The earnings call highlights Eni's strong strategic progress and growth in various segments, particularly in exploration, upstream, and renewable energy capacity. Despite challenges in Versalis and refining operations, the company maintains a strong financial position with significant cash initiatives in place.

Company Guidance -

Q3 2025

In Eni's 2025 First Half Results Conference Call, CEO Claudio Descalzi highlighted several key metrics and strategic initiatives. The company expects to grow its cash flow from operations (CFFO) by 40% by 2030, with a significant increase in return on capital employed. Shareholder returns are prioritized with a dividend growing over 5% annually and an active share buyback program. In the first half of 2025, Eni discovered 600 million barrels of oil equivalent in new resources and is advancing major projects, including five set for first production this year. Production averaged 1.67 million barrels per day in Q2, with EBIT at EUR 1.7 billion. The company anticipates CFFO of EUR 11.5 billion for 2025, EUR 0.5 billion higher than earlier guidance. The ongoing transformation of Versalis aims to improve EBIT by nearly EUR 1 billion. Net debt fell to EUR 10.2 billion, and pro forma leverage was 10%, indicating strong financial health. Additionally, Plenitude and Enilive are poised for significant growth, with Plenitude's EBITDA expected to triple between 2024 and 2030.

Strong Strategic Progress and Growth

Eni has continued its strategic progress through the first half of 2025, with a focus on upstream growth, exploration success, and downstream transformation. The company expects to grow CFFO by 40% by 2030 and improve return on capital employed.

Significant Exploration Success

Eni discovered around 600 million barrels of oil equivalent of new resources in the first half of 2025, including discoveries in Namibia, Ivory Coast, and Norway.

Upstream and LNG Developments

Eni's upstream production was 1.67 million barrels per day, with major projects like Johan Castberg and Balder X starting up. Eni also signed an agreement for the Argentina LNG project.

Growth in Renewable Energy Capacity

Plenitude's renewable capacity is expected to grow by over 30% year-on-year to over 5.5 gigawatts net by the end of 2025.

Strong Financial Position

Net debt fell to EUR 10.2 billion, with leverage at 19%. Pro forma leverage was 10%, the lowest level in Eni's history.

Significant Cash Initiatives

Eni has achieved EUR 1 billion in cash initiatives and expects to reach a total benefit of EUR 3 billion by the end of the year.

Eni SPA (E) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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E Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 24, 2025	2025 (Q3)	0.71 / -	0.854	―	―	―
Jul 25, 2025	2025 (Q2)	0.68 / 0.85	1.013	-15.60% (-0.16)
Apr 24, 2025	2025 (Q1)	0.83 / 1.03	1.026	0.10% (<+0.01)
Feb 27, 2025	2024 (Q4)	0.66 / 0.58	1.056	-44.70% (-0.47)		―
Oct 25, 2024	2024 (Q3)	0.73 / 0.85	1.147	-25.54% (-0.29)
Jul 26, 2024	2024 (Q2)	0.95 / 1.01	1.258	-19.48% (-0.25)
Apr 24, 2024	2024 (Q1)	1.08 / 1.03	1.546	-33.64% (-0.52)
Feb 16, 2024	2023 (Q4)	1.08 / 1.06	1.568	-32.65% (-0.51)
Oct 27, 2023	2023 (Q3)	1.10 / 1.15	2.095	-45.25% (-0.95)
Jul 28, 2023	2023 (Q2)	1.13 / 1.26	2.182	-42.35% (-0.92)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

E Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 25, 2025	$33.99	$34.69	+2.06%
Apr 24, 2025	$27.95	$28.50	+1.97%
Feb 27, 2025	$29.19	$28.50	-2.36%
Oct 25, 2024	$29.79	$29.89	+0.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Eni S.P.A. (E) report earnings?

Eni S.P.A. (E) is schdueled to report earning on Oct 24, 2025, Before Open (Confirmed).

What is Eni S.P.A. (E) earnings time?

Eni S.P.A. (E) earnings time is at Oct 24, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is E EPS forecast?

E EPS forecast for the fiscal quarter 2025 (Q3) is 0.71.

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