Eni Lifts Buybacks as 2025 Profit Beats Expectations

Eni closed 2025 with stronger-than-expected fourth-quarter earnings, robust cash flow, and lower leverage, as upstream production growth and disciplined capital allocation offset a softer oil price environment. The Italian major posted fourth-quarter adjusted net profit attributable to shareholders of €1.20 billion, up 35% from a year earlier, while group proforma adjusted EBIT rose 6% to €2.87 billion despite a 15% drop in Brent prices and a stronger euro. Full-year adjusted net profit attributable to sh ...