TotalEnergies’ adjusted net income rose to $9.1 billion in the third quarter of 2026, up 127% from the same period last year. The result exceeded analyst expectations of approximately $8.3 billion.
High oil and gas prices, historically strong refining margins, and robust LNG and gas trading performance drove the increase in profitability.
Cash flow from operations, excluding working capital, rose 25% from the previous quarter to $12.3 billion. Hydrocarbon production averaged 2,474 thousand barrels of oil equivalent per day, up 3% from the second quarter.
The board approved a third interim dividend of €0.90 per share. It also confirmed $2.5 billion in share buybacks for the fourth quarter of 2026.