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ENI S.p.A. (IT:ENI)
:ENI

ENI S.p.A. (ENI) AI Stock Analysis

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IT:ENI

ENI S.p.A.

(ENI)

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Neutral 63 (OpenAI - 4o)
Rating:63Neutral
Price Target:
€17.00
▲(8.70% Upside)
ENI S.p.A.'s overall stock score is primarily influenced by its stable financial performance and attractive valuation. However, technical analysis indicates potential overbought conditions, which could pose short-term risks. The lack of recent earnings call data and corporate events limits additional insights into the company's strategic direction.
Positive Factors
Integrated Business Model
ENI's integrated business model enhances operational efficiency and resilience by covering exploration, production, refining, and distribution, providing a competitive edge in the volatile energy sector.
Diverse Revenue Streams
Diverse revenue streams from traditional and renewable energy sources position ENI to adapt to industry shifts towards sustainability, ensuring long-term growth potential.
Balanced Leverage
A balanced debt-to-equity ratio reflects prudent financial management, providing ENI with flexibility to invest in growth opportunities while maintaining financial stability.
Negative Factors
Declining Revenue Growth
Declining revenue growth suggests market or operational challenges, which could hinder ENI's ability to expand and compete effectively in the long term.
Free Cash Flow Decline
A decline in free cash flow growth limits ENI's capacity to fund new projects or service debt, potentially impacting future financial flexibility and investment capability.
Modest Return on Equity
A modest return on equity indicates that ENI may not be maximizing shareholder value, suggesting inefficiencies in capital allocation or operational execution.

ENI S.p.A. (ENI) vs. iShares MSCI Italy ETF (EWI)

ENI S.p.A. Business Overview & Revenue Model

Company DescriptionENI S.p.A. is a global energy company based in Italy, engaged in the exploration, production, and distribution of oil and natural gas. The company operates across several sectors, including upstream (exploration and production), midstream (transportation and storage), and downstream (refining, marketing, and distribution of petroleum products). ENI is also involved in renewable energy initiatives and offers various energy-related services, positioning itself as a comprehensive player in the energy market.
How the Company Makes MoneyENI generates revenue primarily through its upstream activities, which include the exploration and production of crude oil and natural gas. This segment is heavily influenced by global commodity prices, and ENI earns significant income from sales of oil and gas to major markets. Additionally, the company profits from its downstream operations, including refining crude oil into petroleum products and marketing these products to consumers and businesses. ENI also engages in midstream activities, earning money from transportation and storage services. The company has established strategic partnerships and joint ventures with other energy firms, which can enhance its operational efficiency and market reach. Furthermore, ENI is investing in renewable energy projects, diversifying its revenue streams and positioning itself for future growth in the evolving energy landscape.

ENI S.p.A. Financial Statement Overview

Summary
ENI S.p.A. demonstrates a stable financial foundation with moderate profitability and efficient operations. However, declining revenue and free cash flow growth pose challenges. The company maintains a balanced leverage position, but there is potential for enhancing shareholder returns. Overall, ENI needs to address revenue growth and cash flow generation to strengthen its financial standing.
Income Statement
65
Positive
ENI S.p.A. shows moderate profitability with a gross profit margin of 17.17% and a net profit margin of 2.91% in the TTM period. However, the company faces challenges with a declining revenue growth rate of -3.33% TTM, indicating potential market or operational pressures. The EBIT and EBITDA margins are relatively healthy at 13.46% and 25.70% respectively, suggesting efficient operational management despite revenue pressures.
Balance Sheet
70
Positive
The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.70, indicating a balanced approach to leveraging. The return on equity is modest at 4.80% TTM, suggesting room for improvement in generating returns for shareholders. The equity ratio stands at 36.51%, highlighting a solid equity base relative to total assets.
Cash Flow
60
Neutral
Cash flow analysis reveals a decline in free cash flow growth by -21.57% TTM, which could impact future investments or debt servicing. The operating cash flow to net income ratio is 0.36, indicating that operating cash flow adequately covers net income. However, the free cash flow to net income ratio of 0.34 suggests limited cash flow available after capital expenditures.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue87.03B91.17B94.79B133.64B77.66B44.94B
Gross Profit17.91B20.38B21.27B31.48B22.43B11.77B
EBITDA12.63B15.19B16.73B25.20B18.55B7.91B
Net Income2.47B2.62B4.77B13.89B5.82B-8.63B
Balance Sheet
Total Assets136.21B146.95B142.61B152.17B137.76B109.65B
Cash, Cash Equivalents and Short-Term Investments16.60B14.98B16.98B18.41B14.55B14.91B
Total Debt34.87B34.97B39.14B31.87B33.13B31.70B
Total Liabilities82.81B91.26B88.96B96.94B93.25B72.16B
Stockholders Equity49.74B52.83B53.18B54.76B44.44B37.41B
Cash Flow
Free Cash Flow4.28B5.09B5.90B5.04B7.63B190.00M
Operating Cash Flow12.52B13.09B15.12B5.82B12.86B4.82B
Investing Cash Flow-8.52B-9.82B-9.37B-3.71B-12.02B-4.59B
Financing Cash Flow-4.89B-5.38B-5.67B-8.63B-2.04B3.25B

ENI S.p.A. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price15.64
Price Trends
50DMA
15.66
Negative
100DMA
15.10
Positive
200DMA
14.00
Positive
Market Momentum
MACD
0.01
Positive
RSI
40.86
Neutral
STOCH
6.20
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ENI, the sentiment is Neutral. The current price of 15.64 is below the 20-day moving average (MA) of 15.98, below the 50-day MA of 15.66, and above the 200-day MA of 14.00, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 6.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:ENI.

ENI S.p.A. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
€18.13B10.0112.14%4.42%-11.36%-20.23%
75
Outperform
€298.04M17.107.52%2.89%17.30%18.72%
72
Outperform
€18.73B13.4117.62%5.20%-8.04%30.49%
72
Outperform
€17.86B16.1519.67%4.46%10.18%8.43%
66
Neutral
€4.58B13.8913.05%7.30%18.52%29.29%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
63
Neutral
€47.60B17.255.51%6.52%-5.46%13.79%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:ENI
ENI S.p.A.
15.72
3.81
31.98%
IT:SRG
SNAM S.p.A.
5.58
1.60
40.02%
IT:TEN
Tenaris
16.45
-0.71
-4.14%
IT:TRN
Terna S.p.A.
8.88
1.63
22.58%
IT:SPM
Saipem SpA
2.33
-0.11
-4.58%
IT:GSP
Gas Plus S.p.A.
6.84
4.44
185.24%

ENI S.p.A. Corporate Events

ENI S.p.A. Announces Share Assignments to Executives and Employees
Dec 4, 2025

ENI S.p.A. announced the free assignment of ordinary shares to its executives and employees as part of its Long-Term Incentive Plan 2020-2022 and Employee Stock Ownership Plan. These transactions are part of ENI’s strategic initiatives to incentivize and reward its workforce, potentially impacting employee motivation and aligning interests with company performance.

Eni S.p.A. Advances Share Buyback Program with Latest Acquisition
Nov 26, 2025

Eni S.p.A. announced the purchase of 604,654 of its own shares on November 17, 2025, as part of its ongoing buyback program. This acquisition represents 0.02% of its share capital, with a total value of approximately 10 million euros. Since the program’s inception in May 2025, Eni has repurchased 81.6 million shares, equating to 2.59% of its share capital, for over 1.19 billion euros. This strategic move is part of Eni’s efforts to enhance shareholder value and optimize its capital structure.

ENI S.p.A. Allocates Shares Under Long-term Incentive Plan
Nov 5, 2025

ENI S.p.A. announced the free allocation of ordinary shares to Francesco Esposito, a key managerial figure, as part of its 2020-2022 long-term incentive plan. This transaction, which includes a subsequent sale to cover taxes, reflects ENI’s commitment to rewarding its personnel and aligns with its strategic financial management, potentially impacting its market positioning and stakeholder relations.

ENI S.p.A. Reports Strong Q3 2025 Results Amid Strategic Advancements
Oct 24, 2025

ENI S.p.A. reported strong third-quarter results for 2025, driven by strategic execution, volume growth, and cost efficiencies. The company increased its annual cash generation estimate and expanded its share buyback program, reflecting a solid capital structure. Significant developments in ENI’s upstream business include a 6% production growth, the final investment decision for the Coral North FLNG project in Mozambique, and the sale of a stake in the Baleine oil project in Ivory Coast. ENI continues to advance its energy transition strategy with industrial conversions and investments in renewable capacity, while also forming a partnership with GIP for CO2 capture and storage. Despite weaker crude oil prices, ENI’s financial performance remains robust, with increased operating cash flow and reduced debt, underscoring the effectiveness of its strategic initiatives.

Eni Approves Second Tranche of 2025 Dividend Provision
Oct 23, 2025

Eni’s Board of Directors has approved the distribution of the second tranche of the 2025 dividend provision, amounting to €0.26 per share, with payments scheduled for late November 2025. This decision aligns with the resolutions made during the Shareholders’ Meeting in May 2025 and reflects Eni’s commitment to providing consistent returns to its shareholders.

Eni S.p.A. Advances Share Buyback Program with Recent Purchase
Oct 15, 2025

Eni S.p.A. has recently purchased 3,283,799 of its own shares, representing 0.10% of its share capital, at an average price of 15.2263 euros per share, totaling nearly 50 million euros. This transaction is part of a broader buyback program initiated in May 2025, through which Eni has acquired over 65 million shares, equating to 2.07% of its share capital, underscoring its commitment to enhancing shareholder value.

Eni S.p.A. Expands Treasury Share Buyback Program
Oct 1, 2025

Eni S.p.A. has recently acquired 2,129,963 treasury shares on the Euronext Milan, representing 0.07% of its share capital, at an average price of 15.0237 euros per share. This purchase is part of a larger buyback program initiated on May 20, 2025, which has seen the company acquire a total of 59,064,027 shares, equal to 1.88% of its share capital, for over 840 million euros. The acquisition of these shares is likely to enhance shareholder value and reflects Eni’s strategic focus on optimizing its capital structure.

Eni S.p.A. Advances Share Buyback Program with Recent Purchase
Sep 24, 2025

Eni S.p.A. announced the purchase of 537,858 of its own shares on September 15, 2025, as part of its ongoing buyback program. This transaction, valued at approximately 8 million euros, reflects Eni’s strategic initiative to manage its share capital and enhance shareholder value, holding now 4.72% of its share capital in treasury shares.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 12, 2025