Eni (ENXTBR:ENIT) - Stock Price, News & Analysis

ENIT Stock Overview

Eni S.p.A. operates as an integrated energy company worldwide.

ENIT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (5.3x) is below the Belgian market (13.4x)

Risk Analysis

Earnings are forecast to decline by an average of 11.4% per year for the next 3 years

Unstable dividend track record

Eni S.p.A. Competitors

Suncor Energy

TSX:SU

CA$67.4b

Cenovus Energy

TSX:CVE

CA$53.1b

Imperial Oil

TSX:IMO

CA$50.6b

Oil and Natural Gas

NSEI:ONGC

₹3.4t

Price History & Performance

Summary of all time highs, changes and price drops for Eni
Historical stock prices
Current Share Price	€15.35
52 Week High	€16.00
52 Week Low	€11.31
Beta	1.16
1 Month Change	6.13%
3 Month Change	17.66%
1 Year Change	30.22%
3 Year Change	120.23%
5 Year Change	-6.97%
Change since IPO	11.23%

Recent updates

Shareholder Returns

	ENIT	BE Oil and Gas	BE Market
7D	0.8%	-0.5%	-0.7%
1Y	30.2%	8.2%	-5.4%

Return vs Industry: ENIT exceeded the Belgian Oil and Gas industry which returned -14% over the past year.

Return vs Market: ENIT exceeded the Belgian Market which returned 0.1% over the past year.

Price Volatility

Is ENIT's price volatile compared to industry and market?
ENIT volatility
ENIT Average Weekly Movement	4.0%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	3.7%
10% most volatile stocks in BE Market	7.9%
10% least volatile stocks in BE Market	2.5%

Stable Share Price: ENIT has not had significant price volatility in the past 3 months.

Volatility Over Time: ENIT's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1953	32,324	Claudio Descalzi	www.eni.com

Eni S.p.A. operates as an integrated energy company worldwide. It engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.

Eni S.p.A. Fundamentals Summary

How do Eni's earnings and revenue compare to its market cap?
ENIT fundamental statistics
Market cap	€48.78b
Earnings (TTM)	€9.06b
Revenue (TTM)	€116.53b

5.3x

P/E Ratio

0.4x

P/S Ratio

Is ENIT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENIT income statement (TTM)
Revenue	€116.53b
Cost of Revenue	€91.88b
Gross Profit	€24.64b
Other Expenses	€15.58b
Earnings	€9.06b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Oct 27, 2023

Earnings per share (EPS)	2.77
Gross Margin	21.15%
Net Profit Margin	7.78%
Debt/Equity Ratio	51.8%

How did ENIT perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

34%

Payout Ratio

ENIT Stock Overview

Rewards

Risk Analysis

Eni S.p.A. Competitors

TSX:SU

CA$67.4b

TSX:CVE

CA$53.1b

TSX:IMO

CA$50.6b

NSEI:ONGC

₹3.4t

Price History & Performance

Recent News & Updates

Ithaca Energy Enters into Exclusivity Agreement for Potential Transformational Combination with Eni's UK Business

Eni S.p.A. (BIT:ENI) completed the acquisition of Global Business of Neptune Energy Group Limited.

Eni S.p.A., Annual General Meeting, May 15, 2024

Eni in Talks to Sell Plenitude Stake, IPO Will Follow

Upcoming dividend of €0.24 per share at 6.5% yield

Oando PLC (NGSE:OANDO) signed an agreement to acquire Nigerian Agip Oil Company Ltd. from Eni S.p.A. (BIT:ENI).

Recent updates

Ithaca Energy Enters into Exclusivity Agreement for Potential Transformational Combination with Eni's UK Business

Eni S.p.A. (BIT:ENI) completed the acquisition of Global Business of Neptune Energy Group Limited.

Eni S.p.A., Annual General Meeting, May 15, 2024

Eni in Talks to Sell Plenitude Stake, IPO Will Follow

Upcoming dividend of €0.24 per share at 6.5% yield

Oando PLC (NGSE:OANDO) signed an agreement to acquire Nigerian Agip Oil Company Ltd. from Eni S.p.A. (BIT:ENI).

Eni S.p.A. Provides Production Guidance for the Third Quarter and Year 2023

Second quarter 2023 earnings released: EPS: €0.088 (vs €1.08 in 2Q 2022)

Eni in Advanced Talks to Sell Minority Stake in Low-Carbon Unit

Eni S.p.A. (BIT:ENI) agreed to acquire unknown majority stake in Chevron Assets in Indonesia.

Eni S.p.A. acquired Two photovoltaic assets in Albacete of Helios Energy Investments from Helios Energy Investments for approximately €120 million.

Eni Wants to Reduce Oil Exposure with Asset Sales

Perenco Holdings agreed to acquire Interest in several permits in Congo from Eni S.p.A. (BIT:ENI) for approximately $300 million.

Eni S.p.A. (BIT:ENI) reached an agreement to acquire Global Business of Neptune Energy Group Limitedon for an enterprise value of CAD 2.6 billion.

EIP Reportedly in Talks to Buy Stake in Eni's Renewables Business

Eni Reportedly Extends Talks with Investors on Potential Plenitude Stake Sale

Eni Reportedly Enters Exclusive Talks to Acquire Neptune Energy

Eni S.p.A. (BIT:ENI) commences an Equity Buyback Plan for 337,000,000 shares, for €3,500 million, under the authorization approved on May 10, 2023.

Upcoming dividend of €0.22 per share at 6.6% yield

Eni S.p.A. Appoints Claudio Descalzi as Chief Executive Officer

Full year 2022 earnings released: EPS: €3.96 (vs €1.61 in FY 2021)

Now 21% undervalued after recent price drop

CEO, GM & Director recently bought €203k worth of stock

Full year 2022 earnings released: EPS: €3.96 (vs €1.61 in FY 2021)

Now 21% undervalued after recent price drop

Eni Reportedly Discussing Green Unit Stake Sale with Norwegian Fund

Now 22% undervalued

Eni S.p.A., Annual General Meeting, May 10, 2023

Snam S.p.A. (BIT:SRG) completed the acquisition of a 49.9% stake in Two gas pipelines from Eni S.p.A. (BIT:ENI) for approximately €410 million.

Now 21% undervalued

Plenitude Reportedly Close to Buying PLT Energia

Upcoming dividend of €0.22 per share

CEO, GM & Director recently sold €810k worth of stock

Eni S.P.A. Announces Approval of 2022 Second Tranche of Dividend, Payable on 23 November 2022

Third quarter 2022 earnings released: EPS: €1.68 (vs €0.34 in 3Q 2021)

PTTEP MENA Limited agreed to acquire 25% stake in Sharjah Onshore Area A exploration block from Eni S.p.A.

Upcoming dividend of €0.22 per share

BP p.l.c. (LSE:BP.) agreed to acquire BP's Business in Algeria from BP p.l.c. (LSE:BP.)

BP p.l.c. (LSE:BP.) agreed to acquire BP's Business in Algeria from BP p.l.c. (LSE:BP.)

Now 21% undervalued after recent price drop

Eni S.p.A. Announces Approval of 2022 First Tranche of Dividend, Payable on 21 September 2022

Shareholder Returns

Price Volatility

About the Company

Eni S.p.A. Fundamentals Summary

5.3x

0.4x

Earnings & Revenue

Dividends

6.5%

34%