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Stock impact report

TotalEnergies Expecting Strong Q1 Earnings Amid US-Iran War [Yahoo! Finance]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Yahoo! Finance
TotalEnergies SE (NYSE:TTE) is a global integrated energy company that produces and markets energy. TotalEnergies SE (NYSE:TTE) revealed on April 16 that it was expecting a sharp rise in first-quarter earnings, driven by its strong trading performance and soaring prices amid the US-Iran war. While the company lost around 15% of its output amid the Middle East disruptions, it expects its Q1 2026 oil and gas production to be in line with the previous quarter, as start-ups in Brazil and Libya offset the lost production in the Middle East. This led to a sharp surge in upstream income due to the multi-year high prices. TotalEnergies SE (NYSE:TTE)'s downstream results are also expected to receive a boost in the first quarter, supported by its refineries running above 90% and the company's strong performance from crude oil and petroleum product trading activities in March. Lastly, TotalEnergies SE (NYSE:TTE) also expects its Q1 integrated LNG results and cash flow to be significantly Show less Read more
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