Streetbeat News

NTOIY

Neste OYJ

https://www.neste.com/

CEO

Peter Vanacker

Industry

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Open

6.65

Mkt cap

10B

Volume

6.3K

High

6.65

P/E Ratio

21.93

52-wk high

18.41

Low

6.57

Div yield

0.09

52-wk low

6.57

Lego plans to reduce oil content in its bricks by 2032, facing higher production costs due to the use of renewable and recycled materials. Competitors like Hasbro and Mattel are also exploring sustainable materials.

Portfolio Pulse from Vandana Singh

August 30, 2024 | 5:22 pm

WTI crude oil prices surged to $80 per barrel, marking the best day in over two months due to anticipated demand and supply constraints. The United States Oil Fund (USO) and Energy Select Sector SPDR Fund (XLE) saw significant gains. Goldman Sachs raised its long-term oil demand outlook and highlighted several Buy- and Sell-rated energy stocks.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 7:55 pm

TD Cowen analyst Jason Gabelman has maintained a Market Perform rating on Neste (OTC:NTOIY) and lowered the price target from $19 to $18.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 5:26 pm

Benzinga has released its top ratings upgrades and downgrades for June 23, 2023, including several companies such as Neste Corp, Wayfair Inc, Evotec SE, Ventas Inc, and Principal Financial Group Inc receiving upgrades, while others like Humana Inc, Sarepta Therapeutics Inc, Under Armour Inc, and Accenture PLC were downgraded. Additionally, new coverage was initiated for companies like Fusion Pharmaceuticals Inc, Gambling.com Group Ltd, Valvoline Inc, and Floor & Decor Holdings Inc.

Portfolio Pulse from Benzinga Insights

June 23, 2023 | 3:02 pm

TD Cowen analyst Jason Gabelman upgrades Neste (OTC:NTOIY) from Underperform to Market Perform and lowers the price target from $21 to $20.

Portfolio Pulse from richadhand@benzinga.com

June 23, 2023 | 2:05 pm

Ryanair reported FY23 revenue growth of 124% Y/Y to €10.78 billion and a net profit of €1.43 billion, compared to a net loss of €355 million a year ago. The company's fuel needs are 85% hedged for FY24 and 25% of H1 FY25. Ryanair recently signed deals with Repsol, OMV, Neste, and Shell for sustainable aviation fuel. However, Boeing's delivery delays may impact FY24 traffic expectations.

Portfolio Pulse from Lekha Gupta

May 22, 2023 | 10:40 am

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