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Eni jumps 125% in profit on refining boom

FinanceInternationalInspenet30 s readAI summary
Image: Inspenet

Eni raised its adjusted net profit by 125% in the third quarter of 2026, to $3.14 billion (2.8 billion euros), driven by growth in oil and gas production and by refining margins that more than doubled. The result beat market expectations. The Italian oil company also announced an extraordinary dividend and an expansion of its share buyback program.

In 30 seconds

  • Adjusted net profit of $3.14 billion in the third quarter of 2026, up 125%
  • The standard refining margin reached $28.1 per barrel, versus $8.9 a year earlier
  • Oil and gas production rose 4% and operating cash flow grew 30%
Read the full story at Inspenet

IASummary generated by artificial intelligence from a story by Inspenet. It may contain errors: the original source prevails.

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