We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Eni SpA (E - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Eni SpA is a member of the Oils-Energy sector. This group includes 254 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Eni SpA is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for E's full-year earnings has moved 28.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, E has returned 51.4% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 35.5% on average. As we can see, Eni SpA is performing better than its sector in the calendar year.
Imperial Oil (IMO - Free Report) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 50.2%.
Over the past three months, Imperial Oil's consensus EPS estimate for the current year has increased 16.5%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Eni SpA belongs to the Oil and Gas - Integrated - International industry, a group that includes 19 individual stocks and currently sits at #17 in the Zacks Industry Rank. Stocks in this group have gained about 46.2% so far this year, so E is performing better this group in terms of year-to-date returns.
On the other hand, Imperial Oil belongs to the Oil and Gas - Integrated - Canadian industry. This 4-stock industry is currently ranked #3. The industry has moved +77.9% year to date.
Eni SpA and Imperial Oil could continue their solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to these stocks.
View the Zacks #1 Rank List
Image: Bigstock
Are Oils-Energy Stocks Lagging Eni (E) This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Eni SpA (E - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Eni SpA is a member of the Oils-Energy sector. This group includes 254 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Eni SpA is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for E's full-year earnings has moved 28.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, E has returned 51.4% so far this year. Meanwhile, stocks in the Oils-Energy group have gained about 35.5% on average. As we can see, Eni SpA is performing better than its sector in the calendar year.
Imperial Oil (IMO - Free Report) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 50.2%.
Over the past three months, Imperial Oil's consensus EPS estimate for the current year has increased 16.5%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Eni SpA belongs to the Oil and Gas - Integrated - International industry, a group that includes 19 individual stocks and currently sits at #17 in the Zacks Industry Rank. Stocks in this group have gained about 46.2% so far this year, so E is performing better this group in terms of year-to-date returns.
On the other hand, Imperial Oil belongs to the Oil and Gas - Integrated - Canadian industry. This 4-stock industry is currently ranked #3. The industry has moved +77.9% year to date.
Eni SpA and Imperial Oil could continue their solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to these stocks.