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Eni (E) says it plans to increase its 2012 dividend by ~4% despite a similar-sized drop in its...

Eni (E) says it plans to increase its 2012 dividend by ~4% despite a similar-sized drop in its Q4 profit, weighed by higher taxes and weaker natural gas sales. "The company will achieve industry-leading upstream growth rates," in 2013, Eni says, with production rising thanks to the start-up of big projects such as the Kashagan oil field in Kazakhstan and the Angola liquefied natural gas project.
Comments (2)
  • Hhmiles
    , contributor
    Comments (621) | Send Message
     
    A bet on the recovery of Europe begins with companies like E, STO, and TOT.
    16 Feb 2013, 06:41 AM Reply Like
  • Veritas1010
    , contributor
    Comments (1312) | Send Message
     
    Well spoken Hhmiles. Long on all the above.
    18 Feb 2013, 10:49 AM Reply Like
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