Eni (E) reported Q4 earnings Thursday of 0.07 euros ($0.07) per diluted share, up from 0.05 euros per share a year earlier.
Analysts polled by FactSet expected $0.31 euros per share.
Revenue for the quarter ended Dec. 31 was 23.97 billion euros, down from 24.98 billion euros a year earlier.
Analysts surveyed by FactSet expected $24.68 billion euros.