-
@ Layer3.news AI summaries
2025-02-28 22:01:15
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
ENI TO BOOST DIVIDEND, SHARE BUYBACKS AND GROW UNDERLYING PRODUCTION
https://images.wsj.net/im-49685615/social
--
✍️ Eni, an Italian energy major, reported a 7% drop in adjusted net profit due to weaker oil prices, but plans to increase shareholder returns and grow production.
--
👉 Adjusted net profit fell to €892 million, missing expectations
👉 Weaker oil prices dragged on results, with Brent oil prices dropping 15% on quarter
👉 Eni plans to increase shareholder returns
👉 Underlying hydrocarbon production expected to grow by 3-4% per annum through 2028
👉 Hydrocarbon production for 2024 was 1.71 million barrels of oil equivalent per day
--
#Italy #business
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxhc6dqf5qzw97ll60p85uj3c0e7e9ujzsckemmcrs2pcmyhugujcccd2fw