Mercury NZ Limited (MGHTF) Research

Mercury NZ Limited, operating throughout New Zealand with its various subsidiaries, primarily focuses on the generation, wholesale, and retail distribution of electricity, complemented by a selection of related services. The company's operations are structured into distinct segments: Generation/Wholesale, Retail, and Other. Its extensive portfolio of renewable energy assets includes nine hydroelectric power stations along the Waikato River, five wind farms, and five geothermal power plants, all situated in the central North Island. Mercury supplies electricity to a diverse customer base, encompassing households, commercial enterprises, industrial clients, and the spot market, utilizing brands like GLOBUG, Trustpower, and Mercury. Beyond electricity, its offerings also extend to piped natural gas, telecommunication services, and various other products. Established in 1998 and headquartered in Auckland, New Zealand, the company officially rebranded as Mercury NZ Limited in July 2016, having previously operated under the name Mighty River Power Limited.

Market snapshot

Symbol
MGHTF
Price
$4.37
Day change
0.00%
Market cap
$9.9B
P/E ratio
112.16x
52-week range
2.025-4.37
Sector
Utilities
Industry
Renewable Utilities
Next earnings
in 2 months

Peer companies

  • Brookfield Renewable Partners L.P. (BRENF)
  • Canadian Utilities Limited (CDUUF)
  • Capstone Infrastructure Corporation (CPOIF)
  • CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A. (CTPTY)
  • Energy Harbor Corp. (ENGH)
  • Hera S.p.A. (HRASF)
  • Infratil Limited (IFUUF)
  • Neoen S.A. (NOSPF)

Open Mercury NZ Limited (MGHTF) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.