• 09/21/2024

TotalEnergies Misses Forecasts; Details Buyback

Wall Street Journal

UPDATED: TotalEnergies reported a 49% drop in its adjusted net profit to under $5 billion, in a second quarter marked by a softening oil and gas environment, but said it planned a $2 billion buyback in the third quarter.

https://www.wsj.com/articles/totalenergies-2q-profit-falls-short-of-expectations-ad46b9f5