View Future GrowthEni 과거 순이익 실적과거 기준 점검 5/6Eni의 수입은 연평균 -10%의 비율로 감소해 온 반면, Oil and Gas 산업은 수입이 연평균 10.7% 증가했습니다. 매출은 연평균 2.4%의 비율로 증가해 왔습니다. Eni의 자기자본이익률은 6.1%이고 순이익률은 3.2%입니다.핵심 정보-9.96%순이익 성장률-7.91%주당순이익(EPS) 성장률Oil and Gas 산업 성장률27.84%매출 성장률2.38%자기자본이익률6.07%순이익률3.23%다음 순이익 업데이트29 Jul 2026최근 과거 실적 업데이트Reported 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.공시 • 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, 2026분석 기사 • 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...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.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.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.모든 업데이트 보기Recent updates속보 • May 21Eni Approves €4 Billion Buyback and Expands LNG and Battery Ventures Through 2027Shareholders approved a €4b share buyback program through April 2027, with an initial €2.8b tranche underway and up to 303 million shares eligible for repurchase, alongside a 2026 dividend of €1.10 per share and authorization for a potential extraordinary dividend. Eni invested US$70m for an 11.6% stake in Nouveau Monde Graphite, securing rights to negotiate graphite and active anode material supply for its Brindisi battery Gigafactory project. The company is expanding its gas and LNG footprint with intensified drilling in the Dutch North Sea and an evaluation of a third FLNG platform offshore Mozambique, following its Coral North FLNG decision. The mix of a sizeable buyback, confirmed dividend and ongoing LNG and gas projects shows Eni committing cash to both shareholder returns and longer-term energy and battery-materials projects at the same time. You may want to watch how execution risk, capital spending on new gas and battery initiatives, and future commodity price trends affect Eni’s cash generation and its ability to keep this level of shareholder distribution.내러티브 업데이트 • May 13ENI: Argentina LNG Progress And 2026 Distribution Plan Will Support Balanced OutlookAnalysts have adjusted their fair value estimate for Eni to €25.33 from €24.42, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Approved a distribution in place of the dividend for the 2026 financial year totaling €1.10 per share, to be paid from available reserves across four tranches in September 2026, November 2026, March 2027 and May 2027 (company announcement).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.공시 • 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.분석 기사 • 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...분석 기사 • 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.내러티브 업데이트 • 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).공시 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.새로운 내러티브 • 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?내러티브 업데이트 • 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.새로운 내러티브 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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).내러티브 업데이트 • 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).내러티브 업데이트 • 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).공시 • 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.내러티브 업데이트 • 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.공시 • 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, 2026내러티브 업데이트 • 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).내러티브 업데이트 • 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%).분석 기사 • 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.분석 기사 • 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...공시 • 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.내러티브 업데이트 • 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.분석 기사 • 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...공시 • 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.내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.분석 기사 • 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.내러티브 업데이트 • 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%).공시 • 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.분석 기사 • 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...분석 기사 • 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...공시 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...공시 • 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.공시 • 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).공시 • 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%).공시 • 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.공시 • 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.공시 • 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.새로운 내러티브 • 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.공시 • 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.매출 및 비용 세부 내역Eni가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BIT:ENI 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 2684,4792,7253,515031 Dec 2583,6042,3713,474030 Sep 2586,5562,6163,715030 Jun 2587,0262,3353,796031 Mar 2590,9612,4533,758031 Dec 2491,1662,4923,688030 Sep 2492,1912,4583,880030 Jun 2493,8253,8523,780031 Mar 2490,5803,4853,635031 Dec 2394,7894,6623,648030 Sep 23101,6075,1163,570030 Jun 23116,5269,0623,222031 Mar 23128,52312,5833,209031 Dec 22133,63913,7783,260030 Sep 22128,84316,6803,145030 Jun 22110,52812,0213,496031 Mar 2295,3598,4533,433031 Dec 2177,6645,7263,393030 Sep 2162,6201,5093,157030 Jun 2153,886-1973,078031 Mar 2145,650-4,8503,295031 Dec 2044,937-8,6353,289030 Sep 2049,314-9,7293,312030 Jun 2055,755-8,7033,467031 Mar 2066,174-3,8733,582031 Dec 1970,8891483,826030 Sep 1974,2522,4384,449030 Jun 1977,1993,4444,231031 Mar 1977,2184,2724,248031 Dec 1876,4844,1263,471030 Sep 1874,4075,7743,782030 Jun 1870,2824,5893,872031 Mar 1867,2243,3553,924001 Jan 1867,6893,3744,868030 Sep 1765,9061,6673,247030 Jun 1763,3187613,299031 Mar 1760,9502973,020031 Dec 1656,679-1,0513,793030 Sep 1654,910-9,8452,964030 Jun 1657,729-10,0663,042031 Mar 1664,592-9,1223,098031 Dec 1572,286-7,9523,088030 Sep 1567,362-3,072954030 Jun 1577,948-5751,4600양질의 수익: ENI는 고품질 수익을 보유하고 있습니다.이익 마진 증가: ENI의 현재 순 이익률 (3.2%)은 지난해 (2.7%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ENI는 지난 5년 동안 흑자전환하며 연평균 -10%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 ENI 의 수익 증가율(11.1%)은 연간 평균(-10%)을 초과합니다.수익 대 산업: ENI의 지난 1년 수익 증가율(11.1%)은 Oil and Gas 업계의 -9.2%를 상회했습니다.자기자본이익률높은 ROE: ENI의 자본 수익률(6.1%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 21:39종가2026/05/26 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Eni S.p.A.는 41명의 분석가가 다루고 있습니다. 이 중 20명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Francesco SalaBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)Francesco TaddeiBanca Akros S.p.A. (ESN)38명의 분석가 더 보기
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.
공시 • 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
분석 기사 • 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...
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.
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.
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.
속보 • May 21Eni Approves €4 Billion Buyback and Expands LNG and Battery Ventures Through 2027Shareholders approved a €4b share buyback program through April 2027, with an initial €2.8b tranche underway and up to 303 million shares eligible for repurchase, alongside a 2026 dividend of €1.10 per share and authorization for a potential extraordinary dividend. Eni invested US$70m for an 11.6% stake in Nouveau Monde Graphite, securing rights to negotiate graphite and active anode material supply for its Brindisi battery Gigafactory project. The company is expanding its gas and LNG footprint with intensified drilling in the Dutch North Sea and an evaluation of a third FLNG platform offshore Mozambique, following its Coral North FLNG decision. The mix of a sizeable buyback, confirmed dividend and ongoing LNG and gas projects shows Eni committing cash to both shareholder returns and longer-term energy and battery-materials projects at the same time. You may want to watch how execution risk, capital spending on new gas and battery initiatives, and future commodity price trends affect Eni’s cash generation and its ability to keep this level of shareholder distribution.
내러티브 업데이트 • May 13ENI: Argentina LNG Progress And 2026 Distribution Plan Will Support Balanced OutlookAnalysts have adjusted their fair value estimate for Eni to €25.33 from €24.42, citing updated assumptions for discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Approved a distribution in place of the dividend for the 2026 financial year totaling €1.10 per share, to be paid from available reserves across four tranches in September 2026, November 2026, March 2027 and May 2027 (company announcement).
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.
공시 • 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.
분석 기사 • 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...
분석 기사 • 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.
내러티브 업데이트 • 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).
공시 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
새로운 내러티브 • 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?
내러티브 업데이트 • 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.
새로운 내러티브 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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).
내러티브 업데이트 • 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).
내러티브 업데이트 • 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).
공시 • 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.
내러티브 업데이트 • 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.
공시 • 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
내러티브 업데이트 • 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).
내러티브 업데이트 • 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%).
분석 기사 • 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.
분석 기사 • 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...
공시 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
공시 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
분석 기사 • 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.
내러티브 업데이트 • 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%).
공시 • 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.
분석 기사 • 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...
분석 기사 • 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...
공시 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
공시 • 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.
공시 • 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).
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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.
새로운 내러티브 • 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.
공시 • 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.
