View ValuationEni 将来の成長Future 基準チェック /16Eni利益と収益がそれぞれ年間9.3%と2.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に10.9% 11.7%なると予測されています。主要情報9.3%収益成長率11.72%EPS成長率Oil and Gas 収益成長7.5%収益成長率2.1%将来の株主資本利益率10.86%アナリストカバレッジGood最終更新日05 May 2026今後の成長に関する最新情報分析記事 • Apr 28Eni S.p.A. Just Missed Earnings - But Analysts Have Updated Their ModelsEni S.p.A. ( BIT:ENI ) missed earnings with its latest first-quarter results, disappointing overly-optimistic...Price Target Changed • Apr 24Price target increased by 7.5% to €25.19Up from €23.42, the current price target is an average from 21 analysts. New target price is 8.5% above last closing price of €23.22. Stock is up 83% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.78 last year.Major Estimate Revision • Apr 17Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €99.7b to €104.3b. EPS estimate increased from €1.92 to €2.29 per share. Net income forecast to grow 176% next year vs 38% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €22.32 to €24.42. Share price fell 9.1% to €21.76 over the past week.Price Target Changed • Apr 14Price target increased by 7.0% to €23.85Up from €22.28, the current price target is an average from 22 analysts. New target price is approximately in line with last closing price of €23.49. Stock is up 96% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.Price Target Changed • Apr 09Price target increased by 7.1% to €23.07Up from €21.54, the current price target is an average from 23 analysts. New target price is 5.6% below last closing price of €24.43. Stock is up 111% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.Price Target Changed • Mar 20Price target increased by 9.0% to €20.95Up from €19.22, the current price target is an average from 23 analysts. New target price is 11% below last closing price of €23.62. Stock is up 64% over the past year. The company is forecast to post earnings per share of €1.85 for next year compared to €0.86 last year.すべての更新を表示Recent updatesBoard Change • May 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-executive Director Carolyn Adele Dittmeier was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 07Eni S.P.A. Announces Board AppointmentsEni S.p.A. announced the appointment of Giuseppina Di Foggia – Chairman of the Board; Stefano Cappiello – Director; Benedetta Fiorini – Director; Emma Marcegaglia – Director; and Matteo Petrella – Director, at the AGM held on May 6, 2026.ライブニュース • May 06Eni Expands Venezuelan Oil and Gas Output as Nigerian Stake Sale AdvancesEni signed agreements with Venezuela's Ministry of Hydrocarbons and PDVSA to restart oil production at the Junin-5 heavy oil field and expand gas output at major offshore fields. The company resumed lifting Venezuelan crude in April through a payment-in-kind deal that supports recovery of about US$3.3b in outstanding receivables. Eni is in the process of selling its 5% stake in Nigeria's Renaissance joint venture, with the buyer under due diligence and Sterling Oil Exploration and Energy Production Company viewed as a leading bidder. For investors, the Venezuela agreements indicate that Eni is engaging more deeply in projects where regulatory conditions and sanctions have recently shifted. The Junin-5 and Perla/Cardon IV assets are large-scale oil and gas projects. The payment-in-kind structure in Venezuela is tied directly to collecting a sizeable receivable balance of roughly US$3.3b, which is significant when assessing cash flow quality and balance sheet risk. The planned sale of the 5% interest in Nigeria’s Renaissance joint venture moves in the opposite direction geographically, trimming exposure to one asset while Eni reassesses potential reputational and counterparty risks through due diligence. Investors may want to monitor how quickly the Venezuela operations ramp up alongside any progress or delays in closing the Nigerian stake sale. Taken together, these developments influence the mix of jurisdictions Eni is exposed to and the profile of its future cash generation and credit risk.分析記事 • Apr 28Eni S.p.A. Just Missed Earnings - But Analysts Have Updated Their ModelsEni S.p.A. ( BIT:ENI ) missed earnings with its latest first-quarter results, disappointing overly-optimistic...分析記事 • Apr 25Upgrade: Analysts Just Made A Notable Increase To Their Eni S.p.A. (BIT:ENI) ForecastsShareholders in Eni S.p.A. ( BIT:ENI ) may be thrilled to learn that the analysts have just delivered a major upgrade...Price Target Changed • Apr 24Price target increased by 7.5% to €25.19Up from €23.42, the current price target is an average from 21 analysts. New target price is 8.5% above last closing price of €23.22. Stock is up 83% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.78 last year.ナラティブ更新 • Apr 23ENI: Argentina LNG Project Progress Will Support Balanced Medium Term OutlookAnalysts have revised their price target for Eni to €24.42 from €22.86, citing updated assumptions for revenue growth of 4.50%, a profit margin of 6.25% and a forward P/E of 13.61, based on a slightly adjusted discount rate of 8.49%. What's in the News Eni, YPF Sociedad Anónima and XRG signed a binding Joint Development Agreement to advance the Argentina LNG project, targeting an integrated gas and liquefaction setup linked to the Vaca Muerta shale basin (Key Developments).お知らせ • Apr 22ARUM S.p.A. and Dompé Holdings Srl proposed to acquire 50.88% stake in B.F. S.p.A. (BIT:BFG) from Fondazione Cariplo, Inarcassa, Istituto Di Servizi Per Il Mercato Agricolo Alimentare - Ismea, Eni S.p.A. (BIT:ENI) and other shareholders for approximately €670 million.ARUM S.p.A. and Dompé Holdings Srl proposed to acquire 50.88% stake in B.F. S.p.A. (BIT:BFG) from Fondazione Cariplo, Inarcassa, Istituto Di Servizi Per Il Mercato Agricolo Alimentare - Ismea, Eni S.p.A. (BIT:ENI) and other shareholders for approximately €670 million on April 21, 2026. A cash consideration valued at €5 per share will be paid by ARUM S.p.A. and Dompé Holdings Srl, which implies a premium of 13.8% over the closing price on April 20, 2026. As part of consideration, an €666.2 million value is paid towards 133.242 million common equity of B.F. S.p.A. The tender offer does not seek delisting, and the bidders have committed to restoring the free float should they hold at least 90% of the capital. The bidders have signed a framework agreement that governs the terms of the offer and provides for the two companies to purchase shares in equal amounts, i.e., 50% each, and a commitment to enter into a shareholders' agreement. The offer is aimed to ensure the stability of its ownership structure, further investing in the growth and development' of the company.Major Estimate Revision • Apr 17Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €99.7b to €104.3b. EPS estimate increased from €1.92 to €2.29 per share. Net income forecast to grow 176% next year vs 38% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €22.32 to €24.42. Share price fell 9.1% to €21.76 over the past week.Price Target Changed • Apr 14Price target increased by 7.0% to €23.85Up from €22.28, the current price target is an average from 22 analysts. New target price is approximately in line with last closing price of €23.49. Stock is up 96% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.Price Target Changed • Apr 09Price target increased by 7.1% to €23.07Up from €21.54, the current price target is an average from 23 analysts. New target price is 5.6% below last closing price of €24.43. Stock is up 111% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.ナラティブ更新 • Apr 08ENI: Argentina LNG Plan And 2026 Framework Will Support Balanced OutlookAnalysts have raised their price target for Eni from €21.02 to €22.86, citing updated assumptions related to revenue growth, profit margins, and the future P/E multiple. What's in the News Eni, YPF Sociedad Anónima and XRG signed a binding Joint Development Agreement for the Argentina LNG project, focused on the Vaca Muerta shale basin and LNG exports (Key Developments).Declared Dividend • Mar 26Dividend of €0.27 announcedShareholders will receive a dividend of €0.27. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 4.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 49% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.ナラティブ更新 • Mar 24ENI: Argentina LNG Project And 2026 Plan Will Support Balanced OutlookAnalysts have lifted their price target on Eni from €19.09 to €21.02, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Eni signed a binding Joint Development Agreement with YPF Sociedad Anónima and XRG to advance the Argentina LNG project, focused on the Vaca Muerta shale basin.Price Target Changed • Mar 20Price target increased by 9.0% to €20.95Up from €19.22, the current price target is an average from 23 analysts. New target price is 11% below last closing price of €23.62. Stock is up 64% over the past year. The company is forecast to post earnings per share of €1.85 for next year compared to €0.86 last year.新しいナラティブ • Mar 19Gas Dependent Expansion Will Pressure Margins And Undermine Long Term Earnings PowerCatalysts About Eni Eni is an integrated energy company with upstream oil and gas operations, gas and power activities, and growing businesses in renewables, biofuels and low carbon solutions. What are the underlying business or industry changes driving this perspective?ナラティブ更新 • Mar 10ENI: Argentina LNG Project And 2026 Plan Will Shape Balanced OutlookAnalysts have raised their price target for Eni from €16.76 to €19.09, citing updated assumptions that include slightly lower discount rates, higher revenue growth, improved profit margins and a modestly reduced future P/E multiple. What's in the News Eni, YPF Sociedad Anónima and XRG signed a binding Joint Development Agreement for the Argentina LNG project, targeting 12 million tons per annum of LNG capacity through two floating LNG facilities and integrated upstream, midstream and export infrastructure (Key Developments).Major Estimate Revision • Mar 05Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €83.0b to €84.5b. EPS estimate increased from €1.50 to €1.66 per share. Net income forecast to grow 89% next year vs 26% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €16.76 to €18.58. Share price rose 5.7% to €19.96 over the past week.新しいナラティブ • Mar 05Gas And LNG Expansion Will Anchor A Stronger Long Term OutlookCatalysts About Eni Eni is an integrated energy company with upstream oil and gas operations and growing activities in renewables, biofuels, low carbon solutions and related energy services. What are the underlying business or industry changes driving this perspective?Price Target Changed • Mar 02Price target increased by 9.3% to €18.32Up from €16.76, the current price target is an average from 23 analysts. New target price is 10% below last closing price of €20.37. Stock is up 47% over the past year. The company is forecast to post earnings per share of €1.61 for next year compared to €0.86 last year.Declared Dividend • Mar 02Fourth quarter dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 23rd March 2026 Payment date: 25th March 2026 Dividend yield will be 5.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 28Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €0.86 (up from €0.79 in FY 2024). Revenue: €83.6b (down 8.3% from FY 2024). Net income: €2.61b (up 4.7% from FY 2024). Profit margin: 3.1% (up from 2.7% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.ナラティブ更新 • Feb 23ENI: Argentina LNG Expansion Will Expose 2026 Plan RisksThe analyst price target for Eni has been nudged slightly higher to €16.76 from €16.70, as analysts factor in updated fair value estimates and minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News YPF, Eni and XRG signed a binding Joint Development Agreement for the Argentina LNG project, targeting 12 million tons per annum of LNG capacity through two 6 mtpa floating LNG facilities.ナラティブ更新 • Feb 09ENI: 2026 Plan And Reserve Distributions Will Support A Balanced OutlookAnalysts have nudged their price target on Eni slightly higher to €16.70 from €16.64, citing updated assumptions on the discount rate, revenue growth and future P/E that modestly adjust their view of the stock's risk and earnings profile. What's in the News A board meeting is scheduled for February 25, 2026 to review preliminary financial statements as at December 31, 2025 and to decide on distribution of reserves in place of the 2025 dividend (Key Developments).ナラティブ更新 • Jan 25ENI: 2026 Plan And Production Guidance Will Support A Balanced OutlookAnalysts have raised their price target for Eni to €16.64 from €16.53, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions in their models. What's in the News Board meeting on Feb 25, 2026 to review preliminary financial statements as at Dec 31, 2025 and consider a resolution on distribution of reserves in place of the 2025 dividend (Key Developments).ナラティブ更新 • Jan 08ENI: Upcoming 2026 Plan And Production Outlook Will Shape Balanced ViewAnalysts have nudged their price target on Eni slightly lower to €16.53 from roughly €16.54, reflecting small adjustments to the discount rate, revenue growth, profit margin assumptions and future P/E expectations. What's in the News A board meeting is scheduled for February 25, 2026 to review preliminary financial statements as of December 31, 2025 and to consider a resolution on distribution of reserves in place of the 2025 dividend (company event filing).お知らせ • Dec 19Global Infrastructure Management, LLC completed the acquisition of 49.99% stake in Eni CCUS Holding from Eni S.p.A. (BIT : ENI).Global Infrastructure Management, LLC agreed to acquire 49.99% stake in Eni CCUS Holding from Eni S.p.A. (BIT : ENI) on August 18, 2025. The transaction is subject to due diligence. The closing of the transaction is subject to the approvals provided by law. JP Morgan SE acted as financial advisor to Eni S.p.A. (BIT:ENI). Global Infrastructure Management, LLC completed the acquisition of 49.99% stake in Eni CCUS Holding from Eni S.p.A. (BIT : ENI) on December 18, 2025.ナラティブ更新 • Dec 18ENI: LNG Expansion And Fusion Power Agreement Will Shape Balanced OutlookAnalysts have nudged their price target for Eni slightly higher to reflect a fair value increase to approximately $16.54. This revision is underpinned by expectations for stronger revenue growth that more than offsets a marginally higher discount rate and a slightly lower projected profit margin.お知らせ • Dec 11+ 4 more updatesEni S.p.A. to Report Fiscal Year 2025 Final Results on Mar 18, 2026Eni S.p.A. announced that they will report fiscal year 2025 final results at 9:05 AM, Central European Standard Time on Mar 18, 2026ナラティブ更新 • Dec 03ENI: Production, LNG Projects And Fusion Agreement Will Shape Balanced 2025 OutlookAnalysts have nudged their price target on Eni slightly higher to approximately $16.42 from about $16.31, citing modestly improved expectations for revenue growth, profitability, and valuation multiples. What's in the News Raised 2025 oil and gas production guidance to 1.71 million to 1.72 million boe per day, implying around 1.8 million boe per day in the fourth quarter (company guidance).ナラティブ更新 • Nov 19ENI: Upward Production Guidance and Energy Partnerships to Shape 2025 OutlookAnalysts have raised their price target for Eni from $16.12 to $16.31, citing improved revenue growth expectations and a modest increase in profit margins. What's in the News Eni raised its oil and gas production guidance for 2025 to a range of 1.71 million to 1.72 million barrels of oil equivalent per day.Upcoming Dividend • Nov 17Upcoming dividend of €0.26 per shareEligible shareholders must have bought the stock before 24 November 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 29% and the cash payout ratio is 77%. Trailing yield: 6.1%. Within top quartile of Italian dividend payers (4.9%). In line with average of industry peers (5.9%).分析記事 • Nov 14Eni's (BIT:ENI) Dividend Will Be €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will pay a dividend of €0.26 per share on the 26th of...Recent Insider Transactions • Nov 07CEO, GM & Director recently sold €1.1m worth of stockOn the 4th of November, Claudio Descalzi sold around 69k shares on-market at roughly €15.81 per share. This transaction amounted to 9.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Claudio's only on-market trade for the last 12 months.分析記事 • Nov 07Eni's (BIT:ENI) Profits Appear To Have Quality IssuesEni S.p.A.'s ( BIT:ENI ) robust recent earnings didn't do much to move the stock. We think this is due to investors...お知らせ • Nov 04Ares Alternative Credit Management managed by Ares Management LLC completed the acquisition of 20% stake in Eni Plenitude S.P.A. Societa' Benefit from Eni S.p.A. (BIT:ENI).Ares Alternative Credit Management managed by Ares Management LLC signed an exclusivity agreement to acquire 20% stake in Eni Plenitude S.P.A. Societa' Benefit from Eni S.p.A. (BIT:ENI) for approximately €2 billion on May 15, 2025. On June 23, 2025, Parties signed an agreement for approximately €2 billion. The move marks a key step toward a definitive deal that would value Plenitude at between €9.8 billion and €10.2 billion in equity terms, with an enterprise value exceeding €12 billion. The exclusivity period will allow the two parties to finalize the terms of the transaction. The agreement follows a thorough selection process involving several prominent international players who expressed strong interest in the company, further confirming the great appeal of its business model and its growth prospects. The agreement with Ares is part of Eni's development of its satellite model and follows the acquisition of a 10% stake in Plenitude's share capital by the investment fund Energy Infrastructure Partners. The completion of the transaction is subject to the clearance by the competent authorities and regulation approvals. Mediobanca is acting as financial adviser for Eni. Gianguido Arcangeli, Domenico Magistri and Luca Marniga of L&B Partners S.P.A., Maria Vastola, Andrea Petruzzello, Anna Maria Capodacqua, Luca Gunetti, Alessandro Ferraro and Ilaria Pezzana of UniCredit, and Pierpaolo Di Stefano, Marco Campo, Michele Cohen, Lorenzo Cabizza, Livio Berti and Pietro Cusumano of Deutsche Bank acted as financial advisor to Ares Alternative Credit Management LLC. Calvin Ng,Michelle Kelban, Jeremy Trinder, James Beeson, Charles Armstrong, Adrien Giraud, Tyler Brown, Philipp Studt, Matthew, Ruchi Gill, Cataldo Piccarreta, and Erika Brini Raimondi of Latham & Watkins acted as legal advisor to Ares Alternative. Equita SIM S.p.A. acted as a financial advisor to Eni. Pietro Scarfone, Luca Maffia, Elia Ferdinando Clarizia, Emanuele Trucco, Fiona Cumming of A&O Shearman advised the banks in the financing supporting the transaction. Ares Alternative Credit Management managed by Ares Management LLC completed the acquisition of 20% stake in Eni Plenitude S.P.A. Societa' Benefit from Eni S.p.A. (BIT:ENI) on November 4, 2025. The transaction was completed following the approval of the transaction by the competent authorities.ナラティブ更新 • Nov 03ENI: Future Production And Fusion Deal Will Shape Energy Transition OutlookAnalysts have raised their price target for Eni slightly, increasing it from $15.63 to $16.12, citing improved revenue growth projections despite minor adjustments to profit margin and discount rates. What's in the News Eni raised its oil and gas production guidance for 2025 and is forecasting a range of 1.71 to 1.72 million barrels of oil equivalent per day.分析記事 • Oct 31Eni (BIT:ENI) Will Pay A Dividend Of €0.26Eni S.p.A. ( BIT:ENI ) will pay a dividend of €0.26 on the 26th of November. This makes the dividend yield about the...お知らせ • Oct 30Eni S.P.A. Raises Production Guidance for the the Year 2025Eni S.p.A. raised production guidance for the the year 2025. For the period, the company is raising expected oil and gas production guidance for 2025 to a 1.71 mln -1.72 mln boe/d range, implying a Fourth Quarter level of around 1.8 mln boe/d.Reported Earnings • Oct 26Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: €0.27 (up from €0.17 in 3Q 2024). Revenue: €20.5b (down 2.2% from 3Q 2024). Net income: €803.0m (up 54% from 3Q 2024). Profit margin: 3.9% (up from 2.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.ナラティブ更新 • Oct 20LNG Expansion And Biorefining Ventures Will Shape Future Energy LandscapeEni's analyst fair value target has edged up slightly from $15.54 to $15.63, as analysts adjusted key financial assumptions. These adjustments include a modest increase in projected profit margins and a small reduction in forecast revenue growth.分析記事 • Oct 16Eni (BIT:ENI) Is Due To Pay A Dividend Of €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will pay a dividend on the 26th of November, with investors...ナラティブ更新 • Oct 06LNG Expansion And Biorefining Ventures Will Shape Future Energy LandscapeAnalysts have raised their price target for Eni from $15.35 to $15.54 in response to expectations of higher revenue growth, improved profit margins, and a lower discount rate. What's in the News Eni and Commonwealth Fusion Systems (CFS) agreed to a power offtake deal worth over $1 billion for decarbonized power from CFS's upcoming 400 MW fusion plant in Virginia.分析記事 • Sep 26Eni (BIT:ENI) Will Pay A Dividend Of €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will pay a dividend on the 26th of November, with investors...Declared Dividend • Sep 25Dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 24th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.7%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Buy Or Sell Opportunity • Sep 17Now 20% undervaluedOver the last 90 days, the stock has risen 4.2% to €14.86. The fair value is estimated to be €18.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 65%. For the next 3 years, revenue is forecast to grow by 0.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.ナラティブ更新 • Sep 17LNG Expansion And Biorefining Ventures Will Shape Future Energy LandscapeDespite a notable decline in consensus revenue growth forecasts from 0.7% to 0.4% per annum, Eni’s fair value estimate was left largely unchanged, with the consensus analyst price target edging up only slightly from €15.33 to €15.35. What's in the News Eni confirmed Q3 production guidance at 1.7-1.72 million boe/d and maintained its FY25 production target at 1.7 million boe/d.Upcoming Dividend • Sep 15Upcoming dividend of €0.26 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 24 September 2025. The company is paying out more than 100% of its profits and is paying out 79% of its cash flow. Trailing yield: 7.1%. Within top quartile of Italian dividend payers (5.0%). Higher than average of industry peers (6.4%).お知らせ • Aug 19Global Infrastructure Management, LLC agreed to acquire Eni CCUS Holding from Eni S.p.A. (BIT : ENI).Global Infrastructure Management, LLC agreed to acquire Eni CCUS Holding from Eni S.p.A. (BIT : ENI) on August 18, 2025. The transaction is subject to due diligence. The closing of the transaction is subject to the approvals provided by law.分析記事 • Aug 18Eni's (BIT:ENI) Dividend Will Be Increased To €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will be paying its dividend of €0.26 on the 24th of...分析記事 • Jul 31Eni (BIT:ENI) Has Announced That It Will Be Increasing Its Dividend To €0.26Eni S.p.A. ( BIT:ENI ) will increase its dividend from last year's comparable payment on the 24th of September to...お知らせ • Jul 31Eni S.P.A. Provides Production Guidance for the the Third Quarter and Fiscal Year 2025Eni S.p.A. provided production guidance for the the third quarter and fiscal year 2025. For the third quarter, the company production is seen at between 1.7 and 1.72 million boe/d. For the year, the company continue to expect oil and gas production at 1.7 million boe/d, in line with original assumptions.Reported Earnings • Jul 27Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.18 (down from €0.21 in 2Q 2024). Revenue: €19.1b (down 17% from 2Q 2024). Net income: €543.0m (down 18% from 2Q 2024). Profit margin: 2.8% (down from 2.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.分析記事 • Jul 11Here's Why Eni (BIT:ENI) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jun 23Eni's (BIT:ENI) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Eni S.p.A. ( BIT:ENI ) has announced that it will be paying its dividend of €0.26 on the 24th of...分析記事 • Jun 19Potential Upside For Eni S.p.A. (BIT:ENI) Not Without RiskWith a median price-to-earnings (or "P/E") ratio of close to 16x in Italy, you could be forgiven for feeling...分析記事 • Jun 01Eni (BIT:ENI) Will Pay A Larger Dividend Than Last Year At €0.26Eni S.p.A. ( BIT:ENI ) has announced that it will be increasing its dividend from last year's comparable payment on the...お知らせ • May 29Eni S.p.A. (BIT:ENI) commences an Equity Buyback for 315,000,000 shares, for €3,500 million, under the authorization approved on May 14, 2025.Eni S.p.A. (BIT:ENI) commences share repurchases on May 20, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 14, 2025. As per the mandate, the company is authorized to repurchase up to 315,000,000 shares, for €3,500 million. The shares will be repurchased at a price which shall not be more than 10% greater or lower than the official price registered by the stock in the trading session of the Euronext Milan, organized and operated by Borsa Italiana S.p.A on the day before each individual transaction. The repurchased will be funded out of distributable profit and available reserves as reported in the most recent regularly approved financial statements. The share repurchase program is valid till April 2026. On May 16, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to €1,500 million (€3,500 million, in case of upside scenarios). The program will be valid till April 2026.Declared Dividend • May 22Dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 22nd September 2025 Payment date: 24th September 2025 Dividend yield will be 7.9%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 6.4% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.分析記事 • May 18Eni (BIT:ENI) Will Pay A Dividend Of €0.25Eni S.p.A.'s ( BIT:ENI ) investors are due to receive a payment of €0.25 per share on 21st of May. This makes the...お知らせ • May 17Eni S.p.A. Approves Dividend for the Year 2025, First and Second Tranche Payable on September 24, 2025 and November 26, 2025 RespectivelyThe Ordinary and Extraordinary Meeting of Eni’s Shareholders, held 14 May 2025, approved the distribution for and in place of the payment of the dividend relating to financial year 2025 of a sum of €1.05 per share in tranches in the months of September 2025 (€0.26 per share), November 2025 (€0.26 per share), March 2026 (€0.26 per share) and May 2026 (€0.27 per share), using the available reserves, making use, if necessary or appropriate and in the interest of the Shareholders, of the amount of the revaluation reserve ex Lege 342/2000 within the limits of use subject to resolution by the Extraordinary Shareholders’ Meeting; The first tranche will be paid on September 24, 2025 (ex-dividend date: September 22, 2025; record date: September 23, 2025) and the second tranche will be paid on November 26, 2025 (ex-dividend date: November 24, 2025; record date: November 25, 2025).お知らせ • May 15+ 2 more updatesEni S.p.A., Annual General Meeting, May 14, 2025Eni S.p.A., Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Location: rome, piazzale enrico mattei,1, 00144., ItalyUpcoming Dividend • May 12Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 8.1%. Within top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (6.9%).Major Estimate Revision • May 02Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €84.6b to €83.3b. EPS estimate also fell from €1.54 per share to €1.28 per share. Net income forecast to grow 71% next year vs 4.4% growth forecast for Oil and Gas industry in Italy. Consensus price target down from €15.46 to €15.08. Share price was steady at €12.70 over the past week.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €11.56, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 1.2% over the past three years.Declared Dividend • Apr 07Dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 8.3%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 59% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Apr 06Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: €0.79 (down from €1.41 in FY 2023). Revenue: €91.2b (down 3.8% from FY 2023). Net income: €2.49b (down 47% from FY 2023). Profit margin: 2.7% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Oil reserves Proven reserves: 2993 MMbbls Gas reserves Proven reserves: 18330 Bcf Combined production Oil equivalent production: 625.3 MMboe (604.2 MMboe in FY 2023) Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 17Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 24 March 2025. Payment date: 26 March 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.9%. Within top quartile of Italian dividend payers (5.5%). In line with average of industry peers (6.8%).お知らせ • Mar 06KKR & Co. Inc. (NYSE:KKR) completed the acquisition of unknown minority stake in Enilive SpA from Eni S.p.A. (BIT:ENI) for €2.5 billion.KKR & Co. Inc. (NYSE:KKR) signed a temporary exclusivity agreement to acquire unknown minority stake in Enilive SpA from Eni S.p.A. (BIT:ENI) on July 23, 2024. KKR & Co. Inc. (NYSE:KKR) have signed an agreement to acquire 25% stake in Enilive SpA from Eni S.p.A. (BIT:ENI) for €2.4 billion on October 24, 2024. In a related transaction, KKR made subscription of a capital increase in Enilive reserved to KKR amounting to €500 million. Under the terms of temporary exclusivity agreement, the sale has been agreed valuing the company between €11.5 billion and €12.5 billion. Under the terms of agreement, the transaction will be funded through: 1) the subscription of a capital increase in Enilive reserved to KKR amounting to €500 million; 2) the purchase of Enilive’s shares from Eni for a value of €2.438 billion, corresponding to a post-money valuation of €11.75 billion of Equity Value for 100% of Enilive's share capital. Both companies have attracted significant interest from leading international partners and have achieved high stock market valuations, indicating that our approach to the energy transition is appreciated. Furthermore, according to the agreement, Eni will undertake a capital increase of €500 million prior to the completion of the transaction to set a debt-free company. The transaction also confirms the effectiveness of Enilive’s distinctive integrated model and strengthens at the same time its financial structure. The transaction brings together Eni’s proven ability to develop high-growth energy businesses and KKR’s expertise as a long-term investor with a strong track record in the energy and infrastructure sectors, further contributing to the growth of Enilive. The transaction is subject to agreeing definitive documentation and to negotiate the terms of a potential transaction. Closing of the transaction is subject to customary regulatory approvals and is also subject to customary approvals provided by law. J.P. Morgan acted as financial advisor to Eni S.p.A. (BIT:ENI). Deutsche Bank and Unicredit acted as financial advisor with Toby Parkinson, Sara Pickersgill, Nick Appleton, Serra Tar, Sinead O'Shea, James Boswell, Jia Meng and James McGivern of Kirkland & Ellis and Gianni & Origoni serving as legal counsel to KKR on this transaction. Giovan Battista Santangelo, Damiano Battaglia and Damiano Battaglia of Pedersoli e Associati acted as legal advisor to Eni S.p.A. KKR & Co. Inc. (NYSE:KKR) completed the acquisition of unknown minority stake in Enilive SpA from Eni S.p.A. (BIT:ENI) for €2.5 billion on March 6, 2025. Upon receipt of the necessary regulatory approvals, Eni and KKR have closed the transaction contemplated by the investment agreement, announced last October, for the acquisition by KKR of a 25% stake in Enilive’s share capital.Declared Dividend • Mar 02Fourth quarter dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 24th March 2025 Payment date: 26th March 2025 Dividend yield will be 7.1%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: €0.83 (down from €1.41 in FY 2023). Revenue: €91.2b (down 3.8% from FY 2023). Net income: €2.64b (down 43% from FY 2023). Profit margin: 2.9% (down from 4.9% in FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Feb 20KKR & Co. Inc. (NYSE:KKR) signed an agreement to acquire an additional 5% stake in Enilive S.p.A. from Eni S.p.A. (BIT:ENI) for approximately €590 million.KKR & Co. Inc. (NYSE:KKR) signed an agreement to acquire an additional 5% stake in Enilive S.p.A. from Eni S.p.A. (BIT:ENI) for approximately €590 million on February 18, 2025. A cash consideration of €587.5 million will be paid by KKR & Co. Inc. As part of consideration, €587.5 million is paid towards common equity of Enilive S.p.A. The acquisition is based on the same post-money valuation of €11.75 billion of Equity Value for 100% of Enilive's share capital. Following the completion KKR & Co. Inc will hold 30% stake in Enilive S.p.A. The transaction is in line with the agreement signed between KKR and Eni last October for KKR's acquisition of a 25% stake in Enilive's share capital, which is expected to close by next month. The closing of the acquisition of the additional 5% stake is subject to regulatory approvals of the competent authorities. Claudia Fornaro and Stefano Cozzi of Mediobanca Banca di Credito Finanziario S.p.A. acted as financial advisor to Eni S.p.A. Francesco Cardinali of Jpmorgan Asset Management Europe Sarl (Italy Branch) acted as financial advisor for Eni S.p.A. (BIT:ENI). Toby Parkinson, Sara Pickersgill, Nick Appleton, Serra Tar, Sinead O'Shea, James Boswell, Jia Meng, James McGivern of Kirkland & Ellis International LLP acted as legal advisor to KKR & Co. Inc.お知らせ • Dec 13+ 3 more updatesEni S.p.A. to Report Q1, 2025 Results on Apr 24, 2025Eni S.p.A. announced that they will report Q1, 2025 results on Apr 24, 2025Upcoming Dividend • Nov 13Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 18 November 2024. Payment date: 20 November 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Italian dividend payers (5.5%). In line with average of industry peers (7.2%).Buy Or Sell Opportunity • Nov 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.6% to €13.93. The fair value is estimated to be €17.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 19%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.新しいナラティブ • Nov 07KKR Investment Fuels Growth While Transformations And CCS Initiatives Boost Long-term Earnings Potential Strategic investments and partnerships will drive growth, enhance production, and improve revenue streams while confirming value creation. Recent Insider Transactions • Nov 07CEO, GM & Director recently sold €1.2m worth of stockOn the 31st of October, Claudio Descalzi sold around 89k shares on-market at roughly €13.96 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Claudio's only on-market trade for the last 12 months.お知らせ • Nov 06Hilcorp Energy Company completed the acquisition of Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) for $1 billion.Hilcorp Energy Company signed binding agreement to acquire Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) on June 27, 2024. The value of the transaction will be announced upon its closing. The closing of this transaction is subject to appropriate regulatory approvals and other customary terms and conditions. David M. Castro, Jr., P.C, Chad M. Smith, P.C, R.J. Malenfant, Albert Y. Kim and Kelsey Laugel of Kirkland & Ellis LLP acted as legal advisor to Hilcorp Energy Company. Jefferies LLC acted as financial advisor to Eni S.p.A. (BIT:ENI). Hilcorp Energy Company completed the acquisition of Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) for $1 billion on November 4, 2024. Eni will continue to be present in the USA in the upstream of Gulf of Mexico as well as in energy transition projects in the renewables, biofuels and magnetic fusion. The transaction has received the approval of all relevant authorities.Major Estimate Revision • Nov 01Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €91.2b to €89.9b. EPS estimate also fell from €1.80 per share to €1.49 per share. Net income forecast to grow 122% next year vs 28% growth forecast for Oil and Gas industry in Italy. Consensus price target broadly unchanged at €16.54. Share price was steady at €13.99 over the past week.業績と収益の成長予測BIT:ENI - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202897,6976,2187,56513,987912/31/202796,0396,2977,36214,0161112/31/2026107,5827,4737,70914,573113/31/202684,4792,9712,53312,372N/A12/31/202583,6042,3714,10513,330N/A9/30/202586,5562,6163,93012,600N/A6/30/202587,0262,3354,04012,519N/A3/31/202590,9612,4535,22113,573N/A12/31/202491,1662,4924,62813,092N/A9/30/202492,1912,4585,04713,647N/A6/30/202493,8253,8525,68014,169N/A3/31/202490,5803,4855,04614,041N/A12/31/202394,7894,6625,93615,119N/A9/30/2023101,6075,1166,26115,537N/A6/30/2023116,5269,0628,10217,604N/A3/31/2023128,52312,5838,55017,344N/A12/31/2022133,63913,7789,42117,460N/A9/30/2022128,84316,68011,77518,702N/A6/30/2022110,52812,02110,02116,049N/A3/31/202295,3598,4539,12514,583N/A12/31/202177,6645,7267,62812,861N/A9/30/202162,6201,5093,2418,014N/A6/30/202153,886-1972,0756,537N/A3/31/202145,650-4,8501,0305,223N/A12/31/202044,937-8,6351784,822N/A9/30/202049,314-9,7291,8937,559N/A6/30/202055,755-8,7031,4838,158N/A3/31/202066,174-3,8733,57611,270N/A12/31/201970,889148N/A12,392N/A9/30/201974,2522,438N/A12,992N/A6/30/201977,1993,444N/A15,039N/A3/31/201977,2184,272N/A13,557N/A12/31/201876,4844,126N/A13,647N/A9/30/201874,4075,774N/A12,640N/A6/30/201870,2824,589N/A10,699N/A3/31/201867,2243,355N/A10,372N/A1/1/201867,6893,374N/A10,117N/A9/30/201765,9061,667N/A10,047N/A6/30/201763,318761N/A9,211N/A3/31/201760,950297N/A8,235N/A12/31/201656,679-1,051N/A8,562N/A9/30/201654,910-9,845N/A8,888N/A6/30/201657,729-10,066N/A9,206N/A3/31/201664,592-9,122N/A10,780N/A12/31/201572,286-7,952N/A10,760N/A9/30/201567,362-3,072N/A12,572N/A6/30/201577,948-575N/A14,913N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ENIの予測収益成長率 (年間9.3% ) は 貯蓄率 ( 3.3% ) を上回っています。収益対市場: ENIの収益 ( 9.3% ) Italian市場 ( 9.8% ) よりも低い成長が予測されています。高成長収益: ENIの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: ENIの収益 ( 2.1% ) Italian市場 ( 5.4% ) よりも低い成長が予測されています。高い収益成長: ENIの収益 ( 2.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ENIの 自己資本利益率 は、3年後には低くなると予測されています ( 10.9 %)。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 11:40終値2026/05/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Eni S.p.A. 20 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。41 アナリスト機関Francesco SalaBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)Francesco TaddeiBanca Akros S.p.A. (ESN)38 その他のアナリストを表示
分析記事 • Apr 28Eni S.p.A. Just Missed Earnings - But Analysts Have Updated Their ModelsEni S.p.A. ( BIT:ENI ) missed earnings with its latest first-quarter results, disappointing overly-optimistic...
Price Target Changed • Apr 24Price target increased by 7.5% to €25.19Up from €23.42, the current price target is an average from 21 analysts. New target price is 8.5% above last closing price of €23.22. Stock is up 83% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.78 last year.
Major Estimate Revision • Apr 17Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €99.7b to €104.3b. EPS estimate increased from €1.92 to €2.29 per share. Net income forecast to grow 176% next year vs 38% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €22.32 to €24.42. Share price fell 9.1% to €21.76 over the past week.
Price Target Changed • Apr 14Price target increased by 7.0% to €23.85Up from €22.28, the current price target is an average from 22 analysts. New target price is approximately in line with last closing price of €23.49. Stock is up 96% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.
Price Target Changed • Apr 09Price target increased by 7.1% to €23.07Up from €21.54, the current price target is an average from 23 analysts. New target price is 5.6% below last closing price of €24.43. Stock is up 111% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.
Price Target Changed • Mar 20Price target increased by 9.0% to €20.95Up from €19.22, the current price target is an average from 23 analysts. New target price is 11% below last closing price of €23.62. Stock is up 64% over the past year. The company is forecast to post earnings per share of €1.85 for next year compared to €0.86 last year.
Board Change • May 08Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-executive Director Carolyn Adele Dittmeier was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 07Eni S.P.A. Announces Board AppointmentsEni S.p.A. announced the appointment of Giuseppina Di Foggia – Chairman of the Board; Stefano Cappiello – Director; Benedetta Fiorini – Director; Emma Marcegaglia – Director; and Matteo Petrella – Director, at the AGM held on May 6, 2026.
ライブニュース • May 06Eni Expands Venezuelan Oil and Gas Output as Nigerian Stake Sale AdvancesEni signed agreements with Venezuela's Ministry of Hydrocarbons and PDVSA to restart oil production at the Junin-5 heavy oil field and expand gas output at major offshore fields. The company resumed lifting Venezuelan crude in April through a payment-in-kind deal that supports recovery of about US$3.3b in outstanding receivables. Eni is in the process of selling its 5% stake in Nigeria's Renaissance joint venture, with the buyer under due diligence and Sterling Oil Exploration and Energy Production Company viewed as a leading bidder. For investors, the Venezuela agreements indicate that Eni is engaging more deeply in projects where regulatory conditions and sanctions have recently shifted. The Junin-5 and Perla/Cardon IV assets are large-scale oil and gas projects. The payment-in-kind structure in Venezuela is tied directly to collecting a sizeable receivable balance of roughly US$3.3b, which is significant when assessing cash flow quality and balance sheet risk. The planned sale of the 5% interest in Nigeria’s Renaissance joint venture moves in the opposite direction geographically, trimming exposure to one asset while Eni reassesses potential reputational and counterparty risks through due diligence. Investors may want to monitor how quickly the Venezuela operations ramp up alongside any progress or delays in closing the Nigerian stake sale. Taken together, these developments influence the mix of jurisdictions Eni is exposed to and the profile of its future cash generation and credit risk.
分析記事 • Apr 28Eni S.p.A. Just Missed Earnings - But Analysts Have Updated Their ModelsEni S.p.A. ( BIT:ENI ) missed earnings with its latest first-quarter results, disappointing overly-optimistic...
分析記事 • Apr 25Upgrade: Analysts Just Made A Notable Increase To Their Eni S.p.A. (BIT:ENI) ForecastsShareholders in Eni S.p.A. ( BIT:ENI ) may be thrilled to learn that the analysts have just delivered a major upgrade...
Price Target Changed • Apr 24Price target increased by 7.5% to €25.19Up from €23.42, the current price target is an average from 21 analysts. New target price is 8.5% above last closing price of €23.22. Stock is up 83% over the past year. The company is forecast to post earnings per share of €2.41 for next year compared to €0.78 last year.
ナラティブ更新 • Apr 23ENI: Argentina LNG Project Progress Will Support Balanced Medium Term OutlookAnalysts have revised their price target for Eni to €24.42 from €22.86, citing updated assumptions for revenue growth of 4.50%, a profit margin of 6.25% and a forward P/E of 13.61, based on a slightly adjusted discount rate of 8.49%. What's in the News Eni, YPF Sociedad Anónima and XRG signed a binding Joint Development Agreement to advance the Argentina LNG project, targeting an integrated gas and liquefaction setup linked to the Vaca Muerta shale basin (Key Developments).
お知らせ • Apr 22ARUM S.p.A. and Dompé Holdings Srl proposed to acquire 50.88% stake in B.F. S.p.A. (BIT:BFG) from Fondazione Cariplo, Inarcassa, Istituto Di Servizi Per Il Mercato Agricolo Alimentare - Ismea, Eni S.p.A. (BIT:ENI) and other shareholders for approximately €670 million.ARUM S.p.A. and Dompé Holdings Srl proposed to acquire 50.88% stake in B.F. S.p.A. (BIT:BFG) from Fondazione Cariplo, Inarcassa, Istituto Di Servizi Per Il Mercato Agricolo Alimentare - Ismea, Eni S.p.A. (BIT:ENI) and other shareholders for approximately €670 million on April 21, 2026. A cash consideration valued at €5 per share will be paid by ARUM S.p.A. and Dompé Holdings Srl, which implies a premium of 13.8% over the closing price on April 20, 2026. As part of consideration, an €666.2 million value is paid towards 133.242 million common equity of B.F. S.p.A. The tender offer does not seek delisting, and the bidders have committed to restoring the free float should they hold at least 90% of the capital. The bidders have signed a framework agreement that governs the terms of the offer and provides for the two companies to purchase shares in equal amounts, i.e., 50% each, and a commitment to enter into a shareholders' agreement. The offer is aimed to ensure the stability of its ownership structure, further investing in the growth and development' of the company.
Major Estimate Revision • Apr 17Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €99.7b to €104.3b. EPS estimate increased from €1.92 to €2.29 per share. Net income forecast to grow 176% next year vs 38% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €22.32 to €24.42. Share price fell 9.1% to €21.76 over the past week.
Price Target Changed • Apr 14Price target increased by 7.0% to €23.85Up from €22.28, the current price target is an average from 22 analysts. New target price is approximately in line with last closing price of €23.49. Stock is up 96% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.
Price Target Changed • Apr 09Price target increased by 7.1% to €23.07Up from €21.54, the current price target is an average from 23 analysts. New target price is 5.6% below last closing price of €24.43. Stock is up 111% over the past year. The company is forecast to post earnings per share of €1.73 for next year compared to €0.78 last year.
ナラティブ更新 • Apr 08ENI: Argentina LNG Plan And 2026 Framework Will Support Balanced OutlookAnalysts have raised their price target for Eni from €21.02 to €22.86, citing updated assumptions related to revenue growth, profit margins, and the future P/E multiple. What's in the News Eni, YPF Sociedad Anónima and XRG signed a binding Joint Development Agreement for the Argentina LNG project, focused on the Vaca Muerta shale basin and LNG exports (Key Developments).
Declared Dividend • Mar 26Dividend of €0.27 announcedShareholders will receive a dividend of €0.27. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 4.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (134% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 49% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
ナラティブ更新 • Mar 24ENI: Argentina LNG Project And 2026 Plan Will Support Balanced OutlookAnalysts have lifted their price target on Eni from €19.09 to €21.02, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Eni signed a binding Joint Development Agreement with YPF Sociedad Anónima and XRG to advance the Argentina LNG project, focused on the Vaca Muerta shale basin.
Price Target Changed • Mar 20Price target increased by 9.0% to €20.95Up from €19.22, the current price target is an average from 23 analysts. New target price is 11% below last closing price of €23.62. Stock is up 64% over the past year. The company is forecast to post earnings per share of €1.85 for next year compared to €0.86 last year.
新しいナラティブ • Mar 19Gas Dependent Expansion Will Pressure Margins And Undermine Long Term Earnings PowerCatalysts About Eni Eni is an integrated energy company with upstream oil and gas operations, gas and power activities, and growing businesses in renewables, biofuels and low carbon solutions. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Mar 10ENI: Argentina LNG Project And 2026 Plan Will Shape Balanced OutlookAnalysts have raised their price target for Eni from €16.76 to €19.09, citing updated assumptions that include slightly lower discount rates, higher revenue growth, improved profit margins and a modestly reduced future P/E multiple. What's in the News Eni, YPF Sociedad Anónima and XRG signed a binding Joint Development Agreement for the Argentina LNG project, targeting 12 million tons per annum of LNG capacity through two floating LNG facilities and integrated upstream, midstream and export infrastructure (Key Developments).
Major Estimate Revision • Mar 05Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from €83.0b to €84.5b. EPS estimate increased from €1.50 to €1.66 per share. Net income forecast to grow 89% next year vs 26% growth forecast for Oil and Gas industry in Italy. Consensus price target up from €16.76 to €18.58. Share price rose 5.7% to €19.96 over the past week.
新しいナラティブ • Mar 05Gas And LNG Expansion Will Anchor A Stronger Long Term OutlookCatalysts About Eni Eni is an integrated energy company with upstream oil and gas operations and growing activities in renewables, biofuels, low carbon solutions and related energy services. What are the underlying business or industry changes driving this perspective?
Price Target Changed • Mar 02Price target increased by 9.3% to €18.32Up from €16.76, the current price target is an average from 23 analysts. New target price is 10% below last closing price of €20.37. Stock is up 47% over the past year. The company is forecast to post earnings per share of €1.61 for next year compared to €0.86 last year.
Declared Dividend • Mar 02Fourth quarter dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 23rd March 2026 Payment date: 25th March 2026 Dividend yield will be 5.2%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 28Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €0.86 (up from €0.79 in FY 2024). Revenue: €83.6b (down 8.3% from FY 2024). Net income: €2.61b (up 4.7% from FY 2024). Profit margin: 3.1% (up from 2.7% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
ナラティブ更新 • Feb 23ENI: Argentina LNG Expansion Will Expose 2026 Plan RisksThe analyst price target for Eni has been nudged slightly higher to €16.76 from €16.70, as analysts factor in updated fair value estimates and minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News YPF, Eni and XRG signed a binding Joint Development Agreement for the Argentina LNG project, targeting 12 million tons per annum of LNG capacity through two 6 mtpa floating LNG facilities.
ナラティブ更新 • Feb 09ENI: 2026 Plan And Reserve Distributions Will Support A Balanced OutlookAnalysts have nudged their price target on Eni slightly higher to €16.70 from €16.64, citing updated assumptions on the discount rate, revenue growth and future P/E that modestly adjust their view of the stock's risk and earnings profile. What's in the News A board meeting is scheduled for February 25, 2026 to review preliminary financial statements as at December 31, 2025 and to decide on distribution of reserves in place of the 2025 dividend (Key Developments).
ナラティブ更新 • Jan 25ENI: 2026 Plan And Production Guidance Will Support A Balanced OutlookAnalysts have raised their price target for Eni to €16.64 from €16.53, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions in their models. What's in the News Board meeting on Feb 25, 2026 to review preliminary financial statements as at Dec 31, 2025 and consider a resolution on distribution of reserves in place of the 2025 dividend (Key Developments).
ナラティブ更新 • Jan 08ENI: Upcoming 2026 Plan And Production Outlook Will Shape Balanced ViewAnalysts have nudged their price target on Eni slightly lower to €16.53 from roughly €16.54, reflecting small adjustments to the discount rate, revenue growth, profit margin assumptions and future P/E expectations. What's in the News A board meeting is scheduled for February 25, 2026 to review preliminary financial statements as of December 31, 2025 and to consider a resolution on distribution of reserves in place of the 2025 dividend (company event filing).
お知らせ • Dec 19Global Infrastructure Management, LLC completed the acquisition of 49.99% stake in Eni CCUS Holding from Eni S.p.A. (BIT : ENI).Global Infrastructure Management, LLC agreed to acquire 49.99% stake in Eni CCUS Holding from Eni S.p.A. (BIT : ENI) on August 18, 2025. The transaction is subject to due diligence. The closing of the transaction is subject to the approvals provided by law. JP Morgan SE acted as financial advisor to Eni S.p.A. (BIT:ENI). Global Infrastructure Management, LLC completed the acquisition of 49.99% stake in Eni CCUS Holding from Eni S.p.A. (BIT : ENI) on December 18, 2025.
ナラティブ更新 • Dec 18ENI: LNG Expansion And Fusion Power Agreement Will Shape Balanced OutlookAnalysts have nudged their price target for Eni slightly higher to reflect a fair value increase to approximately $16.54. This revision is underpinned by expectations for stronger revenue growth that more than offsets a marginally higher discount rate and a slightly lower projected profit margin.
お知らせ • Dec 11+ 4 more updatesEni S.p.A. to Report Fiscal Year 2025 Final Results on Mar 18, 2026Eni S.p.A. announced that they will report fiscal year 2025 final results at 9:05 AM, Central European Standard Time on Mar 18, 2026
ナラティブ更新 • Dec 03ENI: Production, LNG Projects And Fusion Agreement Will Shape Balanced 2025 OutlookAnalysts have nudged their price target on Eni slightly higher to approximately $16.42 from about $16.31, citing modestly improved expectations for revenue growth, profitability, and valuation multiples. What's in the News Raised 2025 oil and gas production guidance to 1.71 million to 1.72 million boe per day, implying around 1.8 million boe per day in the fourth quarter (company guidance).
ナラティブ更新 • Nov 19ENI: Upward Production Guidance and Energy Partnerships to Shape 2025 OutlookAnalysts have raised their price target for Eni from $16.12 to $16.31, citing improved revenue growth expectations and a modest increase in profit margins. What's in the News Eni raised its oil and gas production guidance for 2025 to a range of 1.71 million to 1.72 million barrels of oil equivalent per day.
Upcoming Dividend • Nov 17Upcoming dividend of €0.26 per shareEligible shareholders must have bought the stock before 24 November 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 29% and the cash payout ratio is 77%. Trailing yield: 6.1%. Within top quartile of Italian dividend payers (4.9%). In line with average of industry peers (5.9%).
分析記事 • Nov 14Eni's (BIT:ENI) Dividend Will Be €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will pay a dividend of €0.26 per share on the 26th of...
Recent Insider Transactions • Nov 07CEO, GM & Director recently sold €1.1m worth of stockOn the 4th of November, Claudio Descalzi sold around 69k shares on-market at roughly €15.81 per share. This transaction amounted to 9.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Claudio's only on-market trade for the last 12 months.
分析記事 • Nov 07Eni's (BIT:ENI) Profits Appear To Have Quality IssuesEni S.p.A.'s ( BIT:ENI ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
お知らせ • Nov 04Ares Alternative Credit Management managed by Ares Management LLC completed the acquisition of 20% stake in Eni Plenitude S.P.A. Societa' Benefit from Eni S.p.A. (BIT:ENI).Ares Alternative Credit Management managed by Ares Management LLC signed an exclusivity agreement to acquire 20% stake in Eni Plenitude S.P.A. Societa' Benefit from Eni S.p.A. (BIT:ENI) for approximately €2 billion on May 15, 2025. On June 23, 2025, Parties signed an agreement for approximately €2 billion. The move marks a key step toward a definitive deal that would value Plenitude at between €9.8 billion and €10.2 billion in equity terms, with an enterprise value exceeding €12 billion. The exclusivity period will allow the two parties to finalize the terms of the transaction. The agreement follows a thorough selection process involving several prominent international players who expressed strong interest in the company, further confirming the great appeal of its business model and its growth prospects. The agreement with Ares is part of Eni's development of its satellite model and follows the acquisition of a 10% stake in Plenitude's share capital by the investment fund Energy Infrastructure Partners. The completion of the transaction is subject to the clearance by the competent authorities and regulation approvals. Mediobanca is acting as financial adviser for Eni. Gianguido Arcangeli, Domenico Magistri and Luca Marniga of L&B Partners S.P.A., Maria Vastola, Andrea Petruzzello, Anna Maria Capodacqua, Luca Gunetti, Alessandro Ferraro and Ilaria Pezzana of UniCredit, and Pierpaolo Di Stefano, Marco Campo, Michele Cohen, Lorenzo Cabizza, Livio Berti and Pietro Cusumano of Deutsche Bank acted as financial advisor to Ares Alternative Credit Management LLC. Calvin Ng,Michelle Kelban, Jeremy Trinder, James Beeson, Charles Armstrong, Adrien Giraud, Tyler Brown, Philipp Studt, Matthew, Ruchi Gill, Cataldo Piccarreta, and Erika Brini Raimondi of Latham & Watkins acted as legal advisor to Ares Alternative. Equita SIM S.p.A. acted as a financial advisor to Eni. Pietro Scarfone, Luca Maffia, Elia Ferdinando Clarizia, Emanuele Trucco, Fiona Cumming of A&O Shearman advised the banks in the financing supporting the transaction. Ares Alternative Credit Management managed by Ares Management LLC completed the acquisition of 20% stake in Eni Plenitude S.P.A. Societa' Benefit from Eni S.p.A. (BIT:ENI) on November 4, 2025. The transaction was completed following the approval of the transaction by the competent authorities.
ナラティブ更新 • Nov 03ENI: Future Production And Fusion Deal Will Shape Energy Transition OutlookAnalysts have raised their price target for Eni slightly, increasing it from $15.63 to $16.12, citing improved revenue growth projections despite minor adjustments to profit margin and discount rates. What's in the News Eni raised its oil and gas production guidance for 2025 and is forecasting a range of 1.71 to 1.72 million barrels of oil equivalent per day.
分析記事 • Oct 31Eni (BIT:ENI) Will Pay A Dividend Of €0.26Eni S.p.A. ( BIT:ENI ) will pay a dividend of €0.26 on the 26th of November. This makes the dividend yield about the...
お知らせ • Oct 30Eni S.P.A. Raises Production Guidance for the the Year 2025Eni S.p.A. raised production guidance for the the year 2025. For the period, the company is raising expected oil and gas production guidance for 2025 to a 1.71 mln -1.72 mln boe/d range, implying a Fourth Quarter level of around 1.8 mln boe/d.
Reported Earnings • Oct 26Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: €0.27 (up from €0.17 in 3Q 2024). Revenue: €20.5b (down 2.2% from 3Q 2024). Net income: €803.0m (up 54% from 3Q 2024). Profit margin: 3.9% (up from 2.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
ナラティブ更新 • Oct 20LNG Expansion And Biorefining Ventures Will Shape Future Energy LandscapeEni's analyst fair value target has edged up slightly from $15.54 to $15.63, as analysts adjusted key financial assumptions. These adjustments include a modest increase in projected profit margins and a small reduction in forecast revenue growth.
分析記事 • Oct 16Eni (BIT:ENI) Is Due To Pay A Dividend Of €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will pay a dividend on the 26th of November, with investors...
ナラティブ更新 • Oct 06LNG Expansion And Biorefining Ventures Will Shape Future Energy LandscapeAnalysts have raised their price target for Eni from $15.35 to $15.54 in response to expectations of higher revenue growth, improved profit margins, and a lower discount rate. What's in the News Eni and Commonwealth Fusion Systems (CFS) agreed to a power offtake deal worth over $1 billion for decarbonized power from CFS's upcoming 400 MW fusion plant in Virginia.
分析記事 • Sep 26Eni (BIT:ENI) Will Pay A Dividend Of €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will pay a dividend on the 26th of November, with investors...
Declared Dividend • Sep 25Dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 24th November 2025 Payment date: 26th November 2025 Dividend yield will be 6.7%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Buy Or Sell Opportunity • Sep 17Now 20% undervaluedOver the last 90 days, the stock has risen 4.2% to €14.86. The fair value is estimated to be €18.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 65%. For the next 3 years, revenue is forecast to grow by 0.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
ナラティブ更新 • Sep 17LNG Expansion And Biorefining Ventures Will Shape Future Energy LandscapeDespite a notable decline in consensus revenue growth forecasts from 0.7% to 0.4% per annum, Eni’s fair value estimate was left largely unchanged, with the consensus analyst price target edging up only slightly from €15.33 to €15.35. What's in the News Eni confirmed Q3 production guidance at 1.7-1.72 million boe/d and maintained its FY25 production target at 1.7 million boe/d.
Upcoming Dividend • Sep 15Upcoming dividend of €0.26 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 24 September 2025. The company is paying out more than 100% of its profits and is paying out 79% of its cash flow. Trailing yield: 7.1%. Within top quartile of Italian dividend payers (5.0%). Higher than average of industry peers (6.4%).
お知らせ • Aug 19Global Infrastructure Management, LLC agreed to acquire Eni CCUS Holding from Eni S.p.A. (BIT : ENI).Global Infrastructure Management, LLC agreed to acquire Eni CCUS Holding from Eni S.p.A. (BIT : ENI) on August 18, 2025. The transaction is subject to due diligence. The closing of the transaction is subject to the approvals provided by law.
分析記事 • Aug 18Eni's (BIT:ENI) Dividend Will Be Increased To €0.26The board of Eni S.p.A. ( BIT:ENI ) has announced that it will be paying its dividend of €0.26 on the 24th of...
分析記事 • Jul 31Eni (BIT:ENI) Has Announced That It Will Be Increasing Its Dividend To €0.26Eni S.p.A. ( BIT:ENI ) will increase its dividend from last year's comparable payment on the 24th of September to...
お知らせ • Jul 31Eni S.P.A. Provides Production Guidance for the the Third Quarter and Fiscal Year 2025Eni S.p.A. provided production guidance for the the third quarter and fiscal year 2025. For the third quarter, the company production is seen at between 1.7 and 1.72 million boe/d. For the year, the company continue to expect oil and gas production at 1.7 million boe/d, in line with original assumptions.
Reported Earnings • Jul 27Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €0.18 (down from €0.21 in 2Q 2024). Revenue: €19.1b (down 17% from 2Q 2024). Net income: €543.0m (down 18% from 2Q 2024). Profit margin: 2.8% (down from 2.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 11Here's Why Eni (BIT:ENI) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jun 23Eni's (BIT:ENI) Upcoming Dividend Will Be Larger Than Last Year'sThe board of Eni S.p.A. ( BIT:ENI ) has announced that it will be paying its dividend of €0.26 on the 24th of...
分析記事 • Jun 19Potential Upside For Eni S.p.A. (BIT:ENI) Not Without RiskWith a median price-to-earnings (or "P/E") ratio of close to 16x in Italy, you could be forgiven for feeling...
分析記事 • Jun 01Eni (BIT:ENI) Will Pay A Larger Dividend Than Last Year At €0.26Eni S.p.A. ( BIT:ENI ) has announced that it will be increasing its dividend from last year's comparable payment on the...
お知らせ • May 29Eni S.p.A. (BIT:ENI) commences an Equity Buyback for 315,000,000 shares, for €3,500 million, under the authorization approved on May 14, 2025.Eni S.p.A. (BIT:ENI) commences share repurchases on May 20, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 14, 2025. As per the mandate, the company is authorized to repurchase up to 315,000,000 shares, for €3,500 million. The shares will be repurchased at a price which shall not be more than 10% greater or lower than the official price registered by the stock in the trading session of the Euronext Milan, organized and operated by Borsa Italiana S.p.A on the day before each individual transaction. The repurchased will be funded out of distributable profit and available reserves as reported in the most recent regularly approved financial statements. The share repurchase program is valid till April 2026. On May 16, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to €1,500 million (€3,500 million, in case of upside scenarios). The program will be valid till April 2026.
Declared Dividend • May 22Dividend of €0.26 announcedShareholders will receive a dividend of €0.26. Ex-date: 22nd September 2025 Payment date: 24th September 2025 Dividend yield will be 7.9%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 6.4% to bring the payout ratio under control. EPS is expected to grow by 71% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
分析記事 • May 18Eni (BIT:ENI) Will Pay A Dividend Of €0.25Eni S.p.A.'s ( BIT:ENI ) investors are due to receive a payment of €0.25 per share on 21st of May. This makes the...
お知らせ • May 17Eni S.p.A. Approves Dividend for the Year 2025, First and Second Tranche Payable on September 24, 2025 and November 26, 2025 RespectivelyThe Ordinary and Extraordinary Meeting of Eni’s Shareholders, held 14 May 2025, approved the distribution for and in place of the payment of the dividend relating to financial year 2025 of a sum of €1.05 per share in tranches in the months of September 2025 (€0.26 per share), November 2025 (€0.26 per share), March 2026 (€0.26 per share) and May 2026 (€0.27 per share), using the available reserves, making use, if necessary or appropriate and in the interest of the Shareholders, of the amount of the revaluation reserve ex Lege 342/2000 within the limits of use subject to resolution by the Extraordinary Shareholders’ Meeting; The first tranche will be paid on September 24, 2025 (ex-dividend date: September 22, 2025; record date: September 23, 2025) and the second tranche will be paid on November 26, 2025 (ex-dividend date: November 24, 2025; record date: November 25, 2025).
お知らせ • May 15+ 2 more updatesEni S.p.A., Annual General Meeting, May 14, 2025Eni S.p.A., Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Location: rome, piazzale enrico mattei,1, 00144., Italy
Upcoming Dividend • May 12Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 8.1%. Within top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (6.9%).
Major Estimate Revision • May 02Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €84.6b to €83.3b. EPS estimate also fell from €1.54 per share to €1.28 per share. Net income forecast to grow 71% next year vs 4.4% growth forecast for Oil and Gas industry in Italy. Consensus price target down from €15.46 to €15.08. Share price was steady at €12.70 over the past week.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €11.56, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 1.2% over the past three years.
Declared Dividend • Apr 07Dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 8.3%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 59% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Apr 06Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: €0.79 (down from €1.41 in FY 2023). Revenue: €91.2b (down 3.8% from FY 2023). Net income: €2.49b (down 47% from FY 2023). Profit margin: 2.7% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Oil reserves Proven reserves: 2993 MMbbls Gas reserves Proven reserves: 18330 Bcf Combined production Oil equivalent production: 625.3 MMboe (604.2 MMboe in FY 2023) Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 17Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 24 March 2025. Payment date: 26 March 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.9%. Within top quartile of Italian dividend payers (5.5%). In line with average of industry peers (6.8%).
お知らせ • Mar 06KKR & Co. Inc. (NYSE:KKR) completed the acquisition of unknown minority stake in Enilive SpA from Eni S.p.A. (BIT:ENI) for €2.5 billion.KKR & Co. Inc. (NYSE:KKR) signed a temporary exclusivity agreement to acquire unknown minority stake in Enilive SpA from Eni S.p.A. (BIT:ENI) on July 23, 2024. KKR & Co. Inc. (NYSE:KKR) have signed an agreement to acquire 25% stake in Enilive SpA from Eni S.p.A. (BIT:ENI) for €2.4 billion on October 24, 2024. In a related transaction, KKR made subscription of a capital increase in Enilive reserved to KKR amounting to €500 million. Under the terms of temporary exclusivity agreement, the sale has been agreed valuing the company between €11.5 billion and €12.5 billion. Under the terms of agreement, the transaction will be funded through: 1) the subscription of a capital increase in Enilive reserved to KKR amounting to €500 million; 2) the purchase of Enilive’s shares from Eni for a value of €2.438 billion, corresponding to a post-money valuation of €11.75 billion of Equity Value for 100% of Enilive's share capital. Both companies have attracted significant interest from leading international partners and have achieved high stock market valuations, indicating that our approach to the energy transition is appreciated. Furthermore, according to the agreement, Eni will undertake a capital increase of €500 million prior to the completion of the transaction to set a debt-free company. The transaction also confirms the effectiveness of Enilive’s distinctive integrated model and strengthens at the same time its financial structure. The transaction brings together Eni’s proven ability to develop high-growth energy businesses and KKR’s expertise as a long-term investor with a strong track record in the energy and infrastructure sectors, further contributing to the growth of Enilive. The transaction is subject to agreeing definitive documentation and to negotiate the terms of a potential transaction. Closing of the transaction is subject to customary regulatory approvals and is also subject to customary approvals provided by law. J.P. Morgan acted as financial advisor to Eni S.p.A. (BIT:ENI). Deutsche Bank and Unicredit acted as financial advisor with Toby Parkinson, Sara Pickersgill, Nick Appleton, Serra Tar, Sinead O'Shea, James Boswell, Jia Meng and James McGivern of Kirkland & Ellis and Gianni & Origoni serving as legal counsel to KKR on this transaction. Giovan Battista Santangelo, Damiano Battaglia and Damiano Battaglia of Pedersoli e Associati acted as legal advisor to Eni S.p.A. KKR & Co. Inc. (NYSE:KKR) completed the acquisition of unknown minority stake in Enilive SpA from Eni S.p.A. (BIT:ENI) for €2.5 billion on March 6, 2025. Upon receipt of the necessary regulatory approvals, Eni and KKR have closed the transaction contemplated by the investment agreement, announced last October, for the acquisition by KKR of a 25% stake in Enilive’s share capital.
Declared Dividend • Mar 02Fourth quarter dividend of €0.25 announcedShareholders will receive a dividend of €0.25. Ex-date: 24th March 2025 Payment date: 26th March 2025 Dividend yield will be 7.1%, which is higher than the industry average of 6.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 28Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: €0.83 (down from €1.41 in FY 2023). Revenue: €91.2b (down 3.8% from FY 2023). Net income: €2.64b (down 43% from FY 2023). Profit margin: 2.9% (down from 4.9% in FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Feb 20KKR & Co. Inc. (NYSE:KKR) signed an agreement to acquire an additional 5% stake in Enilive S.p.A. from Eni S.p.A. (BIT:ENI) for approximately €590 million.KKR & Co. Inc. (NYSE:KKR) signed an agreement to acquire an additional 5% stake in Enilive S.p.A. from Eni S.p.A. (BIT:ENI) for approximately €590 million on February 18, 2025. A cash consideration of €587.5 million will be paid by KKR & Co. Inc. As part of consideration, €587.5 million is paid towards common equity of Enilive S.p.A. The acquisition is based on the same post-money valuation of €11.75 billion of Equity Value for 100% of Enilive's share capital. Following the completion KKR & Co. Inc will hold 30% stake in Enilive S.p.A. The transaction is in line with the agreement signed between KKR and Eni last October for KKR's acquisition of a 25% stake in Enilive's share capital, which is expected to close by next month. The closing of the acquisition of the additional 5% stake is subject to regulatory approvals of the competent authorities. Claudia Fornaro and Stefano Cozzi of Mediobanca Banca di Credito Finanziario S.p.A. acted as financial advisor to Eni S.p.A. Francesco Cardinali of Jpmorgan Asset Management Europe Sarl (Italy Branch) acted as financial advisor for Eni S.p.A. (BIT:ENI). Toby Parkinson, Sara Pickersgill, Nick Appleton, Serra Tar, Sinead O'Shea, James Boswell, Jia Meng, James McGivern of Kirkland & Ellis International LLP acted as legal advisor to KKR & Co. Inc.
お知らせ • Dec 13+ 3 more updatesEni S.p.A. to Report Q1, 2025 Results on Apr 24, 2025Eni S.p.A. announced that they will report Q1, 2025 results on Apr 24, 2025
Upcoming Dividend • Nov 13Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 18 November 2024. Payment date: 20 November 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Italian dividend payers (5.5%). In line with average of industry peers (7.2%).
Buy Or Sell Opportunity • Nov 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.6% to €13.93. The fair value is estimated to be €17.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 19%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
新しいナラティブ • Nov 07KKR Investment Fuels Growth While Transformations And CCS Initiatives Boost Long-term Earnings Potential Strategic investments and partnerships will drive growth, enhance production, and improve revenue streams while confirming value creation.
Recent Insider Transactions • Nov 07CEO, GM & Director recently sold €1.2m worth of stockOn the 31st of October, Claudio Descalzi sold around 89k shares on-market at roughly €13.96 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Claudio's only on-market trade for the last 12 months.
お知らせ • Nov 06Hilcorp Energy Company completed the acquisition of Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) for $1 billion.Hilcorp Energy Company signed binding agreement to acquire Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) on June 27, 2024. The value of the transaction will be announced upon its closing. The closing of this transaction is subject to appropriate regulatory approvals and other customary terms and conditions. David M. Castro, Jr., P.C, Chad M. Smith, P.C, R.J. Malenfant, Albert Y. Kim and Kelsey Laugel of Kirkland & Ellis LLP acted as legal advisor to Hilcorp Energy Company. Jefferies LLC acted as financial advisor to Eni S.p.A. (BIT:ENI). Hilcorp Energy Company completed the acquisition of Nikaitchuq and Oooguruk Assets in Alaska, US from Eni S.p.A. (BIT:ENI) for $1 billion on November 4, 2024. Eni will continue to be present in the USA in the upstream of Gulf of Mexico as well as in energy transition projects in the renewables, biofuels and magnetic fusion. The transaction has received the approval of all relevant authorities.
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €91.2b to €89.9b. EPS estimate also fell from €1.80 per share to €1.49 per share. Net income forecast to grow 122% next year vs 28% growth forecast for Oil and Gas industry in Italy. Consensus price target broadly unchanged at €16.54. Share price was steady at €13.99 over the past week.
