1017 GMT - TotalEnergies issued a strong update across the board, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. The French energy company captured short-term refining strength over the fourth quarter, they write. Meanwhile, new barrels in the upstream unit appear cash flow accretive, they add. TotalEnergies will likely remain cautious abut its balance sheet and announce a $750 million share buyback, they write. Shares trade up 1% at 56.71 euros. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 20, 2026 05:17 ET (10:17 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments