Eni (E) reported Q4 earnings Thursday of 0.01 euro ($0.01) per diluted share, down from 0.06 euro a year earlier.
Sales from operations for the quarter ended Dec. 31 were 20.62 billion euros, down from 23.49 billion euros a year earlier.
Four analysts surveyed by FactSet expected 18.63 billion euros.
For 2026, the Italian oil and gas major said it expects gross capital expenditures of 7 billion euros and net capital expenditures of 5 billion euros.
Shares of the company were up 1.1% in recent premarket activity.
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