E - Eni: Earnings Likely To Be Suppressed For Quite Some Time
On Thursday, July 30, 2020, Italian energy giant Eni S.p.A. (E) announced its second quarter 2020 earnings results. The headline numbers were admittedly rather disappointing as the company missed analysts' expectations in terms of top-line revenue and posted a quarterly loss. Admittedly, few people expected an energy company to perform well given the current low price environment. It was not all bad news here though as the company experienced some positive developments in its portfolio and we can see some signs that the company's growth story continues to play out, although it did