Previous Close | 38.62 |
Open | 38.88 |
Bid | 39.27 x 700 |
Ask | 39.30 x 100 |
Day's Range | 38.85 - 39.25 |
52 Week Range | 29.44 - 39.25 |
Volume | 232,987 |
Avg. Volume | 228,833 |
Market Cap | 70.169B |
Beta | 0.71 |
PE Ratio (TTM) | 17.01 |
EPS (TTM) | 2.30 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.88 (4.91%) |
Ex-Dividend Date | 2017-09-18 |
1y Target Est | 35.44 |
Eni (E) projects natural gas reserves in offshore Algeria to be more profitable and intends to allocate capital toward its development.
Italian energy group Eni (ENI.MI) is considering stepping up its investment in nuclear fusion, potentially doubling down on a technology considered so uncertain that Eni remains the only global oil company prepared to place a bet on it. Eni and bigger rivals such as Shell (RDSa.L) and BP (BP.L) have been looking at moving into renewable energy as climate change, the falling cost of solar and wind power and a shift to electric vehicles raise doubts over long-term demand for oil. Eni last month committed 50 million euros ($62 million) to one of several projects aiming to produce energy by fusing atoms at temperatures as hot as the sun, a process seen by doubters as still closer to science fiction than commercial reality.
Short interest in Royal Dutch Shell (RDS.A) expressed as a percentage of its outstanding shares has fallen from 0.20% on February 27, 2018, to its current level of 0.16%. Usually, with all else being equal, a fall in short interest could indicate a fall in the bearish sentiments surrounding a stock. During this period of falling short interest, Shell stock has risen 4.1%.
In 1Q17, Royal Dutch Shell’s (RDS.A) 50-day moving average stood above its 200-day moving average. Shell stock’s downtrend paused in the second quarter, likely in expectation of its earnings. Shell published its 1Q17 numbers, which exceeded its estimates, but as WTI (West Texas Intermediate) continued to plunge, it likely pressured Shell stock.
NEW YORK, April 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Eni (E) is reportedly discussing with prospective buyers, including Qatar Petroleum, about the divestment of 20% to 35% stakes in the Campeche Bay oil prospect.
Italy's tax police have searched the offices of oil major Eni (ENI.MI) as part of a probe into alleged corruption in the Republic of Congo, two sources familiar with the matter said on Friday. Eni was not immediately available for a comment. Eni said last year it was being investigated by Milan prosecutors for international corruption relating to agreements signed by its Congo subsidiary with the Congo Republic's Ministry of Hydrocarbons in 2013 to 2015.
Eni SpA is in talks to sell a stake in its giant oil discovery in Mexico to Qatar Petroleum International, according to people with knowledge of the plans.
Eni SpA is in talks to sell a stake in its giant oil discovery in Mexico to Qatar Petroleum International, according to people with knowledge of the plans.
Italian energy group Edison (EDNn.MI), part of French utility EDF (EDF.PA), is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said. Edison has selected investment banks Rothschild (ROTH.PA) and Perella Weinberg to organise an auction for the exploration and production division, which could be valued at $2 billion (1.43 billion pounds) to $3 billion, one of the sources said. The company has been looking to increase the size of its domestic electricity and gas retail business, betting on the market opening up to more competition, with retail energy customers increasingly able to chose their supplier.
Eni Sp.A.’s (BIT:ENI) most recent return on equity was a substandard 7.12% relative to its industry performance of 7.28% over the past year. An investor may attribute an inferior ROERead More...
The award of the Block 28 provides Eni (E) with considerable operational synergies in Mexico. The company will hold a stake of 75% in Block 28.
When U.S. activist investor Elliott Advisers laid siege to Italy's dominant phone company this month, a shiver went through the country's corporate sector. Once a genteel club that resolved its problems in quiet, behind closed doors, corporate Italy is increasingly becoming prey for activist shareholders. North American and British investors, who favour more aggressive investment styles, have been steadily building their presence in Italy as its cosy network of cross-shareholdings has broken down following the global financial crisis.
Royal Dutch Shell has referred a former senior executive to Dutch legal authorities, and a person familiar with the matter said the move was based on suspicion he may have received kickbacks from the 2011 ...
Eni Sp.A.’s (BIT:ENI) latest earnings update in December 2017 signalled that the company turned profitable again after experiencing negative earnings in the previous financial year. Below, I’ve laid out keyRead More...
How Chevron Stock Is Trending in the Weaker Market
Mexico awarded all eight of the shallow-water blocks it tendered on Tuesday in the hard-fought final part of the last bidding round before the country's July 1 presidential election. The Southeast Basins ...
Maire Tecnimont (MTCM.MI) hopes to pick up business from Sonatrach as the Algerian state-owned energy company's new management starts investing again, the head of the Italian engineer told Reuters. CEO Pierroberto Folgiero said the Milan-based oil and gas services company, which works in the refining, petrochemicals and fertiliser industries, saw opportunities in gas-rich Algeria as the country reorders its energy sector and restarts projects. OPEC member Algeria is a major gas supplier to Europe but has been hard hit by a slump in world oil prices and has struggled to attract energy investments.
PetroChina (PTR) now holds 10% each in the Umm Shaif and Nasr, and the Lower Zakum concessions.
The Zacks Analyst Blog Highlights: Royal Dutch, Statoil, Eni, McDermott and Petrobras
Royal Dutch Shell (RDS.A) decided to end its association in New Zealand by selling its business for $578 million, while Norway-based Statoil (STO) plans to change its name to Equinor.
Energy Review for the Week Ending March 16
Start-up of the Ochigufu project by Eni (E) to augment current production levels by 25,000 barrels from the field.
The oilfield divestment can enable BP to focus on deepwater gas fields off the country's Mediterranean coast.
Markets ended higher on Friday following better than expected readings for industrial output which hit its highest level in the last four months.