Top 5 Oil Companies To Own For 2016: Neste Oil Corp (NES1V)
Neste Oil Corp is a Finland-based company engaged in the refining and marketing of petroleum and petroleum products. The Company has two business areas and four reporting segments. The business areas are: Oil Products & Renewables and Oil Retail. The reporting segments are: Oil Products, Renewable Fuels, Oil Retail and Others. The Oil Products & Renewables area produces and sells petroleum products such as gasoline, diesel fuel, aviation and bunker fuel, heating oil, heavy fuel oil, base oil, gasoline components, specialty fuels, fuels, liquefied petroleum gas (LPG) and bitumen as well as renewable diesel and aviation fuel under the brand name NExBTL. The Oil Retail area operates a network of 1,136 stations in Finland, the Russian Federations, the Baltic states and Poland, selling own products as well as lubricants and chemicals. The Company owns fuel refineries and production plants in Finland, Singapore and the Netherlands. Advisors' Opinion:- [By Corinne Gretler]
Neste Oil Oyj (NES1V) declined 9.1 percent to 14.25 euros after Citigroups Inc. cut Finlands only oil refiner to sell from neutral, citing a deterioration in key profitability drivers for both renewables and refining divisions.
- [By Sarah Jones]
Neste Oil Oyj (NES1V) gained 4.8 percent to 12.04 euros. CA Cheuvreux SA upgraded Finlands only refiner to outperform, the equivalent of a buy recommendation, from underperform, saying it expects it to report resilient first-quarter results this month.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-oil-companies-to-own-for-2016.html
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