Snam SpA - Company Profile
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Snam SpA (Snam) is an integrated midstream energy company. It carries out the regasification, transportation, storage and supply of natural gas. The company transports and dispatches natural gas through transportation network, dispatch center, supervisory districts, management centers, and compressor stations. Snam also offers engineering and technical-operational services for gas operators in national and international markets. The company Rete Gas, and its subsidiary, transports natural gas; GNL Italia conducts regasification; and Stogit stores natural gas. It procures natural gas through import and injects it into the national gas network through entry points in pipelines used for import from North Africa, Northern Europe and Russia. The company operates through its associate companies in Austria, France and the UK. Snam is headquartered in San Donato Milanese, Italy.
Headquarters
Italy
Address
Piazza Santa Barbara, 7, San Donato Milanese, 20097
Website
www.snam.it
Telephone
39 02 5201
No of Employees
3,798
Industry
Energy and Utilities
Ticker Symbol & Exchange
SRG (BIT)
Revenue (2022)
$4.6B
22%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
69.2%
(2022 vs 2021)
Market Cap*
$15.1B
Net Profit Margin (2022)
XYZ
38.7%
(2022 vs 2021)
* As of and is in US$
Snam SpA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| LNG | Storage |
| Natural gas | Transportation |
| Regasification of LNG |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a contract with Baker Hughes for the supply of three NovaLT 12 gas turbine-driven compressor trains for a new gas compressor station in Sulmona, Italy. |
| 2024 | Plans/Strategy | In February, the company announced its plans to acquire Edison Stoccaggio from Edison. |
| 2024 | Contracts/Agreements | In February, the company entered into a partnership with Confindustria to introduce an industry-specific market test for hydrogen demand and a collection of expressions of interest. |
Competitor Comparison
| Key Parameters | Snam SpA | Enel SpA | Acea SpA | Terna SpA | Enagas SA |
|---|---|---|---|---|---|
| Headquarters | Italy | Italy | Italy | Italy | Spain |
| City | San Donato Milanese | Rome | Roma | Roma | Madrid |
| State/Province | - | Lazio | - | - | Madrid |
| No. of Employees | 3,798 | 61,055 | 10,220 | 5,762 | 1,312 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Monica De Virgiliis | Chairman | Executive Board | 2022 | 56 |
| Stefano Venier | General Manager; Chief Executive Officer; Director | Executive Board | 2022 | 60 |
| Luca Passa | Chief Financial Officer | Senior Management | 2023 | 50 |
| Umberto Baldi | Chief Legal Officer; General Counsel | Senior Management | 2021 | 51 |
| Cristian Acquistapace | Chief Efficiency and Biomethane Officer | Senior Management | 2021 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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