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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Eni SpA    ENI   IT0003132476

ENI SPA

(ENI)
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Eni's Versalis Crescentino Plants to Run by End of 1st Half 2020

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02/10/2020 | 01:53am EST

By Giulia Petroni

ENI SpA (ENI.MI) said Saturday its chemical subsidiary Versalis SpA plans to restart biomass and bioethanol production plants in northern Italy by the end of first half of the year.

The industrial plant in Crescentino, Piedmont, produces bioethanol and has been upgraded with an investment of over 15 million euros ($16.4 million), the Italian oil-and-gas company said.

"The biomass power plant for renewable electricity generation and part of the water treatment plant with biogas production have already been restarted and activities are ongoing to restart the bioethanol plant within the first half of 2020," according to Eni.

Write to Giulia Petroni at giulia.petroni@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
BIOMASS 0.00% 0.99 End-of-day quote.45.59%
ENI SPA 0.22% 12.938 Delayed Quote.-6.89%
LONDON BRENT OIL 2.36% 59.02 Delayed Quote.-13.27%
WTI 2.15% 53.26 Delayed Quote.-16.22%
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Financials (EUR)
Sales 2019 70 483 M
EBIT 2019 9 276 M
Net income 2019 3 287 M
Debt 2019 18 032 M
Yield 2019 6,63%
P/E ratio 2019 14,0x
P/E ratio 2020 11,0x
EV / Sales2019 0,91x
EV / Sales2020 0,86x
Capitalization 46 122 M
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Technical analysis trends ENI SPA
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 15,95  €
Last Close Price 12,94  €
Spread / Highest target 54,6%
Spread / Average Target 23,3%
Spread / Lowest Target -8,25%
EPS Revisions
Managers
NameTitle
Claudio Descalzi Chief Executive Officer, Director & GM
Emma Marcegaglia Chairman
Stefano Maione Chief Operations, Technology & Development Officer
Massimo Mondazzi Chief Financial Officer
Alessandro Lorenzi Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ENI SPA-6.89%49 894
ROYAL DUTCH SHELL-11.31%195 823
PETROCHINA COMPANY LIMITED-12.31%133 090
TOTAL-9.16%125 024
PETRÓLEO BRASILEIRO S.A. - PETROBRAS-2.68%92 911
GAZPROM PAO--.--%82 199