• 09/22/2024

Eni Outlook on Track Despite Profit Slide

Wall Street Journal

Eni said its adjusted operating profit fell to €3.4 billion in the second quarter on sales that dropped 38%, as weaker market prices took their toll, but the company maintained its full-year production and profit targets while trimming its outlook for cashflow.

https://www.wsj.com/articles/eni-2q-profit-plunged-amid-lower-oil-natural-gas-prices-9afb4e8e