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It hasn't been the best quarter for Meridian Energy Limited (NZSE:MEL) shareholders, since the share price has fallen 11% in that time. But that doesn't change the fact that the returns over the last five years have been pleasing. It has returned a market beating 55% in that time.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
View our latest analysis for Meridian Energy
While markets are a powerful pricing ...
>>> Read more: Investing in Meridian Energy (NZSE:MEL) five years ago would have delivered you a 101% gain
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
View our latest analysis for Meridian Energy
While markets are a powerful pricing ...
>>> Read more: Investing in Meridian Energy (NZSE:MEL) five years ago would have delivered you a 101% gain