Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Contact Energy Limited ( (COENF) ) has provided an update.
In September 2025, Contact Energy Limited reported a decrease in both mass market and wholesale electricity sales compared to the previous year. Despite this, the company managed to reduce its unit generation costs significantly. The report highlights ongoing renewable energy projects, including a battery energy storage system and solar and geothermal developments, which are expected to enhance the company’s renewable energy capacity in the coming years. Additionally, the company maintains a strong position in gas contracts and storage levels, indicating robust operational stability.
More about Contact Energy Limited
Contact Energy Limited operates in the energy sector, focusing on electricity and gas sales. The company is involved in both mass market and wholesale electricity sales, and it is also engaged in renewable energy projects, including solar and geothermal developments.
For a thorough assessment of COENF stock, go to TipRanks’ Stock Analysis page.