ENI S.p.A. E

Competitive advantage analysis · energy

Corporate Default
Overall moat score
38/100
Developing

Ranked against 21 peers in Oil & Gas Integrated

About ENI S.p.A.

Eni S.p.A. operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global … Full E analysis →

Key strengths

  • Strong Liquidity Buffer Liquidity position is strong (score 0.76), providing operational cushion.

Key risks

  • ROIC Below WACC or Peers ROIC at 31.6th percentile suggests inefficient capital deployment.
  • Scale Without Profitability Despite scale, profitability lags peers (score 0.16), suggesting limited competitive advantage.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
40
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Where E ranks in Oil & Gas Integrated

ENI S.p.A. ranks #16 of 22 scored companies in Oil & Gas Integrated by moat score — the top 73%. The widest moat in the group is Suncor Energy Inc. (SU) at 73/100.

# Company Moat score Rating
12 Ecopetrol S.A. EC 56/100 Moderate
13 Chevron Corporation CVX 56/100 Moderate
14 BP p.l.c. BP 45/100 Developing
15 Stabilis Solutions, Inc. SLNG 41/100 Developing
16 ENI S.p.A. E 38/100 Developing
17 YPF Sociedad Anonima YPF 38/100 Developing
18 Crescent Energy Company CRGY 35/100 Developing
19 Crown LNG Holdings Limited CGBS 22/100 Weak
20 Vivakor, Inc. VIVK 19/100 Weak

See every Commodities & Mining company ranked by moat score →

How E scores on the Corporate Default defenses

Pricing Power

Score 40 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 44 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 36 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 37 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 44 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 29 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding E's moat

What is ENI S.p.A.'s moat score?

ENI S.p.A. (E) scores 38 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #16 of 22 scored companies in Oil & Gas Integrated, the top 73%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 21 companies in Oil & Gas Integrated. Its strongest defense is Cost Advantage (44/100) and its weakest is Scale & Market Position (29/100).

How does ENI S.p.A. compare with other Oil & Gas Integrated companies?

ENI S.p.A. ranks #16 of 22 scored companies in Oil & Gas Integrated by moat score. The widest moat in Oil & Gas Integrated is Suncor Energy Inc. (SU) at 73/100. The companies ranked closest are Stabilis Solutions, Inc. (SLNG) at 41 just above it and YPF Sociedad Anonima (YPF) at 38 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 21 companies in Oil & Gas Integrated. The defenses are then weighted to produce the overall score out of 100.

Why is ENI S.p.A. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for ENI S.p.A.?

The Corporate Default template measures 6 defenses, and E scores: Pricing Power (40), Cost Advantage (44), Customer Stickiness (36), Capital Efficiency (37), Resilience (44), Scale & Market Position (29). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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