Use Ask Statista Research Service, adjusted net income (TotalEnergies share)*. (15) TotalEnergies reports Scope 3 GHG emissions, category 11, which correspond to indirect GHG emissions related to the use by customers of energy products, i.e., combustion of the products to obtain energy. TotalEnergies SE: Second Quarter and First Half 2023 Results 5.1 Adjusted net operating income from business segments. TotalEnergies: Fourth Quarter and Full-year 2022 Results - Yahoo Finance Net sales break down by activity as follows: - refining and chemistry (43.3%): refining of petroleum products (operated, at the end of 2022, 16 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) 2.6 times higher over one year to $2,360 million in the second quarter 2022, thanks to the increase in LNG prices, the performance of gas, LNG and electricity trading activities, and the increasing contribution of the Renewables & Electricity activities. Hydrocarbon production was 2,843 thousand barrels of oil equivalent per day (kboe/d) in the first quarter 2022, down 1% year-on-year, comprised of: 4.1 Integrated Gas, Renewables & Power (iGRP), 4.1.1 Production and sales of Liquefied Natural Gas (LNG) and electricity. TotalEnergies' FY22 Adjusted Net Income Doubles as Revenue Jumps 43% Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Sales by TotalEnergies from equity production and third party purchases. (3) Solar, wind, biogas, hydroelectric and combined-cycle gas turbine (CCGT) plants. and of specialty chemistry (rubber, resins, adhesives, etc. TotalEnergies records a $4.1 billion impairment for Russia and reports IFRS net income of $4.9 billion. -2% portfolio effect, mainly related to the end of the operating licenses for Qatargas 1 and Bongkot North in Thailand, partially offset by the entry into the Sepia and Atapu fields in Brazil. Given the evolution of oil and gas prices in recent months and the lag effect on price formulas, TotalEnergies anticipates that its average LNG selling price should remain at a high level above $14/Mbtu in the second quarter of 2022. (unaudited) CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME TotalEnergies (M$) . * At replacement cost (excluding after-tax inventory effect). TotalEnergies income hits $6.6 billion despite Russia loss TotalEnergies SE is one of the leading worldwide oil groups. They may prove to be inaccurate in the future, and may evolve or be modified with a significant difference between the actual results and those initially estimated, due to the uncertainties notably related to the economic, financial, competitive and regulatory environment, or due to the occurrence of risk factors, such as, notably, the price fluctuations in crude oil and natural gas, the evolution of the demand and price of petroleum products, the changes in production results and reserves estimates, the ability to achieve cost reductions and operating efficiencies without unduly disrupting business operations, changes in laws and regulations including those related to the environment and climate, currency fluctuations, as well as economic and political developments, changes in market conditions, loss of market share and changes in consumer preferences, or pandemics such as the COVID-19 pandemic. The company said it expected net investments of $16-18 billion in 2023, including $5 billion for low-carbon energy. TotalEnergies adjusted EBITDA of the Renewables and Electricity business was $175 million in the first quarter 2022, down 49% year-on-year due to the seasonality of electricity supply activities in the context of power prices volatility and the mechanism for setting the regulated electricity sales tariff in France. TotalEnergies SE is one of the leading worldwide oil groups. (7) Effective tax rate = (tax on adjusted net operating income) / (adjusted net operating income income from equity affiliates dividends received from investments impairment of goodwill + tax on adjusted net operating income). (2) Excluding leases. Cautionary Note to U.S. Investors The SEC permits oil and gas companies, in their filings with the SEC, to separately disclose proved, probable and possible reserves that a company has determined in accordance with SEC rules. The iGRP (integrated Gas, Renewables & Power) segment posted adjusted net operating income of $2.6 billion and cash flow of $2.4 billion in the second quarter of 2022, confirming the levels reached in previous quarters. TotalEnergies SE: Third Quarter 2022 Results | Business Wire These forward-looking statements may generally be identified by the use of the future or conditional tense or forward-looking words such as envisions, intends, anticipates, believes, considers, plans, expects, thinks, targets, aims or similar terminology. Find TotalEnergies Salaries by Job Title. TotalEnergies SE Net Income 2010-2023 | TTE, TotalEnergies SE net income for the quarter ending June 30, 2023 was, TotalEnergies SE net income for the twelve months ending June 30, 2023 was, TotalEnergies SE annual net income for 2022 was, TotalEnergies SE annual net income for 2021 was, TotalEnergies SE annual net income for 2020 was. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate and independent legal entities. (2) Including initial margins held as part of the Company's activities on organized markets. and of specialty chemistry (rubber, resins, adhesives, etc. In, TotalEnergies. (2) Excluding leases. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Historical data have been restated to cancel the impact of fair valuation of iGRP sectors contracts. including adjusted income from equity affiliates. PDF CONSOLIDATED STATEMENT OF INCOME - TotalEnergies Euro amounts presented for the fully adjusted-diluted earnings per share represent dollar amounts converted at the average euro-dollar (-$) exchange rate for the applicable period and are not the result of financial statements prepared in euros. ). * Company production = E&P production + iGRP production. (13) DACF = debt adjusted cash flow, is defined as operating cash flow before working capital changes and financial charges Share buybacks amounted to $3 billion in the first half of the year. Polymer production increased 9% year-on-year in the first quarter 2022, thanks in particular to the commissioning of a new polypropylene line in the second quarter 2021 on the integrated refining and petrochemical platform in Daesan, South Korea. That compared with adjusted net income of. Consolidated net income 5,903 4,752 903 TotalEnergies share 5,837 4,645 891 Non-controlling interests 66 107 12 Earnings per share ($) 2.19 1.72 0.31 Fully-diluted earnings per share ($) 2.17 1.71 0.31 (a) Except for per share amounts. Total confirmed some $2 billion in share buybacks for the third quarter as expected. Taking into account notably the impact of new sanctions prohibiting the export of LNG technologies benefiting a Russian company on the execution ability of the Arctic LNG 2 project, TotalEnergies took an impairment of $4.1 billion in its accounts as of March 31. Net income for TotalEnergies SE, the parent company, was 3,702 million in the first half 2022, compared to 4,568 million in the first quarter 2021. in the prior year quarter, primarily due to decreased crude oil and . TotalEnergies recorded in its accounts a new $3.5 billion impairment charge related mainly to the potential impact of international sanctions on the value of its Novatek stake. 5.2 Adjusted net income (TotalEnergies share) TotalEnergies adjusted net income was $6,541 million in the first quarter 2023 versus $8,977 million in the first quarter of 2022, mainly due to lower oil and gas prices. Nous, Yahoo, faisons partie de la famille de marques Yahoo. $10,500 million in the second quarter 2022, compared to $4,032 million a year earlier, due to higher oil and gas prices, refining margins and the good performance of trading activities. TotalEnergies Reports Lower H1 Net Income, Sales -July 27, 2023 at 03:26 am| MarketScreener TotalEnergies Reports Lower H1 Net Income, Sales July 27, 2023 at 03:26 am This article is reserved for members Already a member? TotalEnergies' effective tax rate was 38.7% in the first quarter 2022, compared to 34.6% in the first quarter 2021 due to the increase in the contribution of Exploration & Production to the Company's results. It is adjacent to the license where the Northern Lights CO(2) storage project (TotalEnergies, 33%) is under . The industry leader for online information for tax, accounting and finance professionals. With regards to profitability, TotalEnergies' operating income came in at EUR 5.6 billion, down 47% YoY, with E&P including LNG accounting for close to two thirds of the profits; The group's net . Downstream benefited from exceptionally high refining margins on distillates and gasoline to report adjusted net operating income of $3.2 billion, up sharply over the quarter, and cash flow of $3.5 billion. French oil major TotalEnergies posted a record net profit of $36.2 billion in 2022, double the previous year, joining in the sector's bumper earnings thanks to higher oil and gas prices since Russia invaded Ukraine. ** In a 60 $/b Brent environment. For TotalEnergies, in 2021 and 2022, the calculation of Scope 3 GHG emissions for the oil value chain considers oil products and biofuels sales (higher than production) and for the gas value chain, gas sales either as LNG or as part of direct sales to B2B/B2C customers (higher than or equivalent to marketable gas production). Share. TotalEnergies SE: Second Quarter and First Half 2022 Results TotalEnergies SE is one of the leading worldwide oil groups. Investments in Renewables & Electricity amounted to $0.9 billion, in line with the annual target of $3.5 billion. The evolution of Scope 1+2 emissions from the operated facilities is the result of the high-capacity utilization of CCGTs and refineries in Europe, TotalEnergies responding by increasing energy output, thus contributing to energy security. TotalEnergies: First Quarter 2023 Results - MarketWatch TotalEnergies SE is one of the leading worldwide oil groups. TotalEnergies' Net Income Surges 48% YoY to $4.9 Billion in Q1 2022 Apr 29, 2022 Gourav Mishra Finance and M&A, Other French oil and gas company TotalEnergies reported a first-quarter net income of $4.9 billion, a 48% year-over-year (YoY) increase compared to $3.3 billion in Q1 of 2021. Available: https://www.statista.com/statistics/279496/net-income-of-total-sa/, Net income/loss of TotalEnergies from 2010 to 2022, Immediate access to statistics, forecasts & reports, Leading oil and gas companies worldwide brand value 2023, Big Oil's reserves to production ratio by company 2015-2020, Selected global oil companies by daily production 2022, Chevron Corporation's net profit/loss 2008-2022, Eni S.p.A.'s employment figures 2008-2022, TotalEnergies' employment figures 2010-2022, BP's daily oil production by region 2015-2022, Chevron's net crude oil and natural gas liquids production 2015-2022, Eni S.p.A.'s oil & gas production 2010-2022, ExxonMobil's net liquids production 2014-2022, Shell's oil and gas liquids production 2015-2022, TotalEnergies' liquids production 2010-2022, BP's natural gas reserves and production 2011-2022, Natural gas production of Chevron by region 2010-2022, ExxonMobil's natural gas production 2014-2022, Siemens Gamesa's global net income FY 2014-2020, Suncor Energy's net profit/loss 2011-2022, ConocoPhillips Skandinavia's net income 2014-2016, Largest global utility companies by net income 2022, Rosneft's net income attributable to shareholders 2010-2022, Net income of Odebrecht Oil & Gas 2013-2016, Fuji Media Holdings' net income FY 2016-2022, Titan Company's net income from operations FY 2015-2022, Global net income of Moncler Group 2012-2021, Net income/loss of TotalEnergies from 2010 to 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. (6) Adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) corresponds to the adjusted earnings before depreciation, depletion and impairment of tangible and intangible assets and mineral interests, income tax expense and cost of net debt, i.e., all operating income and contribution of equity affiliates to net income. INFORMATION BY BUSINESS SEGMENT Gross power generation capacity under development increased mainly due to award of concessions to develop offshore wind farms, including 3 GW on the east coast of the United States, off New York and New Jersey, and 2 GW in Scotland. favorable environment, particularly in the LNG and electricity sectors, with adjusted net income of $6.8 billion and cash flow (DACF) of $9.8 billion. The industry leader for online information for tax, accounting and finance professionals. The first quarter 2021 included a capital gain on the partial sale of a portfolio of projects. In this context, the Company announced a fuel price reduction program benefitting its French customers. Summary TotalEnergies reported a second-quarter adjusted net income of $1.99 per share, down from $3.75 last year due to declining commodity prices.Cash from operations increased significantly in . SEC.gov cash flow from TotalEnergies launched with its partners the Cameron LNG expansion project that will contribute to Europe's security of supply. U.S. investors are urged to consider closely the disclosure in the Form 20-F of TotalEnergies SE, File N 1-10888, available from us at 2, place Jean Millier Arche Nord Coupole/Regnault - 92078 Paris-La Dfense Cedex, France, or at our website totalenergies.com. Please create an employee account to be able to mark statistics as favorites. Production in the first quarter 2021 was negatively impacted by the temporary shutdown of facilities in the United States due to Storm Uri in Texas. TotalEnergies reported adjusted net income of $4.8 billion, up 38% compared to the second quarter 2021, fully benefiting from its multi-energy model, and, particularly this quarter, from its position as a world leader in LNG. "Net income/loss of TotalEnergies from 2010 to 2022 (in billion U.S. The company's operations are divided into four main segments: Exploration & Production; Integrated Gas, Renewables & Power, which spearheads TotalEnergies' ambitions in low-carbon businesses by expanding in downstream gas and renewable energies as well as in energy efficiency businesses; Refining and Chemicals, which includes all of its bioenergies activities and a new Biofuels division and Marketing & Services, which deals with the supply and sale of petroleum products. Gas (including condensates and associated NGL) (kboe/d). SEC.gov | HOME ). Net sales break down by activity as follows: - refining and chemistry (43.3%): refining of petroleum products (operated, at the end of 2022, 16 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) -2% due to security-related production cuts in Libya and Nigeria. These forward-looking statements may generally be identified by the use of the future or conditional tense or forward-looking words such as envisions, intends, anticipates, believes, considers, plans, expects, thinks, targets, aims or similar terminology. 1 . Find out the revenue, expenses and profit or loss over the last fiscal year. (3) Some of the transactions mentioned in the highlights remain subject to the agreement of the authorities or to the fulfilment of conditions precedent under the terms of the agreements. They allow investors to track the measures used internally to manage and measure the performance of TotalEnergies. Additionally, certain financial information is based on estimates particularly in the assessment of the recoverable value of assets and potential impairments of assets relating thereto. (4) Adjusted results are defined as income using replacement cost, adjusted for special items, excluding the impact of changes for fair value; adjustment items are on page 17. 10.1 Companys production (Exploration & Production + iGRP), 10.2 Downstream (Refining & Chemicals and Marketing & Services). The Company generated cash flow (DACF) of $8.4 billion, up nearly 25% compared to the previous quarter, and adjusted . The terms TotalEnergies, TotalEnergies company and Company in this document are used to designate TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE. ** Excluding financial charges, except those related to lease contracts, excluding the impact of contracts recognized at fair value for the sector and including capital gains on the sale of renewable projects. In addition to IFRS measures, certain alternative performance indicators are presented, such as performance indicators excluding the adjustment items described below (adjusted operating income, adjusted net operating income, adjusted net income), return on equity (ROE), return on average capital employed (ROACE), gearing ratio, operating cash flow before working capital changes, the shareholder rate of return. This document may also contain statements regarding the perspectives, objectives, areas of improvement and goals of TotalEnergies, including with respect to climate change and carbon neutrality (net zero emissions). TotalEnergies generated $8.5 billion in cash flow in the second quarter and $18 billion in the first half of 2023. TotalEnergies - statistics & facts | Statista statistic alerts) please log in with your personal account. Award of leases to develop offshore wind farms for 3 GW on the east coast of the United States, off New York and New Jersey, and 2 GW in Scotland with Green Investment Group (GIG) and RIDG, Partnership with KGHM in Poland to participate in the Polish government tender for the development of offshore wind projects, Acquisition of SunPower's industrial and commercial solar business in the United States, Creation of a joint venture with Eneos to develop onsite B2B solar distributed generation across Asia, with a target capacity of 2 GW in the next 5 years, Core Solar: acquisition of a 4 GW pipeline of projects in the United States, Launch of the start-up acceleration program dedicated to the electricity business, Expansion of the strategic alliance with Sempra to develop the Vista Pacifico LNG project in Mexico and to co-develop several onshore and offshore renewable projects in North America, Signature of Heads of Agreement with Sempra, Mitsui, Mitsubishi and NYK for the launch of the Cameron LNG expansion project with a maximum production capacity of 6.75 Mtpa and a 5% increase of the current 13.5 Mtpa capacity, Withdrawal from the North Platte deep-water project in the Gulf of Mexico, Significant new oil and associated gas discovery at the Krabdagu-1 well located on Block 58 in Suriname, Significant discovery of light oil and associated gas on the Venus prospect located on Block 2913B in Namibia, Start of sustainable aviation fuel production at the Normandy platform, in France, Collaboration with Eneos to jointly conduct a feasibility study of a sustainable aviation fuel production unit with 300 kt/y capacity at their Negishi refinery in Japan, Circular economy: signature of an agreement with Honeywell to promote the development of advanced plastic recycling in Europe, Start-up of the "3D" carbon capture industrial pilot at the ArcelorMittal site in Dunkirk. Excluding Russia, adjusted net income was $9.1 billion. Financial information by business segment is reported in accordance with the internal reporting system and shows internal segment information that is used to manage and measure the performance of TotalEnergies. TotalEnergies' effective tax rate was 39.4% in the second quarter 2022, compared to 38.7% in the first quarter and 34.3% a year earlier due to the increase in the Exploration & Production tax rate in line with the increase in hydrocarbon prices. to incorporate the statistic into your presentation at any time. ______________________ (2) End of period data. Consolidated net income 3,441 6,748 5,903 TotalEnergies share 3,264 6,626 5,837 Non-controlling interests 177 122 66 Earnings per share ($) 1.27 2.58 2.19 Fully-diluted earnings per share ($) 1.26 2.56 2.17 (a) Except for per share amounts. (2) Including initial margins held as part of the Company's activities on organized markets. The logo of French oil and gas company TotalEnergies is seen at the company's headquarter skyscraper in La Defense near Paris, France, October 12, 2022. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Net income (TotalEnergies share) of 4.6 B$ in 3Q21 Net-debt-to-capital ratio(2) of 17.7% at September 30, 2021 vs. 18.5% at June 30, 2021 Third interim dividend set at 0.66 /share. ** Based on olefins production from steam crackers and their treatment capacity at the start of the year. Cash flow from operations was $315 million for the first quarter 2022, mainly due to the working capital impact linked to the seasonality of the gas and power marketing activities and to price effect on receivables. $866 million in the first half 2022, including the above items as well as a payment related to the sale of interests in the CA1 offshore block in Brunei and the sale by SunPower of its Enphase shares. However, in certain instances, transactions such as restructuring costs or asset disposals, which are not considered to be representative of the normal course of business, may be qualified as special items although they may have occurred within prior years or are likely to occur again within the coming years. $9,734 million in the first half of 2022, 2.3 times higher than the first half 2021, for the same reasons. TotalEnergies Q2 net income falls as LNG, refining profits slump X not specified, PPA relating to a capacity < 0.2 GW. (1) Includes 20% of gross capacity of Adani Green Energy Ltd effective first quarter 2021. Exploration & Production reported adjusted net operating income of $2.3 billion . We may use certain terms in this press release, such as potential reserves or resources, that the SECs guidelines strictly prohibit us from including in filings with the SEC. Effective January 1, 2014, TotalEnergies changed the presentation currency of the Groups Consolidated Financial statements from the euro to the U.S. dollar. * 2Q21 and 1H21 data corrected after taking into account AGELs result. (a)Treasury shares related to the performance share grants. PDF Net income (Totbnergies share) (F -28% -9% Second - TotalEnergies To listen to the conference call with CEO Patrick Pouyann and CFO Jean-Pierre Sbraire today at 12:00 (Paris time) please log on to totalenergies.com or call +44 (0) 207 192 8338 in Europe or +1 (646) 7413-167 in the United States (code: 4169200). The net income for the last three months of the year was in line with analyst estimates in a consensus by Refinitiv and . This document may also contain statements regarding the perspectives, objectives, areas of improvement and goals of TotalEnergies, including with respect to climate change and carbon neutrality (net zero emissions). As a Premium user you get access to background information and details about the release of this statistic. (March 24, 2023). Net sales break down by activity as follows: - refining and chemistry (43.3%): refining of petroleum products (operated, at the end of 2022, 16 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) TotalEnergies SE annual/quarterly net income history and growth rate from 2010 to 2023. (unaudited), TotalEnergies contacts REUTERS/Sarah Meyssonnier/file photo, Exclusive: Northvolt raises $1.2 billion in latest funding round for factory build out - CFO, Petrobras to continue producing oil for the next 4 decades, says exec, Cheniere Energy strikes LNG supply deal with BASF, Oil prices dip on nagging worries about Chinese demand, Dick's Sporting shares slide as costs, inventory shrink slam annual profit outlook, Exxon proposes sixth oil project in Guyana for $12.9 billion, Canada to challenge U.S. softwood lumber duties, American Airlines warns of higher third-quarter cost from new pilot contract. 2021 quarterly equity share data are not available Historical data have been restated to cancel the impact of fair valuation of iGRP sectors contracts. $2,760 million in the second quarter 2022, compared to $511 million in the second quarter 2021, due to higher refined volumes in response to the recovery in demand in Europe and the United States, very high margins on distillates and gasoline in the context of reduced imports of Russian petroleum products, as well as the outperformance of crude oil and petroleum product trading activities. TotalEnergies buys 40% stake in Norway CO2 storage exploration licence However, the Company's LNG operations will be affected by the outage of the Freeport LNG plant in the third quarter. TotalEnergies Agrees to Acquire 40% Interest in Carbon Dioxide Storage 2.5 times higher over one year to $4,945 million in the first half 2022, for the same reasons. dvelopper et amliorer nos produits et services. Furthermore, TotalEnergies enters into derivative instruments to risk manage certain operational contracts or assets. See here for a complete list of exchanges and delays. The shareholder return policy is reinforced through dividend growth of 5% and the continuation of the share buyback program of $2 billion in the third quarter. Despite the approximately 40 kboe/d increase in planned maintenance in the third quarter compared to the second quarter, TotalEnergies expects production to be stable compared to the second quarter due to the contribution of new projects, notably in Brazil with the production ramp-up of Mero 1 and the entry into Spia and Atapu. The average LNG selling price was $13.96/Mbtu in the second quarter and $13.77/Mbtu in the first half, more than double the prices over the same periods in 2021, benefitin on a lagged basis from the increase in oil and gas indexes on long-term contracts as well as high spot gas prices over these periods. TotalEnergies net profits double to record $36.2 billion in 2022 In addition to IFRS measures, certain alternative performance indicators are presented, such as performance indicators excluding the adjustment items described below (adjusted operating income, adjusted net operating income, adjusted net income), return on equity (ROE), return on average capital employed (ROACE), gearing ratio, operating cash flow before working capital changes, the shareholder rate of return.
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