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TotalEnergies ADR Each Representing Ord Shs TTE

Energy Oil & Gas Integrated
TotalEnergies SE is a France-based oil and gas company. It operates through four segments: Exploration and Production, Gas, Renewables & Power, Refining & Chemicals and Marketing & Services. Exploration & Production encompasses the exploration and production activities. Gas, Renewables & Power comprises gas activities conducted downstream of the production process and concerns natural gas, liquefied natural gas (LNG) and liquefied petroleum gas (LPG), as well as power generation, gas and power trading and marketing. It also develops renewable energy activities (excluding biotechnologies) and the power storage. Energy efficiency activities are represented through a dedicated Innovation & Energy Efficiency division. Refining & Chemicals encompasses refining and petrochemical activities and Hutchinson’s operations. It also includes oil Trading & Shipping activities. Marketing & Services includes worldwide supply and marketing activities in the oil products and services field.


NYSE:TTE - Post by User

TotalEnergies ADR Each Representing Ord Shs
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Post by 1Derrickon Apr 28, 2015 7:01am
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Post# 23670594

Total Q1-2015 Profit Slumps 22% on Impairments

Total Q1-2015 Profit Slumps 22% on ImpairmentsTotal reported a 22% YoY fall in Q1-2015 net profit to $2.6 billion after the company booked $1.1 billion in impairments. Income from Upstream segment fell 56% YoY to $1.4 billion, while income from refining and chemicals segment was up 300% YoY to $1.1 billion. Marketing and Services segment income grew 23% YoY to $321 million.

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