Report
Ahmed Ben Salem

TotalEnergies : Résultats légèrement inférieurs aux attentes – Perspectives et fondamentaux intacts

>Résultats T2 2024, 2.7% inférieurs aux attentes - Le RNpg ajusté s'est établi à 4.7 Md$, 1% inférieur à nos attentes et 2.7% en dessous du consensus et en baisse séquentielle de 8.6% marqué par une bonne performance en E&P, des marges de raffinage faibles et des charges de Holding plus élevées.Un environnement favorable malgré le repli des marges de raffinage - En E&P, le RO net ajusté ressort à 2.67 Md$, 3% supérieur au consensus. La production es...
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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