on TOTALENERGIES (EPA:TTE)
TotalEnergies Q4 2024 Financial Trends
TotalEnergies shared key indicators and financial projections for the fourth quarter of 2024. The euro-dollar exchange rate stands at 1.07, while the price of a barrel of Brent crude decreased to $74.7. As for liquids, the average selling price is $71.8/b, marking a decrease compared to previous quarters. Conversely, the average selling price of gas and LNG recorded increases, reaching $6.26/Mbtu and $10.37/Mbtu respectively.
Hydrocarbon production is expected to increase slightly, with an expected range of 2.4 to 2.45 Mboe/d. European refining margins have improved, with an increase of $10/t compared to the previous quarter. The company's debt ratio is expected to fall below the 10% mark thanks to an optimization of the working capital requirement.
R. P.
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