TotalEnergies: main indicators for the third quarter







Photo credit © TotalEnergies

(Boursier.com) — The main indicators, estimated financial data and elements affecting the aggregates for the third quarter of 2023 TotalEnergies are shown below:

Hydrocarbon production is anticipated at nearly 2.5 Mboe/d, benefiting from the start-up of Absheron in Azerbaijan and the effective entry into the Ratawi field (GGIP) in Iraq.

The Exploration-Production tax rate is expected to fall in the third quarter compared to the second quarter, particularly taking into account the seasonal drop in the relative weight of North Sea production.

The result of the Integrated LNG sector is expected to be in line with that of the previous quarter, in a generally comparable environment.

Results from the Integrated Power sector are expected to increase to nearly $500 million.

Downstream results will benefit from the increase in refining margins in Europe. Note the unplanned shutdown of the Port Arthur refinery since August in the United States.


©2023 Boursier.com






Source link -87