Reported about 13 hours ago
Neste Oyj, one of Europe’s most shorted oil stocks, is grappling with significant challenges as it prepares for an investor meeting this week. Suffering a record 62% drop in 2023 and continued pressures into 2025, the Finnish renewable diesel maker must reassure investors about its operational issues and future profitability under CEO Heikki Malinen. With the stock trading significantly below its historical averages and heavy short interest, analysts are cautiously optimistic about a potential recovery, contingent on improvements in renewable product margins and sales volumes.
Source: YAHOO