Eni’s Profits Soar On “Excellent” Gas Business ...Middle East

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Eni’s Profits Soar On “Excellent” Gas Business
source : OILPRICE ( Middle East ) () 71
Eni (NYSE: E) reported on Friday third-quarter core earnings and net profit beating analyst expectations amid what the Italian energy group described as an “excellent performance” of its Global Gas & LNG Portfolio. Eni’s adjusted net profit for the third quarter came in at $3.7 billion (3.73 billion euros), more than double compared to the same period of 2021, and above the consensus estimate.   The Global Gas & LNG Portfolio (GGP) “registered an excellent performance in the third quarter of 2022, after breaking…

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