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Replies to #20 on Eni S.p.A. (E)

Timothy Smith

10/30/15 10:42 AM

#21 RE: OTCdoc #20

It is very much impacted by oil prices. Right now the industry is cutting costs and capex to conserve capital but in many cases dealing with large debt burdens and maintaining cash flows. As the price begins to adjust then these companies will be positively affected.