TotalEnergies SE

TTE: XPAR (FRA)

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TotalEnergies Earnings: Middle East Disruptions Remain a Net Benefit

Allen Good

Jul 23, 2026

Total's second quarter continued first-quarter trends of Middle East disruptions underpinning higher oil and gas prices, wider refining margins, and strong trading results, which offset the impact of lost volumes. This resulted in adjusted earnings rising to $6.0 billion from $3.6 billion in 2025.

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TotalEnergies SE

TotalEnergies Earnings: Middle East Disruptions Remain a Net Benefit

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