ENI
About: Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At end-2023, Eni held reserves of 6.4 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.
Employees: 34,244
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $413K | Put options by funds: $293K
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
1% more funds holding
Funds holding: 208 [Q3] → 210 (+2) [Q4]
0.04% less ownership
Funds ownership: 0.57% [Q3] → 0.53% (-0.04%) [Q4]
16% less capital invested
Capital invested by funds: $558M [Q3] → $469M (-$88.3M) [Q4]
26% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 82
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Morgan Stanley Martijn Rats 50% 1-year accuracy 2 / 4 met price target | 5%upside $32 | Equal-Weight Downgraded | 7 Jan 2025 |
Financial journalist opinion
Based on 15 articles about E published over the past 30 days
