Sharp Decline in TotalEnergies' Quarterly Earnings

TotalEnergies SE has announced a significant downturn in its financial performance for the first quarter of 2025, with net income attributable to shareholders plummeting by 33% to $3.85 billion, compared to $5.72 billion in the same period last year.

Adjusted Financial Metrics Also Show Downturn

The company's adjusted net income saw an 18% decrease to $4.2 billion, while adjusted EBITDA fell by 9% to $10.5 billion. Operational cash flow, excluding working capital, was reported at $6.99 billion, a 14% decline year-over-year.

CEO Comments on Quarterly Performance

"TotalEnergies delivered strong results in the first quarter of 2025 that are in line with the positive results of the fourth quarter of 2024," stated CEO Patrick Pouyanne, reflecting on the quarter's outcomes despite the noted declines.