# Total beat expectations with adjusted net income of $5.4 billion.

*business · news · 2026-04-29 · MarketScreener*

## Key points

- TotalEnergies doubled its share buyback to $1.5 billion in the second quarter.
- Adjusted net income for TotalEnergies surged nearly 33% to $5.4 billion year-over-year.
- The Iran conflict forced TotalEnergies to halt 15% of its upstream output.
- France's Socialist Party proposed a supertax targeting windfall profits of energy companies like TotalEnergies.

**Companies:** TotalEnergies
**Countries:** France, Iran

[Read the full story on MarketScreener](https://www.marketscreener.com/news/totalenergies-doubles-buybacks-in-war-related-profits-boost-ce7f58dadb8df72c)

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