TotalEnergies SE (FR:TTE) has released an update.
TotalEnergies SE reported key financial indicators for Q3 2024, indicating a mixed performance with hydrocarbon production at 2.4 Mboe/d due to new projects and unplanned shutdowns. The company experienced a decrease in liquid prices offset by higher gas prices, with integrated LNG results expected above $1 billion despite lower production. Downstream results are projected to decline significantly due to reduced refining margins in Europe.
For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.
