1019 GMT - TotalEnergies should deliver first-quarter adjusted net income of $4.27 billion, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. Ahead of the French energy major's update, the analysts had expected $4.67 billion. Earnings in its upstream division are still seen at $2.4 billion but its integrated LNG division should report $1.37 billion, down from a prior forecast of $1.53 billion, they write. Refining and chemicals' projected earnings are now $329 million from $423 million, while integrated power is forecast to deliver $488 million from earlier expectations of $637 million, they write. Shares rise 1% to 50.75 euros. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
April 15, 2025 06:19 ET (10:19 GMT)
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