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TotalEnergies reports slight decrease in Q3 income as lower oil prices weigh

ReutersOct 30, 2025 7:11 AM

By America Hernandez

- French oil major TotalEnergies TTEF.PA reported a 2.4% drop in third-quarter earnings on Thursday, meeting expectations as higher upstream production and improving crude refining margins partially offset lower oil prices.

Adjusted net income was $4 billion, slightly lower than the $4.1 billion for the same period last year, and in line with an analysts' consensus compiled by LSEG.

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