BIT:ENIOil and Gas
A Look At Eni (BIT:ENI) Valuation After Refinery Spin Out To Eni Industrial Evolution
Eni (BIT:ENI) has just carved out its traditional refineries and depots into a new entity, Eni Industrial Evolution S.p.A., effective 1 January 2026. The move aims to achieve simpler governance, faster decisions, and tighter alignment with its decarbonization plans.
See our latest analysis for Eni.
The refinery spin out comes after a mixed period for the shares, with a 5.2% 90 day share price return and year to date weakness. At the same time, the 1 year total shareholder return of 22.9% and...