道达尔能源TotalEnergies (TTE) 2025年第一季度业绩报告「NYSE」（英文版）（41页）.pdf

1、 PRESS RELEASE First quarter 2025 results Thanks to a year-on-year production growth of nearly 4%for oil&gas and 18%for electricity,TotalEnergies posts solid results and maintains attractive shareholder returns despite an uncertain environment 1 Paris,April 30,2025 The Board of Directors of TotalEne

2、rgies SE,chaired by CEO Patrick Pouyann,met on April 29,2025,to approve the 1st quarter 2025 financial statements.On the occasion,Patrick Pouyann said:“In a price environment globally similar to the fourth quarter 2024,TotalEnergies delivered strong results in the first quarter 2025 that are in line

3、 with the positive results of the fourth quarter 2024,reporting$4.2 billion of adjusted net income and$7.0 billion of CFFO.In the Oil&Gas business,first quarter production was above 2.55 Mboe/d,up 4%year-on-year,notably benefiting from the continued ramp up of projects in Brazil,the United States,Ma

4、laysia,Argentina and Denmark.The start-ups of the Ballymore offshore field in the United States during the second quarter and Mero-4 in Brazil expected in the third quarter will continue to add high-margin barrels and further reinforce the Companys 2025 hydrocarbon production growth objective of mor

5、e than 3%.Exploration&Production generated adjusted net operating income of$2.5 billion and cash flow of$4.3 billion in the first quarter,up 6%and 9%quarter-to-quarter,respectively.Cash flow benefited from the accretive effect of new oil production that is both low-cost and low-emission.Integrated L

6、NG achieved adjusted net operating income of$1.3 billion and cash flow of$1.2 billion for the quarter,driven by LNG prices that were higher year-on-year but lower than fourth quarter 2024.LNG trading results were in line with expectations for 2025 while gas trading encountered the unexpected downtur