Financial Analysis: ENI (NYSE:E) and Sable Offshore (NYSE:SOC)

ENI ( NYSE:E – Get Free Report ) and Sable Offshore ( NYSE:SOC – Get Free Report ) are both oil/energy companies, but which is the superior investment? We’ll compare the two companies based on earnings strength, risk, valuation, dividends, profitability, analyst recommendations and institutional ownership.

Institutional and insider ownership

1.2% of ENI shares are owned by institutional investors. Comparatively, 26.2% of Sable Offshore shares are held by institutional investors. 0.0% of ENI shares are owned by insiders. Comparatively, 14.3% of Sable Offshore shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and big money managers believe a stock will outperform the market over the long term.

Analyst recommendations

This is a breakdown of current ratings and price targets for ENI and Sable Offshore as provided by MarketBeat.com.

ENI currently has a consensus target price of $39.60, indicating a potential upside of 25.52%. Sable Offshore has a consensus target price of $25.33, indicating a potential upside of 1.13%. Given ENI’s higher possible upside, research analysts plainly believe ENI is more favorable than Sable Offshore.

Volatility and risk

ENI has a beta of 0.96, meaning its share price is 4% less volatile than the S&P 500. Comparatively, Sable Offshore has a beta of 0.26, meaning its share price is 74% less volatile than the S&P 500.

Earnings and Rating

This table compares ENI and Sable Offshore’s core revenue, earnings per share and valuation.

ENI has higher revenue and earnings than Sable Offshore.

return

This table compares ENI and Sable Offshore’s net margins, return on equity and return on assets.

Summary

ENI beats Sable Offshore on 8 of the 11 factors compared between the two stocks.

About ENI

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Eni SpA operates as a global integrated energy company. The Company engages in the exploration, development, extraction, manufacture and marketing of crude oil and natural gas, petroleum fuels, chemical products and gas-based energy, as well as renewable energy products. It works through Exploration and Production; Global Gas and LNG Portfolio (GGP); Enilive, Refining and Chemicals; Fullness and strength; and the Corporate and other activities segments. The company is engaged in the research, development and production of oil, condensate and natural gas. It is also involved in the supply and wholesale sale of natural gas through pipelines; and international transportation, as well as the purchase and sale of liquefied natural gas. In addition, the company supplies biological raw materials and crude oil; and stores, produces, distributes and markets biofuels, petroleum products, biomethane, basic and petrochemical chemicals, intermediates, plastics and elastomers and other chemicals, as well as providing smart mobility solutions and mobility services. In addition, it engages in the retailing of gas, electricity and related services; production and wholesale of electricity from thermal power plants and from renewable sources; and providing services for electric mobility. The company was founded in 1953 and is headquartered in Rome, Italy.

About Sable Offshore

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Sable Offshore Corp. engages in oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters off California. It owns and operates 16 federal leases on approximately 76,000 acres and subsea pipelines that transport crude oil, natural gas and produced water from platforms to onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was founded in 2020 and is based in Houston, Texas.

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