TotalEnergies posts 51% jump in Q3 adjusted profit, raises dividend and announces $2.5 bn buyback

TotalEnergies reported adjusted net income of $9.1 bn for Q3 2026, a 51% increase year‑over‑year, driven by record refining margins and higher gas prices. Earnings per share rose to $4.03 and gearing fell to 9.1% by quarter‑end. The board approved a $2.5 bn share‑repurchase programme for Q4 2026 and Q1 2027 and confirmed a €0.90 interim dividend, about 5.9% higher than the prior year.

The company’s strong cash generation supports a higher dividend and a sizable buyback, returning capital to shareholders. Lower gearing improves the balance sheet, reducing financial risk for investors.

  • 1Adjusted net income was $9.1 bn, up 51% from the prior quarter.
  • 2Adjusted earnings per share were $4.03.
  • 3Gearing fell to 9.1% at the end of Q3 2026.
  • 4The board authorized a $2.5 bn share‑buyback covering Q4 2026 and Q1 2027.
  • 5An interim dividend of €0.90 per share was declared, a 5.9% increase year‑over‑year.
  • 6Production growth of more than 3% year‑over‑year is expected for Q4, excluding conflict impacts.

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