Eni SpA
ENI: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€34.80 | Pffm | Ckgpxrcd |
Eni Doubles 2022 Buyback Plans on Strong Second-Quarter Performance
Eni reported second-quarter adjusted net earnings of EUR 3.8 billion compared with adjusted net earnings of EUR 929 million the year before. The improvement was a result of higher oil and gas prices boosting E&P earnings and strong refining margins increasing refining and chemical segment earnings.