TotalEnergies’ Q3 Adjusted Net Income More Than Doubles to $9.097 Billion
Photo: TokenPost
TotalEnergies posted $9.097 billion in adjusted net income attributable to shareholders for the third quarter, more than double a year earlier. The quarter also brought a $33.20-per-barrel European Refining Margin Marker, up from $13.50 in the second quarter and $8.40 a year earlier. Adjusted net income was up from $6.027 billion in the second quarter. Reported net income attributable to shareholders was $8.263 billion. The margin marker is based on a representative basket of crude, product yields and variable costs, and excludes oil trading. Refinery throughput averaged 1.555 million barrels per day, 9% above the prior quarter.
Source: TokenPost
