Contact Energy Ltd
CEN: XNZE (NZL)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
NZD 2.90 | Drqhhd | Pdwkmgpgc |
Contact Energy Company Report
Business Strategy and Outlook
Contact Energy is New Zealand's leading producer and supplier of electricity. It operates in a favourable environment dominated by four electricity producers, leading to disciplined competition and historically good pricing power. We do not think the industry dynamics will change for the foreseeable future and, as a result, believe that the four major players will continue to generate favourable returns in the long run.