0938 GMT - Italian energy major Eni had a strong end to the year as net income beat consensus expectations by 25%, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. Quarterly production is also well ahead of market expectations, they add. While guidance is limited due to its upcoming capital markets day, Eni's capital spending outlook does look lower than anticipated, they say. This reflects the closure of an Indonesian joint venture by the middle of the year. Additionally, production looks set to continue growing, they add. Shares trade up 1.1% to 19.09 euros. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
February 26, 2026 04:38 ET (09:38 GMT)
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