Eni’s production went down by 2.6% in Q2 2025 compared to Q2 2024; however, it increased by 1.3% sequentially, confirming the positive outlook for the year.

According to the company’s results, it achieved net profit of $1.13 billion with a group tax rate of 46.6%. The performance is supported by several internal improvement initiatives, including cost savings, increased volumes, and a more favorable product or service mix.

Eni also predicted increase in the cash flow from operations (CFFO) before working capital adjustments to approximately €11.5 billion at the updated scenario.

“Eni’s consistent strategic focus has produced excellent results in Q2 2025. The economic environment remains challenging, but Eni’s business model is strong and flexible. Strict financial discipline, a stronger portfolio, and low breakeven projects support this resilience and ensure a self-funded growth strategy. At the same time, we continue to deliver value for shareholders while keeping the balance sheet stronger than ever,” Eni CEO Claudio Descalzi said.