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Total beat expectations with adjusted net income of $5.4 billion.
TotalEnergies doubled its share buyback to $1.5 billion in the second quarter.
KEY POINTS
- 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
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