Eni S.p.A. (NYSE:E) is included among the\u00a010 Best Global Stocks to Buy According to Wall Street Analysts<\/strong>.<\/p>\n Eni S.p.A. (NYSE:E) operates as an integrated energy company in Italy, the rest of Europe, the United States, Asia, Africa, and internationally.<\/p>\n Eni S.p.A. (NYSE:E) announced on April 20 that it had made a \u201cgiant\u201d natural gas discovery in the Ganal block offshore Indonesia, with preliminary estimates indicating resources of approximately 5 trillion cubic feet of gas and 300 million barrels of condensate.<\/p>\n The discovery was made at the Geliga-1 exploration well, drilled to a total depth of around 5,100 meters in a water depth of about 2,000 meters. The discovery is among the five exploration wells that Eni S.p.A. (NYSE:E) drilled over the last six months within the same basin. The find could help increase the Italian energy giant\u2019s gas output in Indonesia to 2,000 million standard \u200bcubic feet per day in 2028, \u200bfrom around \u2060700 million standard cubic feet per day currently.<\/p>\n Eni S.p.A. (NYSE:E) continues to invest in Indonesia and revealed last month that it had reached a final investment decision for the development of \u200btwo more major deepwater gas projects in the country.<\/p>\n While we acknowledge the potential of E as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the\u00a0best short-term AI stock<\/strong>.<\/p>\n<\/div>\n<\/div>