TotalEnergies SE (NYSE:TTE) stock is trading higher on Wednesday after the company reported fourth-quarter 2025 results.
Details
The French energy giant posted adjusted earnings of $1.73 per share, missing the $1.78 consensus estimate.
Revenue for the quarter came in at $50.62 billion, above the expectations of $33.94 billion.
Adjusted net income declined 15% year over year (Y/Y) to $3.8 billion due to lower oil prices. Also, adjusted EBITDA totaled $10.1 billion, down 6% Y/Y.
Cash flow from operations excluding working capital changes stood at $7.2 billion in the quarter, despite a drop of over $5/b in oil prices.
Segment Performance
- Exploration & Production generated $1.81 billion in adjusted operating income, a 17% sequential (Q/Q) decline, due to a decline in the average selling price of liquids and gas.
- Integrated LNG earnings rose 8% Q/Q to $922 million, led by higher LNG production …