Swiss asset manager EIP increases stake in Eni's Plenitude to 10%
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.
Eni pockets $1 billion from Alaska upstream assets sale
Italian energy group Eni said on Monday it pocketed $1 billion from a planned sale of the Nikaitchuq and Oooguruk upstream offshore assets in Alaska to U.S. private company Hilcorp.
Eni (E) Q3 Earnings Fall Short of Estimates, Revenues Decline Y/Y
Lower throughputs and average liquids' price realization hurt Eni's earnings in Q3.
Egypt President, Eni CEO discuss moves to support gas production
Egypt's president met with Eni CEO on Monday to discuss moves aimed at supporting gas production, the Italian energy group said after the African country was forced to turn to the liquefied natural gas (LNG) market to cover domestic demand.
Eni S.p.A. (E) Q3 2024 Earnings Call Transcript
Eni S.p.A. (NYSE:E ) Q3 2024 Earnings Conference Call October 25, 2024 8:00 AM ET Company Participants Francesco Gattei - Chief Transition & Financial Officer Adriano Alfani - Chief Executive Officer, Versalis Guido Brusco - Chief Operating Officer, Global Natural Resources Giuseppe Ricci - Chief Operating Officer, Industrial Transformation Stefano Ballista - Chief Executive Officer, Eni Sustainable Mobility Conference Call Participants Josh Stone - UBS Alessandro Pozzi - Mediobanca Giacomo Romeo - Jefferies Kim Fustier - HSBC Biraj Borkhataria - RBC Irene Himona - Bernstein Matt Smith - Bank of America Michele Della Vigna - Goldman Sachs Peter Low - Redburn Atlantic Massimo Bonisoli - Equita Lydia Rainforth - Barclays Henry Tarr - Berenberg Paul Redman - BNP Paribas Matt Lofting - JPMorgan Operator [Starts Abruptly] Chief Transition and Financial Officer. For the duration of the call, you will be in listen-only mode.
Italy's Eni sees 2.5-billion-euro net proceeds from disposals in 2025
Italian energy group Eni expects 2.5 billion euros ($2.7 billion) in net proceeds from additional disposals that will be completed next year, Chief Transition & Financial Officer Francesco Gattei said on Friday.
Italy's Eni ups buyback to 2 bln euros after better than expected Q3
Italian energy group Eni said on Friday it would increase its share buyback programme to 2 billion euros ($2.2 billion) after reporting better than expected third-quarter results.
Eni to invest 2 bln euro in five years to overhaul chemical unit
Italian energy group Eni said on Thursday it would invest 2 billion euros ($2.2 billion) in five years to decarbonise and relaunch its loss-making chemical unit Versalis.
Eni's Plenitude Expands Spanish Footprint With New Wind Plant
E's Plenitude launches the 13 MW Numancia wind farm in Soria, producing 31 GWh annually and powering 9,500 homes, further expanding its renewable energy footprint in Spain.
Eni's Plenitude Launches New Identity for Electric Mobility
E's subsidiary, Plenitude, introduces "On the Road," streamlining its charging solutions to improve customer experience and promote electric mobility in Europe.
Eni: 2 Likely Spin-Offs Make It Uniquely Attractive
Eni is known as one of the oil majors. Few know that E has many fast-growing units, such as the biofuel division Enilive and the renewables business Plenitude. These businesses are attracting big investments by large international funds, making Eni's current valuation look deeply discounted. I suggest taking advantage of the current dip and going long.
Eni Publishes First Methane Report, Aims for Near-Zero Emissions
E's first Methane Report outlines the company's decade-long mission to reduce methane emissions and its goal to achieve near-zero emissions by 2030.
