Eni Spa Stock News

Plentitude spin-off not priced in.

Inflation is at historical highs. The Fed is under pressure to raise rates.

The Italian energy group is working with two or three other investors to set up and list the SPAC, which could raise more than 200 million euros ($229.32 million), one of the sources said.

Italian oil company Eni SpA (E) is reportedly mulling a SPAC that will focus on business combinations in the energy transition sector.

European refiners are ramping up biofuel and hydrogen projects to reduce their carbon footprint. An increasing number of oil companies are partnering with airlines and airport operators on sustainable aviation fuel (SAF), with Italy''s Eni and the operator of Milan''s airports being the latest. Separately, shipping company Unifeeder has bunkered its first 100% biofuel, from energy company VARO at the…

Cheniere Energy (LNG) reveals the sizeable completion of Train 6 at the Sabine Pass Liquefaction Project in Louisiana.

MILAN (Reuters) – Italian energy group Eni said it had signed a total of 19 agreements with companies to capture and store their carbon emissions as part of its HyNet North West project in the UK.

Petrobras (PBR) sells its total interest in Alagoas Cluster to Origem Energia in a deal valued at $300 million.

The U.S. government has asked to meet Eni , TotalEnergies and other energy companies operating in Algeria to see if more gas can be sourced from the country, sources familiar with the matter said.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

ENI S.p.A. found using ticker (E) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Underperform''. The target price ranges between 33 and 30.39 with the average target price sitting at 31.7. Now with the previous closing price of 30.88 this would imply there is a potential upside of 2.7%. The 50 day moving average now sits at 28.54 while the 200 day moving average is 26.31. The market cap for the company is $53,865m. Company Website: https://www.eni.com [stock_market_widget type="chart" symbol="E" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $55,296m based on the market concensus. 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; Eni gas e luce, Power & Renewables; 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.

In a deal worth $857 million, the midstream giant, Targa Resources (TRGP), sells its stake in the Gulf Coast Express Pipeline to an anonymous buyer.

Var Energy, a private North Sea oil and gas producer owned by HitecVision and Eni (E), is set to go public in Oslo on February 16th at an ~$8.0b valuation. Eni owns 70% of Var,…