Somewhat Positive Press Coverage Somewhat Unlikely to Affect ENI (E) Share Price
Media stories about ENI (NYSE:E) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ENI earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the oil and gas exploration company an impact score of 45.2407635081534 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Eni Ups Reserves Estimate for Mexico Offshore Project to 2 Billion Boe (naturalgasintel.com)
- Total, Eni, Novatek Win First Lebanon Offshore Licenses (finance.yahoo.com)
- ETFs with exposure to Eni SpA : December 14, 2017 (finance.yahoo.com)
- Exxon picks up Area 4 stake from Eni (oedigital.com)
- Energy Market Commentary: Waiting On The Fed (nasdaq.com)
Several equities analysts recently weighed in on the company. Goldman Sachs Group reaffirmed a “buy” rating on shares of ENI in a research note on Monday. BidaskClub downgraded ENI from a “hold” rating to a “sell” rating in a research note on Thursday, August 17th. Barclays downgraded ENI from an “equal weight” rating to an “underweight” rating and set a $16.00 price objective for the company. in a research note on Monday, August 21st. raised ENI from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of ENI in a research note on Wednesday, August 30th. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. ENI currently has an average rating of “Hold” and a consensus price target of $16.00.
ENI (E) traded down $0.10 during trading on Thursday, reaching $32.86. The company’s stock had a trading volume of 147,382 shares, compared to its average volume of 282,692. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $60,091.27, a P/E ratio of 29.26 and a beta of 0.82. ENI has a one year low of $29.44 and a one year high of $34.62.
ENI (NYSE:E) last released its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.07). ENI had a return on equity of 3.69% and a net margin of 2.50%. The company had revenue of $18.42 billion for the quarter. research analysts anticipate that ENI will post 1.28 earnings per share for the current fiscal year.
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ENI Company Profile
Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.
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