TotalEnergies profit jumps 68% – Moneyweb

TotalEnergies SE said second-quarter profit surged as the Iran war boosted prices of crude and refined products, offsetting a drop in profits in its gas business.

Adjusted net income rose 68% to $6.03 billion from $3.58 billion a year earlier, the French energy major said in a statement Thursday. That was in line with analyst estimates, which had been revised lower after Total flagged last week that it would probably report a significant profit drop in its integrated gas unit.

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