The Shareholders' Newsletter #78 Fall 2025

Key figures

Key figures

Third-quarter 2025 results

  • ADJUSTED NET INCOME(TOTALENERGIES SHARE) $4 billion
    +11% vs second quarter 2025
  •  CFFO(1) $7.1 billion
    +7% vs second quarter 2025
  • HYDROCARBON PRODUCTION 2,580thousand barrels of oil equivalent per day
    +4% year-on-year(2)
  • TOTAL LNG SALES 10.4Mt
    +9% year-on-year(2)
  • NET POWER PRODUCTION 12.6 TWh
    +14% year-on-year(2)
  • GREENHOUSE GAS EMISSIONS
    SCOPE 1+2 EMISSIONS FROM OPERATED FACILITIES: (MtCO2e) (3)
    8.4
    -4% year-on-year(2)
    METHANE EMISSIONS FROM OPERATED FACILITIES: (ktCH4) (3)
    5   
    -28 % year-on-year(2)

(1) Cash flow from operations excluding working capital.

(2) Variation vs third-quarter 2024.

(3) Scope 1+2 GHG emissions are defined as the sum of direct emissions of GHG from sites or activities that are included in the scope of reporting and indirect emissions attributable to brought-in energy (electricity, heat, steam), net from potential energy sales, excluding purchased industrial gases (H2). Unless stated otherwise, TotalEnergies reports Scope 2 GHG emissions using the market-based method defined by the GHG Protocol.

Main indicators

For the third-quarter 2025

  • #1BRENT $69.1/b
    +2%vs second-quarter 2025 but down by over $10/b year-on-year
  • #2AVERAGE PRICE OF LNG (consolidated subsidiaries and equity affiliates) $8.9/Mbtu
    equivalent to second-quarter 2025
  • #3EUROPEAN REFINING MARGIN MARKER (ERM) $63/t
    +78%vs second-quarter 2025