Total 1Q Profit Rose on Record Hydrocarbon Production
26 Abril 2019 - 1:54AM
Noticias Dow Jones
By Nathan Allen
Total SA (FP.FR) said Friday that its first-quarter earnings
rose sharply, as hydrocarbon production reached record levels.
The French energy major said net profit rose to 3.11 billion
euros ($3.46 billion) from EUR2.65 billion a year earlier.
Production rose 9% on year to 2.95 million barrels of oil
equivalent per day, the company said.
However, adjusted net profit declined 4% to EUR2.76 billion from
EUR2.88 billion, due to more expensive debt and lower prices for
oil and natural gas.
Total confirmed its guidance for 2019 and said the outlook for
the sector remains volatile, with uncertainty around global demand
and non-OPEC supply concerns.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 26, 2019 02:39 ET (06:39 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
TotalEnergies (EU:TTE)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
TotalEnergies (EU:TTE)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
