TotalEnergies posted $9.1 billion in Q3 adjusted net income, up 127% from a year ago and above the $8.3 billion analysts expected, as historic refining margins, higher prices and strong trading lifted results. #TotalEnergies#Oil#LNG#Earnings
TotalEnergies expects exceptional Q3 results as its European refining margin hit $33.20/bbl, nearly triple Q2's $13.50. Refining cash flow is seen up $2B as the Middle East conflict lifts margins and LNG. #TotalEnergies#Refining#OilMarkets#LNG
