Eni S.p.A.

$53.69

-2.61%

2026-09-04 11:08:38 EDT-$1.44

Energy

Oil & Gas Integrated

NYSE

Active Trading

Eni S.p.A. is an international energy company primarily engaged in the discovery, development, and extraction of crude oil and natural gas resources. ...

Price Action of E

$53.69

-2.61%-$1.44

High—

Low—

52W High-7.0%

Rel. vol—

Interval

Range6h

Volume—SMA5SMA10

—

Eni S.p.A. is a global integrated energy company headquartered in Rome, operating across the hydrocarbon value chain and expanding into lower-carbon energy solutions. The company’s business is organized around multiple divisions covering (1) upstream activities such as exploration, development and extraction of crude oil and natural gas, and related initiatives ...Eni S.p.A. is a global integrated energy company headquartered in Rome, operating across the hydrocarbon value chain and expanding into lower-carbon energy solutions. The company’s business is organized around multiple divisions covering (1) upstream activities such as exploration, development and extraction of crude oil and natural gas, and related initiatives including carbon dioxide capture and storage and environmental programs; (2) midstream and trading activities through its Global Gas & LNG Portfolio, which manages procurement and wholesale distribution of natural gas via pipelines and handles acquisition and sale of liquefied natural gas (LNG); and (3) downstream and conversion activities including Refining & Marketing and Chemicals, responsible for processing, supply, distribution and commercialization of fuels and chemical products. In addition to traditional oil and gas operations, Eni operates in power and retail energy services. Its Plenitude and Power segment—formerly known as Eni gas e luce—provides retail services for gas and electricity, along with related offerings, and also develops/wholesales electricity generated from both thermoelectric and renewable power assets. This structure supports Eni’s approach to being an “energy tech” and integrated operator: combining production, trading, industrial refining/chemicals, and customer-facing energy services. From a cost and capital perspective, Eni’s model is typical of large integrated energy companies: significant fixed and operating costs associated with upstream exploration and production, industrial plants and refining operations, and ongoing capital expenditure (capex) to sustain output, manage asset integrity, and fund the transition portfolio. Financial metrics shown in the provided snapshot (ttm) indicate ongoing free cash flow generation and profitability (e.g., positive net profit margin in the mid-single digits and positive operating/EBITDA margins), alongside leverage levels consistent with capital-intensive businesses. The scale of the company is reflected in its very large global workforce (about 32k employees) and extensive geographic footprint. Key leadership centers on CEO Claudio Descalzi, with the company’s longstanding roots dating to its foundation in 1953. Eni has historically held a strong strategic position in Europe’s energy landscape, and more recently it has emphasized decarbonisation commitments and investments aligned with the energy transition. Going forward, the company’s priorities generally include maintaining hydrocarbon production reliability, optimizing refining and chemicals competitiveness, scaling gas/LNG and power/retail offerings, and progressively increasing transition-related activities to support a decarbonised energy system.ExpandCollapse

Founded

1953

Employees

32349

CEO

Claudio Descalzi

Full Name

Eni S.p.A.

Sector

Energy

Industry

Oil & Gas Integrated

ROE

10.93%

Market Cap

$77.26B

Current Ratio

1.23

WACC

7.29%

ROIC

3.41%

Contact Information

https://www.eni.com

39 06 59821

Piazzale Enrico Mattei 1, Rome, RM 00144

Key Metrics of E

Snapshot

Latest / TTM · 6 periods

Market Cap

$77.26B

ROCE

5.4%

EV / EBITDA

6.41x

+1.2% YoY

FCF Yield

5.4%

-4.0% YoY

Cash Conversion Cycle

-5.1d

Current Ratio

1.23

Quick take

TTM —

No major risk flags in selected headline metrics.

Financial Highlights of E

Profitability trend

Latest / TTM · 6 periods

Gross Margin

5.6%

Net Margin

6.4%

P/E Ratio

13.48x

n/a

Debt / Equity

0.71

n/a

Current Ratio

1.23

Dividend Yield

4.4%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of E

Upcoming

Sep 22, 2026In 18 days
Ex-dividend date
$0.53 per share
Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $1.54 · Revenue $21.75B · 2 analysts
Oct 23, 2026In 49 days
Q3 FY2026 · Earnings report
Est. EPS $1.55
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $1.28 · Revenue $21.53B · 2 analysts

Recent history

Jun 30, 2026
Q2 FY2026 · Results reported
EPS €2.18 · Revenue €22.67B
Jun 5, 2026
Dividend payment
$0.53 per share
Mar 31, 2026
Q1 FY2026 · Results reported
EPS €0.72 · Revenue €19.74B
Dec 31, 2025
FY2025 · Annual results
EPS €1.56 · Revenue €82.15B
Sep 30, 2025
Q3 FY2025 · Results reported
EPS €0.52 · Revenue €20.20B
Jun 30, 2025
Q2 FY2025 · Results reported
EPS €0.32 · Revenue €18.77B

Financial Statements of E

Next Earnings Date

Oct 23, 2026

EPS Est. 1.55 · Fiscal period ending 2026-09-30

D-49

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$82.2B	-7.5%	+14.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$2.6B	-0.6%	+215.2%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+9.4%	-27.5%	+111.7%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+5.5%	-52.1%	+63.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+3.2%	+7.4%	+174.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$4.6B	-9.0%	+331.4%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+5.6%	-1.7%	+301.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	91.3%	+4.3%	-4.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	1.19x	+3.5%	+6.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$139.2B	-7.3%	-0.5%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	1.56 vs 3.09	-49.5%	2.18 vs 1.54	+41.7%
Revenue Surprise	$82.2B vs $86.6B	-5.1%	$22.7B vs $21.8B	+4.2%

Earnings Call Transcript of E

1 transcript segments

Q2 2026

Unknown Speaker

Operator : Good afternoon, ladies and gentlemen, and welcome to Eni's 2026 First Half Results Conference Call, hosted by Mr. Claudio Descalzi, Chief Executive Officer. [Operator Instructions] I am now handing you over to your host to begin today's conference. Thank you. Claudio Descalzi : Thank you. Good morning. Good afternoon for being with us today. Our second quarter and first half results clearly reflect our successful execution of the strategy and the objectives we have consistently communicated. In Q2, Eni generated EUR 5.4 billion pro forma EBIT and EUR 2.3 billion net income, both doubling year-on-year and EUR 4.5 billion of cash flow from operations, up over 60%. This growth significantly outpaced the increase in Brent prices over the same period, demonstrating the strength of our operating leverage and our ability to absorb a highly unfavorable foreign exchange environment. Looking at the first half of the year, we delivered a remarkable 40% year-on-year increase in pro forma EBIT. Reported gearing remained stable quarter-on-quarter, while pro forma gearing declined to 10%, reaching the lower end of our target range. Overall, this performance reflects excellent operational execution, effective capture of market opportunities and the continued delivery of our consistent strategy. The first half of 2026, marked by the emergence of a new crisis in the Gulf has once again exposed our industry to extraordinary volatility, yet Eni has demonstrated its ability to effectively mitigate external pressures. Our resilience is underpinned by a broad geographic diversification, strong operational efficiency and the deployment of proprietary technologies. At the same time, our robust organic growth continues to be fueled by our outstanding exploration success and a deep pipeline of development opportunities. Most importantly, our growth is increasingly multidimensional. While exploration and production remains our highly competitive core business, we are rapidly scaling attractive growth platforms right across the energy value chain. Specifically, I would like to highlight 3 key pillars of our strategy. First, diversification. We are well diversified across the geographies, businesses and technologies. While some of our operations have been affected by events in the Middle East, the overall impact has not been material. Actions taken in 2026 have further strengthened this diversification, increasing our exposure to Asia and South America, expanding our transition-related businesses and opening new opportunity in trading activities, critical minerals and stationary batteries. Second, growth. We continue to deliver a unique double engine of growth, combining industry-leading organic upstream production with a rapid parallel expansion in low-carbon energy. Third, financial performance. We continue to generate outstanding financial results with over 60% of our original plan targets already met year-to-date, also thanks to the fast time to market of our …

Leadership Team of E

10 executives

Name	Title	Compensation	Gender	Year Born	Status
Claudio Descalzi	Chief Executive Officer, GM & Director	EUR 7,258,848	Male	1955	Active
Francesco Gattei	Chief Transition & Financial Officer, Chief Operating Officer and GM	EUR 2,684,684	Male	1969	Active
Guido Brusco	Chief Operating Officer of Global Natural Resources & GM	EUR 2,556,014	Male	1970	Active
Claudia Carloni	Senior Vice President of International Negotiations - R&M business	—	Female	—	Active
Jonathon Rigby	Head of Investor Relations & Strategic Analysis	—	Male	—	Active
Luca Franceschini	Integrated Compliance Director, Board Counsel & Board Secretary	—	Male	1966	Active
Lapo Pistelli	Director of Public Affairs	—	Male	1964	Active
Francesco Esposito	Head of Accounting & Financial Statements	—	—	—	Active
Lorenzo Fiorillo	Director of Technology, R&D & Digital	—	Male	1974	Active
Stefano Speroni	Director of Legal Affairs & Commercial Negotiations	—	Male	1962	Active

Recent News of E

Zacks Investment Research8/17/2026Neutral

YPF, E & XRG Advance Argentina LNG Toward a Key Investment Milestone

YPF's Argentina LNG project advances with Eni and XRG, targeting 12 MTPA capacity and a potential new export-driven growth platform.

247 Wallst8/7/2026Neutral

The U.S. Didn’t Buy a Drop of Saudi Oil in July — the First Time in 41 Years

A 40-year streak just snapped, and it happened fast enough that most investors missed it entirely. The forces reshaping U.S. crude imports in 2026 point to a handful of refiners and one major sitting at the center of a political and commodity storm.

Zacks Investment Research8/6/2026Neutral

Eni Stock Jumps 12.7% in a Month: Will the Rally Continue?

E's production growth, stronger cash flow and higher buybacks have fueled a sharp rally, but commodity exposure remains a key risk.

Zacks Investment Research8/5/2026Neutral

Do Options Traders Know Something About Eni Stock We Don't?

Investors need to pay close attention to E stock based on the movements in the options market lately.

Seeking Alpha8/5/2026Neutral

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (August 2026)

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4.2%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

Historical Employee Count of E

Current

32,349

Change

-0.44%

Minimum

32,188

Maximum

33,142

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	32,349	20-F	Mar 23, 2026	View
Dec 31, 2024	32,492	20-F	Apr 4, 2025	View
Dec 31, 2023	33,142	20-F	Apr 5, 2024	View
Dec 31, 2022	32,188	20-F	Apr 5, 2023	View
Dec 31, 2021	32,689	20-F	Apr 8, 2022	View

Related stocksOil & Gas Integrated

Browse all US stocks →

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

Eni S.p.A.