Recent Updates — TTFNF

TotalEnergies reported 2Q26 sales of $61.77 billion and net income of $5.44 billion. The company announced a second interim dividend of €0.90 per share for fiscal year 2026, a 5.9% increase over 2025. Key operational developments include a Final Investment Decision for the Umm Shaif Gas Cap development in the UAE, the divestment of distributed solar assets in Europe, and the sale of an 8.5% interest in the Marjoram gas field in Malaysia for $350 million. Additionally, the company issued 5,548,563 new shares on June 26, 2026, through a capital increase reserved for employees at €62 per share. The company operates in the energy industry, focusing on oil, gas, and renewable energy production and distribution.