OakChart

Eni Spa ADR

EEnergy·Oil & Gas Integrated·Italy·Large·NYSE·Nov 11 • 12:54 PM ET

55.69+0.56 (1.02%)
2026-11-11 18:55 CET
Market cap
80,335.44 USD m
Revenue, TTM
102,540.94 USD m
Net income, TTM
8,904.19 USD m
Free cash flow, TTM
6,066.29 USD m
EPS diluted, TTM
5.92
P/E
9.40
Compare

Price

E against its 20, 50 and 200-day averages
2050200beat
40.0045.0050.0055.0060.00837K1.7MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26Eclose 55.6920-day 58.3450-day 56.48200-day 52.6455.6952w high

10.4% under the 52-week high of 62.16 on 23 Oct 2026. 52-week low 36.13 on 25 Nov 2025. Last 15 sessions, 13.9% high to low

Profile

E
52-week range, 75% of the way up
36.1362.16

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities. The Exploration and Production segment engages in research, development and production of oil, condensates and natural gas, forestry conservation (REDD+) and CO2 capture and storage projects. The Global Gas and LNG Portfolio segment refers to the supply and sale of wholesale natural gas by pipeline, international transport and purchase and marketing of LNG, which includes gas trading activities finalized to hedging and stabilizing the trade margins, as well as optimizing the gas asset portfolio. The Refining & Marketing and Chemicals segment engages in supply, processing, distribution, and marketing of fuels and chemicals. The Corporate and Other Activities segment includes the main business support functions in particular holding, central treasury, IT, human resources, real estate services, captive insurance activities, research and development, new technologies, business digitalization, and environmental activities. The company was founded on February 10, 1953 and is headquartered in Rome, Italy.

Employees32349
IPONov 28, 1995
Beta0.41
ATR, 14d1.21
Rel volume0.69
Short float0.06%
Insider own0.00%
Inst own1.78%

Snapshot

6 groups

Valuation

Index-
Market Cap81.15B
Enterprise Value107.15B
Income8.90B
Sales102.54B
Book/sh42.49
Cash/sh15.70
Dividend Est.2.97 (5.33%)
Dividend TTM2.44 (4.38%)
Dividend Ex-DateNov 24, 2026
Dividend Gr. 3/5Y9.42% 23.85%
Payout95.39%
Employees32349
IPONov 28, 1995

Ratios

P/E9.40
Forward P/E8.67
PEG0.58
P/S0.79
P/B1.31
P/C3.55
P/FCF13.38
EV/EBITDA6.50
EV/Sales1.04
Quick Ratio1.00
Current Ratio1.18
Debt/Eq0.73
LT Debt/Eq0.56
Option/ShortYes / Yes

Earnings

EPS (ttm)5.92
EPS next Y6.42
EPS next Q1.95
EPS this Y77.89%
EPS next Y-5.32%
EPS next 5Y14.95%
EPS past 3/5Y-40.45% -
Sales past 3/5Y-12.68% 13.08%
EPS Y/Y TTM204.92%
Sales Y/Y TTM9.45%
EPS Q/Q345.37%
Sales Q/Q24.96%
EarningsOct 23 BMO
EPS/Sales Surpr.13.83% 10.97%

Ownership

Insider Own0.00%
Insider Trans-
Inst Own1.78%
Inst Trans0.41%
ROA2.68%
ROE7.46%
ROIC9.23%
Gross Margin6.88%
Oper. Margin8.50%
Profit Margin8.68%
SMA20-4.53%
SMA50-1.39%
SMA2005.80%
Trades-

Technical

Shs Outstand1.46B
Shs Float1.46B
Short Float0.06%
Short Ratio2.39
Short Interest0.92M
52W High62.16 -10.41%
52W Low36.13 54.14%
Volatility2.11% 1.65%
ATR (14)1.21
RSI (14)42.88
Beta0.41
Rel Volume0.69
Avg Volume383.33K
Volume144,963

Performance

Perf Week-1.50%
Perf Month-3.06%
Perf Quarter1.66%
Perf Half Y0.31%
Perf YTD46.78%
Perf Year45.82%
Perf 3Y72.63%
Perf 5Y92.90%
Perf 10Y105.12%
Recom2.46
Target Price63.62
Prev Close55.13
Price55.69
Change %1.02%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 07, 2026DowngradeBBNP Paribas ExaneOutperform → Neutral$56.30+1.1%
Jun 25, 2026DowngradeEErste GroupBuy → Hold
Apr 17, 2026UpgradeBBNP Paribas ExaneNeutral → Outperform$64.30+15.5%
Mar 02, 2026UpgradeJJP MorganUnderweight → Overweight
Dec 05, 2025DowngradeJJP MorganOverweight → Underweight
Nov 25, 2025UpgradeUUBSNeutral → Buy
Sep 02, 2025DowngradeRRBC Capital MktsOutperform → Sector Perform
Apr 23, 2025DowngradeRRedburn AtlanticBuy → Neutral
Jan 08, 2025DowngradeUUBSBuy → Neutral
Jan 07, 2025DowngradeMMorgan StanleyOverweight → Equal-Weight$37.50 → $31.60-43.3%

Peers

Mkt cap
TickerCompanyMkt cap
BPBP plc ADR115.98B
TTETotalEnergies SE193.48B
SHELShell Plc ADR276.54B
EQNREquinor ASA ADR98.57B
PBRPetroleo Brasileiro SA Petrobras ADR67.17B
CVXChevron Corp417.14B
XOMExxonMobil Holdings Corp676.38B
SUSuncor Energy Inc80.40B
ECEcopetrol SA ADR31.44B
WDSWoodside Energy Group Ltd ADR40.17B

Held by

AUM
TickerCompanyAUM
AVDEAvantis International Equity ETFAUM: 19.73B
IDVOAmplify CWP International Enhanced Dividend Income ETFAUM: 1.37B
PIDInvesco International Dividend Achievers ETFAUM: 881.07M
AVIVAvantis International Large Cap Value ETFAUM: 2.09B
APIEActivePassive International Equity ETFAUM: 1.13B
HAPVanEck Natural Resources ETFAUM: 327.21M
KOMPState Street SPDR S&P Kensho New Economies Composite ETFAUM: 2.46B
GINXSGI Enhanced Global Income ETFAUM: 107.03M
LENSSarmaya Thematic ETFAUM: 64.30M
RPARRPAR Risk Parity ETFAUM: 545.61M

News

latest 14 of 206
  • Questions Mount Over Venezuelas Biggest Oil Deal (Oilprice.com)
  • Eni begins gas production at Maha field offshore Indonesia (Offshore Technology)
  • Cyprus signs $1.8bn deal to develop first gas field, with exports to Europe via Egypt (Euronews)
  • Bull of the Day: Eni (E) (Zacks)
  • Eni begins execution phase of Cronos gas project in Cyprus (Offshore Technology)
  • Loading…
  • Eni's Profits Soar 125% as Refining Boom Fuels Massive Investor Payouts (Oilprice.com)
  • Eni beats Q3 profit forecasts, lifts buyback 12% and adds extraordinary dividend (Investing.com)
  • Eni SpA: Q3 Earnings Snapshot (Associated Press)
  • ADNOC's XRG in Talks to Buy Stake in Eni's Libya Business (Oilprice.com)
  • Eni initiates start-up of Meleiha phase two gas project in Egypt (Offshore Technology)
  • Ithaca Energy CEO to Retire Amid Major International Expansion (Oilprice.com)
  • Eni Warns of Refinery Shutdown as Steelworkers Block Fuel Deliveries (Oilprice.com)
  • Eni to sell Indonesian upstream stakes to Pertamina and Medco (Offshore Technology)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-232.1261.8682.39828,73325,8925
2026Q22026-07-291.7701.6562.56925,39727,9345
2026Q12026-04-241.0131.1750.83323,11024,8375
2025Q42026-02-260.9280.7430.02324,32321,1615
2025Q32025-10-240.9430.7650.56123,48921,4546
2025Q22025-07-250.8550.6790.39622,01522,1225
2025Q12025-04-241.0280.8350.78925,66422,5867
2024Q42025-02-270.5840.6580.16624,45820,1985
2024Q32024-10-240.8540.7320.35622,37624,3217
2024Q22024-07-261.0130.9540.43823,57426,5634
2024Q12024-04-241.0261.0800.80524,51525,9282
2023Q42024-02-161.0561.0790.09726,52227,9165
2023Q32023-10-271.1471.0971.26323,70234,4997
2023Q22023-07-271.2581.1250.19121,62030,2856
2023Q12023-04-281.5461.5621.52930,01234,8087
2022Q42023-02-231.5681.6160.33333,11423,7948

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY1.7811.9110.09277,78881,595
2020FY-0.509-0.493-5.51153,34367,537
2021FY2.9472.7803.78886,80080,766
2022FY8.0118.0418.364140,125125,618
2023FY5.3005.3313.101100,947101,835
2024FY3.3943.6011.69092,46494,792
2025FY3.8123.6271.84196,926101,697
2026FY-6.782--113,910
2027FY-6.421--107,977
2028FY-5.790--102,105
2029FY-7.070--95,608
2030FY-7.173---

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0632129,44419,39435,758
2026Q4S2026-10-2332129,48519,51735,758
2026Q4S2026-10-0733027,95619,51736,388
2026Q4S2026-10-0532127,84219,17436,388
2026Q4S2026-09-2531226,73119,17436,388
2026Q4S2026-09-2231226,33219,17435,191
2026Q4S2026-09-0932126,43719,49135,191
2026Q4S2026-09-0732124,76919,49130,187
2026Q4S2026-07-2931224,63019,07230,187
2026Q4S2026-07-1030323,75719,10326,465
2026Q4S2026-07-0230323,75019,10326,445
2026Q4S2026-07-0130323,86319,44326,445
2026Q4S2026-06-3030324,06019,44327,034
2026Q4S2026-06-0931225,36819,44329,627

Estimate history

EPS, annual2.1212.7010.092-5.5113.7888.3643.1011.691.7565.923
Period201720182019202020212022202320242025TTM
EPS, quarterly0.3560.1660.7890.3960.5610.0230.8332.5692.498
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual75480.25389450.98678214.21350144.05590510.189139266.709101318.91196050.89492713.807102540.94
Period201720182019202020212022202320242025TTM
Sales, quarterly22693.74325054.47123748.83221271.50123610.93323994.46123096.70825944.70429505.069
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual1800.571800.571786.2751786.2751769.8781672.6951609.4111540.6761478.8411457.206
Period201720182019202020212022202320242025MRQ
Shares, quarterly1590.6531540.6761540.6761540.6761540.6761478.8411478.8411457.2061457.206
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue102,540.9492,713.8196,050.89101,318.91139,266.7190,510.1950,144.0578,214.2189,450.99
Cost of Goods Sold Incl. D&A95,487.7783,195.3883,566.0286,754.12110,975.5372,953.0446,530.3466,294.2273,002.91
Gross Profit7,053.179,518.4312,484.8714,564.7928,291.1817,557.143,613.7211,920.0016,448.07
Selling, General and Administrative Excl. Other5.523,454.584,059.593,704.984,543.364,131.022,757.603,121.583,969.86
Research and Development-233.62192.54179.47172.36209.21178.98217.13232.41
Other Operating Expense-1,667.78-1,639.82-2,562.53321.091,952.71-451.52-803.68-409.64540.33
Operating Income8,715.437,703.6710,987.8110,538.7121,795.1113,877.641,659.809,208.0611,937.89
Interest Expense7,773.661,412.981,381.321,131.93958.491,031.871,021.421,262.511,116.04
Unusual Expense2,718.432,908.354,555.00411.913,640.58-52.014,493.782,476.901,351.99
Net Income Before Taxes6,377.005,210.646,082.359,613.2821,238.0913,919.01-4,839.196,529.7012,003.95
Income Taxes3,654.463,408.314,029.305,803.438,500.285,726.703,020.936,257.727,043.11
Consolidated Net Income5,159.312,845.152,847.015,254.2214,672.656,902.77-9,835.70173.484,880.62
Net Income From Continuing Operations4,464.792,675.862,695.575,158.0014,594.886,880.31-9,843.68165.654,867.65
Net Income8,904.192,675.862,695.575,158.0014,594.886,880.31-9,843.68165.654,867.65
EPS (Recurring)7.273.073.663.279.823.77-3.751.063.23
EPS (Basic, Before Extraordinaries)6.101.771.703.128.383.86-5.510.092.70
EPS (Diluted)5.921.761.693.108.363.79-5.510.092.70
EBITDA16,484.2616,279.7419,490.9918,993.0429,576.5222,396.179,576.9318,806.7320,473.38
Non-Operating Income (Expense)8,153.661,828.301,030.85618.404,042.051,021.23-983.801,061.052,534.10
Other After Tax Adjustments0.00-267.47-142.780.000.000.000.000.000.00
Price To Earnings Ratio9.039.0315.8210.232.756.91-290.4311.39
Price To Sales Ratio0.780.630.460.560.360.550.730.710.63
Gross Margin6.8810.2713.0014.3820.3119.407.2115.2418.39
Operating Margin8.508.3111.4410.4015.6515.333.3111.7713.35
Net Margin8.682.892.815.0910.487.60-19.630.215.44
Shares Outstanding1,457.211,478.841,540.681,609.411,672.701,769.881,786.271,786.271,800.57
Market Capitalization80,335.4480,335.4443,520.1853,563.0350,488.0349,390.3736,502.7955,494.8756,717.96

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue29,505.0725,944.7023,096.7123,994.4623,610.9321,271.5023,748.8325,054.47
Cost of Goods Sold Incl. D&A26,596.5623,564.6421,719.7023,606.8722,318.4320,119.9121,578.6523,977.11
Gross Profit2,908.512,380.071,377.00387.591,292.501,151.592,170.181,077.36
Selling, General and Administrative Excl. Other46.0259.3058.50-158.29-3.5165.7496.83192.00
Other Operating Expense-438.35-411.60-373.21-444.62-399.67-402.38-419.93-516.28
Operating Income3,300.842,732.371,691.72990.511,695.681,488.222,493.291,401.63
Interest Expense2,045.622,402.161,919.851,406.03363.44240.29251.54273.07
Unusual Expense131.161,461.53271.42854.33162.44296.96342.051,446.43
Net Income Before Taxes1,969.693,598.59639.95168.771,502.851,249.062,193.33-22.40
Income Taxes999.801,525.48941.79187.39911.53956.631,299.79-260.27
Consolidated Net Income1,863.843,106.7629.25159.461,010.86635.871,257.69325.34
Net Income From Continuing Operations1,533.643,040.49-214.10104.75938.41615.461,233.49263.47
Net Income3,687.413,859.031,252.99104.75938.41615.461,233.49263.47
EPS (Recurring)2.563.250.960.420.630.530.940.80
EPS (Basic, Before Extraordinaries)2.552.630.850.070.620.400.810.17
EPS (Diluted)2.502.570.830.020.560.400.790.17
EBITDA5,088.754,711.303,585.833,098.393,848.293,554.514,464.553,551.02
Non-Operating Income (Expense)845.634,729.901,139.511,438.62333.06298.10293.64295.47
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio9.0324.0529.7518.9520.0718.1717.1915.82
Price To Sales Ratio0.780.730.930.620.570.540.510.45
Gross Margin9.869.175.961.625.475.419.144.30
Operating Margin11.1910.537.324.137.187.0010.505.59
Net Margin12.5014.875.420.443.972.895.191.05
Shares Outstanding1,457.211,457.211,478.841,478.841,540.681,540.681,540.681,540.68
Market Capitalization80,335.4466,515.4380,355.0655,840.8551,440.1147,716.4047,068.9643,520.18

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments17,723.6215,511.7918,751.4319,643.8016,551.9518,249.2514,316.3619,877.0918,021.61
Short Term Receivables19,595.7019,344.1819,780.9724,184.9526,557.0314,144.2415,525.3017,322.1519,454.16
Inventories6,040.206,481.196,833.368,227.436,905.084,763.285,313.915,316.795,548.90
Other Current Assets4,630.863,792.006,226.9113,683.2115,504.583,046.644,029.782,581.23724.08
Total Current Assets47,990.3845,129.1651,592.6865,739.4065,518.6440,203.4139,185.3545,097.2743,748.75
Net Property, Plant & Equipment65,440.3568,017.8567,530.5764,865.3269,505.6671,682.9075,814.7768,934.2375,840.13
Total Investments and Advances17,179.8516,252.1715,457.3714,385.468,284.509,800.6411,306.949,253.804,662.71
Long-Term Note Receivable1,228.473,264.932,474.422,039.512,083.351,166.041,256.081,409.502,118.21
Intangible Assets6,548.736,109.457,046.565,896.565,457.423,592.343,433.733,623.793,512.34
Deferred Tax Assets10,391.539,801.019,103.429,381.139,718.518,767.9610,128.328,705.0910,023.08
Other Assets14,705.296,835.348,477.084,558.222,731.552,686.922,670.432,505.783,226.55
Total Assets163,484.61155,409.91161,682.10166,865.60163,299.65137,900.20143,795.62139,529.46143,131.76
Short Term Debt Incl. Current Port. of LT Debt11,305.2610,457.518,992.968,993.725,717.846,900.827,292.886,610.845,437.22
Accounts Payable16,326.0315,708.5315,720.2720,840.1919,099.2710,619.1911,763.8013,311.9813,076.71
Income Tax Payable402.84607.841,861.342,249.76736.91297.32511.86502.99566.78
Other Current Liabilities12,213.1112,395.9713,258.0119,909.5523,518.4311,169.7913,706.8512,019.0810,621.08
Total Current Liabilities40,247.2339,169.8639,832.5751,993.2249,072.4528,987.1233,275.3932,444.8829,701.79
Long Term Debt34,735.5332,870.9134,247.4630,353.6637,644.7331,890.6126,568.4522,956.7424,230.94
Provision for Risks Charges17,823.4517,039.1517,984.8117,132.5616,389.3317,911.5517,109.1514,864.3817,374.38
Deferred Tax Liabilities8,147.169,033.709,346.449,941.4312,131.6510,499.2810,756.929,094.9012,210.94
Other Liabilities6,407.804,850.286,623.483,836.763,120.482,737.082,317.961,784.461,880.45
Total Liabilities107,361.17102,963.91108,034.77113,257.64118,358.6492,025.6490,027.8781,145.3685,398.49
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity50,430.8849,481.3753,139.1953,105.2944,847.7645,779.1253,699.2858,318.9457,674.42
Total Shareholders Equity50,430.8849,481.3753,139.1953,105.2944,847.7645,779.1253,699.2858,318.9457,674.42
Accumulated Minority Interest5,692.562,964.64508.14502.6793.2595.4468.4765.1658.84
Total Equity56,123.4452,446.0053,647.3353,607.9744,941.0145,874.5653,767.7558,384.1057,733.26
Total Liabilities & Stockholders Equity163,484.61155,409.91161,682.10166,865.60163,299.65137,900.20143,795.62139,529.46143,131.76
Book Value Per Share34.1032.1233.0231.7525.3425.6330.0632.3932.03
Tangible Book Value Per Share29.6728.1528.6428.2222.2623.6228.1430.3830.08
Full-Time Employees32,34932,49233,14232,18832,68931,49532,05331,70132,934
Price to Book Ratio1.300.760.950.901.090.801.030.971.09
Return on Assets1.681.703.148.844.57-6.990.123.442.73
Return on Equity5.365.259.7129.8015.18-19.790.308.396.70
Return on Invested Capital3.143.275.9017.498.34-12.670.215.994.65
Quick Ratio1.040.991.121.111.191.221.021.231.29
Current Ratio1.191.151.301.261.341.391.181.391.47

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income5,190.703,112.622,989.795,254.2214,672.656,902.77-9,835.70173.484,880.62
Depreciation7,843.278,293.928,220.858,085.667,572.278,348.338,326.379,072.638,244.09
Other Funds (Non Cash)2,272.361,525.842,742.091,046.52-2,591.702,848.576,057.824,213.971,049.98
Funds from Operations15,306.3412,046.4412,884.0214,386.4119,653.2218,856.145,517.4813,460.0814,174.69
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital1,238.452,997.501,277.481,958.98-1,303.21-3,654.69-20.52409.641,925.35
Cash from Operating Activities16,544.7915,043.9414,161.5016,345.3918,350.0115,201.465,496.9613,869.7316,100.04
Capital Expenditures-10,977.39-10,415.65-9,183.55-9,962.48-8,469.80-6,188.85-5,294.04-9,374.83-10,758.14
Net Assets From Acquisitions-802.26-221.20-1,941.63-1,397.88-1,782.45-2,246.95-124.26-6.72-195.84
Sale of Fixed Assets and Businesses862.012,529.143,061.18558.94253.28334.5013.68504.781,284.75
Purchase or Sale of Investments-470.58-617.33-294.22-1,370.85-608.51-907.76-304.37-3,307.38-355.10
Purchase of Investments-624.88-769.69-863.19-1,421.67-1,760.38-1,257.63-322.61-3,370.06-657.12
Sale Or Maturity of Investments154.29152.36568.9750.811,151.87349.8718.2462.68302.02
Other Uses-3,777.58-1,611.61-1,720.97-645.43-367.84-5,658.14-1,052.20-915.55-653.58
Other Sources1,156.35643.2997.352,675.763,696.28457.431,532.13324.581,787.32
Cash from Investing Activities-14,009.46-9,693.36-9,981.84-10,141.95-7,279.05-14,209.77-5,229.06-12,775.10-8,890.59
Cash Dividends Paid-3,604.70-3,476.02-3,318.63-3,293.08-3,162.38-2,787.11-2,240.05-3,377.89-3,484.98
Change in Capital Stock-2,246.90-2,139.78-2,176.36-1,949.25-2,522.34-472.790.00-447.700.00
Repurchase of Common Pref Stock-3,050.13-2,139.78-2,176.36-1,949.25-2,522.34-472.790.00-447.700.00
Sale of Common Pref Stock803.230.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options803.230.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net3,507.60-3,253.69375.35276.77-2,844.991,985.733,551.02-1,723.64377.52
Change in Long Term Debt5,975.33-2,572.03-1,332.641,956.82-4,145.04787.202,482.86-1,903.841,218.68
Issuance of Long Term Debt10,090.622,126.243,803.225,374.23136.634,203.126,016.792,026.964,471.25
Reduction of Long Term Debt-4,115.29-4,698.27-5,135.87-3,417.41-4,281.67-3,415.92-3,533.92-3,930.80-3,252.57
Net Financing Active Other Cash Flow3,891.815,421.69-33.53-103.79500.26-26.003,388.00-5.60-3.54
Other Financing Activities Uses-417.24-312.62-48.68-103.79-63.06-26.00-3.42-5.60-3.54
Cash from Financing Activities667.80-4,858.53-6,456.61-6,110.47-9,074.11-2,410.063,708.34-6,536.41-3,111.00
Exchange Rate Effect96.32-223.4689.78-67.0316.8261.46-78.668.9521.24
Net Change in Cash3,299.45268.60-2,187.1825.952,013.67-1,356.913,897.57-5,432.834,119.69
Free Cash Flow6,066.295,223.065,503.646,897.5210,254.369,348.29473.094,842.995,744.20
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow32.5633.5320.2215.707.057.53-37.9825.12
Deferred Taxes & Investment Tax Credit--885.93-1,068.710.000.00756.47968.98406.29707.85

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments22,873.7517,250.1117,032.9717,723.6218,505.0818,809.77
Short Term Receivables18,331.4820,877.8017,598.7019,595.7015,524.1016,416.29
Inventories9,099.297,325.126,221.886,040.207,355.506,805.98
Other Current Assets9,350.323,902.0811,099.144,630.865,010.205,904.47
Total Current Assets59,654.8449,355.1251,952.7047,990.3846,394.8847,936.51
Net Property, Plant & Equipment62,581.9361,867.3962,158.8965,440.3569,071.2068,300.46
Total Investments and Advances35,950.7922,088.5616,947.7117,179.8521,732.8020,613.98
Intangible Assets1,732.171,751.541,772.086,548.737,073.507,537.29
Deferred Tax Assets7,808.979,309.897,745.0910,391.537,175.737,127.62
Other Assets7,280.8024,838.1929,610.3914,705.297,160.458,374.25
Total Assets175,009.50170,424.87170,186.85163,484.61158,608.55159,890.11
Short Term Debt Incl. Current Port. of LT Debt10,782.6210,066.7611,939.1011,305.2612,395.0812,240.91
Accounts Payable25,850.8116,992.8724,193.9016,326.0320,786.9221,582.41
Income Tax Payable440.71480.19558.82402.84814.27488.32
Other Current Liabilities13,577.9512,477.988,102.2712,213.115,846.806,183.84
Total Current Liabilities50,652.0940,017.7944,794.0840,247.2339,843.0740,495.48
Long Term Debt34,535.5239,083.7130,195.7134,735.5328,349.2228,688.89
Provision for Risks Charges16,867.3716,516.1116,900.4717,823.4517,784.8017,748.61
Deferred Tax Liabilities4,898.927,181.075,516.738,147.166,135.856,118.11
Other Liabilities2,585.199,397.9310,225.776,407.804,260.554,149.56
Total Liabilities109,539.10112,196.60107,632.76107,361.1796,373.5097,200.65
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity61,912.9152,592.9456,681.3350,430.8857,860.5358,384.95
Total Shareholders Equity61,912.9152,592.9456,681.3350,430.8857,860.5358,384.95
Accumulated Minority Interest3,557.485,635.335,872.765,692.564,374.524,304.51
Total Equity65,470.3958,228.2762,554.0956,123.4462,235.0562,689.46
Total Liabilities & Stockholders Equity175,009.50170,424.87170,186.85163,484.61158,608.55159,890.11
Book Value Per Share42.4936.0938.3334.1037.5637.90
Tangible Book Value Per Share41.3034.8937.1329.6732.9633.00
Full-Time Employees-32,168-32,349--
Price to Book Ratio1.301.221.661.010.920.86
Return on Assets2.682.340.891.811.941.67
Return on Equity7.466.972.525.795.314.83
Return on Invested Capital3.824.211.440.121.090.71
Quick Ratio1.001.051.021.040.981.02
Current Ratio1.181.231.161.191.161.18

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income-423.345,413.6529.25171.151,045.71650.01
Depreciation1,784.762,079.031,894.112,085.382,225.072,044.04
Other Funds (Non Cash)3,067.10-1,625.62621.23209.66275.18-94.01
Funds from Operations4,428.515,867.062,544.592,466.183,545.952,600.04
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital353.93-842.52-907.862,634.90156.831,229.75
Cash from Operating Activities4,782.445,024.541,636.735,101.083,702.783,829.79
Capital Expenditures-2,017.34-2,580.10-2,846.43-3,533.51-2,614.56-2,393.11
Net Assets From Acquisitions3.25-583.460.00-222.050.000.00
Sale of Fixed Assets and Businesses1,463.5746.7611.70-660.021,553.6894.71
Purchase or Sale of Investments-105.19-244.33-76.05-45.02-212.91-97.60
Purchase of Investments-153.85-275.90-76.05-119.08-272.24-117.16
Sale Or Maturity of Investments48.6631.570.0074.0659.3219.56
Other Uses-2,226.841.75-1,010.82-541.67-631.79-200.16
Other Sources136.9678.00591.98349.4039.97117.46
Cash from Investing Activities-2,745.60-3,281.38-3,329.61-4,652.87-1,865.61-2,478.71
Cash Dividends Paid-897.99-918.53-896.16-892.02-941.68-850.53
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,290.92-654.59-338.1136.73-657.95-317.29
Repurchase of Common Pref Stock-1,290.92-654.59-338.11-766.50-657.95-317.29
Sale of Common Pref Stock0.000.000.00803.230.000.00
Proceedsfrom Stock Options0.000.000.00803.230.000.00
Issuance or Reduction of Debt, Net2,133.29-95.783,912.24-1,913.93-154.63-370.72
Change in Long Term Debt3,183.141,921.88662.18208.13-1,614.55213.78
Issuance of Long Term Debt3,454.893,296.942,684.98653.801,856.482,465.88
Reduction of Long Term Debt-271.75-1,375.06-2,022.80-445.68-3,471.03-2,252.10
Net Financing Active Other Cash Flow2,004.23-123.93-23.402,034.9189.32714.79
Other Financing Activities Uses-27.08-123.93-23.40-242.83-35.14-22.17
Cash from Financing Activities1,636.70-2,174.942,254.45-1,048.41-2,033.66-1,162.38
Exchange Rate Effect66.139.3417.553.30-6.00-134.27
Net Change in Cash3,739.67-422.43579.11-596.90-202.4854.44
Free Cash Flow2,898.912,554.31-1,128.981,742.051,230.491,576.99
Price to Free Cash Flow32.5693.93-32.8836.4434.68

Revenue breakdown

Africa2024: 8.96B 2025: 7.59B
Americas2024: 8.56B 2025: 7.01B
Asia2024: 9.86B 2025: 10.91B
Italy2024: 33.53B 2025: 32.31B
Other European Union2024: 17.28B 2025: 18.02B
Other countries2024: 30.29M 2025: 42.86M
Rest of Europe2024: 17.84B 2025: 16.77B
All other segments2024: 201.24M 2025: 295.51M
Enilive2024: 20.20B 2025: 18.43B
Exploration & Production2024: 42.06B 2025: 41.86B
Global Gas and LNG Portfolio and Power2024: 16.30B 2025: 14.78B
Plenitude2024: 10.95B 2025: 11.41B
Refining and Chemicals2024: 6.36B 2025: 5.89B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.06%0.9M1457.2M362.52K
2026-10-150.05%0.8M1457.2M364.70K
2026-09-300.04%0.7M1457.2M369.33K
2026-09-150.05%0.8M1457.2M421.10K
2026-08-310.07%1.0M1457.2M409.16K
2026-08-140.06%0.8M1457.2M408.73K
2026-07-310.09%1.4M1457.2M423.54K
2026-07-150.08%1.2M1419.4M441.40K
2026-06-300.08%1.1M1419.4M501.01K
2026-06-150.10%1.4M1419.2M531.90K
2026-05-290.11%1.5M1419.4M573.09K
2026-05-150.12%1.7M1419.3M582.59K
2026-04-300.13%1.8M1419.3M562.61K
2026-04-150.11%1.6M1419.3M515.80K
2026-03-310.10%1.4M1419.5M465.45K
2026-03-130.10%1.5M1412.4M332.94K
2026-02-270.09%1.3M1412.4M277.56K
2026-02-130.07%1.0M1471.8M256.05K
2026-01-300.06%0.9M1471.7M256.01K
2026-01-150.06%0.9M1471.7M258.79K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call25.0028.7032.9029.404.9820.000.000.983-0.0450.003
call27.5026.2030.400.004.4930.000.000.981-0.0450.004
call30.0023.7027.900.004.0500.000.000.979-0.0440.004
call32.5021.2025.400.003.6910.000.000.859-0.5230.019
call35.0018.7022.900.003.2660.000.000.973-0.0420.005
call37.5016.2020.400.002.9520.000.000.826-0.4930.022
call40.0013.7017.900.002.5460.000.000.807-0.4740.024
call42.5011.7015.400.002.2930.000.000.783-0.4510.026
call45.009.3012.900.001.9820.000.000.757-0.4260.027
call47.506.8010.400.001.6790.000.000.725-0.3960.029
call50.004.307.900.001.3780.000.000.686-0.3610.031
call52.502.205.604.501.15118.000.000.636-0.2930.033
call55.000.303.401.200.88921.000.000.560-0.2220.034
call57.500.004.802.061.1849.000.000.467-0.2160.035
call60.000.002.650.101.2474560.000.383-0.2270.033
call62.500.002.600.551.4526.000.000.345-0.2590.032
call65.000.002.600.331.5342.000.000.297-0.2440.031
call67.500.002.501.951.7631.000.000.293-0.2940.030
call70.000.002.600.171.9261.000.000.277-0.3120.029
call75.000.002.600.002.2200.000.000.252-0.3430.028
call80.000.002.600.012.5107.000.000.234-0.3730.027
put25.000.004.900.033.4440.001.00-0.040-0.1430.008
put27.500.004.900.005.9580.000.00-0.111-0.5450.017
put30.000.004.900.002.7610.000.00-0.050-0.1380.009
put32.500.004.900.004.7370.000.00-0.137-0.5020.019
put35.000.004.901.282.1811.000.00-0.063-0.1310.011
put37.500.004.900.003.1180.000.00-0.145-0.3450.020
put40.000.004.901.083.5931.000.00-0.193-0.4770.024
put42.500.004.801.602.44128.000.00-0.183-0.3140.023
put45.000.004.900.002.8420.000.00-0.240-0.4300.027
put47.500.004.900.002.4710.000.00-0.273-0.3990.029
put50.000.004.900.382.1294.000.00-0.310-0.3650.031
put52.500.004.901.331.2113.000.00-0.331-0.2000.032
put55.000.004.900.901.4106.000.00-0.432-0.2250.034
put57.500.054.501.800.98615.000.00-0.538-0.2190.035
put60.003.006.500.001.0910.000.00-0.615-0.2280.033
put62.504.708.900.001.2730.000.00-0.654-0.2600.032
put65.007.2011.405.251.4631.000.00-0.681-0.2850.031
put67.5010.0013.900.001.6410.000.00-0.706-0.2960.030
put70.0012.2016.300.001.7590.000.00-0.723-0.3160.029
put75.0017.4021.300.002.0500.000.00-0.747-0.3440.028
put80.0022.4026.300.002.3030.000.00-0.765-0.3690.027

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-30SEC
2026-10-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-23SEC
2026-10-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-23SEC
2026-10-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-16SEC
2026-10-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-14SEC
2026-10-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-02SEC
2026-09-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-22SEC
2026-09-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-14SEC
2026-09-166-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-11SEC
2026-09-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-04SEC
2026-09-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-28SEC
2026-08-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-26SEC
2026-08-196-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-14SEC
2026-08-126-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-07SEC
2026-08-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-31SEC
2026-08-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-31SEC
2026-08-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-29SEC
2026-07-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-24SEC
2026-07-226-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-17SEC
2026-07-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-10SEC
2026-07-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-08SEC
2026-07-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-01SEC
2026-06-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-19SEC
2026-06-176-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-17SEC
2026-06-106-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-05SEC
2026-06-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-29SEC
2026-05-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-22SEC
2026-05-26SDSpecialized Disclosure ReportSEC
2026-05-206-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-20SEC
2026-05-18SCHEDULE 13DSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
MORGAN STANLEY0.21%
NATIXIS ADVISORS, LLC0.18%
JONES FINANCIAL COMPANIES LLLP0.18%
BlackRock, Inc.0.09%
GOLDMAN SACHS GROUP INC0.09%
AMERICAN CENTURY COMPANIES INC0.08%
NORTHERN TRUST CORP0.06%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP0.06%
FMR LLC0.05%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/0.04%

Funds

Fund% owned
VANGUARD WELLINGTON FUND2.43%
MFS Total Return Bond Fund1.91%
VANGUARD WELLESLEY INCOME FUND1.84%
MFS Income Fund1.76%
VANGUARD LONG-TERM INVESTMENT-GRADE FUND1.74%
JPMorgan Core Plus Bond Fund1.28%
Baird Aggregate Bond Fund1.27%
THE HARTFORD BALANCED INCOME FUND1.21%
PIMCO Multisector Bond Active Exchange-Traded Fund1.21%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND1.05%

OakChart. E. Cached 15 minutes.

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