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TotalEnergies expects significantly higher upstream and LNG trading profits.
TotalEnergies expects higher Q1 2026 upstream and LNG profits despite 15% production loss.
KEY POINTS
- Start-ups in Brazil and Libya are set to offset Middle East production losses by Q1 2026.
- TotalEnergies forecasts a $12.4 per barrel oil price increase to boost earnings significantly.
- Integrated LNG results and cash flow are expected to be significantly higher due to a 10% LNG production increase.
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