28 Oct 2022
Q3: all time high quarterly adjusted net income
TotalEnergies navigated a very turbulent and stormy Q3 defined by high volatility with a solid trading strategy and is finally being rewarded by investors. Q3 adjusted net income was recorded at $9.9 billion – surpassing the $9.8 billion in the previous quarter. With an impairment of $3.1 billion from Russia, the adjusted net income was $6.6 billion. High margins in refining and chemicals continued to support downstream operating income.
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Q3: all time high quarterly adjusted net income
TotalEnergies navigated a very turbulent and stormy Q3 defined by high volatility with a solid trading strategy and is finally being rewarded by investors. Q3 adjusted net income was recorded at $9.9 billion – surpassing the $9.8 billion in the previous quarter. With an impairment of $3.1 billion from Russia, the adjusted net income was $6.6 billion. High margins in refining and chemicals continued to support downstream operating income.