TotalEnergies reports 51% gain in Q3 adjusted earnings to $9.1B

Grafa
13:22

Full story: https://grafa.com/en/news/united-states/totalenergies-q3-2026-adjusted-net-income-rises-51-percent

Key points

  • TotalEnergies (NYSE:TTE) reported third-quarter 2026 adjusted net income of $9.1 billion, up 51% from the previous quarter, supported by higher gas prices and refining margins.

  • Revenue reached $61.86 billion, exceeding the $56.86 billion analyst consensus, while adjusted EBITDA rose 35% sequentially to $17.81 billion.

  • Refining & Chemicals reported $3.6 billion in net income, while Integrated LNG income reached $1.9 billion; oil and gas production increased 3% from the previous quarter.

TotalEnergies (NYSE:TTE) reported third-quarter 2026 adjusted net income of $9.1 billion, up 51% from the previous quarter as higher gas prices and refining margins supported earnings.

Revenue reached $61.86 billion, beating the $56.86 billion analyst estimate, while adjusted net income increased from $3.98 billion in the third quarter of 2025.

Refining & Chemicals generated $3.6 billion in net income, supported by a European refining margin marker of $33.20 per barrel, compared with $13.50 in the previous quarter.

Adjusted EBITDA rose 35% sequentially to $17.81 billion, while operating cash flow excluding working capital increased 25% to $12.26 billion.

Integrated LNG income reached $1.9 billion as average gas prices increased 20%, while oil and gas production rose 3% sequentially to 2.47 million barrels of oil equivalent per day.

TotalEnergies reported net income attributable to shareholders of $8.26 billion, compared with $3.68 billion a year earlier, while adjusted fully diluted earnings per share reached $4.03.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment