19-Apr-2024
No press releases found.
The Energy sector is looking attractive again - SSGA
Seeking Alpha News (Fri, 19-Apr 11:01 AM ET)
U.S. reimposes oil sanctions on Venezuela; some oil firms can continue operations
Seeking Alpha News (Wed, 17-Apr 4:28 PM ET)
Kazakhstan compensation claims against Kashagan oil firms top $150B - Bloomberg
Seeking Alpha News (Wed, 17-Apr 12:32 PM ET)
Biogen’s Alzheimer's drug to cost $3.5B for Medicare in 2025: report
Seeking Alpha News (Tue, 16-Apr 3:31 PM ET)
What's Going On With Italian Energy Company Eni Shares Today?
Benzinga (Tue, 16-Apr 7:36 AM ET)
Eni aims to sell stakes in biofuel, bioplastic units by year-end - Reuters
Seeking Alpha News (Mon, 15-Apr 12:16 PM ET)
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, the company produced 0.8 million barrels of liquids and 4.5 billion cubic feet of natural gas per day. At end-2022, Eni held reserves of 6.6 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.
Eni S.P.A. trades on the NYSE stock market under the symbol E.
As of April 19, 2024, E stock price climbed to $32.51 with 158,694 million shares trading.
E has a beta of 0.23, meaning it tends to be less sensitive to market movements. E has a correlation of 0.03 to the broad based SPY ETF.
E has a market cap of $51.93 billion. This is considered a Large Cap stock.
In the last 3 years, E stock traded as high as $34.30 and as low as $20.38.
The top ETF exchange traded funds that E belongs to (by Net Assets): ICOW, GCOW, AVDE, CAMX, AVIV.
E has underperformed the market in the last year with a return of +12.7%, while the SPY ETF gained +21.2%. In the last 3 month period, E fell short of the market, returning +3.2%, while SPY returned +4.3%. However, in the most recent 2 weeks E has outperformed the stock market by returning -2.3%, while SPY returned -3.5%.
E support price is $31.76 and resistance is $32.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that E stock will trade within this expected range on the day.