Eni vs Valero (ENI.MI vs VLO)

Eni (ENI.MI) vs Valero (VLO) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Eni (ENI.MI) and Valero (VLO) compete in oil and gas. Here are Eni and Valero side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Eni or Valero.

Eni vs Valero: the figures

Figure	Eni	Valero
Share price	€25.54 (November 4, 2026)	$365.34 (November 4, 2026)
Market cap	€72.8 billion	$101.9 billion
P/E (TTM)	17.5x	8.3x
Forward P/E	9.4x	6.8x
Revenue growth (quarter)	+26.7%	+46.5%
Net margin (TTM)	7.9%	8.8%
Net debt / EBITDA	1.3x	0.1x
Dividend yield	4.15%	1.24%
Beta	0.22	0.55

Eni and Valero figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Eni or Valero figure is not available, and we never estimate it.

3 key differences between Eni and Valero

Valuation: Eni trades at 17.5x its annual earnings and Valero at 8.3x; the market pays more for each dollar of Eni profit, usually because it expects more growth.
Growth: Valero grew sales +46.5% year on year in its latest quarter, against +26.7% for Eni.
Dividend: Eni yields 4.15% at today's price and Valero yields 1.24%.

Eni or Valero: which fits your profile

If you want growth: Valero is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
If you want income (dividends): Eni pays the higher dividend relative to its price.
If you prefer caution: Valero has less debt relative to its profit, which usually gives more room in a bad year.
If price is what matters most to you: Valero trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Eni nor Valero wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Eni and Valero make money

Eni (ENI.MI)

Eni is an Italian energy company whose oil and gas Exploration & Production business generates most of its profit. It also reports Global Gas & LNG Portfolio, Refining and Chemicals (Versalis), Enilive (biofuels and fuel stations) and Plenitude (renewables plus power and gas sales to households). It produces in Africa, Europe and Asia. Full Eni analysis.

Valero (VLO)

Valero Energy refines crude in the United States, Canada and the United Kingdom into gasoline, diesel and jet fuel, its core business. It also reports Renewable Diesel, through the Diamond Green Diesel venture, and Ethanol, made from corn. Fuel is sold under brands including Valero and, in the U.K., Texaco. Full Valero analysis.

Frequently asked questions: Eni vs Valero

Is Eni or Valero the better stock?

Choosing between Eni and Valero depends on what you are looking for. Valero is growing faster right now, and Valero trades on the lower P/E. Fintols does not tell you whether to buy Eni or Valero: it shows you the differences so you can decide.

Which pays a higher dividend, Eni or Valero?

As of November 4, 2026, Eni yields 4.15% and Valero yields 1.24%. Also check how much of their profit Eni and Valero pay out: if it is more than they earn, it cannot last.

Which is more expensive, Eni or Valero?

On P/E, Eni (17.5x) is more expensive than Valero (8.3x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Eni and Valero?

Yes. Many people spread their money across several companies, such as Eni and Valero, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Eni or Valero.

More comparisons with Eni or Valero

More companies like Eni and Valero: oil and gas stocks. Educational content about Eni and Valero, not investment advice.