Eni S.p.A.: Business Overview, Financials & Competitive Analysis
Eni S.p.A. is an Italian multinational energy company and one of the "supermajor" oil companies in the world, with a market capitalization of €40 billion as of 31 December 2024. The company engages in exploration, dev...
Cyborg Score thesis
Global supermajor with resilient hydrocarbon cash flows financing diversified clean energy transition via Plenitude and Enilive...
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Get Current Report FreeEni S.p.A. Overview
Pro stress-test →Eni S.p.A. is an Italian multinational energy company and one of the "supermajor" oil companies in the world, with a market capitalization of €40 billion as of 31 December 2024. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources.
Strategic Profile
Pro stress-test →Exploration and reserve replacement being major drivers for the company, Eni boosts production additions in its core oil field areas (North and Sub-Saharan Africa, Venezuela, Barents Sea, Yamal Peninsula, Kazakhstan, Iraq and the Far East). The company launched a new strategy that will enable it to provide a variety of fully decarbonized products, with main levers including the merger of renewable and retail businesses in Plenitude, the development of bio-refineries and biomethane production, and the sale of low-carbon energy carriers and mobility services at service stations.
Competitive Landscape
Pro stress-test →Repsol, Equinor, Exxon Mobil, Chevron, and TotalEnergies are some of the competitors of Eni. As Europe's second-largest integrated energy company, Eni competes with global supermajors across upstream exploration, midstream infrastructure, and downstream refining, while differentiating through its energy transition strategy via renewable and biomethane platforms.
Industry Context
Eni S.p.A. operates in Integrated Oil & Gas / Energy.
Key facts
Founded: 1953 · Headquarters: Rome, Italy · Employees: 31,376 · Revenue: $93.8B · Market cap: $55B