Monday, 24 September, 2018


Eni Turns To Profit In Q3; Sales Up 18.9%

Conrad Doyle | 27 October, 2017, 17:14

Eni (E) reported third-quarter net profit to shareholders from continuing operations of 344 million euros compared to a loss of 562 million euros, previous year.

Eni said its adjusted net profit in the quarter was 229 million euros ($267 million) compared to an adjusted loss of 484 million euros a year ago.

Over the first nine months of the year net profit was 1.327 billion euros and adjusted profit 1.436 billion. Adjusted profit per share was 0.06 euros compared to a loss of 0.13 euros.

ENI's oil and gas production increased 5.4% in the third quarter, the company said, while Brent crude oil, the global benchmark, averaged $52.08, about 14% up compared with the year earlier period.

Eni is the biggest foreign oil and gas producer in Africa and confirmed production would start at its supergiant Zohr field in Egypt by year end.

Recommended

loading...
...
  • Kids' Food Allergies, Especially to Peanuts, Are on the Rise

    Kids' Food Allergies, Especially to Peanuts, Are on the Rise

    The researchers said as of 2011 eight percent of United States children reported having a food allergy. Ruchi Gupta, lead author of one of the studies , didn't expect the jump in adult-onset food allergies.
    Competition watchdog probes high-pressure tactics of hotel booking sites

    Competition watchdog probes high-pressure tactics of hotel booking sites

    Hotel booking websites are being investigated by the competition watchdog over concerns they could be misleading customers . The CMA said consumers needed to be confident they were getting the best deal.

    Global Animal Vaccines Market: Boehringer Ingelheim, Bayer Healthcare and GE Healthcare

    This will help them to broaden their Animal Vaccines product portfolio and survive for a long time in Animal Vaccines industry. Price, cost, and gross analysis of the Newcastle Disease Vaccine market is also included in this section.
  • Indian Oil records 18 per cent jump in Q2 net profit

    Revenue from cigarette sales declined 46.56% to Rs4,554.21 crore during the second quarter. It had posted income of Rs 14,091.96 crore in the year-ago period.
    Ndamukong Suh grabs Ravens QB Ryan Mallett by throat, claims self defense

    Ndamukong Suh grabs Ravens QB Ryan Mallett by throat, claims self defense

    The game had an edge once Kiko Alonso laid out Joe Flacco with a late hit, ending Flacco's night with a concussion. Suh was also penalized for unnecessary roughness in the fourth quarter, though that penalty was declined.
    Nurse sings to dying cancer patient in touching viral video

    Nurse sings to dying cancer patient in touching viral video

    A heartfelt video of a nurse from Vanderbilt University Medical singing to a cancer patient went viral on Thursday. She'd been suffering from liver cancer for about a year and doctors said she was too sick to survive a transplant.
  • Japanese student sues over school's order to dye hair black

    Japanese student sues over school's order to dye hair black

    The 18-year-old schoolgirl alleges she was threatened with being banned from attending school if she did not comply, local media reported.
    FG recovers $85m looted funds from UK

    FG recovers $85m looted funds from UK

    Its inaugural meeting will focus on assistance to four priority countries of Nigeria, Sri Lanka, Tunisia and Ukraine. The GFAR was established as an outcome of the London 2016 Anti -Corruption Summit.
    Former Chelsea manager Carlo Ancelotti heading back to Stamford Bridge?

    Former Chelsea manager Carlo Ancelotti heading back to Stamford Bridge?

    If you want to hit me, hit me! 'Yes, Im in touch with Carlo, he's my friend, but it doesn't mean nothing, ' said Conte. I can accept the story with the players, but to put another person in this way, I think this is incorrect.
  • El Paso Electric Company to Issue Quarterly Dividend of $0.34 (EE)

    It turned negative, as 85 investors sold GE shares while 816 reduced holdings. 111 funds opened positions while 598 raised stakes. Financial Management Professionals Inc. boosted its stake in General Electric by 0.5% in the second quarter.
    Apple acquires wireless charging company PowerbyProxi

    Apple acquires wireless charging company PowerbyProxi

    While Apple 's acquisition of PowerbyProxi is done for an undisclosed amount, Apple's idea behind it seems clear. A number of Android device already feature the wireless charging capability, compared to just two for iOS.
    Liverpool linked with move for Brazilian left-back

    Liverpool linked with move for Brazilian left-back

    So perhaps it's no surprise that Liverpool are being linked with a move for yet another left-back in January. He offers both defensive solidity and an attacking threat, which is exactly what Liverpool are looking for.

Simon Cowell rushed to hospital following accident at home Simon Cowell rushed to hospital following accident at home It is unclear at this time if Cowell's girlfriend, Lauren Silverman and his son, Eric were home at the time. The act with the fewest votes from the public will automatically leave the show.

$0.25 EPS Expected for Pioneer Natural Resources (PXD) The company was maintained on Thursday, July 27 by RBC Capital Markets. (NASDAQ:NTCT) on Friday, January 29 to "Hold" rating. The stock of Pioneer Natural Resources (NYSE:PXD) earned "Outperform" rating by Credit Suisse on Wednesday, August 24.

The Goodyear Tire & Rubber Company Earnings Watch & Stock Update The Goodyear Tire & Rubber Company Earnings Watch & Stock Update The expected future growth in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock. The technical setup for the stock is informed by some strong movement data that has occurred over the past several months.

Assassination attempt against Hamas security official in Gaza Assassination attempt against Hamas security official in Gaza He was named as the chief of security forces in the Gaza Strip in 2015. No one claimed responsibility for the failed assassination attempt.

$0.31 EPS Expected for Imperial Oil Ltd (USA) (IMO) $0.31 EPS Expected for Imperial Oil Ltd (USA) (IMO) After a recent check, company stock has been trading near the $31.04 mark. 121,267 shares of the company's stock traded hands. BidaskClub lowered shares of Imperial Oil from a buy rating to a hold rating in a research note on Saturday, October 7th.

Donald Trump Mocks 'Wacky' and 'Totally Unhinged' Tom Steyer Donald Trump Mocks 'Wacky' and 'Totally Unhinged' Tom Steyer Last week, Steyer released a video ad calling Trump "mentally unstable" and presenting the case for his impeachment. Villa told "Fox & Friends" that she is looking at runs in Florida, California and NY .

Linesman MP to give up midweek games and miss World Cup Linesman MP to give up midweek games and miss World Cup Prime Minister Theresa May was forced to defend him after SNP MP John McNally raised the issue by brandishing a red card across the chamber.

Trump, Xi Discuss N. Korea during Congratulatory Phone Talks Trump, Xi Discuss N. Korea during Congratulatory Phone Talks He has not yet made clear whether he will visit the demilitarised zone on the border between North and South Korea. Trump will also stop in Japan, South Korea, Vietnam and the Philippines during the November 3-14 trip.

Valve's big Steam Curator overhaul aims to streamline key distribution For starters, it will stop developers and publishers from being caught out by scammers. As a Curator, you'll be able to create specialised lists within genres or themes.

Chinese construction group to buy Canada's Aecon Chinese construction group to buy Canada's Aecon Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The business also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd.

Systematic Financial Management LP Takes Position in Caterpillar, Inc. (NYSE:CAT) Systematic Financial Management LP Takes Position in Caterpillar, Inc. (NYSE:CAT) The industrial products company reported $1.95 EPS for the quarter, beating the Zacks' consensus estimate of $1.27 by $0.68. BidaskClub upgraded shares of Caterpillar from a "hold" rating to a "buy" rating in a report on Saturday, July 1st.

Deckers Outdoor Corporation (DECK) Updates Q3 Earnings Guidance Deckers Outdoor Corporation (DECK) Updates Q3 Earnings Guidance Finally, BidaskClub raised Deckers Outdoor Corporation from a hold rating to a buy rating in a report on Tuesday, October 3rd. UBS Group AG downgraded Deckers Outdoor Corporation to a "neutral" rating in a research note on Monday, October 16th.

Ziopharm Oncology In (ZIOP) Stock Closed at $4.98 However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. A key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE.

United States economy grew at 3 percent rate in July-September quarter United States  economy grew at 3 percent rate in July-September quarter Spending on residential construction declined at a 6.0 percent rate, contracting for a second straight quarter. Inventories added 0.73 percentage points to growth and the trade sector added 0.41 percentage points.

IAG profits rise despite weather and terrorism disruption IAG profits rise despite weather and terrorism disruption IAG also saw total revenue rise by 2% to £5.8bn despite a series of setbacks such as bad weather and terror attacks. IAG said third-quarter operating profit before exceptional items rose 20.7% to €1.46bn (£1.3bn).