Eni expands 2026 buyback to $3.9B after strong Q2 results

1. 1Eni (E) expanded its 2026 share buyback program after reporting Q2 results that beat consensus.
2. 2Adjusted net profit came in at $2.65 billion, more than double $1.29 billion a year earlier, while the buyback guidance was raised by $683 million to $3.9 billion.
3. 3The company cited higher realized oil and gas prices and increased output, while also raising its 2026 underlying production growth guidance to around 5%.

Source Oilprice.com +1 · View original ↗

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