Totalnergies: 2nd trimester results online,: This article explores the topic in depth.
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Totalnergies: 2nd trimester results online. Moreover, :
Totalnergies presented second quarter in accordance with expectations on Thursday, but the oil group announced that its debt had again increased in sequential rhythm, to the chagrin of investors.
The French energy giant reported this morning with an adjusted net profit of $ 3.6 billion over the period from April to June. Meanwhile, falling 15% compared to the first quarter, once again penalized by the decline in oil prices.
However, this is perfectly online with the consensus of analysts.
In a press release, Total explains that the British barrel displayed an average price of $ 67.9 in the past quarter, compared to $ 75.7 over the first three months of the year, a decline of 10%.
Its turnover appears at $ 49.6 billion, down both in relation to the first quarter ($ 52.2 billion) and the second quarter of 2024 (53.7 billion).
Its hydrocarbon production was totalnergies: 2nd trimester results online, established at 2.45 million barrels equivalent to oil per day, a drop of 2% compared to the previous quarter.
The group confirmed the distribution of a second dividend deposit of 0.85 euros per share for the year 2025, up almost 7.6% compared to 2024, while authorizing share buybacks up to two billion euros for the third quarter.
Analysts say they are concerned about the progress of the group’s net debt, which reached $ 25.9 billion at the end of June, compared to 20.1 billion three months earlier. Its debt ratio rose to 17.9%, to compare with 14.3% at the end of March.
‘Despite results in accordance with expectations. the rise in debt should weigh on the morale of investors today,’ reacts the RBC teams.
‘The net debt continues to climb. driven by an intensive investment program in the first half, two billion dollars in acquisitions and a new increase in working funds’, underlines the totalnergies: 2nd trimester results online, Canadian broker.
‘In order to reassure the market. Totalenergies will have to convince investors that these pressures will fade in the second half, in order to bring credibility to its distribution plan for shareholders’, concludes the broker.
On the stock market, total action lost 1.3% at 9:30 am, among the highest drops of a CAC 40 index up 0.6%.
Totalnergies: 2nd trimester results online,
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