Italy's Eni Reports 25pct Drop in Second-Quarter Profit, Cuts Debt

Eni posts better-than-expected first-half profit

Italian energy giant Eni said Friday that it posted a net adjusted profit of 2.546 billion euros in the first half of 2025. Although this was 18% down in the same period of 2024, it was better than analysts had expected. (ANSA)

Eni Posts 25% Drop in Second-Quarter Profit

Italy’s Eni reported 25% lower profit for the second quarter of the year amid lower oil prices and a 2.6% decline in oil and gas production. The adjusted net result for March to June stood at 1.13 billion euro ($1.33 bln), on earnings before interest and tax of 2.68 billion euro ($3.15 bln). Among the highlights of the quarter, the company listed an oil discovery in Namibia, a gas discovery in Angola, and a new LNG project in Argentina, which is…

Italy's Eni reports 25pct drop in second-quarter profit, cuts debt

MILAN: Italian energy group Eni said on Friday its second-quarter earnings fell 25 per cent year-on-year as lower oil prices and a weaker US dollar overshadowed a better-than-expected performance at its gas business. © New Straits Times Press (M) Bhd

ENI's Profit Drops 25% in Q2 2025 Amid Lower Oil Prices and Currency Headwinds

Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. This drop comes despite the company outperforming analyst expectations and making strides in strategic expansions, highlighting the challenges posed by volatile commodity markets and currency fluctuations. Breaking Down the Q2 2025 Earnings Re…

Eni Q2 2025 Profits Drop 25% Amid Lower Oil Prices

Italy’s energy giant Eni reported a 25% decline in its second-quarter profit for 2025, as lower oil prices and reduced hydrocarbon production dragged earnings.   Despite these setbacks, the company maintained a strong outlook for the year, banking on a flexible business model, disciplined capital management, and new global projects to drive long-term growth.  The adjusted net profit for the three months ending in June stood at €1.13 billion ($1.…