Eni SPA (E) AI Stock Analysis

• Market Cap: $53.20B
• Dividend Yield: 5.11%
• Average Volume (3M): 234.22K
• Price to Earnings (P/E): 20.1
• Beta (1Y): 0.28
• Revenue Growth: -6.31%
• EPS Growth: -33.87%
• Country: US
• Employees: 32,492
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Integrated
• EPS (TTM): 0.85
• Shares Outstanding: 1,573,382,600
• 10 Day Avg. Volume: 254,098
• 30 Day Avg. Volume: 234,216
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 0.89
• Enterprise Value/Gross Profit: 6.96
• Enterprise Value/Ebitda: 3.42
• 1Y Price Target: $33.60
• Price Target Upside: -4.16% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: $40.00 ▲(14.09% Upside)

Eni SPA's overall stock score is driven by strong financial performance, positive technical indicators, and a favorable earnings call. The company's robust cash flow and strategic initiatives in upstream growth and renewable capacity are key strengths. While there are challenges in profitability and the chemical sector, the high dividend yield and strategic progress support a positive outlook.

Eni SPA Business Overview & Revenue Model

Company Description

Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Plenitude and Power; and Corporate and Other activities segments. The Exploration & Production segment is involved in the research, development, and production of oil, condensates and natural gas; and forestry conservation and CO2 capture and storage projects. The Global Gas & LNG Portfolio segment engages in the supply and wholesale of natural gas by pipeline, international transport; and purchase and marketing of LNG. The Refining & Marketing and Chemicals segment is involved in the processing, supply, distribution, and marketing of fuels and chemicals. The Eni gas e luce, Power & Renewables segment engages in the retail sales of gas, electricity, and related activities, as well as in the production and wholesale of electricity produced by thermoelectric and renewable plants. As of December 31, 2021, it had net proved reserves of 6,628 million barrels of oil equivalent; and installed operational capacity of 4.5 GW. The company was founded in 1953 and is headquartered in Rome, Italy.

How the Company Makes Money

Eni generates revenue primarily through the exploration and production of oil and natural gas, which constitutes its largest revenue stream. The company engages in upstream activities to discover and extract hydrocarbons, which are then sold on global markets. Additionally, Eni earns income from downstream operations, including the refining of crude oil into various petroleum products, which are marketed and sold through its extensive distribution network. The company also has significant revenue from its gas and power segment, which includes the sale of natural gas and electricity, as well as its involvement in renewable energy projects. Strategic partnerships and joint ventures, particularly in exploration and production, enhance Eni's operational capabilities and market reach, contributing positively to its earnings. Furthermore, Eni is increasingly focusing on sustainability initiatives, which may provide new revenue opportunities in the growing renewable energy sector.

Eni SPA Financial Statement Overview

Summary

Eni SPA demonstrates solid financial management with strong operational cash flows and a stable balance sheet, albeit with some profitability and revenue growth challenges. The income statement reflects cost pressures and decreased profitability, while the balance sheet shows a solid equity position but with increased leverage. Cash flow remains a key strength, supporting the company's operations and investments. Overall, Eni SPA is well-positioned financially, with room for improvement in profitability and revenue growth.

Income Statement

The company's income statement shows a mixed performance. Gross profit margin has declined from previous years, with the TTM at 12.86% compared to 21.98% in 2022, indicating cost pressures. The net profit margin is also lower at 2.89% TTM, down from 10.48% in 2022, reflecting decreased profitability. Revenue has decreased by 5.75% TTM compared to 2024, signaling a challenging market environment. However, EBITDA margin remains strong at 26.17% TTM, showcasing operational efficiency. Overall, while there are profitability and revenue growth concerns, the company maintains solid operational margins.

Balance Sheet

The balance sheet reveals a stable financial position with some cautionary signs. The debt-to-equity ratio is at 0.70 TTM, which shows a manageable leverage level but has increased slightly from 0.59 in 2022. The equity ratio is relatively strong at 36.51% TTM, indicating a solid equity base. Return on equity has decreased to 4.99% TTM from 25.36% in 2022, reflecting reduced profitability. Overall, the company maintains a robust equity position but faces challenges in leverage and profitability.

Cash Flow

The cash flow statement is a strength for the company. The operating cash flow to net income ratio is robust at 5.04 TTM, indicating strong cash generation relative to profit. Free cash flow is positive at $4.16 billion TTM, although it has decreased from previous years, indicating some pressure on cash generation. Free cash flow to net income ratio is also strong at 1.67 TTM, suggesting efficient cash conversion. Despite a decline in free cash flow growth, the company has a solid cash flow position overall.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	85.96B	91.21B	93.72B	132.51B	76.58B	44.94B
Gross Profit	11.05B	20.25B	12.40B	22.78B	13.96B	11.77B
EBITDA	22.49B	16.82B	17.76B	28.52B	19.86B	7.91B
Net Income	2.48B	2.62B	4.77B	13.89B	5.82B	-8.63B
Balance Sheet
Total Assets	136.21B	146.95B	142.61B	152.17B	137.76B	109.65B
Cash, Cash Equivalents and Short-Term Investments	16.60B	14.98B	16.98B	19.91B	18.86B	14.91B
Total Debt	34.87B	34.97B	39.14B	31.87B	33.13B	31.70B
Total Liabilities	82.81B	91.26B	88.96B	96.94B	93.25B	72.16B
Stockholders Equity	49.74B	52.83B	53.18B	54.76B	44.44B	37.41B
Cash Flow
Free Cash Flow	4.16B	5.09B	5.90B	5.04B	7.63B	190.00M
Operating Cash Flow	12.52B	13.09B	15.12B	5.82B	12.86B	4.82B
Investing Cash Flow	-8.52B	-9.82B	-9.37B	-7.02B	-12.02B	-4.59B
Financing Cash Flow	-4.89B	-5.38B	-5.67B	-8.54B	-2.04B	3.25B

Eni SPA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For E, the sentiment is Positive. The current price of 35.06 is above the 20-day moving average (MA) of 34.90, above the 50-day MA of 34.64, and above the 200-day MA of 30.34, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 52.57 is Neutral, neither overbought nor oversold. The STOCH value of 33.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for E.

Eni SPA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
E	78 Outperform	$53.20B	20.13	4.83%	5.11%	-6.31%	-33.87%
SHEL	77 Outperform	$210.27B	16.27	7.47%	3.87%	-5.75%	-20.18%
PBR	73 Outperform	$76.98B	5.84	19.48%	13.45%	-13.68%	-13.96%
TTE	73 Outperform	$129.15B	10.49	10.96%	6.14%	-10.73%	-36.76%
EQNR	72 Outperform	$62.96B	8.18	19.22%	8.65%	1.19%	-7.87%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BP	65 Neutral	$87.97B	144.75	0.95%	5.63%	-7.40%	-90.89%