Neste Oil Corp. Stock
Pros and Cons of Neste Oil Corp. in the next few years
Pros
Cons
Performance of Neste Oil Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Neste Oil Corp. | -0.750% | -12.822% | -11.755% | -48.551% | -30.893% | -56.137% | -29.186% |
| PTT Public Co. -nvdr- | -0.600% | -1.190% | -1.190% | 4.403% | -13.990% | -15.736% | -39.416% |
| OMV AG | -0.640% | -0.868% | -0.046% | 1.496% | 9.453% | 4.050% | -10.714% |
| Repsol S.A. | -1.660% | -0.637% | -3.010% | 8.017% | 10.063% | 46.849% | 7.216% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financial statements of Neste, a prominent player in the Oil & Gas industry with the US symbol NTOIF, show a positive overall picture. The company has demonstrated growth in the recent years in terms of total assets and net income, which are encouraging signs for potential and existing investors. It is also essential to consider various factors that contribute to the attractiveness of an investment in Neste.
Increasing total assets: Over the last three years, Neste has continuously increased its total assets. Comparing 2020 to 2022, the total assets have grown from €9.81 billion to €14.92 billion. This growth indicates that the company is successfully expanding its resource base and investing in projects that contribute to long-term value.
Improvement in net income: Neste's net income has shown significant growth, increasing more than threefold from €712 million in 2020 to €2.27 billion in 2022. This upward trend in net income suggests the company's ability to generate profits from its operations.
