First Quarter Financial Performance

TotalEnergies SE has announced a significant downturn in its financial performance for the first quarter of 2025. The company reported a 33% decrease in net income attributable to shareholders, plummeting to $3.85 billion from $5.72 billion in the same period last year.

Adjusted Earnings and EBITDA

Adjusted net income saw an 18% decline, settling at $4.2 billion, while adjusted EBITDA experienced a 9% drop to $10.5 billion. These figures highlight the challenges faced by TotalEnergies in maintaining its financial health amidst evolving market conditions.

Cash Flow and Earnings Per Share

The company also reported a 14% decrease in cash flow from operations excluding working capital, amounting to $6.99 billion. Diluted earnings per share stood at $1.83, marking a 15% fall compared to the first quarter of 2024.

CEO's Remarks

Despite these setbacks, CEO Patrick Pouyanne remains optimistic, stating, "TotalEnergies delivered strong results in the first quarter of 2025 that are in line with the positive results of the fourth quarter of 2024." This statement underscores the company's resilience and strategic focus in navigating through financial headwinds.