Nel ASA (OSL: NEL)

Norway flag Norway · Delayed Price · Currency is NOK
5.36
+0.06 (1.17%)
Aug 30, 2024, 4:25 PM CET
-52.90%
Market Cap 8.96B
Revenue (ttm) 1.67B
Net Income (ttm) -386.04M
Shares Out 1.67B
EPS (ttm) -0.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date Jun 10, 2024
Volume 3,257,592
Open 5.29
Previous Close 5.30
Day's Range 5.23 - 5.46
52-Week Range 4.23 - 11.60
Beta 1.42
Analysts n/a
Price Target n/a
Earnings Date Oct 16, 2024

About Nel ASA

Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, trucks, and other on-road vehicles. The Nel Hydrogen Electrolyser segment supplies hydrogen production equipment based on alkaline and proton exchange membrane water electrolysis tec... [Read more]

Sector Industrials
Founded 1927
Employees 669
Stock Exchange Oslo Børs
Ticker Symbol NEL
Full Company Profile

Financial Performance

In 2023, Nel ASA's revenue was 1.68 billion, an increase of 83.75% compared to the previous year's 914.85 million. Losses were -855.20 million, -26.98% less than in 2022.

Financial Statements

News

Green Hydrogen Market worth $30.6 billion by 2030, at a CAGR of 61.1% says MarketsandMarkets™

Chicago, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Global Green Hydrogen Market is projected to grow from USD 1.1 Billion in 2023 to USD 30.6 Billion by 2030, at a CAGR of 61.1% during the forecasted period, ...

18 days ago - Benzinga

Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

OSLO, Norway , Feb. 2, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) and Nikola have realigned their previous agreement, and at the same time Nel will become Fortescue's supplier for their 80 MW elect...

7 months ago - PRNewsWire

Nel ASA: Third quarter 2023 financial results

OSLO, Norway , Oct. 25, 2023 /PRNewswire/ -- Nel ASA (Nel), (OSE: NEL) reported quarterly revenues of NOK 405 million in the third quarter of 2023, up 121% from NOK 183 million in the same quarter of ...

11 months ago - PRNewsWire

Nel ASA: Second quarter 2023 financial results

OSLO, Norway, July 18, 2023 /PRNewswire/ -- Nel ASA (Nel), (OSE: NEL) reported record-high quarterly revenues of NOK 475 million in the second quarter of 2023, up 159% from NOK 183 million in the same...

1 year ago - PRNewsWire

Nel ASA: Receives a NOK 600 million purchase order from Woodside Energy

OSLO, Norway , Oct. 16, 2022 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has entered into a contract for alkaline electrolyser equipment from Australian compa...

2 years ago - PRNewsWire

Hydrogen Stocks: Unstable, But Potentially Explosive, Too

The future is clean energy, or so the International Energy Agency (IEA) hopes. The autonomous, Paris-based intergovernmental organization set a goal of a net-zero economy by 2050, meaning that all gre...

2 years ago - Kiplinger

Nel ASA: Invitation to presentation of Q2 2021 results

OSLO, Norway, Aug. 11, 2021 /PRNewswire/ -- Nel ASA will announce its second quarter 2021 report on Thursday 19 August at 07:00 CET and will host a presentation at 08:00 CET. The presentation will be ...

3 years ago - PRNewsWire

Nel ASA: Enters into MoU with Iberdrola to develop large scale green hydrogen project and the hydrogen technology value chain in Spain

OSLO, Norway, Nov. 18, 2020 /PRNewswire/ -- Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has today entered into a Memorandum of Understanding (MoU) with Iberdrola with the ambition...

4 years ago - PRNewsWire