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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eni Spa | BIT:ENI | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.116 | -0.78% | 14.708 | 14.662 | 14.80 | 14.854 | 14.656 | 14.846 | 8,546,828 | 17:00:00 |
By Josh Beckerman
--Eni SpA expects to record an asset write-down of about 3.5 billion euros ($3.96 billion) due to a lower long-term outlook for energy prices, Reuters reported.
--Eni is reducing its 2023 long-term price assumption for Brent to $60 a barrel from $70, and is also lowering its gas price assumption, Reuters reported.
Full story: https://www.reuters.com/article/us-health-coronavirus-eni-impairments/eni-to-book-3-5-billion-euro-asset-writedown-after-cutting-price-outlook-idUSKBN2472PO
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
July 06, 2020 19:19 ET (23:19 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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