Total report adjusted results of $2.9bn, in line with expectations. Production came in at 2.7mbpd, up 5% yoy, and should be up 6% this year, slightly higher than expected. It is interesting to note that the declining rate of mature fields is around 3% for the group.
26 Apr 2018
First view: in line despite higher, upward revision on production
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First view: in line despite higher, upward revision on production
TotalEnergies SE (TTE:LON) | 6,354 1969.7 0.5% | Mkt Cap: 151,660m
- Published:
26 Apr 2018 -
Author:
Alexandre Andlauer -
Pages:
2
Total report adjusted results of $2.9bn, in line with expectations. Production came in at 2.7mbpd, up 5% yoy, and should be up 6% this year, slightly higher than expected. It is interesting to note that the declining rate of mature fields is around 3% for the group.