity from its renewable hydro and geothermal stations. Its products include electricity, gas, broadband, mobile, and solar. The company sells products and services to individuals and businesses to meet their energy and broadband needs. The company has over 600,000 connections.
Follow-Up Questions
What is the price performance of COENF stock?
The current price of COENF is $5.41, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Contact Energy Ltd?
Contact Energy Ltd belongs to Utilities industry and the sector is Utilities
What is Contact Energy Ltd market cap?
Contact Energy Ltd's current market cap is $5.3B
Is Contact Energy Ltd a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Contact Energy Ltd, including 1 strong buy, 5 buy, 2 hold, 0 sell, and 1 strong sell