Total Energies : Q2 results 5% above forecasts, confident, the group resumes its share buybacks
>Q2 2021 earnings 5% above forecasts - Adjusted attributable net profit was $ 3.46bn, 5% above forecasts (ODDO BHF $ 3.2bn/consensus at $ 3.3bn) marked by a sequential 13% increase in the price of Brent and +28% for the price of natural gas, combined with a good performance in petrochemicals and M&S. E&P and iGRP in line with declining production levels - In E&P, net profit was $ 2,213m in line with forecasts. The group managed to capture the increase...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.