NTOIF - Neste: A Triple-Digit Potential From Finland Beyond 2024

2024-06-08 14:00:10 ET

Summary

• Neste, a Finnish oil major, is an attractive investment opportunity in the oil/gas market and biofuel segment in Europe.
• The company is the global leader in biofuels and has a strong history of value-driven growth and innovation.
• Neste's long-term plan is to be an ESG-friendly supplier of feedstock and fuels, and it has the potential for high returns on invested capital.

Dear subscribers,

In this article, I'll be discussing a potential opportunity in the oil/gas market and biofuel segment in Europe that I consider to be attractive as an investment. I have covered Neste ( NTOIY ) before, but the company has seen decline in its share price based on shortfall In earnings and cash flows due to, among other things, biofuels not really turning out in the short term as the company expected them to.

This has left this €15B market cap company out of Finland, yielding over 6.3% at this time, in a situation where it is trading at a single-digit P/E, despite some fundamental upsides and safeties that make other energy companies look rather pale by comparison.

I believe the time has come to double down and expand on Neste, and I will show you in this article why this is something I intend to do here....

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