Eni stock: After results, Eni stock gains 5.20 percent

Published on 10/23/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eni sets EUR 0.46 special dividend on October 23, 2026. Eni stock costs EUR 27.49 on October 23, 2026, up 5.20 percent versus the Xetra close.

Special dividend and price move

Eni resolved on October 23, 2026 to pay an extraordinary EUR 0.46 dividend per share.
Third-quarter adjusted EBIT reached EUR 6.00 billion, double the year-earlier figure.
Eni stock costs EUR 27.49 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST, 5.20 percent above the Xetra close of October 22, 2026.

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Eni (ISIN IT0003132476) reported third-quarter adjusted EBIT of EUR 6.00 billion on October 23, 2026, double the year-earlier figure, while adjusted net profit reached EUR 2.80 billion. The company also resolved to pay an extraordinary EUR 0.46 dividend per share and raise its 2026 buyback program to EUR 3.80 billion, according to Eni. Eni stock was trading at EUR 27.49 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST, up 5.20 percent versus the Xetra close of October 22, 2026 at EUR 26.13.

Cash returns reach EUR 3.80 billion

The payout decision is the clearest shareholder feature of the results. The special dividend totals EUR 1.30 billion and is due in December, while the buyback rises 12 percent from the previously guided EUR 3.40 billion. Reuters reported that adjusted net profit of EUR 2.80 billion exceeded the company-compiled consensus of EUR 2.50 billion.

Production rises 7 percent

Operating momentum was visible in upstream volumes. Underlying production rose 7 percent year over year to 1.83 million barrels of oil equivalent per day in the third quarter of 2026. Eni also reported pro forma adjusted EBIT of EUR 4.63 billion in exploration and production, up 76 percent from the third quarter of 2025.

The broader portfolio added further support. Enilive posted pro forma adjusted EBIT of EUR 0.41 billion, up 80 percent year over year, while Plenitude reached EUR 0.19 billion, up 95 percent. The company raised its full-year adjusted cash-flow guidance to EUR 16.50 billion and lowered pro forma gearing to 9 percent, according to the October 23, 2026 release from Eni.

What does the EUR 28.00 target imply?

JPMorgan kept its Overweight rating and a EUR 28.00 price target after the results on October 23, 2026, according to Aktiencheck. The target lies 1.86 percent above the Lang & Schwarz price. The next distribution dates are December 7, 2026, when the share goes ex-dividend, and December 9, 2026, when the extraordinary dividend is due for payment.

Stock trades above October 22 close

At EUR 27.49, the stock is 5.20 percent above the Xetra close of EUR 26.13 from October 22, 2026. The move places the market reaction beside a stronger earnings profile, higher cash-flow guidance and increased shareholder distributions.

The primary listing is on Borsa Italiana in EUR under ticker ENI. Eni's integrated oil and gas business reported third-quarter revenue of EUR 26.04 billion and operating profit of EUR 1.86 billion in the standardized quarterly figures for the period ended September 30, 2026.

Eni stock was trading at EUR 27.49 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST, 5.20 percent above the Xetra close of October 22, 2026 at EUR 26.13. The further course of trading is shown by the continuously updated real-time quote of Eni stock.