Genesis Energy Limited: Business Overview, Financials & Competitive Analysis
Genesis Energy Limited scores 7/10 on the AskCyborg Cyborg Score (Solid). Market leader with strong retail presence navigating energy transition while managing thermal asset legacy and commodity exposure. Recent results show revenue growth with improved retail netbacks and a net profit after tax of $169 million, up from $131 million in FY24. However, the company faced a $64 million writedown.
What is Genesis Energy Limited's industry? Genesis Energy Limited (genesisenergy.co.nz) operates in Electricity Generation, Transmission & Retail / Utilities. AskCyborg classifies Genesis Energy Limited under Electricity Generation, Transmission & Retail / Utilities in its company registry.
Genesis Energy Limited is a New Zealand publicly listed electricity generation and electricity, natural gas and LPG retailing company. The company accounts for more than 15% of the country's total generation and suppl...
Cyborg Score thesis
Market leader with strong retail presence navigating energy transition while managing thermal asset legacy and commodity...
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Get Current Report FreeGenesis Energy Limited Overview
Pro stress-test →Genesis Energy Limited is a New Zealand publicly listed electricity generation and electricity, natural gas and LPG retailing company. The company accounts for more than 15% of the country's total generation and supplies electricity, natural gas and LPG to more than 658,100 customers across the country.
Strategic Profile
Pro stress-test →The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production, and holds a 46% interest in the Kupe oil and gas field. Digital transformation, renewables expansion, and decarbonization strategies are expected to boost margins and position Genesis to reduce regulatory risk and capture upside from electrification trends.
Competitive Landscape
Pro stress-test →Main competitor is Contact Energy, a corporate-backed company based in Wellington, New Zealand. Genesis maintains the highest retail market share (25%+) and ranks second in generation capacity, positioning it as a critical player in New Zealand's energy market. Competition intensifies around renewable transition and retail customer acquisition.
Industry Context
Genesis Energy Limited operates in Electricity Generation, Transmission & Retail / Utilities.
Key facts
Founded: 1999 · Headquarters: Auckland, New Zealand · Employees: N/A · Revenue: $2.19B · Market cap: $1.58B