Channel Infrastructure Nz Ltd traded at 1.51 this Tuesday April 9th, decreasing 0.02 or 1.31 percent since the previous trading session. Looking back, over the last four weeks, Channel Infrastructure Nz lost 3.78 percent. Over the last 12 months, its price fell by 0.66 percent. Looking ahead, we forecast Channel Infrastructure Nz Ltd to be priced at 1.48 by the end of this quarter and at 1.40 in one year, according to Trading Economics global macro models projections and analysts expectations.
The New Zealand Refining Company Limited is a supplier of refined petroleum products. The Company operates an oil refinery at Marsden Point near Whangarei as a toll refiner. The Company also owns and operates a pipeline, running from the refinery at Marsden Point to Wiri, located in South Auckland, transporting refined fuels for consumption within the Auckland market. Its segments are Oil Refining, Distribution and Other. The Oil Refining segment includes the oil refinery located at Marsden Point, which processes a range of crude oil types imported from around the world. Its distribution segment includes infrastructure to support the distribution of manufactured products to its customers. The Other segment includes subsidiary Company operations and properties. The Company, through its subsidiary, Independent Petroleum Laboratory Limited, provides specialized fuels, biofuels, and industrial and environmental laboratory testing services.