Eni's Energy Surge: Profits Up, Buybacks Jump
Update: 2025-10-24
Description
Eni defies market headwinds! The Italian energy giant just announced a massive earnings beat, raking in $1.4 billion in adjusted net profit and boosting its cash flow outlook to $14 billion. Fueled by surging oil and gas production in Africa and Asia, Eni is rewarding investors with a 20% increase in share buybacks, signaling a confident stride in the global energy arena and potentially setting the stage for other industry giants to follow suit.
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