TotalEnergies reported on October 29 that third-quarter adjusted net income reached $9.1 billion, up 51% from the preceding quarter, and announced additional shareholder returns.
The board authorized $2.5 billion in share buybacks for the fourth quarter of 2026 and another $2.5 billion for the first quarter of 2027. It confirmed a third interim dividend of €0.90 a share for fiscal 2026.
Reuters reported that adjusted profit increased 127% from a year earlier and exceeded the $8.3 billion average forecast in an LSEG poll of 12 analysts. That comparison differs from the company’s sequential growth figure: one measures the change from 2025, the other from the preceding quarter.
The company reported net income of $8.3 billion, separate from its adjusted measure. Cash flow from operations excluding working-capital movements was $12.3 billion, compared with $9.8 billion in the second quarter.
Oil and gas production averaged 2.474 million barrels of oil equivalent daily, up more than 3% sequentially. TotalEnergies said refining margins and stronger gas-market conditions supported its results.
The company’s gearing ratio fell to 9.1% from 13.1% at June 30. Net investments reached $11.2 billion over the first nine months, against an annual guidance figure of $15 billion. The investment guidance and repurchase authorizations concern future spending, rather than transactions already completed.
Sources: TotalEnergies regulatory results via Business Wire — https://www.businesswire.com/news/home/20261029575258/en/TotalEnergies-SE-Third-Quarter-2026-Results Reuters — https://www.reuters.com/business/energy/totalenergies-third-quarter-profit-up-127-2026-10-29/