Eni Raises 2025 Cash Flow Guidance After Beating Q3 Estimates

Italy’s energy giant Eni (NYSE: E) raised its outlook on cash flow generation for 2025 and increased full-year planned buybacks by 20% after posting consensus-beating earnings for the third quarter. Eni on Friday reported an adjusted net profit of $1.4 billion (1.2 billion euros) for the third quarter of the year, in one of the first quarterly releases from oil and gas majors this earnings season. The profit beat an analyst consensus estimate of $1.18 billion (1.02 billion euros) provided by the company. ...