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.
|Short name:||Z Energy|
|Legal name:||Z Energy Limited|
|NZX50 rank:||24 of 50|
|Head office address:||Level 6, 167 Victoria Street West, Auckland, 1010|
|Chief executive:||Mike Bennetts|
|Financial year ended:||March|
|Bankers:||ANZ, BNZ, HSBC, MUFG Bank, Westpac|
Financial statement history
A. Recent trading and performance summary:
B. Recent financial position summary:
C. Recent cash flows and positions:
|Cash and equiv.
at year end
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.
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.
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.