Eni SpA
ENI: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&b | LOCK|BT | LOCK|kMv$hX |
Eni Earnings: Implementing Mitigating Actions to Support Distribution Targets
Eni reported first-quarter results ahead of expectations. Following the decline in oil prices, management revised its 2025 gross capital-expenditure target, from EUR 9 billion to below EUR 8.5 billion, and planned mitigating actions to offset around EUR 2 billion in adverse impacts on its cash flow.
