Update: Eni Q3 Earnings, Sales Rise

04:30 AM EDT, 10/23/2026 (MT Newswires) -- (Updates with production growth outlook in the fifth paragraph, dividend payout details in the seventh paragraph, and latest stock move in the eighth paragraph.) Eni (E) reported Q3 diluted earnings Friday of 1.07 euros ($1.20) per share, up from 0.24 euros a year earlier. One analyst surveyed by FactSet expected 0.82 euros. Sales from operations for the quarter ended Sept. 30 were 28.07 billion euros, up from 20.20 billion euros a year earlier. Three analysts expected 34.07 billion euros. For 2026, the company has increased its underlying oil and gas production growth projection to a range of 6% to 7%, up from its previous outlook of roughly 5%. Eni also said it increased its buyback program by a further 12% to 3.8 billion euros. Eni added that it has decided to distribute an extraordinary dividend of 0.46 euros, to be paid on Dec. 9. Shares of the company were up 2% in recent premarket trading.