BIT:ENIOil and Gas
Can Eni (BIT:ENI) Justify Its Valuation Following Baleine Expansion And BMW HVO Deal?
Eni (BIT:ENI) is back in focus after approving a $4 billion third phase of its Baleine offshore project in Ivory Coast and expanding a renewable HVO biofuel partnership with BMW’s European corporate fleets.
See our latest analysis for Eni.
Despite the latest Baleine investment and HVO biofuel agreement with BMW grabbing attention, Eni’s share price has eased over the past quarter, even though the year-to-date share price return is 29.87% and the 1-year total shareholder return is 58.32%,...