Eni S.p.A. reported third-quarter adjusted net profit of €2.8 billion, above analyst expectations of €2.48 billion. Profit more than doubled from the same period last year.
The company said its results reflected strong performance across its businesses. Upstream production rose 7%.
Eni announced enhanced shareholder returns in response to its financial performance and outlook. It will pay an extraordinary dividend of €0.46 per share, totaling approximately €1.3 billion.
Eni will also increase its 2026 share buyback program by 12%, to €3.8 billion.