TotalEnergies' Results Largely Beat Views, But Outlook Looks Soft -- Market Talk

Dow Jones04-26

1003 GMT - TotalEnergies' results were slightly ahead of consensus expectations, with a marginal beat across all divisions except marketing and services, RBC Capital Markets says. However, the French energy majors' "production guidance for the second quarter looks slightly soft relative to market expectations, while the liquefied natural gas realization also looks weak relative to our estimate," Biraj Borkhataria writes in a research note. Shares are up 0.2% at EUR68.21. (christian.moess@wsj.com)

 

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April 26, 2024 06:03 ET (10:03 GMT)

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