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The Company operates in the exploration and production of hydrocarbons. It conducts its exploration and production activities through its Exploration and Production Division and certain operating subsidiaries.
Positive:- High yield, low PE, close to book value- European fears have supressed price, fears might be correct but then all stocks go down, at least Eni seems to be a good relative value- International diversification especially in Africa will more and more turn into an advantageNegative:- Very dependent on oil and natural gas prices, which could go down a lot more in a true recessionCategory: SMp
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