
Eni S.p.A.
NYSE•E
CEO: Mr. Claudio Descalzi
Sector: Energy
Industry: Oil & Gas Integrated
Listing Date: 1995-11-28
Eni S.p.A. operates as an integrated energy company worldwide. The company 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. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipeline; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and mobility services. Further, it engages in the retail marketing of gas, electricity, and related services; production and wholesale sale of electricity from thermoelectric and renewable plants; and provision of services for E-mobility. The company was founded in 1953 and is headquartered in Rome, Italy.
Contact Information
Market Cap
$57.61B
P/E (TTM)
19.7
26.4
Dividend Yield
6.4%
52W High
$38.47
52W Low
$24.65
52W Range
Rank55Top 68.5%
3.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$23.62B-2.20%
4-Quarter Trend
EPS
$1.17+212.50%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Strong Transition Business Growth Enilive/Plenitude profit reached €1.59B, reversing 2023 loss (€74M). Plenitude renewable capacity hit 4.1 GW.
E&P Profit Resilience E&P operating profit was €6.72B despite lower gas prices. Production increased 3% to 1,572 KBOE/d available for sale.
Portfolio Restructuring Progress Divestments generated €2.79B cash inflow, funding Neptune acquisition (€2.4B). Satellite model advancing with EIP/KKR investments.
Solid Cash Flow Generation Cash flow from operations reached €13.09B, funding CapEx (€8.49B) and shareholder returns (€5.1B). Leverage ratio maintained at 0.22.
Risk Factors
Hydrocarbon Price Volatility Operating profit fell 36% to €5.24B due to lower gas prices. Brent crude averaged $80.76/bbl in the 2024 period.
Geopolitical and Macro Uncertainty Ukraine conflict and Middle East tension pose systemic risks, potentially derailing macroeconomic recovery and hydrocarbon demand outlook.
High Non-OECD Reserve Exposure 83% of proved hydrocarbon reserves located in non-OECD countries, increasing political and operational risk exposure significantly.
Refining/Chemicals Underperformance Refining segment reported weaker margins; Chemicals segment loss widened to €1.68B GAAP, impacted by overcapacity and cost disadvantages.
Outlook
Future Capital Allocation Plan Plan to invest over €5B average CapEx annually through 2028, focusing on E&P growth and energy transition assets development.
Leverage Ratio Maintenance Management targets leverage ratio (net borrowings excl. leases) in 0.1-0.2 range over the next four-year plan period, ensuring financial discipline.
Decarbonization Targets Progress Aiming for Net Zero Upstream Scope 1+2 emissions by 2030. Net Carbon Intensity was 65.2 gCO2eq./MJ in the 2024 period.
Accelerating Satellite Model Continue growing transition businesses (Enilive/Plenitude) via strategic partnerships and unlocking value through external capital injections.
Peer Comparison
Revenue (TTM)
MPC$134.11B
PSX$132.51B
EQNR$107.07B
Gross Margin (Latest Quarter)
60.6%
SU60.3%
TRP48.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| KMI | $59.10B | 21.7 | 8.9% | 45.1% |
| EQNR | $58.30B | 7.3 | 5.4% | 22.8% |
| PSX | $57.96B | 38.7 | 5.5% | 28.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.9%
Flat Growth
4Q Net Income CAGR
56.4%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Feb 26, 2026
EPS:$0.85
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 4, 2025|Revenue: $96.06B-5.3%|EPS: $1.71-44.0%BeatForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 5, 2024|Revenue: $101.37B-29.3%|EPS: $3.05-64.4%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 5, 2023|Revenue: $139.31B+73.0%|EPS: $8.33+146.0%BeatForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 8, 2022|Revenue: $90.55B+74.1%|EPS: $3.81+166.5%MeetForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 2, 2021|Revenue: $50.17B-37.1%|EPS: $-5.52-5973.8%Miss