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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ENI Spa | NYSE:E | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.10 | 0.32% | 31.71 | 31.75 | 31.53 | 31.71 | 95,672 | 01:00:00 |
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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