TotalEnergies Projects Higher Hydrocarbon Production for Q3

MT newswire2026/10/15 08:31

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04:31 AM EDT, 10/15/2026 (MT Newswires) -- TotalEnergies (TTE) expects Q3 hydrocarbon production of 2.45 million to 2.50 million barrels of oil equivalent per day, up more than 4% year over year, excluding the impact of the Middle East conflict, the company said Thursday. The company expects strong downstream results, with refining and chemicals cash flow projected to rise $2 billion quarter over quarter on higher refining margins and a 10% increase in throughput. Integrated LNG results are expected to rise "sharply" on a 20% increase in average prices and stronger trading, TotalEnergies said, adding that integrated power cash flow is projected at $750 million to $800 million from a full-quarter contribution from TTEP, a joint venture with EPH. The company also anticipates a positive working capital contribution of about $3 billion during the quarter.

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