We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eni Spa | BIT:ENI | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.018 | 0.12% | 15.254 | 15.18 | 15.366 | 15.44 | 15.174 | 15.302 | 7,959,773 | 02:01:08 |
By Pietro Lombardi
ENI SpA (ENI.MI) said Friday that net profit rose more than six-fold in the fourth quarter, supported by an increase in the price of crude and growing sales across its divisions.
The company's fourth-quarter net profit was 2.10 billion euros ($2.62 billion), compared with EUR340 million in the same period last year.
Revenue rose 11% to EUR17.55 billion on the back of higher net sales across the group's businesses. Sales from exploration and production rose 15% to EUR5.57 billion, while sales at the gas and power businesses climbed 13% to EUR13.54 billion.
Eni said its oil-and-gas production increased 1.9% in the quarter, as Brent crude oil--the international benchmark--averaged $61.39, about 24% up compared with the year-earlier period.
The company said it will pay a dividend of EUR0.80 a share, unchanged from 2016.
Eni will release its 2018-2021 targets in March, it said. The Italian multinational said it expects 2018 capital expenditure to stand at about EUR8 billion.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
February 16, 2018 02:43 ET (07:43 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Eni Chart |
1 Month Eni Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions