Eni SpA
ENI: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.% | LOCK|FqB | LOCK|p>>#k<? |
Eni Earnings: Raising Shareholder Returns Despite Weak Oil Prices
Eni's third-quarter results exceeded expectations, as increased oil production partially mitigated the adverse impact of lower oil prices on E&P results. For the second consecutive quarter, management raised its guided cash flow from operations, this time along with improved distribution targets.
