ENI.MI - Eni S.p.A.
| Previous close | 12.79 |
| Open | 12.89 |
| Bid | 13.14 x 0 |
| Ask | 13.15 x 0 |
| Day's range | 12.85 - 13.16 |
| 52-week range | 10.42 - 14.98 |
| Volume | |
| Avg. volume | 11,741,098 |
| Market cap | 43.905B |
| Beta (5Y monthly) | 1.17 |
| PE ratio (TTM) | 3.50 |
| EPS (TTM) | 3.75 |
| Earnings date | 28 Jul 2023 |
| Forward dividend & yield | 0.91 (7.12%) |
| Ex-dividend date | 18 Sept 2023 |
| 1y target est | 16.50 |
ZacksEni (E) Signs Agreement With RINA to Aid Decarbonization
Eni (E) and RINA sign an agreement to co-develop projects that will aid in the decarbonization of their respective operations, particularly maritime transportation.
ReutersEni bets on agri-business in Africa to expand biofuel production
Italy's Eni is investing in farming in several African and Asian countries as it aims to produce by itself around one fifth of the agricultural feedstock it will need for its biofuel business by 2025, two top executives at the energy group said. Energy companies are betting on increasing demand for fuels made from vegetable oil, waste cooking oil and grease, which they say will play a key role in decarbonising the truck, aviation and shipping sectors in coming years. To satisfy this expected demand, Eni is ramping up its bio-refining capacity and, at the same time, is expanding farming ventures to secure supplies and reduce the risk of excessive volatility in the commodity market.
ZacksEni (E) Signs MoU With Sonangol for Decarbonization Efforts
Eni (E) and Sonangol sign a Memorandum of Understanding to cooperate in their shared objective of deploying greener resources as part of their decarbonization strategy.
ZacksEni (E) Shares Dip 3.4% Despite Reporting Q1 Earnings Beat
An increase in refinery throughput volumes aid Eni's (E) earnings in Q1.
ReutersItaly's court annuls antitrust measure against Eni, Acea
An Italian administrative court said on Wednesday it had annulled measures taken by Italy's competition watchdog against Eni and Acea, which were charged over improper price-setting for gas and electricity. The TAR del Lazio court said it had dropped the antitrust case because there was no adequate legal basis for the action. Last December, Italy's antitrust body suspended the validity of contracts from Aug. 10, 2022, to April 30 this year that allowed seven companies under its investigation to change their prices, which it said contravened a government decree issued last August.
BloombergOil Majors Face Call for $12 Billion to Fix Nigeria Damage
(Bloomberg) -- Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria’s crude-rich Niger Delta, according to a new report.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesTurkey Set for Ru
BloombergVenezuela to Issue Eni, Repsol LNG Export License, Minister Says
(Bloomberg) -- Venezuela plans to issue a license next month to Italy’s Eni SpA and Spain’s Repsol SA to export natural gas, said Pedro Tellechea, the nation’s oil minister and head of state-run Petroleos de Venezuela SA.Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffRemote Work Comes With Daytime Drug and Drinking HabitsEarly Vote Count Shows Erdogan Below 50% in Turkish ElectionTrump Changed GOP Rules to Make Winning the Nomination Even Easier — for TrumpT
ReutersItaly's Eni says strong gas business to support 2023 results
Positive expectations for Eni's gas division are supporting the 2023 outlook, CFO Francesco Gattei said on Friday, after the Italian energy group's first-quarter profit declined, but exceeded expectations. Eni's adjusted net profit in the first three months fell 11% year-on-year to 2.91 billion euros ($3.2 billion), but was above analysts' consensus forecasts of 2.31 billion euros. However, Eni said its gas and liquefied natural gas division (GGP) would remain strong after reporting earnings before interest and taxes (EBIT) that were nearly double analysts' estimates for the first quarter.
- Reuters
Vaar Energi maintains dividend after Q1 operating profit falls
Norwegian oil and gas firm Vaar Energi, majority owned by Italy's Eni, on Monday maintained its quarterly dividend payment at $270 million after the company's January to March operating profit fell from a year ago. The company said development projects that underpin its long-term production growth were progressing according to plan. "Overall, we maintain a high activity level to deliver more than 50% production growth over the next three years," Chief Executive Torger Roed said in a statement.
ZacksEni (E) Presents Walk the Talk Energy Installation in Milan
Eni (E) brings an immersive experience for visitors to explore the future of mobility. It does so with its Walk the Talk - Energy in motion installation at the FuoriSalone 2023 exhibition, hosted by Interni.
ZacksEni SpA (E) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Eni SpA (E) closed at $29.15, marking a -0.99% move from the previous day.
ReutersItaly's Eni involved in 5 UK carbon capture projects
Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth 20 billion pounds ($25 billion) of government funding. The British government on Thursday said it had shortlisted a total of eight projects that could help reduce the country's carbon dioxide emissions and kick-start a hydrogen-based economy. Eni said it will be responsible for the transportation and storage of carbon dioxide emissions in the five projects submitted as part of the HyNet North West consortium.
ZacksEni SpA (E) Gains As Market Dips: What You Should Know
Eni SpA (E) closed the most recent trading day at $27.16, moving +1.34% from the previous trading session.
ZacksEni (E) Signs Deal to Develop Offshore Wind Projects in Italy
Combined, Eni (E) and CIP's three offshore projects will produce about 5 TWh/year.
ZacksEni SpA (E) Stock Moves -0.89%: What You Should Know
Eni SpA (E) closed at $26.67 in the latest trading session, marking a -0.89% move from the prior day.
ZacksEni (E) Makes Oil Discovery at Yatzil-1 Well Offshore Mexico
According to preliminary estimates, Eni's (E) latest discovery can hold 200 million barrels of oil.
ZacksEni SpA (E) Gains But Lags Market: What You Should Know
Eni SpA (E) closed at $26.21 in the latest trading session, marking a +0.19% move from the prior day.
ZacksHere's Why Hold Strategy is Apt for Eni (E) Stock Right Now
Benefitting from the rising commodity prices, the company announces a share buyback plan of 2.2 billion euros for 2023.
- Zacks
Eni (E) Signs Deal to Develop Fusion Energy Plant With CFS
Eni (E) was the first energy company to invest in fusion, which can significantly contribute to the energy transition once it is developed on an industrial level.
Globe NewswireItalian ENI and CFS sign cooperation agreement for the development of fusion energy
CFS's CEO Bob Mumgaard and ENI's CEO, Claudio Descalzi on Thursday, March, 9, 2023, at the Commonwealth Fusion Systems Site in Devens. ENI and CFS sign cooperation agreement for the development of fusion energy. DEVENS, Mass., March 10, 2023 (GLOBE NEWSWIRE) -- The Italian energy giant Eni and CFS (Commonwealth Fusion Systems), a spin-out of the Massachusetts Institute of Technology (MIT), thursday signed a cooperation agreement, with the aim of accelerating the industrialization of fusion energ
- Oilprice.com
BlackRock Sees More Value In EU Companies Than U.S. Stocks
Blackrock, the world’s largest assets manager has said that European fourth-quarter earnings painted a picture of overall corporate health well beyond the region’s bedrock sectors of energy and banking
ZacksEni (E) Signs Deal to Supply HVOlution to the Spinelli Group
The agreement is part of Eni's (E) plan to develop sustainable transport services via its new company, Eni Sustainable Mobility.
ReutersEni to supply biofuel to Italian logistics group Spinelli
Energy group Eni has signed a two-year contract with Italy's Spinelli to power the trucks of the logistic group with a diesel fuel produced from 100% renewable raw materials. The biofuel is produced from waste raw materials, vegetable residue and oils processed in Eni's bio refineries in the Sicilian town of Gela and in Venice, the group said on Wednesday. The contract is part of Eni's strategy to develop sustainable transport services through its new dedicated company dubbed Eni Sustainable Mobility.
ReutersItaly prosecutors ask to drop obstruction of justice case for Eni, CEO
Italian prosecutors have asked for a case against Eni and its head over alleged obstruction of justice in corruption cases in Nigeria and Algeria to be dropped, two sources with direct knowledge of the matter said on Friday. Eni Chief Executive Claudio Descalzi had been investigated by prosecutors in the preliminary proceedings, but the sources said the case against him, another manager and the company would now be dropped as evidence clearing them had been found. Both Eni and CEO Descalzi's lawyer declined to comment.
ZacksEni (E) Lags on Q4 Earnings, Presents 2023 Share Buyback Plan
A decline in oil and gas production hurts Eni's (E) earnings in Q4.