TotalEnergies Reports 48.7% Increase in Q1 2026 Net Income to $5.8 Billion
TotalEnergies reported a 48.7% increase in net income to $5.8 billion for Q1 2026, driven by higher oil prices and production from new projects. Adjusted earnings before interest, taxes, depreciation, and amortization rose 20% to $12.6 billion, while revenue increased 3.6% to $49.5 billion. The company also noted a 33% reduction in methane emissions.
Tickers: $TTE
Topics: Earnings Per Share Methane Emissions Net Income Oil Prices Production Stability Revenue Growth