Eni SpA ADR
E: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$29.11 | Jxgr | Qjzpbks |
Eni Aims To Grow Overall Energy Production, Including Hydrocarbons, in Energy Transition
Business Strategy and Outlook
Eni’s latest strategy to achieve carbon neutrality in 2050 mirrors that of many peers as it seeks to invest in new low-carbon businesses. However, as with others its legacy hydrocarbon business will remain the primary earnings driver during the next decade and command the majority of investment.