Total : Q4 results in line, strategy confirmed, focus on execution with the best growth and ROACE in the sector
>Net profit 2% higher than forecast - Adjusted net attributable profit came to $Â 3.16bn, -20.1% q-o-q/+10.2% y-o-y and 2% higher than forecast, marked by a fall in upstream earnings, mainly with the exposure to Canada where oil prices fell strongly as well as lower-than-expected M&S while R&C was very resilient despite the fall in refining margins. E&P: best growth in the sector and increased visibility out to 2025 - Production rose 8% in 2018 and the...Total is an international integrated oil and gas company also active in solar and biomass energy sources. Co. engages all aspects of the petroleum industry, including Upstream operations (oil and gas exploration, development and production, and LNG (Liquefied Natural Gas)) and Downstream operations (refining, petrochemicals, specialty chemicals, marketing and marketing and trading and shipping of crude oil and petroleum products). In addition, Co. is engaged in the coal mining and power generation sectors. Co.'s worldwide operations are conducted through three business segments: Upstream, Refining & Chemicals, and Marketing & Services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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