# Eni S.p.A. share price today (Eni S.p.A., E) > Eni S.p.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. E · Energy · Oil & Gas Integrated · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/e Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $58.33 (+58.0% in a year) - P/E: 10.5×, against its own history - Revenue (Sep 2026): EUR 26.0 B (+26.7% on a year ago) - Profit (Sep 2026): EUR 3.4 B (+290.4% on a year ago) - Operating margin: 8.6% (+1.2 points on a year ago) - ROE: 5%, FY25 - ROIC: 7.3%, against a 3.7% cost of capital: +3.6 points - Profit that came in as cash: 400%, last 3 years Biggest thing to watch: the price has already been rising for 60 weeks, so timing is the risk more than the business. ## What is the Eni S.p.A. share price today? Eni S.p.A.'s share price was $58.33 at the close on 3 November 2026. It has been rising for 60 weeks. That is 11.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $37 and $62, and at that close it sat 85% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 9 weeks in a row. Over the last 10 years the share price moved +81% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Eni S.p.A. pay? Eni S.p.A. declared EUR 0.27 per local share for Dec 2025, and EUR 1.04 over the last four reported quarters. It reports in euros, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is Eni S.p.A. on? Eni S.p.A. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Eni S.p.A. profitable? Eni S.p.A. earned EUR 3.4 B of net profit in the Sep 2026 quarter, +290.4% on the same quarter a year earlier. Full-year FY25 profit was EUR 2.8 B. Over 4 years profit has grown −17.1% a year on average. That is 13.0% of the quarter's revenue. The same quarter a year earlier earned EUR 865 M. For the full year, FY25 profit was EUR 2.8 B (−0.2% on the year before). Why profit moved: revenue changed +26.7% on a year earlier and the margin moved +1.2 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +81.7% and revenue +0.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## How much revenue does Eni S.p.A. make, and is it growing? Eni S.p.A. reported EUR 26.0 B of revenue in the Sep 2026 quarter, +26.7% on the same quarter a year earlier. Over 4 years it has grown 1.9% a year on average. The last full year, FY25, came in at EUR 83.6 B. The last four reported quarters add to EUR 89.7 B. FY25 revenue was EUR 83.6 B, −8.3% on the year before. Recent pace: the last four quarters grew +0.6% on average, against 1.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +1.5%, against −2.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +162.0%, against +36.4% a year (accelerating). This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## How much of its sales does Eni S.p.A. keep? Eni S.p.A.'s operating margin was 8.6% in the Sep 2026 quarter, 1.2 percentage points higher than the same quarter a year ago. Across 5 years it has been between 6.3% and 16.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.2 percentage points on the year while gross margin changed +1.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Eni S.p.A.'s profit turning into cash? Over the last 3 years, 400% of Eni S.p.A.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in EUR 13.3 B of operating cash against EUR 2.8 B of profit. After EUR 8.7 B of spending on assets, EUR 4.6 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## Where does Eni S.p.A.'s cash go? Eni S.p.A. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent EUR 25.4 B on assets over the last 3 years. Averaged over those years that is 10.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: EUR 25.4 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## What is Eni S.p.A.'s P/E ratio, and how does it compare with its own history? Eni S.p.A.'s P/E is 10.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Eni S.p.A. business getting better or worse? Eni S.p.A.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Eni S.p.A. earn on its capital? Eni S.p.A. earned a ROE of 5% in FY25. Its return on capital used (ROIC) is 3.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 3.3% net margin and 0.61× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 3.3% net margin × 0.61× asset turnover × 2.60× leverage (assets divided by equity) ≈ 5.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 7.3% − 3.7% = +3.6 percentage points. The 3.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 7.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 3.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Eni S.p.A. have too much debt? Eni S.p.A. has total debt of EUR 39.9 B against shareholder equity of EUR 57.6 B as of Sep 2026, so its debt is 0.69× its equity. Year by year, that ratio went from 0.74 in FY21 to 0.65 in FY25. Keep that borrowing in mind when reading the returns on this page. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## What is the Eni S.p.A. shareholding pattern? We have no ownership or short-position figures for Eni S.p.A., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Eni S.p.A. from balance-sheet trouble? For Eni S.p.A., the Z-score is 1.62. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.62 is inside the danger zone, so the balance sheet is a real risk. ## How does Eni S.p.A. rank in its industry? 47.7 out of 100, rank 11 of 13 in Oil & Gas Integrated, with 68% of the evidence available. Eni S.p.A. scores 47.7 out of 100 against the 13 companies it is compared with in Oil & Gas Integrated, ranking 11. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.1 + 6.6 + 15.3 + 9.7 = 47.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Eni S.p.A. compared with? Eni S.p.A. ranks 11 of 13 Oil & Gas Integrated companies on the 4-Factor Sector Score, with 47.7 out of 100. 1. [Shell plc](https://www.sectoralpha.in/us/stocks/shel) SHEL · leader · Most evidence points up · 85% evidence 77.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 21.1% · Profit 100% · Operating margin change 8.8 points · 95% evidence Capital efficiency 17.0/25 · ROCE 16.4% · Operating margin 20.1% · 76% evidence Valuation 14.8/20 · P/E 8.3× · PEG 0.29 · 65% evidence Relative strength 17.8/20 · Lead over its industry 6.7% · Lead over S&P 500 15.7% · 1 year 37.8% · 100% evidence · 11 of 12 weeks ahead Exact sum: 28.1 + 17 + 14.8 + 17.8 = 77.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Petróleo Brasileiro S.A. - Petrobras](https://www.sectoralpha.in/us/stocks/pbr) PBR · breaking out · Most evidence points up · 81% evidence 67.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.0/35 · Revenue 11.2% · Profit 71.9% · Operating margin change 15 points · 83% evidence Capital efficiency 17.8/25 · ROCE 17.8% · Operating margin 44.7% · 76% evidence Valuation 15.9/20 · P/E 3.9× · PEG 0.09 · 65% evidence Relative strength 13.7/20 · Lead over its industry 4.9% · Lead over S&P 500 12.6% · 1 year 63.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 20 + 17.8 + 15.9 + 13.7 = 67.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Equinor ASA](https://www.sectoralpha.in/us/stocks/eqnr) EQNR · breaking out · Most evidence points up · 81% evidence 66.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue 6.8% · Profit 10.2% · Operating margin change 9.6 points · 83% evidence Capital efficiency 19.8/25 · ROCE 31.8% · Operating margin 36.1% · 76% evidence Valuation 13.5/20 · P/E 8.7× · PEG 0.39 · 65% evidence Relative strength 17.8/20 · Lead over its industry 15.7% · Lead over S&P 500 24.1% · 1 year 87.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.3 + 19.8 + 13.5 + 17.8 = 66.4 · What this means: Relative strength against the index is 24.1%, and revenue and profit growth are weak. 4. [Cenovus Energy Inc.](https://www.sectoralpha.in/us/stocks/cve) CVE · breaking out · Evidence leans up · 81% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 3.1% · Profit 100% · Operating margin change 17.9 points · 83% evidence Capital efficiency 14.4/25 · ROCE 15.5% · Operating margin 23.8% · 76% evidence Valuation 13.4/20 · P/E 9.9× · PEG 0.37 · 65% evidence Relative strength 11.5/20 · Lead over its industry 6.5% · Lead over S&P 500 14.6% · 1 year 76.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 14.4 + 13.4 + 11.5 = 62.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Chevron Corporation](https://www.sectoralpha.in/us/stocks/cvx) CVX · breaking out · Evidence leans up · 85% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Revenue 21.1% · Profit 100% · Operating margin change 10.6 points · 95% evidence Capital efficiency 9.7/25 · ROCE 9.4% · Operating margin 20.5% · 76% evidence Valuation 11.5/20 · P/E 14.8× · PEG 0.46 · 65% evidence Relative strength 17.2/20 · Lead over its industry 6.1% · Lead over S&P 500 15% · 1 year 45.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.2 + 9.7 + 11.5 + 17.2 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [TotalEnergies SE](https://www.sectoralpha.in/us/stocks/tte) TTE · breaking out · Evidence leans up · 85% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 16.8% · Profit 58.1% · Operating margin change 8.9 points · 95% evidence Capital efficiency 15.9/25 · ROCE 15.6% · Operating margin 21.4% · 76% evidence Valuation 15.0/20 · P/E 8.5× · PEG 0.21 · 65% evidence Relative strength 7.3/20 · Lead over its industry -0.2% · Lead over S&P 500 8.1% · 1 year 48.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 24.3 + 15.9 + 15 + 7.3 = 62.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Suncor Energy Inc.](https://www.sectoralpha.in/us/stocks/su) SU · breaking out · Evidence leans up · 81% evidence 62.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 13.8% · Profit 57.7% · Operating margin change 18.7 points · 83% evidence Capital efficiency 13.9/25 · ROCE 15.1% · Operating margin 29.9% · 76% evidence Valuation 7.1/20 · P/E 10.1× · PEG 1.93 · 65% evidence Relative strength 18.9/20 · Lead over its industry 10.9% · Lead over S&P 500 19.6% · 1 year 77% · 100% evidence · 9 of 12 weeks ahead Exact sum: 22.2 + 13.9 + 7.1 + 18.9 = 62.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [ExxonMobil Holdings Corporation](https://www.sectoralpha.in/us/stocks/xom) XOM · breaking out · Evidence leans up · 85% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 20.3% · Profit 35.6% · Operating margin change 7.8 points · 95% evidence Capital efficiency 12.9/25 · ROCE 13.8% · Operating margin 18.9% · 76% evidence Valuation 11.6/20 · P/E 16.5× · PEG 0.4 · 65% evidence Relative strength 14.9/20 · Lead over its industry 5.3% · Lead over S&P 500 14% · 1 year 51.4% · 100% evidence · 10 of 12 weeks ahead Exact sum: 22.2 + 12.9 + 11.6 + 14.9 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [BP p.l.c.](https://www.sectoralpha.in/us/stocks/bp) BP · breaking out · Evidence leans up · 71% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue 16.5% · Profit 100% · Operating margin change 4.2 points · 83% evidence Capital efficiency 8.3/25 · ROCE 11.7% · Operating margin 13.2% · 76% evidence Valuation 8.7/20 · P/E 17.6× · PEG n/a · 15% evidence Relative strength 11.5/20 · Lead over its industry 0.4% · Lead over S&P 500 8.8% · 1 year 30.1% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.8 + 8.3 + 8.7 + 11.5 = 51.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Diversified Energy Company](https://www.sectoralpha.in/us/stocks/dec) DEC · breaking out · Evidence leans down · 64% evidence 48.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 62.8% · Profit n/a · Operating margin change 28.8 points · 62% evidence Capital efficiency 8.8/25 · ROCE 9.6% · Operating margin 83.7% · 76% evidence Valuation 11.5/20 · P/E 2.2× · PEG n/a · 15% evidence Relative strength 2.2/20 · Lead over its industry -17.9% · Lead over S&P 500 -10.4% · 1 year -1.9% · 100% evidence · 4 of 12 weeks ahead Exact sum: 26 + 8.8 + 11.5 + 2.2 = 48.5 · What this means: Earnings are strong; relative strength in its sector is -17.9% and the one-year return is -1.9%. 11. Eni S.p.A. this page E · breaking out · Evidence leans down · 68% evidence 47.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue n/a · Profit n/a · Operating margin change 1.2 points · 45% evidence Capital efficiency 6.6/25 · ROCE 4.7% · Operating margin 8.6% · 76% evidence Valuation 15.3/20 · P/E 9.5× · PEG 0.07 · 65% evidence Relative strength 9.7/20 · Lead over its industry 4.2% · Lead over S&P 500 12.4% · 1 year 57.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 16.1 + 6.6 + 15.3 + 9.7 = 47.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 12. [National Fuel Gas Company](https://www.sectoralpha.in/us/stocks/nfg) NFG · turning · Evidence leans down · 75% evidence 42.7 out of 100 Growth Capital Valuation Relative 13. [Imperial Oil Limited](https://www.sectoralpha.in/us/stocks/imo) IMO · turning · Evidence leans down · 81% evidence 41.3 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Integrated](https://www.sectoralpha.in/us/sectors/oil-gas-integrated), all 13 compared on one page. ## Which companies are close to Eni S.p.A. in size? Eni S.p.A. is the 9th largest of 16 Oil & Gas Integrated companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: BP p.l.c., Equinor ASA and Suncor Energy Inc. Just below it: Imperial Oil, Cenovus Energy Inc. and Ecopetrol S.A. ### Oil & Gas Integrated companies close in size 1. [BP p.l.c.](https://www.sectoralpha.in/us/stocks/bp) $121.4 billion 2. [Equinor ASA](https://www.sectoralpha.in/us/stocks/eqnr) $107.7 billion 3. [Suncor Energy Inc.](https://www.sectoralpha.in/us/stocks/su) $88.1 billion 4. Eni S.p.A. $84.3 billion 5. [Imperial Oil Limited](https://www.sectoralpha.in/us/stocks/imo) $63.6 billion 6. [Cenovus Energy Inc.](https://www.sectoralpha.in/us/stocks/cve) $56.7 billion 7. [Ecopetrol S.A.](https://www.sectoralpha.in/us/stocks/ec) $34.8 billion [All 16 Oil & Gas Integrated companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-integrated#all-companies) ### Companies close in size in other industries 1. [Moody's Corporation](https://www.sectoralpha.in/us/stocks/mco) $87.3 billion · Financial Data & Stock Exchanges 2. [The Williams Companies, Inc.](https://www.sectoralpha.in/us/stocks/wmb) $87.1 billion · Oil & Gas Midstream 3. Eni S.p.A. $86.6 billion 4. [Ecolab Inc.](https://www.sectoralpha.in/us/stocks/ecl) $86.5 billion · Specialty Chemicals 5. [Vertiv Holdings Co](https://www.sectoralpha.in/us/stocks/vrt) $86.3 billion · Electrical Equipment & Parts ## What else do people ask about Eni S.p.A.? ### What were Eni S.p.A.'s latest quarterly results? Eni S.p.A. reported revenue of EUR 26.0 B and net profit of EUR 3.4 B for the Sep 2026 quarter. Revenue rose 26.7% and profit rose 290.4% compared with a year earlier. The operating margin was 8.6%, 1.2 percentage points higher than a year earlier (as of 3 November 2026). ### What is Eni S.p.A.'s market cap? Eni S.p.A.'s market capitalisation is $84.3 B at a stock price of $58.33. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Eni S.p.A. performing? Eni S.p.A.'s share price has been rising for 60 weeks. In its latest quarter, revenue rose 26.7% and profit rose 290.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 9 weeks running (as of 3 November 2026). ### Will Eni S.p.A.'s stock price go up? This page does not forecast Eni S.p.A.'s stock price. What it shows instead: the stock price is $58.33, and it has been rising for 60 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Eni S.p.A. in its business cycle? Eni S.p.A.'s FY25 operating margin was 6.3%, against a 5-year range of 6.3% to 16.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 8.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Eni S.p.A. story? Biggest thing to watch: the price has already been rising for 60 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Eni S.p.A. a stock worth studying right now? What the numbers show: Eni S.p.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.