Snam is engaged in the construction and integrated management of natural gas infrastructure. It manages the gas systems, develops infrastructure and provides integrated services for the market. Co. is also engaged in natural gas transportation, storage, regasification and urban distribution. Co. manages a national transportation network, including eight storage facilities, one regasification plant and a local distribution network.
  • TickerSRG
  • ISINIT0003153415
  • SectorOil Equipment, Services & Distribution
  • CountryItaly

SNAM SPA with less fundamental stars is reduced to Neutral

SNAM SPA (IT), a company active in the Gas Distribution industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date July 3, 2020, the closing price was EUR 4.39 and its expected value was estimated at EUR 4.28.

SNAM S.p.A.: Update to credit analysis

Our credit view of SNAM S.p.A., reflecting the publication of the group's full year 2019 results.

Expert Corporate Governance Service (ECGS)

Snam S.p.A. – AGM 18 June 2020

In item 1 of the extraordinary session, the Board of Directors requests the authorization to cancel up to maximum 129'164'660 treasury shares (3.8%). The maximum number of shares to be cancelled is reasonable, and the cancellation of treasury shares will have no effects on existing shareholders' rights. However, in light of the Covid-19 pandemic, ECGS believes that a re-issue of treasury shares is much more advisable to allow the Company to better face expected macroeconomic difficulties. The net proceeds from the sale of treasury shares might be used, for instance, to reduce the Company's net...

Snam Analysis

Snam S.p.A. is an Italian energy infrastructure company.As of 31 December 2018, it had a market capitalization of €12.6 billion. Snam was originally a subsidiary of Italian energy company Eni. It has since become an independent company, whose largest shareholder is CDP Reti, a holding company controlled by the Italian state. The utility operates in Italy and, through associated companies, in Austria, France, United Kingdom, in Albania (AGSCo), Austria (TAG and GCA), France (TerÄ“ga), Greece (DESFA) and the United Kingdom (Interconnector UK). It is one of the main shareholders of TAP (Trans Adr...

Moody's announces completion of a periodic review of ratings of SNAM S.p.A.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SNAM S.p.A. Global Credit Research- 04 Mar 2020. Paris, March 04, 2020-- Moody's Investors Service has completed a periodic review of the ratings of SNAM S.p.A. and other ratings that are associated with the same analytical unit.

Jérôme VINERIER

Analyse court terme - SNAM RETE GAS : La tendance de fond est clairement orientée à la hausse.

La tendance de fond est clairement orientée à la hausse. Les cours progressent encore, mais le mouvement montre moins de puissance. La prochaine résistance est à 3,869 €. La rupture du support à 3,340 € invaliderait cette tendance.

Jérôme VINERIER

Short term view - SNAM RETE GAS : The background trend is clearly bullish.

The background trend is clearly bullish. Prices are still making progress but there is less power in the movement. The next resistance is at €3.869. Breaking below the support at €3.340 would invalidate the trend.

Jérôme VINERIER

Analyse court terme - SNAM RETE GAS : Les cours progressent encore.

La tendance de fond est clairement orientée à la hausse. Les cours progressent encore, mais le mouvement montre moins de puissance. La prochaine résistance est à 3,869 €. La rupture du support à 3,340 € invaliderait cette tendance.

Jérôme VINERIER

Short term view - SNAM RETE GAS : Prices are still making progress

The background trend is clearly bullish. Prices are still making progress but there is less power in the movement. The next resistance is at €3.869. Breaking below the support at €3.340 would invalidate the trend.

Jérôme VINERIER

Short term view - SNAM RETE GAS : The background trend is clearly bullish.

The background trend is clearly bullish. Prices are still making progress. The following targets are at €3.869 and €4.077. The trend would be invalidated below the support at €3.340.

Insider bought: A director bought 85,000 shares at 3.532EUR and

A director at Snam Rete Gas bought 85,000 shares at 3.532EUR and the significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Snam Analysis

Snam S.p.A. is an Italian energy infrastructure company.As of 31 December 2018, it had a market capitalization of €12.6 billion. Snam was originally a subsidiary of Italian energy company Eni. It has since become an independent company, whose largest shareholder is CDP Reti, a holding company controlled by the Italian state. The utility operates in Italy and, through associated companies, in Austria, France, United Kingdom, in Albania (AGSCo), Austria (TAG and GCA), France (TerÄ“ga), Greece (DESFA) and the United Kingdom (Interconnector UK). It is one of the main shareholders of TAP (Trans Adr...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior