ENI traded at $41.55 this Tuesday February 3rd, increasing $0.75 or 1.84 percent since the previous trading session. Looking back, over the last four weeks, ENI gained 9.52 percent. Over the last 12 months, its price rose by 47.60 percent. Looking ahead, we forecast ENI to be priced at 39.76 by the end of this quarter and at 36.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading. The Company's segments include Exploration & Production, Gas & Power, and Refining & Marketing. Its Exploration & Production segment engages in oil and natural gas exploration and field development and production, as well as LNG operations in over 40 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Ghana and Mozambique. Its Gas & Power segment engages in supply, trading and marketing of gas, LNG and electricity, international gas transport activities and commodity trading and derivatives.