TotalEnergies SE ( (FR:TTE) ) has shared an announcement.
TotalEnergies SE has released its trading statement for the first quarter of 2025, indicating a positive outlook with hydrocarbon production expected to be at the high end of the guidance range, reflecting a nearly 4% increase compared to the same period in 2024. The company anticipates improved results in Exploration & Production and Integrated LNG segments due to favorable price environments, while Refining & Chemicals results are expected to remain stable despite lower petrochemicals and biofuels margins in Europe. The company’s cash flow and working capital are projected to align with annual guidance, although working capital will see a seasonal increase.
More about TotalEnergies SE
TotalEnergies SE is a major player in the energy sector, involved in the production and sale of oil, natural gas, and electricity. The company is focused on transitioning to cleaner energy sources and operates in various segments including Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.
YTD Price Performance: -5.95%
Average Trading Volume: 1,666,644
Technical Sentiment Signal: Buy
Current Market Cap: €102.1B
See more insights into TTE stock on TipRanks’ Stock Analysis page.