TotalEnergies posted Q1 adjusted net income of $5.4 bn, a 29% YoY increase and above the $5 bn consensus.
Shares rose about 1% in early Paris trading, while the company announced a $1.5 bn share‑buyback program for Q2, double the prior rate.
Quarterly dividend increased 5.9% to €0.90 per share and segment earnings surged, with refining & chemicals up over five‑fold to $1.6 bn.
Upstream earnings rose 5% to $2.58 bn, LNG up 2% to $1.3 bn, integrated power up 8% to $545 m, marketing up 9% to $262 m.