Eni S.p.A. (E) reports Q3 results; updates guidance

Eni S.p.A. (NYSE: E) reported Q3 EPS of €0.54. Revenue for the quarter came in at €22.32 billion.

GUIDANCE:

The Company is issuing the following 2023 updated operational and financial guidance: E&P: 2023 guidance for hydrocarbon production is narrowed to between 1.64-1.66 mln boe/d (vs. previous guidance 1.63-1.67 mln boe/d). E&P: following the recent exploration success (Egypt and Indonesia), the target initially set of resources additions of 700 mln boe will be exceeded. GGP: the previously raised guidance of FY adjusted EBIT in the €2.7 bln - €3 bln range is confirmed.

For earnings history and earnings-related data on Eni S.p.A. (E) click here.

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