The Italian oil and gas conglomerate Eni recorded a decline in net profit for the first quarter of the year, missing analyst expectations, but announced an increase in its share buyback plans. Eni achieved a net profit of 1.21 billion euros, compared with 2.39 billion euros in the same period last year. On an adjusted basis, net profit was 1.58 billion euros, which is below Visible Alpha's consensus analyst expectations of 1.67 billion euros.

Total Revenue Fell Year-On-Year by 15% to 23.17 Billion Euros, with Analysts Having Expected Revenues of 21.97 Billion Euros. These Results Reflect the Almost 50% Reduction in Natural Gas Prices While Brent Crude Oil Prices Remained Almost Unchanged.

Eni's Oil and Natural Gas Production Rose to 1.74 Million Barrels of Oil Equivalent per Day in the Quarter, Compared to 1.66 Million Barrels in the Previous Year. For the Full Year, the Company Confirmed its Production Forecast of 1.69 to 1.71 Million Barrels of Oil Equivalent per Day, Based on a Brent Price of $86 per Barrel.

The provided text is already in German, and here is the English translation:

"In addition, Eni increased its share buyback plans for 2024 to 1.6 billion euros, which represents an increase of 45% compared to the plans originally announced in March. This move reflects the company's efforts to continue creating value for its shareholders despite the challenges posed by volatile commodity prices."