BP - Deeply Undervalued And Well Positioned
Eni SPA (E) the energy giant remains a buy after reporting strong Q1 results on April 27th. The company posted solid operational results and remains an excellent buying opportunity even with the price running up from $34 to $39 per share.
Eni's share price has muddled along for since oil retreated in late 2014, their ADR shares on the NYSE have mostly traded in the low 30s and occasionally dropping below 30. I expect the recent price run-up to continue as oil prices inch higher and the company continues to execute.