Eni reports higher output and expands buyback program

Eni posted stronger production and solid financial results, while boosting its share buyback program to support investors and long-term sustainable growth.

Eni has reported an increase in production alongside improved financial performance for the latest reporting period, confirming the company’s positive momentum in both its upstream operations and energy transition activities. The stronger results reflect higher output levels and efficient cost management, despite continued volatility in global energy markets.

The company also announced an expansion of its share buyback program to €1.8 billion. According to management, the increased buyback reflects confidence in Eni’s balance sheet and strategic direction, while providing additional value to shareholders. Analysts note that the move underlines Eni’s intention to combine financial discipline with investment in low-carbon projects, maintaining its commitment to sustainable growth in the evolving energy landscape.