Eni SpA
ENI: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€28.10 | Vzw | Wqqhtkl |
Eni Earnings: Profit Falls on Lower Oil and Gas Prices
Eni reported adjusted net earnings of EUR 2.9 billion for the first quarter, a small decline from adjusted net earnings of EUR 3.2 billion a year ago. The weakening profit was a result of lower oil and gas prices, which fell 20% and 42%, respectively, from last year.