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0 0 0 0.0266895761741124 0.0264604810996564 0.025429553264605 0.0292096219931273 0.031958762886598
Stock impact report

TotalEnergies sees Q1 earnings surge on strong trading and higher oil prices despite war impact [Seeking Alpha]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Seeking Alpha
higher upstream production and oil prices amid the Iran conflict, even as the disruption shut about 15% of its output. Oil Fresh Stock Ideas, Every Day Quick Insights The Iran conflict is expected to drive a sharp rise in first-quarter earnings for TotalEnergies, mainly through strong trading performance and higher upstream oil prices, despite around 15% output disruption. Downstream results are supported by a refinery utilization rate above 90%, recovery of full operational performance, strong trading performance, and marketing & services broadly in line with last year. Integrated LNG results and cash flow are expected to be significantly higher than the previous quarter, driven by a 10% increase in LNG production and strong trading activities amid market volatility. More Trending News Show less Read more
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