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Equity research: Eni - aligning main energy industry challenges with financial sustainability

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Resumo:ENI S.p.A. (ENI.MI) stands out as a leading global energy enterprise with operations spanning the entire value chain. Engaged in activities ranging from natural gas and oil to co-generated electricity and renewables, ENI is involved in both traditional and bio refining, as well as chemical production. Its sector is facing challenges of various kinds, first of all related to commodity prices, which have spiked since the outbreak of the Russia-Ukraine conflict, and then the increasingly rapid shift to renewable sources, in this respect Eni is very active despite high initial investments in order not to be found unprepared by confirming its commitment to sustainability. Therefore, this report focuses n the analysis of the company's liquidity, cash flow management and capital structure, before moving on to Revenues forecasts taking into account these fluctuations in prices, concluding with a valuation of the company at the end of 2024.
Autores principais:Colasanti, Stefano
Assunto:Eni S.P.A. Valuation Forecast Corporate finance
Ano:2024
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:ENI S.p.A. (ENI.MI) stands out as a leading global energy enterprise with operations spanning the entire value chain. Engaged in activities ranging from natural gas and oil to co-generated electricity and renewables, ENI is involved in both traditional and bio refining, as well as chemical production. Its sector is facing challenges of various kinds, first of all related to commodity prices, which have spiked since the outbreak of the Russia-Ukraine conflict, and then the increasingly rapid shift to renewable sources, in this respect Eni is very active despite high initial investments in order not to be found unprepared by confirming its commitment to sustainability. Therefore, this report focuses n the analysis of the company's liquidity, cash flow management and capital structure, before moving on to Revenues forecasts taking into account these fluctuations in prices, concluding with a valuation of the company at the end of 2024.