# TotalEnergies sees Q1 earnings surge on strong trading and higher oil prices despite war impact.

*business · news · 2026-04-16 · Seeking Alpha*

## Key points

- TotalEnergies expects a significant Q1 earnings increase, surpassing prior forecasts.
- Strong trading performance and higher oil prices are the main drivers behind the earnings surge.
- Despite the Iran conflict shutting 15% of output, TotalEnergies' earnings are rising.
- Upstream production increases offset some negative impacts from the regional disruption.

**Companies:** TotalEnergies SE, BP, Shell
**Countries:** Iran

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4575554-totalenergies-sees-q1-earnings-surge-on-strong-trading-and-higher-oil-prices-despite-war-impact)

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