E
EnergyEni S.p.A. · Oil & Gas Integrated · $80B
What is Eni S.p.A.?
Eni S.p.A. is a large Italian integrated energy company headquartered in Rome, Italy, with operations spanning oil and gas exploration, refining, chemicals, and renewable power. Founded in 1953, it trades on US markets under the ticker E.
Eni generates revenue across the full energy value chain. Its upstream segment explores and produces crude oil and natural gas globally. A dedicated gas and LNG portfolio segment handles pipeline supply and international LNG trading. Downstream, the company refines and markets fuels and chemicals. Through its Plenitude unit, Eni sells gas and electricity to retail customers and operates renewable power generation assets, giving it exposure to the energy transition alongside its traditional hydrocarbon business.
Eni was founded in 1953 and is headquartered in Rome, Italy.
- Crude oil and natural gas exploration and production
- Global LNG supply, trading, and pipeline transport
- Fuel refining, marketing, and chemical production
- Retail gas and electricity sales via Plenitude
- Renewable power generation and CO2 capture projects
Is E a Good Stock to Buy?
UQS Score rates E as Below Average overall.
Among the five pillars, Valuation stands out as the clearest positive — Eni's shares are rated Attractive relative to peers, which may appeal to investors focused on entry price. That is the lone bright spot in the current composite profile.
Quality, Moat, Growth, and Risk are all rated Weak, reflecting the structural challenges common to integrated oil majors — commodity price dependence, thin competitive differentiation, and limited near-term growth visibility.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does E pay dividends?
Yes — Eni S.p.A. pays a dividend.
Eni pays a regular dividend, a common feature among large European integrated energy companies. The dividend reflects the company's ability to return cash to shareholders even through commodity cycles. Income-focused investors often look to Eni for yield, though the sustainability of payouts is tied closely to oil and gas price levels and free cash flow generation.
When does E report earnings?
Eni S.p.A. reports earnings on a quarterly cadence, consistent with standard practice for internationally listed energy companies.
Results tend to be heavily influenced by global oil and gas prices, refining margins, and LNG market conditions. The diversified segment structure means upstream strength can offset downstream weakness in any given quarter, and vice versa.
For the most recent quarter's results and upcoming reporting dates, visit Eni's official investor relations page.
E Price History
+200.9% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Eni S.p.A.?
Based on Eni S.p.A.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
E Long-term Outlook
With Growth and Risk both rated Weak, the near-term fundamental outlook for E carries meaningful uncertainty. Commodity price volatility remains the dominant variable, and the company's broad exposure to hydrocarbons means earnings can swing sharply. The Attractive Valuation rating suggests the market may already be pricing in a cautious scenario, but a re-rating would likely require improvement in underlying business quality or a sustained commodity tailwind.
Growth drivers
- LNG portfolio expansion into growing global demand markets
- Plenitude renewables buildout diversifying revenue beyond hydrocarbons
- Potential reserve development in existing exploration acreage
Key risks
- Sustained weakness in oil and gas prices compressing upstream margins
- Regulatory and energy-transition pressure on refining and chemicals assets
- Geopolitical exposure across diverse international operating regions
E vs Peers
Eni competes with other large integrated and upstream-focused energy companies across global oil, gas, and LNG markets.
Suncor is a Canadian integrated oil sands specialist with a heavily North America-focused asset base, contrasting with Eni's geographically diverse international portfolio.
Imperial Oil operates primarily in Canadian oil sands and downstream refining, giving it a more concentrated geographic and operational profile than Eni's multi-continent structure.
Equinor is a Norwegian state-majority-owned energy company with a strong offshore heritage and an accelerating renewables strategy, making it a close European peer to Eni in the energy-transition space.
Frequently Asked Questions
What does Eni S.p.A. do?
Eni is an Italian integrated energy company that explores for and produces oil and natural gas, trades LNG, refines and markets fuels and chemicals, and sells gas and electricity to retail customers through its Plenitude unit. It also invests in renewable power generation and carbon capture projects.
Does E pay dividends?
Yes, Eni pays a regular dividend. The company has a long history of returning cash to shareholders through dividends, a practice common among large European integrated energy majors. Dividend levels are sensitive to oil and gas prices and the company's free cash flow in any given period.
When does E report earnings?
Eni reports earnings on a quarterly cadence. For exact upcoming dates, check Eni's investor relations page directly, as our data source does not cover specific future reporting dates.
Is E a good stock to buy?
UQS Score rates E as Below Average overall. The Valuation pillar is rated Attractive, but Quality, Moat, Growth, and Risk are all rated Weak. Whether that valuation discount compensates for the fundamental weaknesses depends on each investor's risk tolerance and commodity outlook. The full pillar breakdown is available to Pro members.
Is E overvalued?
Based on the UQS Valuation pillar, E is rated Attractive — meaning the shares appear reasonably or favorably priced relative to peers. This is the strongest-rated pillar in Eni's current profile. However, an attractive price does not automatically offset weak scores across quality and growth dimensions.
How does E compare to its competitors?
Eni competes with peers like Suncor, Imperial Oil, and Equinor. Compared to North American oil sands operators, Eni has broader geographic diversification and a more developed LNG trading business. Against Equinor, both are European state-linked majors navigating the energy transition, though their asset mixes differ. See the full competitor comparison above.
What is E's market cap bracket?
Eni S.p.A. is classified as a large-cap company, reflecting its scale as one of Europe's major integrated energy groups with operations across dozens of countries.
Who founded Eni S.p.A.?
Eni was founded in 1953. The company's founding and early history are well documented publicly — Enrico Mattei is widely credited as the driving force behind its establishment as Italy's national energy champion. Eni is headquartered in Rome, Italy.
Is E a long-term quality indicator?
As a long-term quality indicator, the UQS composite for E currently sits at Below Average, with Weak ratings across Quality, Moat, Growth, and Risk. Investors with a long-term horizon should weigh the Attractive Valuation against the structural challenges facing integrated oil and gas companies in an evolving energy landscape.
What is the main competitive advantage of Eni S.p.A.?
Eni's scale and geographic diversification across upstream, midstream, and downstream segments provide some operational resilience. Its LNG trading capabilities and the Plenitude renewables platform offer exposure to growing energy markets. However, the UQS Moat pillar is currently rated Weak, suggesting limited durable competitive differentiation relative to peers.
What sector does E belong to?
Eni S.p.A. operates in the Energy sector, specifically as an integrated oil and gas company. It spans upstream exploration and production, LNG trading, refining, chemicals, and retail energy — giving it broad exposure to both traditional hydrocarbon markets and emerging clean energy segments.
Unlock Full E (Eni) Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View exact scores across all five UQS pillars
- ✓Access full financial metrics and trend data
- ✓Compare E against sector peers side by side
- ✓See the complete Quality and Risk breakdown
- ✓Track Valuation changes over time with Pro tools
- ✓Get the full analyst-style report for Eni S.p.A.
Pro Analysis
E — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 34.3 | 22.1 | 16.0 | 29.5 | 39.4 | 86.6 | 0.0 |
| May 21, 2026 | 34.3 | 22.0 | 16.0 | 29.5 | 39.4 | 86.5 | +0.2 |
| May 17, 2026 | 34.1 | 22.0 | 16.0 | 29.0 | 39.4 | 85.8 | 0.0 |
| May 14, 2026 | 34.1 | 22.0 | 16.0 | 29.5 | 39.4 | 85.6 | 0.0 |
| May 12, 2026 | 34.1 | 21.9 | 16.0 | 29.5 | 39.4 | 85.4 | -0.6 |
| May 10, 2026 | 34.7 | 23.3 | 16.0 | 29.5 | 39.4 | 87.2 | +1.5 |
| May 8, 2026 | 33.2 | 9.4 | 16.0 | 29.5 | 44.3 | 95.5 | -1.3 |
| May 7, 2026 | 34.5 | 22.4 | 16.0 | 29.5 | 39.4 | 87.2 | -1.2 |
| May 4, 2026 | 35.7 | 26.5 | 16.0 | 31.0 | 39.1 | 86.7 | -0.1 |
| May 3, 2026 | 35.8 | 26.5 | 16.0 | 31.8 | 39.1 | 86.6 | -0.2 |
E — Pillar Breakdown
Quality
— 22.1/100 (25%)Eni S.p.A. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 29.5/100 (20%)Eni S.p.A. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 39.4/100 (15%)Eni S.p.A. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 86.7/100 (15%)Eni S.p.A. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 16/100 (25%)Eni S.p.A. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for E.
Score Composition
Financial Data
More Stock Analysis
How is the E UQS Score Calculated?
The UQS (Unified Quality Score) for Eni S.p.A. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Eni S.p.A.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Eni S.p.A. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.