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Story summary
- Eni plans to raise its distribution range over the next five years.
- Eni will pay an extraordinary dividend if energy prices exceed forecasts.
- Eni will distribute 100% of additional cash flow if Brent crude exceeds $90 per barrel.
- Eni's Chief Executive said disruptions in the Strait of Hormuz have not significantly impacted operations.
- By 2030, Eni aims to lift distribution payments to 35-45% of cash flow from operations.
