ENi’s Third Quarter Profit Beats Analyst Estimates

Bloomberg reported that  Italian Oil Company ENi beat analyst estimates with its third quarter profit.

As quoted in the market report:

Eni, planning to increase production about 3 percent a year through 2022, has been working to restore output in Libya after shutting operations during last year’s war. The company reported special charges on operating profit from continuing operations mainly from price revisions in long-term gas purchase contracts.

To view the whole Bloomberg report, click here.