Eni Lags the Field

Compared with the international integrated companies, Eni's second quarter results appear relatively modest, with a gain of 'just' 21.2% for net income, in spite of rising oil and gas production. The Italian group this morning unveiled 2Q post-tax profits of EUR2.3bn, making EUR5.28bn for the half year. Adjusting for special items, the increase for the quarter was a slightly better 22.7%, to

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