Eni S.p.A. (E)
Market Cap | 42.63B |
Revenue (ttm) | 94.38B |
Net Income (ttm) | 2.58B |
Shares Out | 3.06B |
EPS (ttm) | 0.81 |
PE Ratio | 16.53 |
Forward PE | 7.88 |
Dividend | $2.12 (7.63%) |
Ex-Dividend Date | May 20, 2025 |
Volume | 422,853 |
Open | 27.75 |
Previous Close | 27.48 |
Day's Range | 27.74 - 28.03 |
52-Week Range | 24.65 - 33.30 |
Beta | 0.92 |
Analysts | Buy |
Price Target | 31.60 (+13.92%) |
Earnings Date | Apr 24, 2025 |
About E
Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio and Power; Refining and Chemicals; Enilive; Plenitude; and Corporate and Other Activities segments... [Read more]
Financial Performance
In 2024, Eni S.p.A.'s revenue was 91.17 billion, a decrease of -3.82% compared to the previous year's 94.79 billion. Earnings were 2.49 billion, a decrease of -46.55%.
Financial numbers in EUR Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for E stock is "Buy." The 12-month stock price forecast is $31.6, which is an increase of 13.92% from the latest price.
News

Italy's Eni signs MoU with Argentina's YPF on LNG project
Italian energy group Eni said on Monday it signed a memorandum of understanding (MoU) with Argentine state-run oil producer YPF on its possible participation in an liquefied natural gas (LNG) project ...

Eni: Demand Side Dampens Oil Outlook
Eni S.p.A. is undervalued with an EV/EBIT of 2.3x for E&P and traditional oil businesses, significantly below peers, indicating a potential relative value play. Investments in Enilive and Plenitude ar...

Mozambique government approves Eni's Coral Norte FLNG plan
Mozambique on Tuesday approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.

Italy's Eni to invest $26 billion in North Africa over next four years, CEO says
Italian energy group Eni will invest around 24 billion euros ($26.24 billion) in Algeria, Libya and Egypt over the next four years to help boost energy production, CEO Claudio Descalzi said on Tuesday...

Eni looking at potential new sales of upstream assets after Vitol deal
Italy's Eni is considering potential sales of its upstream assets following a recent deal with global energy trader Vitol, Chief Operating Officer for upstream activities Guido Brusco said on Monday.

Oil majors suffering from OPEC+ output hike, not from U.S. tariffs, Eni exec says
Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, while tariffs imposed by U.S. administration had a muted effect on the sector, Eni's top executi...

Eni confirms US will no longer allow oil payments from Venezuela's PDVSA
Italy's Eni confirmed on Sunday it was notified by U.S. authorities it would no longer be allowed to be repaid for gas production in Venezuela through oil supplies given by Venezuelan state oil compan...

Eni Remains Heavily Undervalued
Eni, an Italian multinational oil company, generates strong cash flow from its global asset portfolio. Despite its robust financial performance, Eni remains an undervalued investment based on its late...

Eni's chemicals unit opens new recycled plastic production plan
Versalis, the chemical division of Italian energy group Eni , on Monday opened a plant in Porto Marghera for the production of plastics made from mechanically recycled raw materials.

Eni says cost cutting drive did not lead to Florence fuel depot blast
Italian energy group Eni on Friday rejected a claim by prosecutors looking into an explosion at an Eni fuel depot near Florence, which killed five people, that it had been trying to save money by allo...

Eni agrees to sell Vitol stakes in Ivory Coast, Congo upstream assets
Italian energy group Eni has agreed to sell stakes in assets in Ivory Coast and the Republic of Congo to global energy trader Vitol for an aggregate value of $1.65 billion at January 1 2024, with cash...

Italy's antitrust opens probe into Eni's Plenitude for alleged unfair commercial practices
Italy's antitrust regulator said on Friday it had opened a probe into Eni's Plenitude unit for alleged unfair commercial practices.

Eni: Same Strategy, Higher Payout, And Buy Confirmed
Following the release of Eni Capital Market Day, we expect a positive reaction, thanks to the company lifting its CFFO payout ratio by 5pp and a plus +5% DPS. Given the fast progress made on the satel...

Five suitors vying for Eni's carbon capture business, sources say
Five suitors have submitted non-binding bids for a minority stake in the carbon capture and storage (CCS) business of Italian energy group Eni , two source said.

Eni's net profit drops in Q4, assets disposals help cut leverage
Italian energy group Eni said on Thursday its fourth-quarter adjusted net profit fell 46% with respect to the previous year, hit by lower energy prices and continued weakness at its refining and chemi...

Eni, Petronas to combine upstream assets in Indonesia, Malaysia
Eni and Malaysia's state energy firm Petroliam Nasional Bhd (Petronas) signed a memorandum of understanding to create a joint venture to oversee some upstream assets in Indonesia and Malaysia, the Ita...

KKR to buy additional 5% stake in Eni biofuel business
U.S. fund KKR has signed an agreement with Italy's Eni to buy an additional 5% stake in Eni's biofuel business Enilive for 587.5 million euros ($614.17 million), bringing its total stake to 30%, the e...

TotalEnergies and ENI Sign an Agreement With Cyprus and Egypt for the Export of Cyprus Block 6 Gas Through Egypt
PARIS & CAIRO--(BUSINESS WIRE)--In the presence of President of Egypt Abdel Fattah El-Sisi and President of Cyprus Níkos Christodoulídis, TotalEnergies and ENI, partners in Cyprus offshore Block 6 (To...

Eni signs deal to bring Cypriot offshore gas to Europe, via Egypt
Italian energy group Eni signed an agreement on Monday to export Cyprus' offshore gas via Egypt, hailing it as a "milestone" towards the creation of a gas hub in the eastern Mediterranean.

AM Best Assigns Credit Ratings to Eni Insurance S.p.A.
AMSTERDAM--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Eni Insurance S.p.A. (EIS) (Italy)...

Egypt and Eni say drilling ship to begin work at Zohr gas field
A drilling ship will arrive in Egypt this month as operator Eni starts work on increasing production from the giant Zohr offshore gas field, Egypt's petroleum ministry said.

Eni begins second phase of oil and gas production at Ivory Coast Baleine field
Italy's Eni on Saturday started a second phase of oil and gas production at Ivory Coast's offshore Baleine field, the energy group said on Saturday.

Eni: This Ignored Major Trades At A Discount
Eni S.p.A., a smaller European oil major, boasts a $40 billion market cap, strong profits, and a unique energy asset portfolio, justifying its current valuation. The company has achieved a 4% YoY prod...

Death toll in explosion at Eni's Florence fuel depot rises to four
The death toll in a explosion at a fuel depot facility near Florence, owned by Italian energy firm Eni , rose to four after two bodies were recovered under the rubble, Italian media reported on Tuesda...

The Gold Standard Oil And Gas Companies
ESG as a theme is probably a fad, yet some aspects of it are useful as risk assessment tools. A big risk for oil and gas stocks is methane emissions, and until now, it has not been easy to assess this...