After two years of record earnings, the TotalEnergies group announced for 2024 net profits with 26 % with 15.2 billion euros. The first reasons presented by the group, a less favorable “energy” price and refine the margins “in a strong withdrawal.”
Therefore, these results are well below the highest profits in their history achieved in 2023 (19.8 billion euros) and 2022 (19 billion), driven by the outbreak of oil prices and Gas in a market annoyed by the recovery after the cavida and the Russian invasion of Ukraine. They are also below the expectations of analysts consulted by Bloomberg and Factseet that planned respectively between 16.8 and 17 billion euros. But in 2024, “the oil and gas atmosphere was less good,” said the CEO of the Patrick Pouyanné group to the press. Despite their internal profits, the group satisfies its shareholders and announced a 7.6 % increase in the low dividends …