-+ 0.00%
-+ 0.00%
-+ 0.00%
TotalEnergies EP Gabon Q2 FY26 net income drops 87% to $6 million; revenue rises 13% to $111 million vs Q1 FY26
Share
Listen to the news
TotalEnergies EP Gabon Q2 FY26 net income drops 87% to $6 million; revenue rises 13% to $111 million vs Q1 FY26
  • TotalEnergies EP Gabon posted Q2 2026 net income of $6 million, down 87% from Q1 on stock-position swings and higher charges.
  • Cash flow from operations swung to $50 million from a $4 million outflow in Q1, helped by working-capital gains and higher revenue.
  • Revenue rose 13% to $111 million versus Q1, tracking a 7% increase in average realized crude price to $100.2 a barrel.
  • Operated crude production fell 7% to 15 kb/d, citing field decline and shutdowns for integrity work on export and gas pipelines.
  • For H1 2026, net income more than doubled to $51 million as cash flow from operations swung to $46 million despite a 4% revenue dip.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies EP Gabon SA published the original content used to generate this news brief via Business Wire (Ref. ID: 202608271351BIZWIRE_USPR_____20260827_BW738651) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending