Professor Glenn A. Okun
TotalEnergies (TTE): TotalEnergies’ profit rose in the third quarter of the year boosted by higher oil prices and refining margins. It increased its dividend for the third quarter.
It generated net profit of $6.68 billion compared with $6.63 billion in the same period last year and $4.09 billion in the second quarter. TTE’s earnings of $6.45 billion beat earnings estimates of $6.18 billion.
The board declared a third 2023 interim dividend of 0.74 €/share, an increase of 7.25% compared to the dividends paid for the same period last year.
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