Eni SpA (NYSE:E)
$ 26.95 0.34 (1.28%) Market Cap: 41.60 Bil Enterprise Value: 63.29 Bil PE Ratio: 16.82 PB Ratio: 0.80 GF Score: 74/100

Full Year 2022 Eni SpA Earnings Call and Capital Markets Day Transcript

Feb 23, 2023 / 12:00PM GMT
Release Date Price: $28.35 (-5.66%)
Claudio Descalzi
Eni S.p.A. - CEO, GM & Director

Good afternoon, and welcome to Eni's 2023 Capital Market Update and 2022 Full Year Results. We are delighted to see you all here at our first full in person since 2019. We are hosting this event in the gazometry room. That is a piece of our history that we are transforming into an innovative district or new energies. We meet today in a scenario characterized by high volatility and uncertainties. Fragile energy security and the worst inflationary environment indicates. We recognized the need to be agile and flexible in responding to these challenges, keeping a sharp focus on our strategy to be effective both on near-term targets and on pursuing our long-term transformation and decarbonization.

The last 12 months demonstrates how we successfully faced these challenges, striking the right balance between short and long-term priorities. While the urgency of achieving environmental sustainability and changes, the energy mix remain a priority on our path to Net 0 in 2050. It is not even clear that it has to be pursued side by side with energy

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