0939 GMT - Eni reported robust 3Q results this morning, with beats to net profit and EBIT driven by better-than-expected performances by its global gas and refining units, RBC Capital Markets analysts write in a research note. "Overall, Eni continues to deliver on its strategic objectives, and the nudge up in distributions is likely to be welcomed by investors," they say. The Italian energy major increased its buyback by 400 million euros. RBC thinks that is marginally ahead of market expectations, which were around 300 million euros. Shares are up 0.7% at 14.33 euros. (christian.moess@wsj.com)
(END) Dow Jones Newswires
October 25, 2024 05:39 ET (09:39 GMT)
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