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TotalEnergies Q2 2026 profit doubles to $6B on elevated energy prices
Energy
- 23 July, 2026
- 14:45
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French energy company TotalEnergies posted a profit of $6 billion in the second quarter of 2026, double the amount recorded in the same period of 2025, Report informs, citing the company's financial update.
"Against the backdrop of high prices linked to the conflict in the Middle East, TotalEnergies is leveraging its integrated model and diversification, demonstrating adjusted net income of $6 billion and cash flow of $9.8 billion in the second quarter, which is nearly 15% higher than in the previous quarter," CEO Patrick Pouyanné said in the update.
Total profit for the company during the specified period reached $11.2 billion, representing a 73% increase compared to the previous year.
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