Eni Boosts Dividend To Pre-COVID Level After Strong Q2 Earnings    ...Middle East

OILPRICE - Economy
Eni Boosts Dividend To Pre-COVID Level After Strong Q2 Earnings   
source : OILPRICE ( Middle East ) () 13
Italy’s energy giant Eni (NYSE: E) is raising its dividend to the pre-COVID levels after reporting on Friday an adjusted net profit for the second quarter that was back to pre-pandemic figures. Eni reported US$1.1 billion (929 million euro) in adjusted net profit for the second quarter, compared to a loss of US$849 million (714 million euro) for the same period of 2020.   Cash flow from operations more than doubled to US$3.3 billion (2.8 billion euro) for Q2 2021 from the year-ago period. Chief executive officer Claudio Descalzi…

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