ENI SPA (E) Form 6-K — Oct 27, 2026
Eni reported strong Q3 2026 results, with proforma adjusted EBIT of €5,994 mln, up 100% year-over-year, and nine-month adjusted EBIT of €14.9 bln, up 59%. Underlying E&P production grew 7% to 1.83 mln boe/d on project ramp-ups and the Searah JV. On the back of upgraded FY26 cash flow guidance of €16.5 bln, Eni's Board declared an extraordinary dividend of €0.46 per share (€1.3 bln total, payable in December) and raised the 2026 buyback 12% to €3.8 bln — nearly triple the initial €1.5 bln plan. The second tranche of the provision in place of the 2026 dividend (€0.27/share, ex-date 23 November) was also approved, with ADR holders receiving €0.54 per ADR.
Key figures
- Eps
- 1.09
- Revenue
- 26035
- Guidance
- FY26 adjusted CFFO raised to €16.5 bln; oil & gas production growth raised to 6-7%; GGP proforma EBIT ~€1.5 bln; Enilive proforma adjusted EBITDA €1.4 bln; Plenitude EBITDA ~€1.2 bln; gross capex €7 bln; net capex <€4.5 bln; proforma gearing at bottom of 10-15% range
- Net Income
- 3Q'26 net profit attributable to Eni shareholders; 9M'26 basic EPS €2.53 vs €0.77
- Total Debt
- 34390
- Revenue Yoy
- Q3 revenue €26,035 mln vs €18,684 mln in Q3 2025 (~+39%)
- Cash Position
- 11767
- Shares Offered
- 0
- Proforma gearing
- 10% (record low)
- Buyback 2026 eur bln
- 3.8
- Buyback increase pct
- 12
- Renewable capacity gw
- 6.1
- 9m ebit yoy growth pct
- 59
- Q3 ebit yoy growth pct
- 100
- Shares repurchased mln
- 85
- New discoveries bln boe
- 1.23
- Adr dividend per adr eur
- 0.54
- Ordinary dividend per share eur
- 1.1
- Net borrowings ex ifrs16 eur mln
- 6702
- Q3 hydrocarbon production kboe d
- 1829
- 9m proforma adjusted ebit eur mln
- 14905
- Q3 proforma adjusted ebit eur mln
- 5994
- Buyback cash outlay to date eur bln
- 1.95
- Underlying ep production growth pct
- 7
- Extraordinary dividend per share eur
- 0.46
- Extraordinary dividend total eur bln
- 1.3
- Second tranche dividend per share eur
- 0.27
AI analysis
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