TotalEnergies posts 29% drop in net profit in the second quarter of 2024
TotalEnergies reports a significant decrease in net profit and revenue for the second quarter, while relying on growth in its hydrocarbon and electricity production to sustain profitability and global ambitions.
| Countries | Brésil, France, Inde, États-Unis |
|---|---|
| Companies | TotalEnergies, BP, OPEP, Shell |
| Sector | Gaz, Énergie Solaire, Pétrole, Gaz naturel, Photovoltaïque |
| Theme | Marchés & Finance, Résultat |
The oil and gas group TotalEnergies recorded a net profit of $2.7bn in the second quarter of 2024, a decrease of 29% compared to the same period last year. This result is mainly due to falling oil and gas prices, reflecting a volatile market context marked by economic and geopolitical uncertainties.
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