Eni raised its 2026 adjusted operating cash flow forecast to 16.5 billion euros. The company also increased its 2026 core oil and gas production growth forecast to between 6% and 7%. These upward revisions reflect the updated financial and operational outlook for the Italian energy firm. Eni manages these assets as it continues to expand its presence across North Africa and international markets. The revised figures replace previous company projections for the 2026 fiscal year.
Strong Third Quarter Financial Performance
Eni reported an adjusted operating profit of approximately 6 billion euros for the third quarter of 2026. During the same three-month period ending on 30 September 2026, the company recorded an adjusted net profit of 2.8 billion euros.
Financial disclosures from the firm indicate that net debt reached 6.7 billion euros by the end of September 2026. This debt position corresponds to an adjusted leverage ratio of 9%. These figures represent the company's financial status as it manages its international operations and updates its production outlook for the current fiscal year.
Shareholder Returns and Production Growth
Eni increased its 2026 share buyback program to 3.8 billion euros. The company also announced an extraordinary dividend of 1.3 billion euros for shareholders in 2026. These capital allocation decisions follow updated financial projections for the current fiscal year.
Operational data shows that Eni's exploration and production output increased by 7% year-on-year in the third quarter of 2026. This growth resulted in a total production of 1.83 million barrels of oil equivalent per day. The firm continues to manage these global production levels while expanding its operations in North Africa and other international markets. These figures reflect the company's performance across its portfolio during the three-month period ending on 30 September 2026.
Expanding Strategic Partnership in Algeria
Eni signed a 30-year contract with Sonatrach to explore and develop the Zemoul El Kébir area. This agreement encompasses a region covering approximately 4,200 square kilometers.
The Italian energy firm also secured rights in the Reggane 2 block. These rights were awarded to Eni during the 2024 Algerian bidding round.
Eni additionally expanded its interest in the Touat field. The company increased its stake in the Touat field license to 42.9%.
