TotalEnergies Hikes 2026 First Interim Dividend by 5.9% to €0.90

Key Facts

TotalEnergies' Board has approved a first interim dividend of €0.90 per share for 2026, marking a 5.9% increase over 2025 levels. The company reported an adjusted net income of $5.4 billion for the first quarter, significantly surpassing the average analyst estimate of $4.98 billion. This financial performance represents a 41% surge in net income compared to the final quarter of 2025, driven by robust trading and elevated oil prices. To further bolster shareholder returns, the company, which trades under the ticker TTE on the NYSE, announced a $1.5 billion share buyback program. While regional disruptions initially took 15% of upstream production offline, the French major successfully increased production elsewhere to offset these losses. These results highlight management's ability to mitigate geopolitical headwinds while maintaining strong cash flow stability.

Version History