French oil and gas company Total SE stated on Thursday that its adjusted fully-diluted earnings per share surged 6250% on an annual basis to stand at $1.27 in the year's second quarter.
The company's net income reached $2.2 billion in the same trimester, compared to the loss of $8.4 billion observed in the second three-month period of 2020. Total's sales rocketed 82.8% to $47.04 billion in the three-month period.
"In the second quarter, thanks to the progressive recovery of global demand and OPEC+ discipline, TotalEnergies benefited from oil and gas markets that were 13% and 28% higher respectively quarter to quarter," CEO Patrick Pouyanne said.