Business

TotalEnergies Q2 Earnings Dip to $2.7 Billion Amid Oil Price Volatility

TotalEnergies Reports Second Quarter Financial Results

TotalEnergies SE disclosed its second-quarter fiscal 2025 financial outcomes, revealing a net income of $2.7 billion, marking a 29% decrease compared to the previous year.

Adjusted Figures Show Similar Trends

The company also reported a 23% decline in adjusted net income to $3.6 billion, with adjusted fully-diluted earnings per share falling by 20% to $1.57 year over year.

CEO Comments on Financial Performance

"TotalEnergies delivered robust financial results in the second quarter: cash flow only decreased by 5% to $6.6 billion despite a 10% decrease in oil price, notably thanks to accretive hydrocarbon production growth. The Company posted adjusted net income of $3.6 billion for the quarter, resulting in first half adjusted net income of $7.8 billion," CEO Patrick Pouyanne stated.