Mr. Umberto Vergine has served as General Manager Gas and Power Division of Eni SpA since January 1, 2012. He previously served as Senior Executive Vice President Studies and Researches of the Company. After his graduation in Civil Engineering from Politecnico di Milano he joined Eni SpA in 1984. He started his career as Petroleum Engineer, worked in Norway, Angola and Libya and then he served as Production Manager in the Crema District in Italy until 1993. Between 1996 and 2001, he was District Manager of Agip UK in Aberdeen, District General Manager of Nigerian Agip Oil Co in Port Harcourt and General Manager of Petrobel Company in Egypt. In 2001, he was appointed Chief Executive Officer of Lasmo Venezuela in Caracas and in 2002 he was appointed Chief Executive Officer of Ieoc in Cairo. He returned to Italy in 2004, before the current job he held in ENI SpA E&P Division the responsibilities of Senior Vice President for North Sea, Americas, Russia, Far East and Pacific, Senior Vice President Technologies & Services, and Executive Vice President for South Europe, Central Asia, Far East and Pacific.
The company has return on total asset of 6.25 % which means that for every 100 dollars spent on asset it generated profit of $6.25. This is acceptable considering the industry classification. Similarly, it shows return on equity (ROE) of 4.22 % implying that it made 4.22 on every $100 invested by shareholders.
The company has accumulated 34.09 B in total debt with debt to equity ratio (D/E) of 0.4 which looks OK as compared to the sector. Eni SpA has Current Ratio of 1.34 which is considered satisfactory as compared to similar companies.
Eni SpA, together with its subsidiaries, engages in the oil and gas exploration and production, gas marketing operations, power generation, chemicals, and oilfield services businesses internationally. Eni SpA [E] is traded on New York Stock Exchange in USA. It is located in Rome, RM and employs 77,838 people. Filter other
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