Eni installs CCS platform as Eni stock costs EUR 25.08

Published on 10/12/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays lifted its Eni target to EUR 32.00 on October 5, 2026. Eni stock costs EUR 25.08 on October 12, 2026, below EUR 32.00.

Key points in brief

Eni installed the Douglas CCS platform at Liverpool Bay on October 8, 2026, with the wider project 50 percent complete.
First-half 2026 adjusted EBIT reached EUR 8.9 billion and adjusted net profit EUR 3.6 billion.
Eni stock was at EUR 25.08 at Lang & Schwarz on October 12, 2026, while Barclays set a EUR 32.00 target.

Makrofoto von glänzenden Rohöltropfen auf einer metallischen Oberfläche — Makroaufnahme von Rohöltropfen auf metallischer Oberfläche verdeutlicht das Kerngeschäft von Eni S.p.A., ISIN IT0003132476, Illustration mit AI erstellt.

Eni (ISIN IT0003132476) had installed the Douglas carbon capture and storage platform at Liverpool Bay by October 8, 2026, while Eni stock was at EUR 25.08 at Lang & Schwarz on October 12, 2026 at 9:40 a.m. CEST. Eni said the Liverpool Bay CCS network had reached 50 percent completion on October 8, 2026.

Three milestones shape the story

The latest milestone followed Eni's July 29, 2026, second-quarter and first-half results. The company's investor page lists first-half 2026 adjusted EBIT of EUR 8.9 billion, adjusted net profit of EUR 3.6 billion, organic capital expenditure of EUR 3.7 billion and cash flow from operations before working-capital changes of EUR 7.3 billion. Eni also lists daily hydrocarbon production of 1.8 million barrels of oil equivalent in the first half of 2026.

On April 24, 2026, Eni recorded first-quarter results in its financial calendar, while its 2026 investor highlights later showed gearing of 10 percent before lease liabilities under IFRS 16. The sequence gives investors two separate operating markers: earnings power and balance-sheet discipline.

What does 50 percent completion mean?

The Liverpool Bay project is designed to receive captured carbon dioxide from industrial facilities in North West England and North Wales, then move it through repurposed offshore pipelines to depleted gas reservoirs. The official release says construction has supported more than 2,000 jobs and is expected to create 200 to 300 long-term roles over more than 25 years of operation.

The project therefore adds an infrastructure-based transition business to Eni's traditional oil and gas operations. Its commercial importance still depends on the completion of the wider network, but the 50 percent construction milestone gives the announcement a concrete execution measure rather than a purely strategic claim.

Barclays sets a higher target

Barclays raised its Eni price target from EUR 30.50 to EUR 32.00 on October 5, 2026, while keeping an Overweight rating, according to Markets Insider. The target is EUR 6.92 above the Lang & Schwarz price, making the analyst action a separate valuation reference from the CCS announcement.

Eni's next scheduled reporting date is October 23, 2026, when the company plans to present third-quarter results, according to Eni. That release will provide the next test of whether the first-half adjusted figures remain on track.

Eni stock stays near its yearly high

The EUR 25.08 Lang & Schwarz price on October 12, 2026 sits inside the EUR 14.54 to EUR 25.24 52-week range. The market capitalization was EUR 72.7 billion on October 12, 2026, while Eni's primary listing is Borsa Italiana under ticker ENI.MI, according to Global Banking and Finance.

The combination of a defined CCS milestone, first-half adjusted earnings and a higher Barclays target gives Eni stock three measurable reference points ahead of the October 23 results.

The further course of trading is shown by the continuously updated real-time quote of Eni stock.