TotalEnergies Expects Third-Quarter Refining & Chemicals Cash Flow to Rise $2 Billion From Previous Quarter
Bitget2026/10/15 06:13- TotalEnergies expects third-quarter 2026 refining and chemicals cash flow to rise $2 billion sequentially, driven by strong margins and 10% higher throughput.
- Integrated LNG earnings should rise sharply, supported by a 20% sequential increase in average LNG prices and strong trading performance.
- Hydrocarbon production should reach 2,450,000–2,500,000 barrels of oil equivalent daily; growth excluding Middle East disruptions should exceed 4% versus third-quarter 2025.
- Integrated Power cash flow is projected at $750 million–$800 million, benefiting from a full-quarter contribution from the EPH joint venture.
- A positive working capital contribution of about $3 billion is expected during the quarter.
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.
You may also like
Boeing (BA.US) Max 10 certification expected to be announced next week, adding new leverage for debt relief
The Boeing 737 Max 10 has completed key certification meetings and could be approved as early as next week. As Boeing's largest variant to rival Airbus, this model will help airlines replace aging 757s and is expected to become a cash cow for Boeing to reduce its debt.
Foreign holdings of US Treasuries rebounded in August, with UK holdings surpassing $1 trillion for the first time
In August, foreign holdings of U.S. Treasury bonds increased by over 83 billions USD, with Canada and Belgium leading the increase; meanwhile, holdings by Japan and China continued to decline to multi-year lows, and for the first time, the UK's holdings surpassed 1 trillion USD.
Strive's bitcoin holdings increased to 35,595, and TD Cowen raised its target price to $56.
New York Federal Reserve Survey: Service Sector Price Increases Hit Fastest Pace Since 2022, Business Activity Index Drops to Lowest Since March
A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.
Crypto prices
More
