Eni (E) reported Q1 net profit Friday of 0.34 euros ($0.40) per diluted share, down from 0.36 euros a year earlier.
Analysts polled by FactSet expected 0.50 euros.
Sales from operations for the quarter ended March 31 were 22.96 billion euros, up from 22.57 billion euros a year earlier.
Analysts surveyed by FactSet expected 22.84 billion euros.
BofA Global Research expects Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, to report robust first-quarter 2026 results, potentially logging its highest profits since the third quarter of 2023."We forecast Aramco's 1Q26 net income (including minority interests) at US$29.7bn, up 19% q/q. The increase is supported by: 1) strong Brent pricing atUS$78/bbl in 1Q26, up 24% q/q offsetting lower crude volumes q/q, which are down 7%, 2) robust downstream with refining margins up 10-20% q/q(based on IOC peers) and the chemical basket price up 10% q/q," analysts wrote Thursday.In terms of revenue, the state-owned oil and gas giant is projected to see a 2% quarterly increase to $113.1 billion. The research firm also noted that Aramco is well placed to ramp up its production once the conflict in the Middle East is resolved.As such, the 2026 and 2027 EPS forecasts were nudged up to 2.07 Saudi riyals and 2.11 riyals, respectively, from 2.06 riyals and 2.10 riyals.The buy rating on the stock was reaffirmed, with a price objective of 34.50 riyals.
EQT (EQT) has an average rating of overweight and mean price target of $70.76, according to analysts polled by FactSet.