business / news / / OilPrice
TotalEnergies is raising its interim dividend by 6% as first-quarter earnings jumped by 30% from a year earlier.
TotalEnergies' Q1 2025 net income rose 29% year-on-year to $5.4 billion, beating estimates.
KEY POINTS
- Production growth of 4% and new projects in Brazil and Libya offset Middle East losses.
- The board raised the first interim dividend by 5.9% and approved $1.5 billion in share buybacks.
- TotalEnergies lost 15% of global output due to Middle East conflict but maintained strong cash flow.
COMPANIES
Summarized by Newsio from OilPrice. How we summarize →