Eni SpA

ENI: XMIL (ITA)
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Eni Earnings: Implementing Mitigating Actions to Support Distribution Targets

Eni reported first-quarter results ahead of expectations. Following the decline in oil prices, management revised its 2025 gross capital-expenditure target, from EUR 9 billion to below EUR 8.5 billion, and planned mitigating actions to offset around EUR 2 billion in adverse impacts on its cash flow.

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