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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Eni    ENI   IT0003132476

ENI (ENI)
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Eni : Ex-Freepoint gasoline trader joins ENI, desk expands - sources

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12/07/2017 | 11:38pm CET

NEW YORK (Reuters) - Farzad Askari, formerly a senior gasoline trader at Freepoint Commodities, has joined Italian oil company Eni's trading arm, four sources familiar with the matter said on Thursday.

Askari, who left Freepoint earlier this year, joined Eni Trading & Shipping last week, one of the sources said. Before Freepoint, he was the lead gasoline trader at Glencore.

A company official could not immediately be reached for comment.

The company is looking to grow its gasoline business in the United States, according to one of the sources and an additional source. The size and scope of those expansion plans was not immediately clear.

(Reporting by Catherine Ngai, Dmitri Zhdannikov, Devika Krishna Kumar and Jarrett Renshaw; Editing by Meredith Mazzilli)

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Financials (€)
Sales 2018 73 549 M
EBIT 2018 8 353 M
Net income 2018 2 974 M
Debt 2018 12 232 M
Yield 2018 5,91%
P/E ratio 2018 15,23
P/E ratio 2019 13,94
EV / Sales 2018 0,84x
EV / Sales 2019 0,80x
Capitalization 49 541 M
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Eni Technical Analysis Chart | ENI | IT0003132476 | 4-Traders
Technical analysis trends ENI
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 15,8 €
Spread / Average Target 16%
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Managers
NameTitle
Claudio Descalzi Chief Executive Officer & General Manager
Emma Marcegaglia Chairman
Roberto Casula Chief Operations, Development & Technology Officer
Massimo Mondazzi Chief Financial Officer
Alessandro Lorenzi Independent Non-Executive Director
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