Eni SpA
ENI: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.<? | LOCK|<s | LOCK|<G!RWfL |
Eni Earnings: Boosts Profit Guidance and Shareholder Return Plans After Strong Start
Eni reported first-quarter adjusted net earnings of EUR 1.3 billion, compared with EUR 1.4 billion the year before. However, with a higher price outlook given recent events, Eni increased full-year cash flow guidance by 20% to EUR 13.8 billion and buyback guidance by 90% to EUR 2.8 billion.
