TotalEnergies EP Gabon Q2 FY26 net income drops 87% to $6 million; revenue rises 13% to $111 million vs Q1 FY26

Reuters2026/08/27 17:51

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

TotalEnergies EP Gabon posted Q2 2026 net income of $6 million, down 87% from Q1 on stock-position swings and higher charges.
Cash flow from operations swung to $50 million from a $4 million outflow in Q1, helped by working-capital gains and higher revenue.
Revenue rose 13% to $111 million versus Q1, tracking a 7% increase in average realized crude price to $100.2 a barrel.
Operated crude production fell 7% to 15 kb/d, citing field decline and shutdowns for integrity work on export and gas pipelines.
For H1 2026, net income more than doubled to $51 million as cash flow from operations swung to $46 million despite a 4% revenue dip.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies EP Gabon SA published the original content used to generate this news brief via Business Wire (Ref. ID: 202608271351BIZWIRE_USPR_____20260827_BW738651) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

TotalEnergies EP Gabon Q2 FY26 net income drops 87% to $6 million; revenue rises 13% to $111 million vs Q1 FY26

You may also like

Crypto prices