Eni S.p.A. (E) Research
Eni S.p.A. is an international energy company primarily engaged in the discovery, development, and extraction of crude oil and natural gas resources. Its operations are organized into distinct divisions: Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude and Power; and Corporate and Other activities. The Exploration & Production division is responsible for the research, development, and output of oil, condensates, and natural gas, additionally undertaking initiatives in forestry conservation and carbon dioxide capture and storage. Its Global Gas & LNG Portfolio division oversees the procurement and wholesale distribution of natural gas via pipelines, including international transport, along with the acquisition and sale of liquefied natural gas (LNG). The Refining & Marketing and Chemicals segment manages the processing, supply, distribution, and commercialization of various fuels and chemical products. The Plenitude and Power segment, formerly known as Eni gas e luce, handles the retail provision of gas and electricity, alongside related services, and is involved in generating and wholesaling electricity from both thermoelectric and renewable power facilities. As of December 31, 2021, the company declared net proved reserves totaling 6,628 million barrels of oil equivalent and possessed an operational capacity of 4.5 gigawatts (GW). Established in 1953, Eni's corporate headquarters are situated in Rome, Italy.
Market snapshot
- Symbol
- E
- Price
- $48.95
- Day change
- -1.59%
- Market cap
- $63.4B
- P/E ratio
- 27.05x
- 52-week range
- 31.86-58
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Next earnings
- in 1 month
- Analyst price target
- $64.30
Recent news
- Italy's top court clears Milan prosecutors in Eni Nigeria case
Italy's top court on Thursday fully acquitted two Milan prosecutors accused of failing to file documents that could have supported energy group Eni's position in an international corruption case.
- Italy's Eni, Hera complete €100-million environmental hub in Ravenna
Italian energy group Eni and local utility Hera said on Tuesday they had completed a €100-million ($116 million) environmental hub in Ravenna, northeast Italy, for circular economy activities and industrial waste management.
- Eni and Petronas launch gas joint venture in Southeast Asia
Italy's Eni and Malaysia's Petronas have established Searah, a 50-50 joint venture combining key energy businesses across Indonesia and Malaysia, the two companies said on Monday.
Peer companies
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