Earnings Call Summary | Eni SpA(E.US) Q1 2024 Earnings Conference
Earnings Call Summary | Eni SpA(E.US) Q1 2024 Earnings Conference
The following is a summary of the Eni S.p.A. (E) Q1 2024 Earnings Call Transcript:
以下是埃尼股份公司（E）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Eni reported Q1 2024 pro forma EBIT of €4.1 billion and cash flow from operations of €3.9 billion.
Upstream segment production grew by 5%.
Despite significant investments such as the Neptune acquisition and the 2023 share buyback program, balanced gearing remains within company targets.
Eni raised its 2024 buyback by 45% to €1.6 billion, showing a commitment to share its financial success with investors.
The tax rate for the group for 2024 is expected to be a bit below 50%.
Eni reported a step-up in buybacks due to better-than-expected cashflow, mainly from strong oil prices and resilient gas performance.
An asset disposal plan worth €8 billion over four years is in place, highlighting Eni's financial capabilities.
In Q1 2024, Eni reported strong performance due to contributions from its wholesale business and improved results from non-oil activities.
埃尼報告稱，2024年第一季度預計息稅前利潤爲41億歐元，運營現金流爲39億歐元。
上游細分市場的產量增長了5％。
儘管進行了大量投資，例如收購海王星和2023年股票回購計劃，但平衡資產負債仍在公司目標範圍內。
埃尼將其2024年的回購額提高了45％，至16億歐元，這表明了與投資者分享其財務成功的承諾。
該集團2024年的稅率預計將略低於50％。
埃尼報告稱，由於現金流好於預期，回購有所增加，這主要來自強勁的油價和彈性的天然氣表現。
一項在四年內價值80億歐元的資產處置計劃已經制定，這凸顯了埃尼的財務能力。
2024年第一季度，埃尼公佈了強勁的業績，這要歸因於其批發業務的貢獻以及非石油活動業績的改善。
Business Progress:
業務進展：
Eni completed the purchase of Neptune in January 2024, reporting significant value addition with promising upside in Indonesia and UK optionality.
A €600 million equity investment by Energy Infrastructure Partners into Plenitude strengthens Eni's focus on sustainable energy.
Eni highlighted the Calao discovery off the Ivory Coast, with potential resources between 1 billion to 1.5 billion oil equivalents.
Eni began constructing its HPC6 supercomputer to enhance technical capabilities.
An agreement to combine UK E&P activities with Ithaca Energy takes another significant step in positioning Eni within the UK energy industry.
Eni continues to implement its 'satellite' strategy, aiming to grow and diversify its portfolio.
A 17% increase in LNG growth was seen in China, and robust industrial demand recovery was reported.
Eni plans to continue operations in Egypt, albeit at a slower pace, and intends to launch a supercomputer to enhance geological and reservoir modeling capabilities.
Strong growth was reported in the Plenitude division in Q1 2024, expected to reach an EBITDA of €1 billion by the end of FY 2024.
Versalis is undergoing a transformation process to increase efficiency and reduce costs, and Eni's CCS strategy includes projects in Italy and the UK with an expected FID in 2025.
New oil field discoveries have been made in Ivory Coast, with further appraisal activity required and Phase 2 of the Baleine project expected to come online by the end of 2024.
埃尼於2024年1月完成了對海王星的收購，報告了可觀的增值，印度尼西亞和英國的選擇性都有可觀的上行空間。
能源基礎設施合作伙伴對Plenitude的6億歐元股權投資加強了埃尼對可持續能源的關注。
埃尼強調了在科特迪瓦附近發現的Calao，其潛在資源在10億至15億石油當量之間。
埃尼開始建造其HPC6超級計算機以增強技術能力。
一項將英國勘探與生產活動與伊薩卡能源公司合併的協議在使埃尼進入英國能源行業方面又邁出了重要一步。
埃尼繼續實施其 “衛星” 戰略，旨在擴大和分散其投資組合。
中國的液化天然氣增長了17％，並報告了強勁的工業需求復甦。
埃尼計劃繼續在埃及開展業務，儘管速度有所放緩，並打算推出一臺超級計算機以增強地質和儲層建模能力。
據報道，Plentude部門在2024年第一季度實現了強勁增長，預計到2024財年末將達到10億歐元的息稅折舊攤銷前利潤。
Versalis正在進行轉型以提高效率和降低成本，埃尼的CCS戰略包括意大利和英國的項目，預計將在2025年進行外國直接投資。
科特迪瓦已經發現了新的油田，需要進一步的評估活動，Baleine項目的第二階段預計將於2024年底上線。
More details: Eni SpA IR
更多詳情： Eni SpA IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。