Company Overview - Eni S p A is an Italian multinational oil company and one of the oil supermajors with a market capitalization of just over $40 billion [2] - The company is one of the smallest diversified oil companies and is often overlooked in the industry [2] Retirement Investment Strategies - The Retirement Forum offers actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks to help maximize capital and income [3] - The Value Portfolio specializes in building retirement portfolios using a fact-based research strategy, including extensive readings of 10Ks, analyst commentary, market reports, and investor presentations [4] - The Value Portfolio invests real money in the stocks it recommends, ensuring practical application of its research [4]

Incident Overview - Eni SpA confirmed an explosion at its fuel depot in Calenzano, Italy, resulting in a fire that was quickly extinguished, with no damage to the fuel tanks [1] - The explosion tragically resulted in the deaths of two workers, with eight injured and four still missing as rescue efforts continue [2] - Local authorities have initiated an investigation into the explosion's causes, with Eni cooperating fully [2][3] Safety and Operational Impact - Eni reassured that the tank farm area storing large quantities of fuel was unaffected and that operations at the depot are not at risk [4] - The incident highlighted the risks associated with handling volatile fuels and underscored the need for robust safety protocols in the industry [4] Company Position and Market Context - Eni currently holds a Zacks Rank 3 (Hold), indicating a neutral outlook [5] - Investors may consider better-ranked stocks in the energy sector, such as TechnipFMC plc (Rank 2), FuelCell Energy (Rank 2), and Nine Energy Service (Rank 2) [5]

Group 1 - The article discusses the end-of-year portfolio review process, focusing on decisions regarding cutting, balancing, and purchasing stocks [1] - The author expresses a beneficial long position in shares of specific companies, indicating a personal investment strategy [1] Group 2 - The article emphasizes the importance of conducting due diligence and research before making any investment decisions [2] - It highlights the risks associated with short-term trading and options trading, suggesting that these strategies may not be suitable for all investors [2]

Eni S.p.A (E) , a global integrated energy company, is set to receive a new chunk of investment for its renewable energy business, Plenitude. The Swiss asset management firm Energy Infrastructure Partners (“EIP”) will increase its stake in Plenitude from 7.6% to 10%. The deal values Eni’s renewable energy and retail business unit, Plenitude,at more than 10 billion euros, including debt.Eni has stated that EIP will purchase new shares issued by the company for approximately 209 million euros. E has adopted a ...

Eni SpA (E) reported third-quarter 2024 adjusted earnings from continuing operations of 86 cents per American Depository Receipt, which missed the Zacks Consensus Estimate of 89 cents. The bottom line declined from the year-ago quarter's $1.18. Total quarterly revenues of $23.1 billion declined from $24.7 billion a year ago. The top line also missed the Zacks Consensus Estimate of $23.4 billion. The company's weak quarterly results were driven by lower throughputs and lower average liquids price realization ...

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 ...

9M 2024 RESULTS OCTOBER 25, 2024 Jangkrik FPU, Indonesia 9M 2024 | HIGHLIGHTS STRENGTHENING THE IMPLEMENTATION OF OUR STRATEGY | --- | --- | --- | |----------------------------------|----------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------| | | | | | FINANCIALS RESULTS | GLOBAL NATURAL RESOURCES | TRANSITION & TRANSFORMATION | | | | | | EBIT PRO FORMA €11 ...

Eni SpA's (E) renewable energy arm, Plenitude, has announced the start of operations at the Numancia wind plant in Soria, Spain. This development is aimed at enhancing E's renewable energy portfolio in the region and its wind capacity. E's Plenitude Increases Wind Power in Spain The Numancia wind plant consists of two adjacent farms in the Almarza area of Soria, Spain, spanning 10 hectares. Equipped with three Vestas V136 wind turbines, the facility generates 13 megawatts (MW) of power, providing 31 gigawat ...

Eni SpA's (E) subsidiary, Plenitude, is making significant strides in electric mobility with the launch of "On the Road." This initiative is aimed at unifying all its charging solutions, both domestic and on-road, under a single identity, thereby consolidating the Be Charge integration process within the company. Beginning Oct. 15, the Be Charge app will be rebranded as "Plenitude On the Road," featuring a revamped design and enhanced charging experience that will evolve to include innovative services over ...

In my dividend growth portfolio, the European oil major Eni (NYSE: E ) has found its place for two reasons: I believe we live in a world where the energy demand is so great that we will I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low ...