Earnings ·
TotalEnergies reported second quarter 2026 adjusted net income of $6.0 billion ($2.68 per share) and operating cash…
TTETotalEnergies SE
TotalEnergies reported second quarter 2026 adjusted net income of $6.0 billion ($2.68 per share) and operating cash flow of $9.8 billion, driven by high commodity prices and strong downstream margins. The Board approved a second interim dividend of €0.90 per share for fiscal year 2026, representing a 5.9% increase over the prior year. Operational highlights include the start-up of the ECA LNG plant in Mexico, the divestment of its minority interest in Malaysia's Marjoram gas field for $350 million, and the sale of distributed solar assets in Europe. The company maintains a gearing ratio of 13% and authorized continued share buybacks up to $1.5 billion for the third quarter. TotalEnergies SE is an integrated multi-energy company producing oil, natural gas, renewables, and electricity.