Eni S.p.A. (E)
| Market Cap | 45.32B |
| Revenue (ttm) | 102.82B |
| Net Income (ttm) | 2.74B |
| Shares Out | 3.16B |
| EPS (ttm) | 0.85 |
| PE Ratio | 16.53 |
| Forward PE | 7.75 |
| Dividend | $2.17 (7.51%) |
| Ex-Dividend Date | Nov 19, 2024 |
| Volume | 275,532 |
| Open | 28.93 |
| Previous Close | 29.07 |
| Day's Range | 28.79 - 29.06 |
| 52-Week Range | 28.74 - 34.30 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 39.60 (+36.88%) |
| Earnings Date | Oct 25, 2024 |
About E
Eni S.p.A. operates as an integrated energy company worldwide. 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 (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and... [Read more]
Financial Performance
In 2023, Eni S.p.A.'s revenue was 94.79 billion, a decrease of -29.07% compared to the previous year's 133.64 billion. Earnings were 4.66 billion, a decrease of -66.16%.
Financial numbers in EUR Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for E stock is "Buy." The 12-month stock price forecast is $39.6, which is an increase of 36.88% from the latest price.
News
Italy's Eni wins appeal against $5.3 million antitrust fine
Plenitude, the retail unit of Italian energy group Eni , on Monday won an appeal against a 5-million-euro ($5.3 million)fine it received last year from Italy's antitrust agency (AGCM) over billing pra...
Looking At Oil, Gas, Eni S.p.A
Eni S.p.A. is a compelling buy due to its strategic focus on decarbonization, renewable energy, and innovative asset separation, despite market volatility. The company's plan includes significant inve...
Swiss asset manager EIP increases stake in Eni's Plenitude to 10%
Swiss asset manager Energy Infrastructure Partners (EIP) will up its stake in Eni's Plenitude unit to 10%, in a deal that values the group's retail and renewable business at more than 10 billion euros...
High Yield Oil And Gas Ranked By Relative Quality
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...
OPEC actions increasing volatility and hampering new investment in oil and gas, Eni CEO says
OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
Eni pockets $1 billion from Alaska upstream assets sale
Italian energy group Eni said on Monday it pocketed $1 billion from a planned sale of the Nikaitchuq and Oooguruk upstream offshore assets in Alaska to U.S. private company Hilcorp.
Egypt President, Eni CEO discuss moves to support gas production
Egypt's president met with Eni CEO on Monday to discuss moves aimed at supporting gas production, the Italian energy group said after the African country was forced to turn to the liquefied natural ga...
Italy's Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday.
Eni S.p.A. (E) Q3 2024 Earnings Call Transcript
Eni S.p.A. (NYSE:E) Q3 2024 Earnings Conference Call October 25, 2024 8:00 AM ET Company Participants Francesco Gattei - Chief Transition & Financial Officer Adriano Alfani - Chief Executive Officer,...
Italy's Eni sees 2.5-billion-euro net proceeds from disposals in 2025
Italian energy group Eni expects 2.5 billion euros ($2.7 billion) in net proceeds from additional disposals that will be completed next year, Chief Transition & Financial Officer Francesco Gattei said...
Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major's third-quarter profits, but said it planned to increase its share buy backs.
Italy's Eni ups buyback to 2 bln euros after better than expected Q3
Italian energy group Eni said on Friday it would increase its share buyback programme to 2 billion euros ($2.2 billion) after reporting better than expected third-quarter results.
Eni to invest 2 bln euro in five years to overhaul chemical unit
Italian energy group Eni said on Thursday it would invest 2 billion euros ($2.2 billion) in five years to decarbonise and relaunch its loss-making chemical unit Versalis.
Eni CEO says U.S. funds are showing confidence in group's strategy
U.S. investment funds are showing confidence in Eni's strategy of spinning off growth businesses in order to attract financial resources, the Italian energy group's CEO Claudio Descalzi said on Friday...
Italy's Eni in talks with Japan on supplying LNG, executive says
Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the...
Eni to hold 38.7% in Ithaca Energy following completion of UK asset sale
Italy's Eni said on Thursday it would have a stake of around 38.7% in Ithaca Energy after completing the sale of nearly all of its upstream assets in the UK to the London-listed company.
Eni: 2 Likely Spin-Offs Make It Uniquely Attractive
Eni is known as one of the oil majors. Few know that E has many fast-growing units, such as the biofuel division Enilive and the renewables business Plenitude. These businesses are attracting big inve...
Exclusive: Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say
Suitors have approached Eni over the potential sale of a second stake in its biofuel unit Enilive as the Italian group discusses the final details of a deal to sell a stake in the unit to KKR , two so...
Eni CEO sees Brent oil price around $80 per barrel in Q4
The chief executive of Italian energy group Eni expects Brent oil prices to recover to around $80 per barrel in the coming months.
Italy's Eni plans to start exploration in North Africa's Ghadames basin in 2025
Italy's Eni considers Libya a key country for upstream activities and plans to start exploration in the Ghadames basin next year, the energy group's head of North Africa and Levant said on Monday.
Exclusive: Eni in talks with funds on another Plenitude stake sale, sources say
Italian energy group Eni is in talks with several funds over the potential sale of a minority stake in its renewable and retail business Plenitude, two sources with knowledge of the matter said on Fri...
Eni approves new business structure to boost units, consider new IPOs
Italy's Eni has approved a new business structure to enhance the value of its satellite companies such as Plenitude and Enilive and consider new partners and future public listings, the energy group s...
Eni, Snam launch Italy's first carbon capture project
Eni and Snam have launched Italy's first carbon capture, transport and storage (CCS) project to help heavy polluting industries cut carbon dioxide (CO2) emissions, they said on Tuesday.
These 3 Energy Stock Dividends Are Dirt Cheap
AI is in and energy is out. As usual. Which is just dandy for contrarian dividend investors like us.
Eni: Incoming Precedent Transactions Strengthen Value Case
Eni S.p.A. has a solid E&P business with growth engines in Enilive and Plentitude, that have precedent values. Strong organic and inorganic action in E&P offset challenges in chemical and refining sec...