Eni: Descalzi – ‘Excellent quarterly results and a solid company; we share this view with our shareholders’
(Il Sole 24 Ore Radiocor) - “Our determination in executing our strategy has enabled us to achieve excellent results in the second quarter of 2026, underpinned by our diversified portfolio of activities, which offers us a wide range of strategic options and prospects for profitable growth across the various businesses in our energy mix. These results stem from effective industrial and financial management and are growing at a significantly faster rate than the benchmark commodity price scenario.” Eni’s Chief Executive, Claudio Descalzi, comments on the results for the second quarter and the first half of the year, which, he points out, “demonstrate that, year after year, we are building an increasingly solid company, thanks to the quality of our geographically diversified portfolio based on competitive assets, our distinctive expertise in exploration, our growing exposure to businesses linked to the energy transition, and opportunities for the early realisation of asset value. These factors will support long-term recurring cash generation, which will enable us to continue to provide shareholders with a significant return whilst sharing the benefits arising from more favourable market conditions, whilst maintaining an extremely robust capital structure, as demonstrated by the pro forma debt-to-equity ratio at an all-time low of 10 per cent. Thanks to these results, the share buyback programme is being increased by a further 600 million, bringing the total to 3.4 billion.”
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