ENI to Announce Q1 Earnings on April 24
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Should l Buy E?
Source: seekingalpha
- Earnings Announcement: ENI (E) is set to announce its Q1 2023 earnings on April 24 before market open, with investors keenly anticipating insights into its profitability and growth potential.
- Performance Exceeding Expectations: Over the past year, ENI has achieved a 100% beat rate on EPS estimates and a 75% beat rate on revenue estimates, showcasing the company's robust performance and stability in the market.
- Significant Investment Returns: Since my buy call, ENI's stock has returned over 100%, reflecting strong market confidence in its future growth and positive investor sentiment.
- Strategic Export Plans: ENI and Repsol plan to start exporting Venezuelan gas by 2031, indicating the company's expansion in the global energy market and strategic positioning, which could provide new revenue growth opportunities in the future.
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Analyst Views on E
Wall Street analysts forecast E stock price to fall
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 52.590
Low
17.45
Averages
18.45
High
19.45
Current: 52.590
Low
17.45
Averages
18.45
High
19.45
About E
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. The Company's segments include Exploration & Production, Gas & Power, and Refining & Marketing. Its Exploration & Production segment engages in oil and natural gas exploration and field development and production, as well as LNG operations in over 40 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Ghana and Mozambique. Its Gas & Power segment engages in supply, trading and marketing of gas, LNG and electricity, international gas transport activities and commodity trading and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Capacity Increase: This investment is expected to boost ABB's European production capacity for medium-voltage products by 50% to 300%, creating approximately 800 jobs, reflecting the company's proactive response to market demand.
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See More
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- Production and Growth Outlook: The company achieved an average daily production of 1.80 million BOE, exceeding the estimated 1.78 million, with a projected 3-4% growth in oil and gas production for FY 2026, demonstrating ENI's strong capacity to maintain output levels.
- Shareholder Return Plan: ENI has boosted its 2026 share buyback program to €2.8 billion and confirmed a dividend of €1.1 per share for 2026, representing a 5% increase from 2025, reflecting a continued commitment to shareholder returns.
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- Export Strategy Development: Eni and Repsol plan to start exporting Venezuelan gas by 2031, a strategic partnership that will help the company expand its influence in the Latin American market and lay the groundwork for future revenue growth.
- Major Gas Discovery: Eni has made a significant gas discovery offshore Indonesia, which not only boosts its resource reserves but also has the potential to generate substantial long-term returns, further solidifying its position in the global energy sector.
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