News headlines about ENI (NYSE:E) have been trending somewhat negative on Monday, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ENI earned a news sentiment score of -1.83 on their scale. InfoTrie also assigned media coverage about the oil and gas exploration company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted ENI’s score:
- Eni discovers new resources in the Gulf of Suez offshore Egypt – Oil and Gas Middle East (oilandgasmiddleeast.com)
- Eni’s oil output hits third-quarter record with more to come – Reuters (reuters.com)
- Eni announced new oil discovery in Gulf of Suez offshore Egypt – Egypttoday (egypttoday.com)
- Eni SpA (E) Q3 2019 Results – Earnings Call Transcript – Seeking Alpha (seekingalpha.com)
- ENI (NYSE:E) Receives Daily Coverage Optimism Rating of -1.83 (americanbankingnews.com)
Shares of E opened at $31.04 on Monday. The stock has a market capitalization of $56.80 billion, a PE ratio of 10.35, a P/E/G ratio of 4.16 and a beta of 0.74. ENI has a 1 year low of $28.54 and a 1 year high of $36.34. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.16 and a current ratio of 1.30. The company’s 50-day simple moving average is $30.63 and its 200-day simple moving average is $31.67.
ENI (NYSE:E) last issued its quarterly earnings results on Friday, July 26th. The oil and gas exploration company reported $0.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.29). The business had revenue of $21.16 billion for the quarter. ENI had a return on equity of 8.51% and a net margin of 4.59%. On average, sell-side analysts predict that ENI will post 2.19 earnings per share for the current year.
The company also recently announced a — dividend, which was paid on Thursday, October 10th. Investors of record on Tuesday, September 24th were issued a $0.9545 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a yield of 4.6%. ENI’s dividend payout ratio (DPR) is 45.00%.
E has been the topic of several research reports. Credit Suisse Group cut shares of ENI from an “outperform” rating to a “neutral” rating and set a $18.00 price target on the stock. in a research report on Wednesday, September 4th. Zacks Investment Research raised shares of ENI from a “strong sell” rating to a “hold” rating and set a $27.00 price target on the stock in a research report on Thursday, July 18th. Kepler Capital Markets reissued a “buy” rating on shares of ENI in a research report on Monday, September 16th. ValuEngine raised shares of ENI from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Berenberg Bank cut shares of ENI from a “buy” rating to a “hold” rating in a research report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $20.67.
ENI Company Profile
Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.
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