E commences production from Merakes East, boosting its Indonesia gas output by 18,000 boepd and reinforcing its LNG growth strategy in Southeast Asia.
Italian ceramics billionaire Romano Minozzi has emerged as a relevant shareholder in the Italian energy group Eni with a stake of just over 3%, regulatory filings showed on Monday.
Share buybacks remain intact with CAPEX flexibility. Eni is progressing well with its satellite strategy. Vår Energi also increased its DPS year-on-year. Even with lower 2025 guidance, thanks to a solid start to the year and downside protection from a double-digit total return, Eni remains a buy.
Higher natural gas price realizations aid E's Q1 earnings.
Eni S.p.A. (NYSE:E ) Q1 2025 Earnings Call April 24, 2025 8:00 AM ET Company Participants Jon Rigby - Head of IR Francesco Gattei - Chief Transition & Financial Officer Stefano Ballista - CEO, Enilive Guido Brusco - COO, Global Natural Resources Adriano Alfani - CEO, Versalis Giuseppe Ricci - COO, Industrial Transformation Unidentified Company Representative - Conference Call Participants Alejandro Vigil - Santander Biraj Borkhataria - RBC Josh Stone - UBS Giacomo Romeo - Jefferies Matthew Smith - Bank of America Michele Della Vigna - Goldman Sachs Alessandro Pozzi - Mediobanca Peter Low - Redburn Atlantic Irene Himona - Bernstein Paul Redman - BNP Paribas Henry Tarr - Berenberg Matthew Lofting - J.P. Morgan Massimo Bonisoli - Equita Kim Fustier - HSBC Lydia Rainforth - Barclays Operator Good afternoon, ladies and gentlemen, and welcome to Eni's 2025 First Quarter Results Conference Call, hosted by Mr.
E's investment aligns with the Roman government's Mattei Plan, which aims to strengthen Rome's relations with Africa.
E plans to sell another stake in Plenitude, aiming for a valuation above $11 billion as investor interest stays strong.
E is exploring further upstream asset sales after offloading stakes in Ivory Coast and Congo to Vitol in a $1.65 billion deal.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Eni SpA (E) have what it takes?
Italy's Eni confirmed on Sunday it was notified by U.S. authorities it would no longer be allowed to be repaid for gas production in Venezuela through oil supplies given by Venezuelan state oil company PDVSA.
Eni, an Italian multinational oil company, generates strong cash flow from its global asset portfolio. Despite its robust financial performance, Eni remains an undervalued investment based on its latest earnings report. The company's global portfolio and consistent cash flow generation highlight its potential for significant returns.
Versalis, the chemical division of Italian energy group Eni , on Monday opened a plant in Porto Marghera for the production of plastics made from mechanically recycled raw materials.