Eni SpA ADR logo

Eni SpA ADR(E)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
3-STAR RATING
REGULAR BUY
BUY for 46 days
PROFIT SINCE LAST BUY
-0.33% ▼
LAST CLOSE
$54.73
10/02/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for E

10/02/2026: E (3-star) is a REGULAR-BUY. BUY for 46 days. Simulated Profits (-0.33%). Updated daily EoD!

Eni SpA is a major integrated global energy company that provides oil, natural gas, and increasingly sustainable energy products. Its primary strengths lie in a robust, low-cost production footprint in North Africa and an evolving strategy focused on biofuels and carbon capture. The main investment opportunity centers on Eni's pivot toward energy transition through its Enilive and Plenitude segments, which offer long-term growth potential. However, investors must consider risks including high sensitivity to volatile commodity prices, geopolitical instability in core operating regions, and the execution complexity of its energy transition. The stock may suit income-focused investors due to its historically consistent dividend yield, while monitoring for strategic progress in decarbonization remains essential.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitWhile Eni is shifting to growth in biofuels, its core business remains tied to cyclical commodities.
Momentum investorMixed fitStrong fit only if there is a positive commodity price upturn signal driving the ADR.
Value investorStrong fitThe stock often trades at low valuation multiples typical of integrated oil majors.
Dividend investorStrong fitEni typically maintains a competitive dividend yield attractive to income-focused portfolios.
Low-risk investorWeak fitHigh exposure to commodity price volatility and geopolitical risk increases the risk profile.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighRevenue and earnings are heavily dependent on global oil and gas price fluctuations.
Valuation riskMediumCyclical stocks can experience sharp price corrections when market sentiment shifts.
Competition risk (Commodity producers)Medium / highEni faces intense competition from larger integrated majors for prime reserves and market share.
Business qualityMediumThe transition to sustainable energy is capital intensive and carries execution risks.
Dividend incomeMedium / highDividends are dependent on sustained cash flow from volatile energy markets.
Execution riskMediumManaging the dual challenge of upstream production and energy transition requires significant operational efficiency.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 50.51%
Avg. Invested days 68
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
E receives a 3-star rating, supported by solid quantitative characteristics. The rating is constrained by soft unit economics, weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
E has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and soft ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 5.6%) is partially offset by slightly negative earnings growth (-0.6%), negative revenue growth (-7.5%), soft profitability (net margin 3.2%).

Financial Health Rating

★★★★★
E's financial health is supported by strong cash strength, including free-cash-flow generation of $4.6B (5.6% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
E's growth profile is soft, with the least-weak measure being earnings growth at -0.6% FY2025 versus FY2024. By comparison, while revenue growth (-7.5%, negative) and free-cash-flow growth (-9.0%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 1.8% (soft) and 60.8% of outstanding shares are publicly tradable (solid). Insider ownership is only 0.00%, which materially reduces the ownership score.

Top 5 Institutional Investors

Morgan Stanley - Brokerage Accounts 0.20%
Natixis Advisors, LLC. 0.18%
JONES FINANCIAL COMPANIES LLLP 0.17%
BlackRock Inc 0.09%
The Goldman Sachs Group Inc 0.09%

Unit Economics (Per $1K Revenue)

★★★★★
E generates approximately $94 of gross profit, $55 of operating income, and $56 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 2-star rating, with solid cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 52.27%

Quantitative Style Profile

★★★★★
E has a large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 78.00B USD
Price to earnings Ratio 12.47
1Y Target Price 55.86
Price to earnings Ratio 12.47
1Y Target Price 55.86
Volume (30-day avg) 335.3K shares
Beta 0.24
52 Weeks Range 32.52 - 57.08
Updated Date 10/02/2026
52 Weeks Range 32.52 - 57.08
Updated Date 10/02/2026
Dividends yield (FY) 4.52%
Basic EPS (TTM) 4.36

How Company Makes Money

Business areaWhat it includesRetail investor read
Exploration & ProductionExtraction and sale of crude oil and natural gas globally.This is the primary engine of Eni, where profit depends directly on global energy prices.
Energy EvolutionBiofuels, circular economy, and renewables.This is the 'future' part of the business, focusing on lowering the carbon footprint for long-term survival.
Geography (Africa/Europe)Operations in Italy and major African gas basins.Regional focus provides a stable supply base but exposes the company to specific regional political events.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 12.47
Forward PE 9.8
Enterprise Value 104.09B
Price to Sales(TTM) 0.87
Enterprise Value 104.09B
Price to Sales(TTM) 0.87
Enterprise Value to Revenue 1.03
Enterprise Value to EBITDA 4.08
Shares Outstanding 1.43B
Shares Floating 871.64M
Shares Outstanding 1.43B
Shares Floating 871.64M
Percent Insiders -
Percent Institutions 1.79

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

News (Last Updated: 10/02/2026)

About Eni SpA ADR

Exchange NYSE
Headquarters Rome, RM, Italy
IPO Launch date 1995-11-27
CEO, GM & Director Mr. Claudio Descalzi
Sector Energy
Industry Oil & Gas Integrated
Full time employees 32168
Full time employees 32168

Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally. The company engages in exploration, development, extracting, manufacturing, trading, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio and Power; Refining and Chemicals; Enilive; Plenitude; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipelines; electricity; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and services. Further, the company engages in the retail marketing of gas, power, and related services; production and wholesale sale of electricity from renewable plants; and building and managing a network of charging points for electric vehicles. Eni S.p.A. was founded in 1953 and is headquartered in Rome, Italy.