Eni on Friday reported adjusted net profit of €1.3 billion in the first quarter of 2026.
Eni closed the first quarter of 2026 with adjusted net profit of €1.302 billion, down 8% from the same period in 2025, net profit of €1.071 billion (-9%), adjusted pro forma operating profit of €3.536 billion (-4%), and adjusted net profit before taxes of €2.378 billion (-13%), the energy giant announced after the Board of Directors approved its financial statements.
Oil and gas production recorded a robust 9% growth in the first quarter of 2026.
Eni has revised its share buyback plan upwards, increasing it by approximately 90% to €2.8 billion.
It said that it is "in line with our distribution policy, which provides for the sharing of upside with our shareholders."
