Eni

Eni
FormerlyEnte Nazionale Idrocarburi (National Hydrocarbons Board) (1953–1992)
Company typeSocietà per azioni
ISINIT0003132476
IndustryOil and gas
Founded10 February 1953 (1953-02-10)
FounderGovernment of Italy[1]
Headquarters,
Italy
Area served
Worldwide
Key people
ProductsPetroleum, natural gas, petroleum products
RevenueDecrease €93.72 billion (2023)[2]
Decrease €8.257 billion (2023)[2]
Decrease €4.771 billion (2023)[2]
Total assetsDecrease €142.6 billion (2023)[2]
Total equityDecrease €53.64 billion (2023)[2]
Number of employees
33,142 (2023)[2]
SubsidiariesEnilive, Eni Plenitude, Versalis, Eni Rewind, EniPower, EniProgetti, Saipem, Agenzia Giornalistica Italia
Websiteeni.com

Eni S.p.A. (Italian pronunciation: [ˈɛːni]) is an Italian multinational energy company headquartered in Rome. It is considered one of the "supermajor" oil companies in the world, with a market capitalization of €50 billion, as of 31 December 2023.[2] The Italian government owns a 30.33% golden share in the company, 4.37% held through the Ministry of Economy and Finance and 25.96% through the Cassa Depositi e Prestiti.[3] The company is a component of the Euro Stoxx 50 stock market index.[4]

The name "ENI" was initially the acronym of "Ente Nazionale Idrocarburi" (National Hydrocarbons Board). However, through the years after its foundation, it operated in many fields including contracting, nuclear power, energy, mining, chemicals and plastics, refining/extraction and distribution machinery, the hospitality industry and even the textile industry and news.

With revenues of around €92.2 billion, Eni ranked 111th on both the Fortune Global 500 and the Fortune Global 2000 in 2022, making it the third-largest Italian company on the Fortune list (after Assicurazioni Generali and Enel) and second largest on the Forbes list (after Enel). On the Fortune Global 500, Eni is the largest petroleum company in Italy, the second largest based in the European Union (after TotalEnergies), and the 13th largest in the world.[5][6] In 2023, the company’s seat in Forbes Global 2000 was 81,[7] while in Fortune Global 500 was 61.[8]

  1. ^ By virtue of law of 10 February 1953 no. 136
  2. ^ a b c d e f g "Eni Annual Report 2023" (PDF). Eni.com. 5 April 2024.
  3. ^ "List of shareholders | Eni". www.eni.com.
  4. ^ "Frankfurt Stock Exchange". Archived from the original on 19 November 2015.
  5. ^ "ENI | 2022 Global 500". Fortune. Retrieved 28 August 2022.
  6. ^ CONTRERAS", "ANDREA MURPHY"," ISABEL. "The Global 2000 2022". Forbes. Retrieved 28 August 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
  8. ^ "Fortune 500". Fortune.

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