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Neste Oyj targeted by Marathon Petroleum in possible takeover - source

Wed, 31 Jul 2024 09:30:57 -0500

Marathon Petroleum (NYSE: MPC) has approached Neste Oyj about a potential takeover, according to a source. Following the approach, Neste Oyj is said to have activated various defensive advisors, suggesting it may not be fully open to a takeover.

Neste Oyj (OTC: NTOIF) is a Finland-based oil refiner and biofuel maker with a market cap of just over EUR 14 billion. Shares are down 41% year-to-date.

Marathon, based in Ohio, is an integrated, downstream energy company with a market cap of nearly U.S. $63 billion. Its shares are up 20% year-to-date.

Neste has struggled this year as biofuel prices fall. The

Neste Oyj targeted by Marathon Petroleum in possible takeover - source

Wed, 31 Jul 2024 09:30:57 -0500

Neste Oyj (OTC: NTOIF) is a Finland-based oil refiner and biofuel maker with a market cap of just over EUR 14 billion. Shares are down 41% year-to-date.

Marathon, based in Ohio, is an integrated, downstream energy company with a market cap of nearly U.S. $63 billion. Its shares are up 20% year-to-date.

Neste has struggled this year as biofuel prices fall. The

Neste Oyj targeted by Marathon Petroleum in possible takeover - source

Wed, 31 Jul 2024 09:30:57 -0500

Neste Oyj (OTC: NTOIF) is a Finland-based oil refiner and biofuel maker with a market cap of just over EUR 14 billion. Shares are down 41% year-to-date.

Marathon, based in Ohio, is an integrated, downstream energy company with a market cap of nearly U.S. $63 billion. Its shares are up 20% year-to-date.

Neste has struggled this year as biofuel prices fall. The

Neste Oyj targeted by Marathon Petroleum in possible takeover - source

Wed, 31 Jul 2024 09:30:57 -0500

Neste Oyj (OTC: NTOIF) is a Finland-based oil refiner and biofuel maker with a market cap of just over EUR 14 billion. Shares are down 41% year-to-date.

Marathon, based in Ohio, is an integrated, downstream energy company with a market cap of nearly U.S. $63 billion. Its shares are up 20% year-to-date.

Neste has struggled this year as biofuel prices fall. The

Neste Oyj targeted by Marathon Petroleum in possible takeover - source

Wed, 31 Jul 2024 09:30:57 -0500

Neste Oyj (OTC: NTOIF) is a Finland-based oil refiner and biofuel maker with a market cap of just over EUR 14 billion. Shares are down 41% year-to-date.

Marathon, based in Ohio, is an integrated, downstream energy company with a market cap of nearly U.S. $63 billion. Its shares are up 20% year-to-date.

Neste has struggled this year as biofuel prices fall. The

Neste Oyj targeted by Marathon Petroleum in possible takeover - source

Wed, 31 Jul 2024 09:30:57 -0500

Neste Oyj (OTC: NTOIF) is a Finland-based oil refiner and biofuel maker with a market cap of just over EUR 14 billion. Shares are down 41% year-to-date.

Marathon, based in Ohio, is an integrated, downstream energy company with a market cap of nearly U.S. $63 billion. Its shares are up 20% year-to-date.

Neste has struggled this year as biofuel prices fall. The

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“A reassessment of capacity quotas across the balance of 2H24 and targeted in 2025 should remove a key overhang for oil markets and ultimately strengthen (rather than dilute) collaboration into next year,” JPMorgan analysts said.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

JPMorgan says buy the dips in European oil and gas stocks

Thu, 16 May 2024 08:39:49 -0500

JPMorgan analysts are bullish on European energy equities, urging investors to buy the dips in anticipation of an oil supercycle tightening from mid-decade.

Analysts highlight premium free cash flow (FCF) in the sector, supported by well-placed “committed” cash breakevens at $50-55 per barrel.

With the 1 June OPEC meeting approaching, JPMorgan notes that the case for production increases remains unclear, as detailed in their GES report.

“In

Finland’s Neste shares dive as company reduces profit outlook

Wed, 15 May 2024 05:30:03 -0500

Shares of Finnish oil refiner Neste Oyj plummeted more than 13% on Wednesday after the company warned that its comparable sales margin for renewable products would be weaker this year than previously anticipated.

In a statement released late Tuesday, the biofuels producer and oil refiner adjusted its margin forecast to $480–$650 per ton, down from the earlier guidance of $600–$800 per ton.

The rest of the guidance for the Renewable Products unit and the Oil Products division remains unchanged.

"Renewable Products' sales price outlook is affected by a decrease in the diesel market price and a continued decrease in U.S. bioticket and

Finland’s Neste shares dive as company reduces profit outlook

Wed, 15 May 2024 05:30:03 -0500

In a statement released late Tuesday, the biofuels producer and oil refiner adjusted its margin forecast to $480–$650 per ton, down from the earlier guidance of $600–$800 per ton.

The rest of the guidance for the Renewable Products unit and the Oil Products division remains unchanged.

"Renewable Products' sales price outlook is affected by a decrease in the diesel market price and a continued decrease in U.S. bioticket and

Finland’s Neste shares dive as company reduces profit outlook

Wed, 15 May 2024 05:30:03 -0500

In a statement released late Tuesday, the biofuels producer and oil refiner adjusted its margin forecast to $480–$650 per ton, down from the earlier guidance of $600–$800 per ton.

The rest of the guidance for the Renewable Products unit and the Oil Products division remains unchanged.

"Renewable Products' sales price outlook is affected by a decrease in the diesel market price and a continued decrease in U.S. bioticket and

Finland’s Neste shares dive as company reduces profit outlook

Wed, 15 May 2024 05:30:03 -0500

In a statement released late Tuesday, the biofuels producer and oil refiner adjusted its margin forecast to $480–$650 per ton, down from the earlier guidance of $600–$800 per ton.

The rest of the guidance for the Renewable Products unit and the Oil Products division remains unchanged.

"Renewable Products' sales price outlook is affected by a decrease in the diesel market price and a continued decrease in U.S. bioticket and

Finland’s Neste shares dive as company reduces profit outlook

Wed, 15 May 2024 05:30:03 -0500

In a statement released late Tuesday, the biofuels producer and oil refiner adjusted its margin forecast to $480–$650 per ton, down from the earlier guidance of $600–$800 per ton.

The rest of the guidance for the Renewable Products unit and the Oil Products division remains unchanged.

"Renewable Products' sales price outlook is affected by a decrease in the diesel market price and a continued decrease in U.S. bioticket and

Finland’s Neste shares dive as company reduces profit outlook

Wed, 15 May 2024 05:30:03 -0500

In a statement released late Tuesday, the biofuels producer and oil refiner adjusted its margin forecast to $480–$650 per ton, down from the earlier guidance of $600–$800 per ton.

The rest of the guidance for the Renewable Products unit and the Oil Products division remains unchanged.

"Renewable Products' sales price outlook is affected by a decrease in the diesel market price and a continued decrease in U.S. bioticket and

For the first time, Sustainable Aviation Fuel has been delivered to New York using existing petroleum pipelines

Wed, 15 Jun 2022 08:21:00 -0500

si-local-file:///var/storage/newsbody/2022/0615/20216441.html

For the first time, Sustainable Aviation Fuel has been delivered to New York using existing petroleum pipelines

Wed, 15 Jun 2022 08:21:00 -0500

si-local-file:///var/storage/newsbody/2022/0615/20216441.html

For the first time, Sustainable Aviation Fuel has been delivered to New York using existing petroleum pipelines

Wed, 15 Jun 2022 08:21:00 -0500

si-local-file:///var/storage/newsbody/2022/0615/20216441.html

For the first time, Sustainable Aviation Fuel has been delivered to New York using existing petroleum pipelines

Wed, 15 Jun 2022 08:21:00 -0500

si-local-file:///var/storage/newsbody/2022/0615/20216441.html