Strong results and above consensus with adj. EBIT of €5.2bn (+36% qoq) with Exploration & Production up by 21% qoq (€4.38bn) and the Global Gas & LNG portfolio division up 74% qoq (€931m). These numbers were supported by higher oil & gas prices (overall realization price for hydrocarbons up 16% at $75.5/boe), and partly offset by lower production (-5% qoq at 1.65mbd).


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Q1: all good
Strong results and above consensus with adj. EBIT of €5.2bn (+36% qoq) with Exploration & Production up by 21% qoq (€4.38bn) and the Global Gas & LNG portfolio division up 74% qoq (€931m). These numbers were supported by higher oil & gas prices (overall realization price for hydrocarbons up 16% at $75.5/boe), and partly offset by lower production (-5% qoq at 1.65mbd).