Eni SpA
ENI: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.$m | LOCK|#t | LOCK|!&$<nh |
Eni Earnings: Leaning Into Satellite Strategy and Boosting Payouts
Eni reported fourth-quarter results below expectations. Its strategic update brought an extension of guidance through 2028, an increase in its overall payout policy from 30%-35% to 35%-40% of cash flow from operations, the introduction of a CCUS satellite, and a Southeast Asia upstream combination.
