TotalEnergies (TTE) reported Wednesday Q1 adjusted earnings of $2.45 per diluted share, up from $1.83 per share a year earlier.
Analysts polled by FactSet expected $2.16 per share.
Revenue for the quarter was $54.16 billion, up from $52.25 billion a year earlier.
Analysts surveyed by FactSet expected $44.58 billion.
The oil major expects annual net investments of over $15 billion in 2026, it said.
Q2 production is forecast to grow 4% year-over-year, excluding the impact of the conflict in the Middle East, TotalEnergies said.
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