Eni increased its 2026 share buyback by ~90% to €2.8 billion after Q1 cash flow and operating profit beat guidance.
Full‑year cash‑flow guidance was lifted 20% to €13.8 billion, reflecting stronger performance and a better commodity price environment.
Oil & gas output rose 9% YoY to 1.80 million boe/d, driven by ramp‑ups in Norway, Congo, Mexico and Angola.
Eni announced demerger of Plenitude after share‑holding restructure with Ares Management, and reported renewable capacity up to 5.9 GW.