TotalEnergies SE: Third Quarter 2026: Main Indicators
TotalEnergies published preliminary third-quarter 2026 indicators ahead of results, pointing to a strongly sequential improvement across segments. Hydrocarbon production is expected at 2.45-2.50 Mboe/d, growing more than 4% ex-Middle East versus Q3 2025 and above the 3% annual guidance, while LNG prices rose 20% from Q2.
Key figures
- Guidance
- 3Q26 hydrocarbon production expected at 2.45-2.50 Mboe/d, ex-Middle East growth >4% YoY vs 3% annual guidance; R&C cash flow up ~$2B QoQ; TTEP cash flow $750-800M; working capital contribution ~+$3B
- Erm usd b
- 33.2
- Brent usd b
- 97
- Ttf usd mbtu
- 21.5
- Production mboe d
- 2.45-2.50
- Ttep cashflow usd
- $750-800 million
- Avg gas price usd mbtu
- 7
- Avg lng price usd mbtu
- 12.28
- Avg liquids price usd b
- 87.1
- Rc cashflow delta qoq usd
- $2 billion increase
- Working capital contribution usd
- ~$3 billion
AI analysis
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