Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Neste Oyj    NESTE   FI0009013296

NESTE OYJ

(NESTE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Neste Oyj : Corporation - 's divestment of fuel retail business in Russia has been finalized

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/01/2019 | 07:29am EST

In July 2019, Neste Corporation announced that it had signed an agreement to sell its fuel retail business consisting of 75 fuel stations and a terminal in North-Western Russia to PJSC Tatneft, one of the leading integrated oil and gas companies in Russia.

The transaction received the approval of the Russian competition authorities on 4 October and was closed on 31 October.

Contact:

Tel: +358 50 458 5076

Email: media@neste.com

Tatneft in brief

PJSC Tatneft (TATN, Moscow Exchange; ATAD, LSE) is one of the largest vertically integrated oil companies in Russia with its core operations located in Tatarstan, Russian Federation. In 2018 Tatneft Group produced 29.5 million tonnes (210.4 MMbbl) of crude oil and 925.3 million cubic meters of gas. Tatneft operates the most modern and one of the most complex refineries in Russia TANECO. In 2018 Tatneft produced over 8.9 million tonnes of refined products with the light product yield of around 84%. In 2019 with the launch of the second initial processing unit CDU/VDU TANECO's daily processing of crude oil is expected to reach 203 000 barrels, and in the future, following the completion of additional deep conversion units, approximately 293 000 barrels of crude oil per day. Apart from crude oil and gas production and refining activities, Tatneft is also involved in petrochemicals', mainly tires, production and marketing, manufacturing of equipment for the production, treatment and refining of oil and gas, as well as engineering, procurement and construction services for oil, gas and petrochemical projects, and from 2016 Bank ZENIT is part of Tatneft Group.Tatneft's consolidated sales and other operating revenues on non-banking activities net of export duties and excise taxes in 2018 were 910,534 million Rubles (US$ 14,520 million).

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2018, Neste's revenue stood at EUR 14.9 billion. In 2019, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world.

(C) 2019 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NESTE OYJ
12/05NESTE OYJ : Corporation - is concerned about the massive social and human impact..
AQ
12/04NESTE OYJ : is concerned about the massive social and human impact of the strike..
AQ
12/03NESTE OYJ : Young artists paint with a massive crane - Neste and Mantsinen to ra..
AQ
11/27Postal-led strikes end in Finland, but more to follow
RE
11/25NESTE'S SURVEY SHOWS : 70% of business decision-makers in Finland say that socia..
AQ
11/22Airlines get ready for jet biofuel take-off in Norway
RE
11/19NESTE OYJ : partners with Salesforce to convert Dreamforce shuttle service to ru..
AQ
11/19NESTE OYJ : opens an office in Melbourne, Australia
AQ
11/12NESTE OYJ : and Ravago start collaboration to enable chemical recycling of over ..
AQ
11/05NESTE OYJ : new IMO2020-compliant low-sulphur marine fuel available in Germany
AQ
More news
Financials (EUR)
Sales 2019 15 325 M
EBIT 2019 1 586 M
Net income 2019 1 225 M
Finance 2019 133 M
Yield 2019 2,92%
P/E ratio 2019 17,8x
P/E ratio 2020 16,2x
EV / Sales2019 1,42x
EV / Sales2020 1,51x
Capitalization 21 848 M
Chart NESTE OYJ
Duration : Period :
Neste Oyj Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NESTE OYJ
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 34,89  €
Last Close Price 28,46  €
Spread / Highest target 40,5%
Spread / Average Target 22,6%
Spread / Lowest Target -8,64%
EPS Revisions
Managers
NameTitle
Peter Vanacker President & Chief Executive Officer
Matti Kähkönen Chairman
Jyrki Mikael Mäki-Kala Chief Financial Officer
Lars Peter Lindfors Senior Vice President-Innovation
Laura Marita Raitio Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
NESTE OYJ31.43%25 032
EXXON MOBIL CORPORATION1.94%294 104
RELIANCE INDUSTRIES38.68%129 281
BP PLC-4.61%124 728
CHINA PETROLEUM & CHEMICAL CORPORATION-21.11%81 003
PHILLIPS 6631.82%50 461