Eni signs two Indonesia asset deals. Eni stock trades at EUR 25.76 before October 23 results

Published on 10/14/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays raised its target to EUR 32.00 on October 5, 2026. Eni stock costs EUR 25.76 on October 14, 2026, versus EUR 25.67 at Xetra.

Corporate activity and investor dates

Eni signed two Indonesian upstream asset agreements on October 12, 2026.
First-half 2026 pro forma adjusted EBIT reached EUR 8.90 billion.
Eni stock trades at EUR 25.76 at 1:00 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.35 percent above the Xetra close of October 13, 2026.
Barclays set a EUR 32.00 price target on October 5, 2026.

Multiple trading monitors displaying European Utilities Index and FTSE MIB stock market data charts — Enel IT0003132476 Börsen-Editorial Trading-Monitore European Utilities Index FTSE MIB Borsa Italiana Kurse, Illustration mit AI erstellt.

Eni (IT0003132476) signed two agreements for the sale of stakes in selected Indonesian upstream assets on October 12, 2026, while Eni stock was trading at EUR 25.76 at Lang & Schwarz at 1:00 p.m. CEST on October 14, 2026, 0.35 percent above the Xetra close of October 13, 2026 at EUR 25.67. The company presented the transaction in its investor-relations update, linking portfolio management with its broader upstream strategy.

Indonesia deal reshapes the portfolio

Eni listed the October 12, 2026 transaction among its latest press releases. The announcement followed the company's second-quarter and first-half reporting, which showed pro forma adjusted EBIT of EUR 8.90 billion in the first half of 2026, up 40 percent from EUR 6.36 billion in the first half of 2025.

The portfolio move comes as Eni emphasizes capital discipline alongside production growth. Its investor page reported first-half 2026 daily hydrocarbon production of 1.8 million boe per day, organic capital expenditure of EUR 3.70 billion and cash flow from operations before working-capital changes of EUR 7.30 billion.

What does the target imply for valuation?

Barclays raised its Eni price target from EUR 30.50 to EUR 32.00 and maintained an overweight recommendation on October 5, 2026, according to Repubblica. The target sits EUR 6.24 above the Lang & Schwarz price, but the comparison uses different currencies only when the target is stated in euros, keeping the valuation reference consistent.

Three dates show the sequence

On July 29, 2026, Eni published second-quarter and first-half results with EUR 8.90 billion of first-half pro forma adjusted EBIT. On October 8, 2026, it reported completion of the world's first offshore platform dedicated to carbon dioxide transportation and storage. On October 12, 2026, it announced two agreements for selected Indonesian upstream assets. All three events appear in Eni's investor materials.

Results are due October 23

Eni's next reporting event is the third-quarter 2026 results conference call on October 23, 2026, at 2:00 p.m. CEST, according to Eni. The next dividend payment is scheduled for December 7, 2026, with a quarterly amount of USD 0.6335, as reported by MarketBeat.

Stock holds above the Xetra close

The euro quote places Eni stock EUR 0.09 above the prior Xetra reference, a modest move that leaves the Indonesia transaction and the upcoming results date as the clearer checkpoints for investors. Eni stock was trading at EUR 25.76 at Lang & Schwarz on October 14, 2026 at 1:00 p.m. CEST, 0.35 percent above the Xetra close of October 13, 2026 at EUR 25.67. The further course of trading is shown by the continuously updated real-time quote of Eni stock.