TotalEnergies Expects Q3 Hydrocarbon Production Of Around 2.5MBOE/D, Refineries Utilization Rate Above 80%
Portfolio Pulse from Benzinga Newsdesk
TotalEnergies anticipates its Q3 hydrocarbon production to be around 2.5 million barrels of oil equivalent per day (MBOE/D), with a refineries utilization rate above 80%.
July 27, 2023 | 7:43 am
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TotalEnergies' Q3 hydrocarbon production is expected to be around 2.5MBOE/D, with a refineries utilization rate above 80%.
The news directly pertains to TotalEnergies' Q3 performance. The high production and utilization rates indicate strong operational efficiency, which could positively impact the company's earnings and, consequently, its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100