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Neste Oyj (NESTE.HE)

NESTE.HE on Helsinki Stock Exchange

51.90EUR
14 Dec 2017
Change (% chg)

€0.60 (+1.17%)
Prev Close
€51.30
Open
€51.30
Day's High
€52.15
Day's Low
€51.00
Volume
553,106
Avg. Vol
577,082
52-wk High
€52.65
52-wk Low
€30.08

Latest Key Developments (Source: Significant Developments)

Neste Says New Renewables Production Line Located In Singapore, If Project Proceeds
Tuesday, 12 Dec 2017 07:13am EST 

Dec 12 (Reuters) - Neste Oyj ::NESTE CORPORATION - NESTE'S GROWTH PROGRAM FOR RENEWABLE PRODUCTS TAKES A STEP FORWARD.B‍OARD OF DIRECTORS HAS DECIDED THAT NESTE'S ADDITIONAL PRODUCTION CAPACITY FOR RENEWABLE DIESEL, RENEWABLE AVIATION FUEL AND RAW MATERIALS FOR VARIOUS BIOCHEMICAL USES WILL BE LOCATED IN SINGAPORE​.SAYS ‍DECISION INITIATES TECHNICAL DESIGN OF NEW PRODUCTION LINE, WITH AIM OF A FINAL INVESTMENT DECISION BY END OF 2018​.SAYS ‍IF PROJECT PROCEEDS AS PLANNED, PRODUCTION AT NEW PRODUCTION LINE WILL BEGIN BY 2022​.  Full Article

Valmet Supplies System For Neste Plant In The Netherlands
Tuesday, 12 Dec 2017 04:27am EST 

Dec 12 (Reuters) - Valmet Oyj ::- VALMET SUPPLIES AN INFORMATION MANAGEMENT SYSTEM FOR NESTE'S SLUISKIL PLANT IN THE NETHERLANDS.‍ORDER WAS INCLUDED IN VALMET'S Q3 2017 ORDERS RECEIVED.​.SYSTEM WAS DELIVERED IN NOVEMBER 2017..  Full Article

Finland's Neste Q3 EBIT beats analysts' expectations
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - NESTE OYJ :Q3 COMPARABLE EBIT ‍350​ MILLION EUROS VERSUS 260 MILLION EUROS IN REUTERS POLL.SAYS ‍EXPECTS OIL PRODUCTS' REFERENCE REFINING MARGIN TO DECREASE FROM PEAK LEVELS SEEN DURING Q3, REFLECTING END OF DRIVING SEASON​.SAYS ‍RENEWABLE PRODUCTS' ADDITIONAL MARGIN IS EXPECTED TO STAY AT A GOOD LEVEL DURING Q4​.SAYS ‍OIL PRODUCTS' ANNUAL AVERAGE REFERENCE MARGIN FOR 2017 IS EXPECTED TO BE ABOVE PREVIOUS YEAR'S LEVEL​.SAYS ‍PORVOO REFINERY IS EXPECTED TO RUN AT A HIGH UTILIZATION RATE, EXCEPT FOR A SCHEDULED FOUR-WEEK DECOKING MAINTENANCE AT PRODUCTION LINE 4 DURING Q4​.  Full Article

Neste shares jump after Q3 report
Thursday, 26 Oct 2017 01:55am EDT 

Oct 26 (Reuters) - Neste :Shares up 4.7 percent after Q3 profit beats analyst's expectations nFWN1N107Q.  Full Article

Neste acquires full ownership of Neste Jacobs engineering company
Friday, 29 Sep 2017 06:07am EDT 

Sept 29 (Reuters) - Neste Oyj :Neste says acquires Jacob Engineering's 40 percent stake in Neste Jacobs Oy.Says after this transaction Neste holds all shares in Neste Jacob.  Full Article

Neste says will distribute at least 50 pct of comparable net profit for year in form of dividends
Tuesday, 19 Sep 2017 12:00am EDT 

Sept 19 (Reuters) - Neste Oyj :Dividend policy has been revised.Company will distribute at least 50% of company's comparable net profit for year in form of dividends.During second half of 2017 renewable products' additional margin is expected to be higher than in first half of year.Sales volumes of 100% renewable diesel delivered to end-users expected to grow, co targets to reach 25% of total sales volumes in 2017.  Full Article

Neste shares fall after Q2 report
Thursday, 3 Aug 2017 02:15am EDT 

Aug 3 (Reuters) - Neste :Shares fall 5.4 percent by 0703 GMT as second-quarter profit misses market expectations.  Full Article

Refiner Neste posts Q2 profit below market expectations
Thursday, 3 Aug 2017 02:00am EDT 

Aug 3 (Reuters) - Neste Oyj :Q2 comparable EBIT 236 million euros ($279 million), down from 282 million a year earlier and below analysts' average expectation of 244 million in a Reuters poll nL5N1KM43B.Says Oil Products' result fell due to lower additional margin and higher fixed costs.Says Renewable Products' reference margin was stronger and sales volumes record-high, but additional margin dropped due to expiry of the U.S. Blender's Tax Credit.Says expects Oil Products' reference refining margin in 2017 to be on average similar to that in 2016; renewable products' reference margin is expected to be higher than last year.major two-month turnaround at Naantali unit is scheduled to start in August.Says continues to evaluate feasibility of options to invest in new renewables production capacity, options under review include locations in U.S. and Singapore.  Full Article

Neste issues Euro 400 million bond
Wednesday, 31 May 2017 12:30pm EDT 

May 31 (Reuters) - Neste Oyj ::Neste issues eur 400 million bond.Neste oyj says 7-year bond carries a coupon of 1.500 per cent.  Full Article

Neste announces indicative tender offer results for outstanding notes
Wednesday, 31 May 2017 02:30am EDT 

May 31 (Reuters) - Neste Oyj :Says at expiration deadline valid tender instructions of 252.8 million euros ($282.35 million) in aggregate nominal amount of 2019 notes and 178.7 million euros in aggregate nominal amount of 2022 notes were received pursuant to tender offers.Says announces its indicative and non-binding intention to accept for purchase 252.8 million euros in aggregate nominal amount of 2019 notes and 178.7 million euros in aggregate nominal amount of 2022 notes pursuant to tender offers.Says final tender offer results and completion date will be announced as soon as feasible after the pricing time on or about May 31, 2017.  Full Article