GNE – Genesis Energy | Aussie Stock Forums

Date: 20 JULY 2022
NZX: GNE / ASX: GNE
FY22 Q4 Performance Report
Genesis continued to engage with its customers and support them in making more sustainable choices.
It was pleasing to see increasing customer satisfaction and loyalty through the quarter, as well as
growing our customer numbers by 3,400. With the launch of our new Genesis brand campaign and the
continued success of Frank Energy we are expecting this momentum to continue.
Tracey Hickman, Chief Customer Officer
Retail
• Net customers churn of 12.2%. 2.1% decrease on pcp.1
• Gas netback of $16.9/GJ. 52% increase on pcp.
• Total customers of 471,000. 0.7% increase on Q3 FY22.
Wholesale
• Renewable generation of 755 GWh. 32% increase on pcp.
• Generation emissions a 49% decrease on pcp.
• Stored thermal energy of 19.3 PJ.
Kupe
• Gas production of 2.8 PJ. 12% increase on pcp.
• LPG production of 11.9 kt. 7.2% increase on pcp.
• Oil production of 70 kbbl. 5.4% decrease on pcp.
ENDS

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DYOR

i hold GNE

the short version

after the take-overs of SKI and AST , i am left with only NZ power companies