Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Eni gas e luce, Power & Renewables; and Corporate and Other activities segments. The Exploration & Production segment is involved in the research, development, and production of oil, condensates and natural gas; and forestry conservation and CO2 capture and storage projects. The Global Gas & LNG Portfolio segment engages in the supply and wholesale of natural gas by pipeline, international transport; and purchase and marketing of LNG. The Refining & Marketing and Chemicals segment is involved in the processing, supply, distribution, and marketing of fuels and chemicals. The Eni gas e luce, Power & Renewables segment engages in the retail sales of gas, electricity, and related activities, as well as in the production and wholesale of electricity produced by thermoelectric and renewable plants. As of December 31, 2020, it had net proved reserves of 6,905 million barrels of oil equivalent; and installed operational capacity of 4.6 GW. The company was founded in 1953 and is headquartered in Rome, Italy.
IPO Year:
Exchange: NYSE
Website: eni.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | Buy | Jefferies | |
| 9/23/2024 | Outperform → Mkt Perform | Bernstein | |
| 9/13/2024 | Underperform → Neutral | Exane BNP Paribas | |
| 8/29/2024 | Equal-Weight → Overweight | Morgan Stanley | |
| 7/29/2024 | Sector Perform → Outperform | RBC Capital Mkts | |
| 7/19/2024 | Buy → Hold | Stifel | |
| 7/3/2024 | Equal-Weight | Morgan Stanley | |
| 6/25/2024 | Neutral → Buy | Redburn Atlantic | |
| 3/20/2024 | Buy → Hold | Berenberg | |
| 9/22/2023 | Neutral → Overweight | JP Morgan |
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6-K - ENI SPA (0001002242) (Filer)
6-K - ENI SPA (0001002242) (Filer)
AMSTERDAM, Jan. 15, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the appointment of Leonid Boguslavsky to the Group's Board of Directors. Mr. Boguslavsky joins following the departure Mr. de Beer, who stepped down in December 2020 Mr. Boguslavsky is the founder of RTP Global, an early-stage venture capital firm with a strong track record of investing in technology, and is considered a pioneer of IT and internet tech investment. As an investor, he is involved with some of the world's most successful companies, including Yandex, Ozon, Delivery Hero, RingCentral, EPAM and Datadog among many
Jefferies resumed coverage of Eni S.p.A. with a rating of Buy
Bernstein downgraded Eni S.p.A. from Outperform to Mkt Perform
Exane BNP Paribas upgraded Eni S.p.A. from Underperform to Neutral
Morgan Stanley upgraded Eni S.p.A. from Equal-Weight to Overweight
RBC Capital Mkts upgraded Eni S.p.A. from Sector Perform to Outperform
Stifel downgraded Eni S.p.A. from Buy to Hold
Morgan Stanley resumed coverage of Eni S.p.A. with a rating of Equal-Weight
Redburn Atlantic upgraded Eni S.p.A. from Neutral to Buy
Berenberg downgraded Eni S.p.A. from Buy to Hold
JP Morgan upgraded Eni S.p.A. from Neutral to Overweight
Eni S.p.A. (NYSE:E) disclosed securing a temporary exclusivity agreement with KKR & Co. Inc. (NYSE:KKR) to advance due diligence and finalize documents for selling a 20% to 25% stake in Enilive, based on a valuation between €11.5 billion and €12.5 billion. This move supports Eni’s satellite model strategy, attracting valuable new partners and funding growth at favorable multiples, confirming the value of these new ventures. The high interest from major institutional investors may result in the sale of an additional 10% stake in Enilive. While the final deal depends on agreeing to definitive terms, both parties are committed to negotiating. Also Read: Eni Sells Alaskan Upstream As
Eni and ITQuanta have agreed to form a joint venture, Eniquantic1, with the aim of developing an integrated hardware and software quantum machine2 capable of solving complex problems (mathematical optimisation, modelling and simulation, artificial intelligence) and initiating specific and significant quantum computing applications to support the energy transition.
- Reuters
https://www.bloomberg.com/news/articles/2024-07-01/italian-oil-major-eni-eyes-over-4-billion-in-upstream-asset-sale-plan?srnd=homepage-europe#:~:text=Italian%20energy%20group%20Eni%20SpA,over%20the%20next%20three%20years.
Eni S.p.A. (NYSE:E) extended its long-term agreement with Vår Energi ASA. As per the agreement, Vår Energi will supply up to five billion cubic meters (bcm) of gas to Eni between 2024 and 2036. Vår Energi will make deliveries to the gas terminals in Emden and Dornum, Germany, and pricing will be based on market terms. This agreement complements the recently announced gas sales contract with VNG, per a statement from Vår Energi. Vår Energi’s CEO, Nick Walker, stated, “The agreement with Eni, being confirmed shortly after a similar signing with VNG, is yet another strong testimony of Vår Energi’s commitment to being a stable and reliable energy supplier to key European markets.” “As
Eni S.p.A. (NYSE:E) shares are trading higher after the company finalized a binding agreement with Hilcorp to sell complete ownership of the Nikaitchuq and Oooguruk assets in Alaska. The value of the transaction will be announced upon its closing. This transaction aligns with Eni’s strategy to streamline upstream activities, rebalance its portfolio, and divest non-strategic assets. Eni’s financial framework supports its growth-oriented strategy, aiming for a front-end loaded net portfolio inflow of ~$8.5 billion (8 billion euros) over the 2024-27 Plan. The company plans to achieve this by upgrading the Upstream portfolio, reducing high equity ownership in exploration discoveries, an
Redburn Atlantic analyst Peter Low upgrades Eni (NYSE:E) from Neutral to Buy.
- Reuters
Exxon Mobil Corporation (NYSE:XOM) is renewing a 33-year-old lease on its expansive offices in Lagos’s upscale Lekki district. The lease was set to expire on Friday. The move comes after it plans to scale down operations in Nigeria, reported Reuters. Exxon is relocating staff from its 12-floor Mobil House, reportedly leased at $10 million annually, to a six-floor office building 22 kilometers away in the Ikoyi area. The new office is said to accommodate half the personnel working at the former offices. Earlier this month, Exxon said an asset sale to Seplat Energy (OTC:SEPLF) could be approved in less than two weeks and currently nearing closure. Shell plc (NYSE:SHEL), Total
Oil prices had their strongest session in over two months Tuesday, with West Texas Intermediate (WTI) light crude climbing 2% to $80 a barrel, and Brent crude rising 1.7% to $84 a barrel. The surge in prices is attributed to the anticipation of increased demand with the start of the driving season and ongoing supply constraints. The market expects that OPEC+ will maintain its voluntary output cuts of 2.2 million barrels per day into the second half of the year during its upcoming June 2 meeting. The United States Oil Fund (NYSE:USO), which tracks the WTI price, rose 3%, factoring in Monday’s oil performance while U.S. markets were closed for Memorial Day. Energy stocks also rallied
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com DENVER, July 29, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver – The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies (listed below). The energy investment community and industry professionals are encouraged to register now for EnerCom Denver, which will take place August 18–21, 2024, at the Westin Denver Downtown. There is no cost to register for the conference
SLB will deliver measurement plans for Eni aligned to the United Nations' OGMP 2.0 reporting standards for methane emissions SLB (NYSE:SLB) announced today that its End-to-end Emissions Solutions business (SEES) has been selected by integrated energy company Eni (NYSE:E) to deliver comprehensive fugitive methane emissions measurement and reporting plans for Eni's global operating facilities. The project, which is already in progress, aligns with the reporting standards of the Oil & Gas Methane Partnership 2.0 (OGMP 2.0)—the flagship methane reporting and mitigation program of the United Nations Environment Programme (UNEP). It aims to provide Eni with an accurate account of its fugitive
LANHAM, Md., Jan. 28, 2021 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU) announced today that it will report its fourth quarter and full year 2020 financial results on Thursday, February 11, 2021. Christopher "Chip" Paucek, Co-Founder and Chief Executive Officer, and Paul Lalljie, Chief Financial Officer, will hold an audio webcast and conference call at 4:30 p.m. ET to discuss the results. To access the live webcast, visit investor.2u.com. To participate in the conference call by telephone in the U.S., dial 1-833-900-2243, or outside of the U.S., dial 1-236-714-2729, and provide the conference ID number 5949476. A recording of the webcast will be posted to 2U's Investor Relations site as soon
PALM BEACH, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) -- BurgerFi International Inc. (Nasdaq: BFI, BFIIW), one of the fastest growing better burger chains, that went public last month, is reporting preliminary financial results for the fourth quarter ended December 31, 2020. The preliminary results are subject to completion of BurgerFi’s annual financial reporting process and the preparation of the audited financial statements for the calendar year. BurgerFi currently expects total revenue for the fourth quarter of 2020 to be approximately $9.0 million compared to $8.9 million in the fourth quarter of 2019. The expected total revenue for the year ended December 31, 2020 was approxi
Restaurants to Offer $10 TriFi Meal (Cheeseburger, Fries & Beer) to Celebrate Paying homage to the first location, Lauderdale-by-the-Sea will recognize February 5th as BurgerFi Day PALM BEACH, Fla., Jan. 26, 2021 (GLOBE NEWSWIRE) -- “RedeFining” the way the world eats burgers for a decade, BurgerFi International Inc. (Nasdaq: BFI, BFIIW), is celebrating its 10th anniversary on February 5, 2021. The better-burger restaurant is coming off an exciting year of growth having ended the year by becoming a publicly traded company on the Nasdaq stock exchange and being named QSR Magazine’s Breakout Brand of the Year. “BurgerFi’s foundation, concept and core values are a few of the many factors
NEW YORK & LONDON & PARIS--(BUSINESS WIRE)--Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM) ) (“Aptorum Group” or “Aptorum”), a biopharmaceutical company focused on novel technologies including the targeting of infectious diseases, announced that the company, through its wholly owned subsidiary, Aptorum International Limited, has received clearance from the Public Health Agency of Canada (Health Canada) regarding the Clinical Trial Application (CTA) to commence a Phase 1 study of ALS-4, an orally administered small molecule drug intended to treat infections caused by Staphylococcus aureus including MRSA. Dr. Clark Cheng, Chief Medical Officer and Executive Director of Apto
AMSTERDAM, Jan. 15, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the appointment of Leonid Boguslavsky to the Group's Board of Directors. Mr. Boguslavsky joins following the departure Mr. de Beer, who stepped down in December 2020 Mr. Boguslavsky is the founder of RTP Global, an early-stage venture capital firm with a strong track record of investing in technology, and is considered a pioneer of IT and internet tech investment. As an investor, he is involved with some of the world's most successful companies, including Yandex, Ozon, Delivery Hero, RingCentral, EPAM and Datadog among many
BOSTON, Jan. 12, 2021 /PRNewswire/ -- The below information corrects and replaces the press release issued on January 8, 2021. In connection with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of certain Eaton Vance closed-end funds (each, a "Fund" and, collectively, the "Funds") were asked to approve new investment advisory agreements and, where applicable, new investment sub-advisory agreements for the Funds at a joint special meeting of shareholders held on January 7, 2021 (the "Meeting"). At the Meeting, shareholders of the below-listed Funds approved new investment advisory agreements and, where applica
NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: 1life Healthcare (NASDAQ: ONEM), Skylight Health Group (TSX.V: SHG) (OTC: SHGFF) Teladoc Health (NYSE: TDOC), and Veeva Systems (NYSE: VEEV). The US healthcare market is estimated at $2.8 trillion - and the largest in the world. Fast moving innovators are now driving a transformation wave - and creating new opportunities for investors. Wall Street Reporter highlights the latest comments from industry thought leaders: 1life Healthcare (NASDAQ: ONEM) Chairman & CEO, Amir Rubin: “New Market Expansi
NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: GAN Limited (NASDAQ: GAN), FansUnite (OTC: FUNFF) (CSE: FANS), DraftKings Inc. (NASDAQ: DKNG) and fuboTV (NYSE: FUBO). Multiple trends are converging, creating massive opportunities for the new paradigm of wagering. As millions of millennial consumers embrace online sports betting, esports, and I-Gaming - governments are increasingly eager to legalize, and drive desperately needed tax revenues. Online sports betting is emerging as the dominant growth theme of the decade, with billions of dollars in reven