sign uplog in
Want to go ad-free? Find out how, here.

ZEL - Z Energy profile

This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.

Z Energy


NZX code: ZEL
Short name: Z Energy
Legal name: Z Energy Limited
Industry sector: Fuel
NZX50 rank: 24 of 50
Head office address: Level 6, 167 Victoria Street West, Auckland, 1010
Chairman: Abby Foote
Chief executive: Mike Bennetts
Financial year ended: March
Locations: New Zealand
Auditor: KPMG
Bankers: ANZ, BNZ, HSBC, MUFG Bank, Westpac

[back to full list]

Financial statement history

A. Recent trading and performance summary:

NPAT Earnings
per share
fye March bln mln cents
2017 $3.87 $243 61
2018 $4.57 $263 66
2019 $5.45 $186 47
2020 $4.99 -$88 -18
2021 $3.52 $57 11

[back to full list]

B. Recent financial position summary:

fye March bln bln %
2017 $2.47 $1.77 28.3
2018 $2.81 $1.95 30.6
2019 $2.85 $1.93 32.3
2020 $3.05 $2.44 20.0
2021 $2.95 $1.94 34.2

[back to full list]

C. Recent cash flows and positions:

Cash and equiv. 
at year end
fye March mln mln mln
2017 $745 $812 $9
2018 $395 $332 $72
2019 $269 $230 $111
2020 $159 $251 $19
2021 $212 $69 $162

[back to full list]

Description of trading activities 

Z Energy is a New Zealand fuel distributor. It is partially made up of Shell NZ and Chevron NZ. It is listed on both the NZX and ASX. Infratil and New Zealand Superannuation Fund each own 20% of Z Energy.

[back to full list]

CEO profile

Mike Bennetts has 30 years' experience in the global energy industry. In 1983 he joined BP in NZ. Throughout 1992 and 2008 he served in various senior roles in South Africa, China, Singapore and the UK. He is currently a director of Loyalty NZ Ltd and the Chair of Punakaiki Fund Ltd.

Chairman profile

Abby Foote has qualifications in Law and Accounting. She has focused on corporate finance, treasury and commercial transactions. She serves on the boards of TVNZ, Sanford Ltd, Freightways Ltd and Museum of NZ Te Papa Tongarewa.


Company website:
Investor information:
NZX listing:
Annual reports:

[back to full list]