Report
Ahmed Ben Salem

Total : Résultats T3 légèrement supérieurs aux attentes mais cash-flow impacté par une hausse du BFR - Discipline sur les coûts confirmée

>Résultat net 4% supérieur aux attentes - Le RNpg ajusté ressort à 3.958 Md$, +11.4% QoQ/+48% YoY grâce à une très bonne contribution de l’ensemble des divisions et un taux d’impôts stable. Total confirme une nouvelle fois la forte visibilité sur ses résultats trimestriels, un élément différenciant. E&P : résultats 2% supérieurs aux attentes et amélioration de la marge - Le résultat de la division est en hausse de 6.6% QoQ/ 99% YoY à 2.864 Md$ avec un...
Underlying
Total SE

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Ahmed Ben Salem

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