GNE - Genesis Energy

[Basil]

It seems to me that GNE can consistently pay a significantly higher yield than the others so from a show me the money / dividend hounds point of view it's the best buy.

I'm happy to leave the ESG prognostications to others. We need base load support for all the new renewable wind and solar and GNE owns that and the Government are legislating that others in the industry have to pay GNE for that support. That puts GNE in a much stronger negotiating position for future HFO deals. I added a few more recently.

[Shareguy]

Hm...

https://www.rnz.co.nz/news/personal-finance/723771/the-power-company-losing-the-most-customers

[Basil]

I had a good chat with them about this at the recent investor day.  Genesis had two other price leading brands and they had cut some remarkably cheap mid teens per kw/hr fixed price deals.  As GNE has been reintegrating those brands under the Genesis brand many of those customers extremely attractive deals have expired and some of the customers have chosen to go elsewhere.