|Bid||36.16 x 1100|
|Ask||36.21 x 1100|
|Day's range||35.46 - 36.18|
|52-week range||29.44 - 40.15|
|PE ratio (TTM)||16.83|
|Forward dividend & yield||1.87 (5.20%)|
|1y target est||42.00|
Mozambique’s oil and gas regulator said exploration contracts for the nation’s fifth licensing round in 2015, which awarded blocks to companies including Exxon Mobil Corp. and Eni SpA, are close to being finalized. Winners of the bidding round have awaited legislation and a new model for exploration and production concession contracts, which should be resolved by July, Agostinho Rodrigues Chibielo, an official at Instituto Nacional de Petroleo’s exploration division, said in an interview on the sidelines of a conference in Ghana’s capital, Accra. Once the contracts have been signed, Exxon plans to drill two wells and Eni at least one next year, he said.
Since trade tensions could drastically dent investor confidence, picking value stocks with low-beta looks like a smart option at this point.
The Zacks Analyst Blog Highlights: SAP SE, Infineon Technologies AG, Peugeot S.A., Ferrari N.V. and Eni S.p.A.
European stocks jumped, while the euro slumped against the dollar after the ECB indicated that it will not raise interest rates before summer 2019.
The Zacks Analyst Blog Highlights: CSX, Eni, Kimberly-Clark, Caterpillar and Check Point Software
Venezuela is OPEC’s eighth-largest crude oil producer. Reuters estimates that Venezuela’s crude oil output decreased by 50,000 bpd (barrels per day) to 1,450,000 bpd in May—compared to the previous month. The country’s crude oil production is near a 15-year low.
Eni Sp.A. (BIT:ENI), a €54.82B large-cap, operates in the oil and gas industry which has seen a prolonged oil price downturn since 2014. However, energy-sector analysts are forecasting for theRead More...
Per Eni's (E) evaluations, the company's operations in Iran will not be subject to any specific waiver against the sanctions announced by the Trump administration.
The Eastern Mediterranean is a region that has the potential to become a key energy player, but geopolitics may well get in the way as different powers struggle for energy dominance
No stocks gained this week in the US integrated energy sector. So we’ll now look at the biggest losses from the sector this week.
Previously, we saw that BP (BP) stock has surged 18% in the second quarter. In this part, we’ll look at BP’s moving averages.
The Zacks Analyst Blog Highlights: UnitedHealth, United Technologies, Eni, Sanofi and Discovery
A briefcase seized from a Geneva apartment two years ago could be the key to an Italian bribery case against Royal Dutch Shell Plc and Eni SpA -- if it makes it to Milan in time. The bag held SIM cards, Nigerian passports, a laptop and a hard drive containing more than 40,000 documents, and belonged to Emeka Obi, according to a spokesman for the Geneva Prosecutor’s Office. Swiss prosecutors found it during a raid for an unrelated investigation and are trying to get it to their Italian colleagues, who are prosecuting Obi as an alleged middle man in a $1.1 billion kickback scheme involving the energy companies vying for a Nigerian oil license.
Eni SpA (E) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
Turkish President Erdogan said that the Eastern Mediterranean will face a security threat should Cyprus continue its unilateral operations of offshore oil and gas exploration in the region
Eni's (E) first-quarter 2018 results gain from higher production as well as increased oil and gas prices realizations, partially offset by mature field declines.