Company Neste Oyj OTC Markets

Equities

NTOIF

FI0009013296

Oil & Gas Refining and Marketing

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Neste Oyj

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Oil & Gas Refining and Marketing

Market Closed - OTC Markets Other stock markets 14:50:18 20/06/2024 BST			5-day change	1st Jan Change
17.54 ^USD	-7.68%		-7.68%	-52.29%

06-23	Berenberg Trims Neste PT, Maintains Buy Rating	MT
06-19	Transcript : Neste Oyj - Special Call

Neste Oyj specializes in oil product refining and distribution. Net sales break down by activity as follows:

- production and sale of petroleum products (41.7%): fuels, fuel oils, heavy fuel oils, lubricants, solvents, liquefied petroleum gases and bitumen;

- production of renewable fuels (35.8%): owns 3 refineries located in Finland, Singapore and the Netherlands;

- distribution of oil products to end-users (22.3%): owns, at the end of 2023, a network of 948 service stations located in Finland (722), Estonia, Latvia and Lithuania (226);

- other (0.2%).

Net sales are distributed geographically as follows: Finland (28.4%), Nordic countries (14.3%), Baltic countries (7.5%), Europe (20.8%), Americas (28.1%) and other (0.9%).

Number of employees: 5,942

EUR in Million	2022	Weight	2023	Weight	Delta
Oil Products 41.7 %	10,223	39.8 %	9,566	41.7 %	-6.43%
Renewable Products 35.8 %	9,640	37.5 %	8,212	35.8 %	-14.81%
Marketing & Services 22.3 %	5,818	22.6 %	5,123	22.3 %	-11.95%
Others 0.1 %	26	0.1 %	26	0.1 %	0.00%

EUR in Million	2022	Weight	2023	Weight	Delta
Finland 28.4 %	8,459	32.9 %	6,515	28.4 %	-22.98%
North and South America 28.1 %	5,685	22.1 %	6,437	28.1 %	+13.23%
Other European Countries 20.8 %	5,131	20.0 %	4,775	20.8 %	-6.94%
Other Nordic Countries 14.3 %	4,348	16.9 %	3,278	14.3 %	-24.61%
Baltic Rim 7.5 %	1,850	7.2 %	1,715	7.5 %	-7.30%
Other Countries 0.9 %	234	0.9 %	205	0.9 %	-12.39%

Managers	Title	Age	Since
Matti Lehmus CEO	Chief Executive Officer	50	31/12/96
Martti Ala-Härkönen DFI	Director of Finance/CFO	59	07/05/22
Bart Leenders CTO	Chief Tech/Sci/R&D Officer	-	31/12/09
Anssi Tammilehto IRC	Investor Relations Contact	-	-
Carl Nyberg PRN	Corporate Officer/Principal	45	31/12/04
Panu Kopra SAM	Sales & Marketing	52	31/12/95
Christian Ståhlberg LAW	General Counsel	50	21/05/17
Markku Tapani Korvenranta PRN	Corporate Officer/Principal	58	30/11/21
Eeva Hannele Jakosuo-Jansson HRO	Human Resources Officer	58	31/12/89
Minna Aila PRN	Corporate Officer/Principal	58	31/03/20

Members of the board	Title	Age	Since
Matti Kähkönen CHM	Chairman	68	26/01/17
Eeva Sipilä BRD	Director/Board Member	51	29/03/22
Just Jan Christiaan Jansz BRD	Director/Board Member	67	29/03/22
John Charles Abbott BRD	Director/Board Member	64	29/03/21
Johanna Söderström BRD	Director/Board Member	53	17/05/20
Nicholas Reginald Elmslie BRD	Director/Board Member	-	17/05/20

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	769,211,058	483,651,599 ( 62.88 %)	997,525 ( 0.1297 %)	62.88 %

Name	Equities	%	Valuation
Government of Finland 44.22 %	340,107,618	44.22 %	7 113 M $
Keskinäinen Työeläkevakuutusyhtiö Varma 1.701 %	13,081,622	1.701 %	274 M $
Keskinäinen Eläkevakuutusyhtiö Ilmarinen 1.216 %	9,357,202	1.216 %	196 M $
The Social Insurance Institution of Finland (Invt Port) 0.7931 %	6,100,272	0.7931 %	128 M $
City of Kurikka 0.6049 %	4,652,625	0.6049 %	97 M $
Keskinäinen Työeläkevakuutusyhtiö Elo 0.5942 %	4,571,000	0.5942 %	96 M $
Valtion Eläkerahasto - The State Pension Fund 0.4680 %	3,600,000	0.4680 %	75 M $
Nordea Investment Management AB 0.3743 %	2,878,908	0.3743 %	60 M $
OP Asset Management Ltd. 0.3376 %	2,597,004	0.3376 %	54 M $
Nordea Investment Management AB (Finland) 0.2954 %	2,272,079	0.2954 %	48 M $

Name	Equities	%	Valuation
Neuberger Berman BD LLC 0.006500 %	100,000	0.006500 %	1 M $
RhumbLine Advisers LP 0.001593 %	24,514	0.001593 %	256 343 $
GAMMA Investing LLC 0.000033 %	513	0.000033 %	5 364 $

Name	Equities	%	Valuation
NESTE OYJ 0.13%	995,324	0.13%	20,816,286 $

Neste Corp.

Keilaranta 21

00095, Espoo

+358 10 45811

http://www.neste.com

Name	Category and Sector
B J B LLC B J B LLC Financial ConglomeratesFinance Part of Neste Corp., B J B LLC is a private investment group. The company is located in US.	Financial Conglomerates
Walco Foods UC
Neste Germany GmbH
Neste Oil Singapore Pte Ltd. Neste Oil Singapore Pte Ltd. Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Oil Singapore Pte Ltd. is a company that provides services related to oil in Singapore, SG. The Singaporean company's description mentions the ability to exercise rights under the EU's General Data Protection Regulation (GDPR) through a request form or customer service contact.	Oil Refining/Marketing
Neste (Suisse) SA Neste (Suisse) SA Wholesale DistributorsDistribution Services Part of Neste Corp., Neste (Suisse) SA is a Swiss company that wholesales petroleum products. The company is based in Vernier, Switzerland.	Wholesale Distributors
Neste Engineering Solutions Oy Neste Engineering Solutions Oy Oil & Gas ProductionEnergy Minerals Neste Engineering Solutions Oy provides technology, engineering, and project services for the oil and gas, petrochemicals, chemicals, biorefining, biochemicals, and biopharma industries. The company was founded on June 23, 1999 and is headquartered in Porvoo, Finland.	Oil & Gas Production
Neste Oil US, Inc. Neste Oil US, Inc. Investment Trusts/Mutual FundsMiscellaneous Neste Oil US, Inc. is based in Houston, TX. Part of Neste Corp., Neste Oil US, Inc. is a company that operates oil royalty traders.	Investment Trusts/Mutual Funds
Neste Oil Netherlands BV
Neste Components BV
Neste Markkinointi Oy Neste Markkinointi Oy Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Markkinointi Oy is a Finnish company that produces renewable jet fuel, diesel and renewable raw material for the polymer and chemical industry. The company is based in Espoo, Finland. Matti Lehmus has been the CEO of the company since 1998.	Oil Refining/Marketing
Neste (Shanghai) Trading Co. Ltd.
Neste Oil AB Neste Oil AB Wholesale DistributorsDistribution Services Part of Neste Corp., Neste Oil AB helps customers in the transport, urban development, aviation, polymer, and chemical industries to make their operations more sustainable. The company is based in Västernorrland County, Sweden. Neste Oil is involved in expanding its collaboration with Itochu to become the official distributor of Neste MY Renewable Diesel™. Additionally, Västflyg Trollhättan-Vänersborg airport will be the first in the world to offer only renewable aviation fuel, with Neste as the supplier. The Swedish company is contributing to Sweden's goal of reducing carbon dioxide emissions from the transport sector by 70%% by 2030 and achieving complete fossil fuel independence by 2045.	Wholesale Distributors
Chevron Base Oils Belgium NV Chevron Base Oils Belgium NV Oil Refining/MarketingEnergy Minerals Neste Oil NV refines oil and petroleum products. The company was founded in 1993 and is headquartered in Beringen, Belgium.	Oil Refining/Marketing
Neste Singapore Pte Ltd. Neste Singapore Pte Ltd. Marine ShippingTransportation Part of Neste Corp., Neste Singapore Pte Ltd. is a Finnish company that provides marine transportation of feedstocks and products. The company is based in Espoo, Finland. The CEO of the company is Arvo Ruotsalainen.	Marine Shipping
Internationale Handelmaatschappij DEMETER BV
NERM Solutions India Pvt Ltd.
Neste Oil Bahrain WLL Neste Oil Bahrain WLL Industrial SpecialtiesProcess Industries Part of Neste Corp., Neste Oil Bahrain WLL is a Bahraini company that manufactures and supplies engine oil products. The company is based in Manama, Bahrain.	Industrial Specialties
Neste Asia Pacific Pte Ltd.
Neste Latvija SIA Neste Latvija SIA Wholesale DistributorsDistribution Services Neste Latvija SIA produces and markets oil products. The firm engages in the distribution of fuel through stores and gasoline stations. The company is headquartered in Riga, Latvia.	Wholesale Distributors
Neste Canada, Inc. Neste Canada, Inc. Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Canada, Inc. produces fuel additives. The company is located in Canada.	Oil Refining/Marketing

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

16.86 EUR

Average target price

27.4 EUR

Spread / Average Target

+62.56%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Refining and Marketing

Other Oil & Gas Refining and Marketing

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