Eni Commences Operations at Junin-5 Oil Field in Venezuela
Eni has officially started operations at the Junin-5 field in the Orinoco Oil Belt, aiming for a production capacity of 200,000 barrels per day by 2028.
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TotalEnergies agreed to acquire Shell’s European onshore renewables business while selling a 50% stake in a renewable portfolio to KKR.
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Eni has officially started operations at the Junin-5 field in the Orinoco Oil Belt, aiming for a production capacity of 200,000 barrels per day by 2028.
Eni CEO Claudio Descalzi has dismissed rumors regarding the potential entry of new investors into the Perla offshore gas field in Venezuela.
Eni has finalized the sale of its Nigerian subsidiary, Agip Energy and Natural Resources Limited (AENR), to Apex Global Energy Limited.
Eni and partner TotalEnergies have officially moved the Cronos gas project offshore Cyprus into the execution phase, with major contracts now awarded.
Invesco is set to report Q3 2026 earnings on Oct. 27 with projected earnings growth of 21.3% y/y and revenue growth of 17.3%. While AUM grew 2.7% sequentially to $2.54 trillion and performance fees are expected to rise significantly, higher compensation costs and $15 million in Alpha implementation expenses pose headwinds. The company has a negative Earnings ESP of -0.19% and Zacks Rank #3, suggesting low probability of beating consensus estimates.
Invesco is expected to report Q3 2026 earnings of $0.74 per share (up 21.3% YoY) and revenues of $1.39 billion (up 17.3% YoY) on October 27. However, recent analyst estimate revisions have turned slightly bearish, with a negative Earnings ESP of -0.19% and a Zacks Rank #3 (Hold), making it difficult to predict an earnings beat despite the company's strong historical track record of beating estimates.