French oil major TotalEnergies reported a 14.6% Q2 earnings increase to $4.7B, driven by higher oil prices.
French oil major TotalEnergies reported a 14.6% Q2 earnings increase to $4.7B, up from $4.1B in 2021, attributed to higher oil prices boosting crude sales. However, earnings missed analyst expectations of $4.96B. TotalEnergies reported adjusted net income of $5.1B for Q1 2022. The company is advancing its balanced transition strategy, focusing on upstream projects, integrated power, LNG, and downstream activities.
July 25, 2024
5 Articles