E
Eni S.p.A.36.50
-1.03-2.74%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
CapEx efficiency, JV boost detailed
Q&A detailed Eni's 2026 gross CapEx cut to €7B and net to €5B through exploration efficiencies tying discoveries to existing infrastructure, preserving growth. Petronas JV, closing Q2, kicks off at 300k bpd toward 500k via near-term FIDs. Management dismissed Kazakhstan media noise, defending arbitration claims due post-2027, while touting Venezuela upsides from crude payments, Orinoco growth, and gas exports. Versalis notched H2 gains from early cracker closures but eyed 2027 breakeven amid weak chemicals. Upstream tax seen at 45-50% on $62 Brent. Execution stays peer-leading. Watch March CMD for distribution hikes.
Key Stats
Market Cap
54.72BP/E (TTM)
19.01Basic EPS (TTM)
1.92Dividend Yield
0.01%BP
BP p.l.c.
33.76-1.49
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0.53+0.00
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YPF
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34.14-0.97