Eni ADR Stock News

Italy's Eni on Saturday started a second phase of oil and gas production at Ivory Coast's offshore Baleine field, the energy group said on Saturday.

Eni S.p.A., a smaller European oil major, boasts a $40 billion market cap, strong profits, and a unique energy asset portfolio, justifying its current valuation. The company has achieved a 4% YoY production growth, a nearly 8% dividend yield, and aggressive share repurchases, ensuring robust shareholder returns. Eni's transition strategy includes a $3 billion KKR investment in Enilive, expandin...

ESG as a theme is probably a fad, yet some aspects of it are useful as risk assessment tools. A big risk for oil and gas stocks is methane emissions, and until now, it has not been easy to assess this. The Oil & Gas Methane Partnership 2.0 is the United Nations Environment Programme's flagship oil and gas reporting and mitigation programme.

Italian energy group Eni said on Saturday it had launched the hull of the Nguya Floating Liquefied Natural Gas (FLNG) facility in Wison Heavy Industry's shipyard in Nantong, China, to be deployed offshore of the Republic of Congo.

Plenitude, the retail unit of Italian energy group Eni , on Monday won an appeal against a 5-million-euro ($5.3 million)fine it received last year from Italy's antitrust agency (AGCM) over billing practices.

Eni S.p.A. is a compelling buy due to its strategic focus on decarbonization, renewable energy, and innovative asset separation, despite market volatility. The company's plan includes significant investments in biorefining, renewables, and E-mobility, aiming for carbon neutrality by 2050. Eni's financial health is strong, with increased dividends, buybacks, and low leverage, making it a stable ...

Swiss asset manager Energy Infrastructure Partners (EIP) will up its stake in Eni's Plenitude unit to 10%, in a deal that values the group's retail and renewable business at more than 10 billion euros ($11 billion) including debt, Eni said.

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.