In an uncertain environment, TotalEnergies is delivering robust results in line with its objectives.
Our 2023 Results
(All comparisons are with 2022)
Net income (IFRS) $21.4 billion (up 4%)
CFFO*$35.9 billion
ROACE**19%
Payout 46%
Hydrocarbon production 2.483 million of barrels of oil equivalent per day (up 2%, excluding Novatek)
Net production of electricity 33.4 TWh including 19 TWh from renewable sources (up 82%)-
Gross installed renewable power generation capacity 22 GW (up 6 GW in 2023)
Key Indicators
(All comparisons are with 2022.)
Brent price $82.60/barrel (down 18%)
Average LNG selling price $10/MBtu (down 32%)
Variable cost margin – Refining Europe $69.30/ton (down 26%)
Euro/Dollar exchange rate 1.08