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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 S.p.A.

(LSE:ENI)

67Neutral
ENI S.p.A. achieves a solid overall stock score, driven by its strong financial performance and attractive dividend yield. The company faces challenges in revenue growth and market momentum, as indicated by mixed technical indicators. The valuation appears reasonable, making it potentially appealing to income-focused investors. The absence of recent earnings call data or corporate events limits additional insights into the company's current operational strategies.
Positive Factors
Cleaner Energy Investments
Eni is capitalizing on the growing demand for cleaner energy sources by investing heavily in wind, solar and biofuels.
Shareholder Returns
Eni intends to raise the 2025 dividend by 5% to €1.05/share, showing a commitment to rewarding shareholders.
Negative Factors
Earnings Growth Concerns
Earnings growth is likely to be a concern, with drag from oil prices as well as weak refining and chemicals market.
Oil Price Volatility
The primary risk is the volatility of natural gas and crude oil prices which can significantly impact earnings and cash flow.

ENI S.p.A. (ENI) vs. S&P 500 (SPY)

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

Company DescriptionEni 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; Plenitude and Power; 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, 2021, it had net proved reserves of 6,628 million barrels of oil equivalent; and installed operational capacity of 4.5 GW. The company was founded in 1953 and is headquartered in Rome, Italy.
How the Company Makes MoneyENI S.p.A. generates revenue primarily through the exploration and production of oil and natural gas, which it sells in the global market. The company's upstream segment involves the extraction of crude oil and natural gas, which are then sold to refineries or third parties. ENI's downstream operations include refining crude oil into various petroleum products and marketing these products to consumers and businesses. Additionally, ENI invests in renewable energy projects and generates income through its power generation and chemical production activities. Strategic partnerships and joint ventures with other energy companies also play a significant role in enhancing ENI's operational capabilities and revenue potential.

ENI S.p.A. Financial Statement Overview

Summary
ENI S.p.A. exhibits strong financial health with robust profitability and a stable balance sheet. The company faces revenue growth challenges, but maintains efficiency in operations and prudent financial leverage. Cash flow management appears effective, although there is room for improvement in capital expenditure control. Overall, ENI's financial statements reflect a company that is managing well in a volatile industry environment.
Income Statement
ENI S.p.A. has demonstrated solid profitability with a consistent gross profit margin, though it has slightly decreased in the TTM period to 12.5% from 22.2% in the previous year. The net profit margin in the TTM period is 2.93%, showing a decline from 2.90% in the previous year. Revenue has seen fluctuations, with a decrease in the TTM period compared to the previous annual report, indicating potential challenges in maintaining revenue growth. EBITDA and EBIT margins remain healthy, indicating operational efficiency.
Balance Sheet
80
The balance sheet reflects a strong equity position with a total debt-to-equity ratio of 0.67 in the TTM period, down from 0.70, indicating prudent financial leverage. The equity ratio stands at 37.08%, showcasing a stable financial structure. Return on equity in the TTM period is 4.86%, slightly down from 5.00% in the previous year, suggesting stable profitability with minor fluctuations.
Cash Flow
The cash flow statement reveals a robust free cash flow generation of €5,363 million in the TTM period, slightly higher than the previous year's €5,093 million. The operating cash flow to net income ratio is strong at 5.18, indicating efficient cash generation relative to earnings. However, the free cash flow to net income ratio decreased to 2.06 from 1.93, suggesting a need for careful capital expenditure management.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
91.21B93.72B132.51B76.58B43.99B
Gross Profit
20.25B13.47B22.78B13.96B3.13B
EBIT
5.25B9.75B17.51B12.34B-3.27B
EBITDA
16.82B17.76B28.52B19.86B3.60B
Net Income Common Stockholders
2.62B4.77B13.89B5.82B-8.63B
Balance SheetCash, Cash Equivalents and Short-Term Investments
14.98B16.98B19.91B18.86B15.17B
Total Assets
146.95B142.61B152.17B137.76B109.65B
Total Debt
34.97B39.14B31.87B33.13B31.70B
Net Debt
26.84B28.95B21.71B24.88B22.29B
Total Liabilities
91.26B88.96B96.94B93.25B72.16B
Stockholders Equity
52.83B53.18B54.76B44.44B37.41B
Cash FlowFree Cash Flow
5.09B5.90B5.04B7.63B190.00M
Operating Cash Flow
13.09B15.12B5.82B12.86B4.82B
Investing Cash Flow
-9.82B-9.37B-3.71B-12.02B-4.59B
Financing Cash Flow
-5.38B-5.67B-1.09B-2.04B3.25B

ENI S.p.A. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price12.65
Price Trends
50DMA
13.17
Negative
100DMA
13.27
Negative
200DMA
13.41
Negative
Market Momentum
MACD
-0.13
Negative
RSI
47.39
Neutral
STOCH
58.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ENI, the sentiment is Negative. The current price of 12.65 is above the 20-day moving average (MA) of 12.27, below the 50-day MA of 13.17, and below the 200-day MA of 13.41, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 47.39 is Neutral, neither overbought nor oversold. The STOCH value of 58.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IT:ENI.

ENI S.p.A. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
ITENI
67
Neutral
€38.70B15.074.83%7.72%-1.16%-23.76%
56
Neutral
$6.93B3.23-4.86%5.94%0.12%-48.32%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:ENI
ENI S.p.A.
12.65
-1.38
-9.86%
GB:0NRE
Enel S.p.A.
7.74
1.64
26.89%
GB:0MHC
Erg SPA
17.53
-8.07
-31.52%
GB:0NQP
SNAM S.p.A.
5.07
0.93
22.46%
GB:0HXB
Tenaris
14.66
-0.72
-4.68%
DE:SPEA
Saipem SpA
2.06
-0.04
-1.90%

ENI S.p.A. Corporate Events

ENI S.p.A. Announces Strategic Merger with Eni España Comercializadora de Gas
May 6, 2025

ENI S.p.A. has announced the merger by incorporation of Eni España Comercializadora de Gas, S.A.U. into its operations, following approval from the boards of directors of both companies. This strategic move is expected to streamline operations and enhance ENI’s market positioning in the European energy sector, potentially benefiting stakeholders through improved efficiency and integration.

ENI S.p.A. Reports Strong Q1 2025 Results Amid Strategic Advancements
Apr 24, 2025

ENI S.p.A. reported solid financial results for the first quarter of 2025, driven by strategic exploration successes and partnerships. The company achieved significant milestones, including a historic agreement with Cyprus and Egypt to export gas to Europe, and the development of a joint venture with Petronas in Indonesia. These moves are expected to enhance ENI’s market position and provide substantial financial returns, supporting its transition-related initiatives and shareholder value.

Eni Finalizes Stake Sale to KKR, Boosting Enilive’s Growth
Apr 11, 2025

Eni has completed a transaction with KKR, increasing KKR’s stake in Enilive to 30% by purchasing an additional 5% of shares for approximately 601 million euros. This transaction, which supports Enilive’s growth plan, results in a total equity valuation of 11.75 billion euros for Enilive and generates total proceeds of 3.6 billion euros for Eni.

ENI S.p.A. Announces 2025 Shareholders’ Meeting Agenda
Apr 4, 2025

ENI S.p.A. has announced its Ordinary and Extraordinary Shareholders’ Meeting scheduled for May 14, 2025, in Rome. The agenda includes discussions on financial statements, allocation of net profit, amendments to the Long-term incentive plan, and authorization for the purchase of treasury shares. The meeting will be conducted through a designated Shareholders’ Representative, with documentation available on the company’s website and other platforms. This meeting is significant for stakeholders as it addresses key financial and strategic decisions impacting ENI’s future operations and shareholder value.

Eni Proposes New Buyback Program to Enhance Shareholder Returns
Apr 3, 2025

Eni’s Board of Directors has proposed a new buyback program to be presented at the upcoming Shareholders’ Meeting, aiming to purchase up to 315 million treasury shares, approximately 10% of its share capital, by April 2026. This initiative is part of Eni’s 2025-2028 Strategic Plan, which seeks to distribute a significant portion of its cash flow to shareholders through dividends and buybacks, potentially increasing the buyback amount to 3.5 billion euros if cash flow exceeds expectations.

ENI S.p.A. Unveils Strategic Plan for 2025-2028 with Focus on Growth and Sustainability
Feb 27, 2025

ENI S.p.A. has unveiled its 2025-2028 Strategic Plan, emphasizing a robust transition and transformation strategy to capitalize on evolving energy markets. The plan highlights growth opportunities in Indonesia-Malaysia, the creation of a CCUS satellite, and a distinctive approach to data centers powered by blue power. Financially, ENI aims to enhance shareholder value through increased dividends, reduced leverage, and improved cash flow, while continuing to reduce emissions and strengthen its financial structure to support sustainable long-term growth.

ENI Exceeds 2024 Financial Expectations with Strategic Growth and Investments
Feb 27, 2025

ENI’s financial results for the fourth quarter and fiscal year 2024 exceeded expectations, demonstrating the robustness of its business model and strategic execution. The company achieved significant growth in hydrocarbon production and renewable energy capacity, while strategic investments and portfolio enhancements have strengthened its market position and financial flexibility, allowing for substantial shareholder returns.

Eni Approves Third Tranche of 2024 Dividend Provision
Feb 26, 2025

Eni S.p.A.’s Board of Directors has approved the distribution of the third tranche of the 2024 dividend provision, amounting to €0.25 per share, with payments scheduled for March 2025. This decision aligns with the company’s commitment to maintaining shareholder value and reflects its strategic financial planning.

Eni Completes €2 Billion Share Buyback Program
Feb 26, 2025

Eni has successfully completed its 2024 share buyback program, purchasing a total of 137,725,411 shares worth approximately 1.9 billion euros, which represents 4.19% of its share capital. This move is part of Eni’s strategy to provide additional remuneration to its shareholders beyond dividends, enhancing shareholder value and potentially impacting its market positioning positively.

Eni S.p.A. Executes Share Buyback to Enhance Shareholder Value
Feb 19, 2025

Eni S.p.A. announced the purchase of 3,575,792 of its own shares, equivalent to 0.11% of its share capital, on Euronext Milan between February 10 and 14, 2025. This transaction, valued at over 50 million euros, is part of the second tranche of a buyback program initiated to provide extra compensation to shareholders beyond dividends. Since the beginning of this tranche, Eni has acquired a total of 134,839,139 shares, marking a strategic move to enhance shareholder value and strengthen its market position.

Eni S.p.A. Expands Partnership with KKR for Enilive Stake Increase
Feb 18, 2025

Eni S.p.A. has signed an agreement with KKR to increase KKR’s stake in Enilive by an additional 5% for 587.5 million euros, bringing KKR’s total stake to 30%. This move reflects the market’s confidence in Enilive’s business model and supports Eni’s strategy to attract capital for sustainable growth in the energy transition sector.

ENI S.p.A. Advances Share Buyback Program
Feb 12, 2025

ENI S.p.A. has announced the purchase of 3,646,027 of its own shares on Euronext Milan, representing 0.11% of its share capital, for a total of 49,999,849.55 euros. This transaction is part of the second tranche of a buyback program initiated to offer additional remuneration to shareholders beyond dividend distributions. Since the start of this tranche, ENI has acquired approximately 4% of its share capital, which signifies a strategic move to consolidate shareholder value and enhance equity structure.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.