Price decline

OPEC+ countries

Brent futures curve

Oil supply

Kazakhstan

tariff war

Price target

Link: https://shorturl.at/asfT7

$SHEL (+1.09%)
$TTE (+0.56%)
$CVX (+1.98%)
$XOM (+1.42%)
$BP. (+0.05%)
$OXY (+3.58%)
$SLB (+1.88%)
$2222
$ENI (+1.15%)

As an Italian investor focused on dividends, I cannot ignore companies listed on the Italian stock exchange, traditional sectors that tend to have low growth but also good dividends, in this post, however, I want to cover $ENI (+1.15%) .

From the 2008 crisis to the COVID crisis the stock has graphically held a certain stability hovering between €17-18 and €14, and in general in the sector it is difficult to have great performance so it is also important when you buy, in a post it is more difficult to go into more detail, question for those who are interested in dividends and in general in the energy sector, how to judge the company? What entry price would you hypothetically give yourself? I told myself at the beginning of the year that under 13€ I would buy, and so I did, I bought at 12.75€, although we are talking about insignificant amounts.

https://www.offshore-technology.com/news/enis-new-oil-discovery-in-namibia/

• $ENI (+1.15%) Eni officially confirmed the discovery in the Capricornus-1X well in the Orange Basin offshore Namibia on April 25, 2025. A production test on this well showed a surface-limited production rate of over 11,000 barrels per day (stock tank barrels per day, stb/d) using a 40/64-inch choke. The oil produced is light (API grade 37°) with low levels of associated gas and CO₂

Almost three-quarters of all DAX and MDAX companies pay out dividends in May.

Dividend calendar with payday and expected yield:

This year's dividend champion is likely to be $RTLL (-0.37%) - RTL Group. Shareholders can expect a yield of around 8%. However, this is only half as high as three years ago.

Deutsche Telekom is now increasingly seen as a dividend pearl. $DTE (+0.81%) - Deutsche Telekom is increasingly seen as a dividend pearl. This year's dividend is EUR 0.90, i.e. an increase of 17% on the previous year, with a yield of around 2.7%.

Other reliable payers are $SIE (-0.22%) - Siemens and $SAP (+1.67%) - SAP.

One of the most reliable payers of all is $MUV2 (-1.19%) - Munich Re. There has never been a dividend shortfall since 1960 and the amount paid per share has increased sixteen-fold since the beginning of the millennium.

There are also some attractive dividend payers in Europe, such as $ENI (+1.15%) - ENI and $ISP (-0.21%) - Intensa and $BNP (+0.21%) - BNP.

Source (excerpt) / graphics: WELT

As part of the second tranche of the share buyback program resolved by the shareholders' meeting of May 15, 2024, at the meetings of December 23 and 27, 2024 ENI purchased 3,914,579 treasury shares, at a weighted average price of 12.7728 euros per share, for a total consideration of 50 million euros.

As of June 13, 2024 - the date of the start of the second tranche of the buyback program - ENI has purchased 109,609,796 treasury shares (equal to 3.34 percent of the capital) for a total countervalue of more than 1.52 billion euros.

Considering the treasury shares already in the portfolio and the purchases made since the start of the buyback program on May 27, 2024, ENI holds 201,220,123 treasury shares, equivalent to 6.13 percent of the capital. $ENI (+1.15%)

Italian energy company Eni has unveiled one of the supercomputer most powerful in the world in an effort to boost its oil and gas discovery technology. This is also expected to be an important step in the company's decarbonization and clean energy strategy.

At an estimated cost of more than 100 million euros, the supercomputer, dubbed HPC6, will be able to handle a range of artificial intelligence functions and highly sophisticated calculations, with the help of nearly 14,000 graphics processing units (GPUs).

This move is expected to help Eni to sift through large amounts of data and discover new oil and gas fields, as well as contribute to clean energy and decarbonization calculations.$ENI (+1.15%)

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- BOFA raises the price target for WALMART from USD 95 to USD 105. Buy. $WMT (+0.87%)

- JEFFERIES raises the price target for WALMART from USD 100 to USD 105. Buy. $WMT (+0.87%)

- HAUCK AUFHÄUSER IB raises the target price for RHEINMETALL from EUR 680 to EUR 750. Buy. $RHM (-0.2%)

- WARBURG RESEARCH raises the target price for RHEINMETALL from EUR 600 to EUR 700. Buy. $RHM (-0.2%)

- JPMORGAN raises the price target for SALESFORCE from USD 310 to USD 340. Overweight. $CRM (+1.7%)

- WARBURG RESEARCH raises the target price for LEG IMMOBILIEN from EUR 81.60 to EUR 90.50. Hold. $LEG (+0.47%)

- DEUTSCHE BANK RESEARCH raises the price target for HEIDELBERG MATERIALS from EUR 116 to EUR 137. Buy. $HEI (-1.84%)

- KEPLER CHEUVREUX raises the price target for GFT TECHNOLOGIES from EUR 31 to EUR 32. Buy. $GFT (+1.16%)

- ODDO BHF raises the target price for TALANX from EUR 76 to EUR 78. Underperform. $TLX (-1.11%)

- KEPLER CHEUVREUX raises the target price for THYSSENKRUPP from EUR 3.70 to EUR 3.80. Hold. $TKA (-0.33%)

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- STIFEL lowers the price target for BAYER from EUR 36 to EUR 28. Hold. $BAYN (-0.49%)

- LBBW downgrades ENI from Buy to Hold and lowers target price from EUR 16.70 to EUR 15. $ENI (+1.15%)

- WARBURG RESEARCH lowers the target price for SFC ENERGY from EUR 29 to EUR 27. Buy. $F3C (+4.64%)

- WARBURG RESEARCH lowers the target price for TECHNOTRANS from EUR 23 to EUR 21. Buy. $TTR1 (+3.69%)

- DEUTSCHE BANK RESEARCH lowers the price target for CUREVAC from USD 3.90 to USD 2.50. Hold. $CVAC (+0.99%)

- BERENBERG lowers the price target for ASTRAZENECA from GBP 150 to GBP 140. Buy. $AZN (-0.18%)