Top Warren Buffett Companies To Invest In Right Now

Top Warren Buffett Companies To Invest In Right Now: ENI S.p.A. (E)

Eni SpA, an integrated energy company, engages in the exploration, production, transportation, transformation, and marketing of oil and natural gas. The company also involves in the production and sale of electricity; refining and marketing of petroleum products; and production and sale of petrochemical products and hydrocarbons. In addition, it engages in the offshore and onshore hydrocarbon field construction. Further, the company offers offshore and onshore drilling, and offshore design and engineering services for oil and gas companies. It has a strategic partnership with Gazprom for the joint development of projects in the upstream oil and gas markets. Eni SpA operates in Europe, Africa, Asia and Oceania, and the Americas. The company was founded in 1953 and is headquartered in Rome, Italy with an additional office in San Donato Milanese, Italy.

Advisors' Opinion:

• [By Aaron Levitt]

  Last year, the story for many of Europe's major integrated energy stocks wasn't that pleasant. Higher drilling costs and absolutely abysmal crack spreads on refining hurt profits and crimped share prices. From BP (BP) to Italy's ENI (E), many of the European majors suffered.

• [By Vanina Egea]

  Integrated oil companies seem to have finally come out of the shadows. With a world economy on the rebound after the 2007/8 crisis, demand for oil began to climb again. However, as the activity slowdown affected some companies more than others, emerging market trends are expected to do so. For example, Europe has been the hardest hit region with respect to the oil & gas industry, and continues to slowly recover, in North America the gas boom reached its zenith and activities began to move offshore in the search for oil. For Eni (E) has been a troubled road since 2008, reflected by a deep decl! ine on its stock face value. Although performance has been somewhat stable, stock value never recovered pre-crisis levels and gurus have not been very active on the stock. Can something different be expected from this integrated oil producer?

source from Top Stocks For 2015:http://www.topstocksblog.com/top-warren-buffett-companies-to-invest-in-right-now-2.html