TotalEnergies posts drop in fourth-quarter profit on weak oil demand
Portfolio Pulse from
TotalEnergies reported a 15% drop in fourth-quarter earnings due to low oil prices and weak fuel demand, partially offset by higher electricity sales and LNG trading.

February 05, 2025 | 7:45 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
TotalEnergies experienced a 15% decline in Q4 earnings due to low oil prices and weak demand, though higher electricity sales and LNG trading provided some offset.
The 15% drop in earnings is significant and directly related to the core business of TotalEnergies, which is affected by low oil prices and weak demand. The offset from electricity sales and LNG trading is positive but not enough to fully counteract the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100