Total beats expectations with Q1 profit as oil prices recover - Breaking The News

Total beats expectations with Q1 profit as oil prices recover

29 April

1 min read

EPA-EFE / CHRISTOPHE PETIT TESSON

French oil and gas company Total SE announced on Thursday its adjusted net income in the first quarter of 2021 surged 69% on the year to $3 billion amid a recovery in oil prices.

However, the company warned that oil markets remain "volatile" and hinge on a recovery in global demand for crude.

Meanwhile, Total said that it will maintain its interim dividend stable at €0.66 per share.

earnings total

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