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TotalEnergies: share up after strong quarter

(CercleFinance.com) - TotalEnergies reported higher Q2 results on Thursday, buoyed by rising oil prices and recovering demand, and unveiled new share buyback plans.


The company's adjusted net profit for the quarter came in at 3.46 billion euros, compared with 126 million euros a year ago and the consensus of around 3.3 billion euros.

The company's revenues reached 47 billion euros, compared with 25.7 billion euros in Q2 2020.


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