Eni: web revenue soar to 1.2 billion within the fourth quarter. Descalzi: «Solid outcomes» | EUROtoday

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Eni closed the fourth quarter of 2025 with a soar in adjusted web revenue to 1.2 billion, up 35% in comparison with the earlier yr, thanks above all to the increase from the group’s historic engine (exploration and manufacturing), whereas the adjusted professional forma working revenue elevated by 6%, to 2.87 billion, regardless of the drop in oil costs (-15%) and the euro-dollar alternate price issue (with the previous’s appreciation of 9% in opposition to the US foreign money). All supported by a rise in oil and gasoline manufacturing, which grew by 7% on the earlier yr and by 5% on a sequential foundation, to 1.84 million barrels of oil equal per day.

The accounts above the analysts’ consensus

Same rising dynamic, then, additionally for the working money movement (+4%), at 3 billion, above the trajectory of the newest plan which might be up to date on March nineteenth. The total nonetheless very unsure situation, subsequently, didn’t forestall Eni from submitting a fourth quarter above the consensus of analysts – who, not surprisingly, all underline the robust efficiency of the group -, whereas for the yr the decline in Brent is felt with a slowdown of 5% for adjusted web revenue, which fell to 4.99 billion, and of 15% for adjusted professional forma working revenue, to 12.22 billion.

Descalzi: structurally stable leads to 2025

CEO Claudio Descalzi is of course glad as a result of the accounts simply permitted by Eni affirm the validity of the technique that the CEO needed to additional speed up. «In 2025 we achieved structurally stable leads to industrial and economic-financial phrases, due to the execution of our technique, constructed over the previous couple of years – is the remark of the primary following the board of administrators who permitted the accounts -. We have accomplished vital initiatives on time and on funds, lowering our degree of debt and rising distribution to shareholders.”

Descalzi therefore places emphasis on the contribution ensured, as mentioned, by E&P, whose results, said the CEO, «were excellent, driven by production growth and cost containment. Annual production exceeded guidance with underlying growth of 4%, supported by the start-up of six major projects. Furthermore, we have strengthened the medium-term production profile thanks to four important final investment decisions. We are finalizing our business combination with Petronas focused on the LNG market in Indonesia and Malaysia.”

The CEO: working money movement beat the plan forecast

The primary additionally focuses on the efficiency of the transition companies from which a big contribution has come. «Enilive and Plenitude have generated vital progress and worth, contributing to additional diversifying and consolidating the Group’s outcomes. In a difficult marketplace for renewables and low carbon merchandise, these companies have benefited from the resilience of our built-in fashions, acquiring an total valuation by personal fairness traders of over 23 billion when it comes to enterprise worth.” These progress in the execution of the strategy, added the CEO, «translated into significant financial results: the 2025 operating cash flow reached 12.5 billion, beating the plan forecast revised to take into account the worsening scenario, and the debt ratio on a pro forma basis stood at 14%. At the same time, we increased shareholder distribution, increasing the value of our buyback program by 20%. Despite a volatile context, in 2025 Eni demonstrated its ability to combine production growth, reduction in investments, debt reduction and increase in remuneration”.