Italian energy group Eni on Friday increased its share buyback by around 90% to 2.8 billion euros ($3.27 billion) and improved its 2026 guidance on cash flow from operations.
E reports Q1 2026 results April 24; shares are up 87.9% in a year, yet the stock trades at an EV/EBITDA discount to the industry.
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Eni, Shell, Tim and Yum China highlight how strong shareholder yield stocks can offer stability as the Hormuz crisis disrupts oil flows, fuels inflation and rattles global markets.
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Influential proxy adviser ISS has urged shareholders to vote against Italian energy company Eni's proposal to sharply increase its chief executive's pay for 2026, calling the move "excessive".
E benefits from oil prices above $90 per barrel, boosting cash flow and supporting growth as elevated prices strengthen its global upstream operations outlook.
Eni stock nears its 52-week high as rising oil prices and expanding upstream operations boost the production outlook and strengthen cash flow potential.
The European Union should reconsider its plans to progressively ban imports of Russian gas from the start of 2027, Claudio Descalzi, the CEO of Italian energy group Eni said.
E reports a major gas find in Egypt at Denise W 1, with ~2 Tcf potential, boosting future output and reserves.
Italy's Treasury has proposed the reappointment of Claudio Descalzi for a fifth term as CEO of state-controlled energy group Eni, it said late on Thursday, cementing his position as the longest serving CEO of a Western-listed oil major.
Eni has made a gas and condensate discovery offshore Egypt after drilling the Denise W‑1 exploration well in the Temsah Concession in the Eastern Mediterranean, the Italian energy group said on Tuesday.