TotalEnergies SE (TTE.PA) on Wednesday reported lower earnings for the fourth quarter of 2025 compared with the same period a year earlier, reflecting a decline in sales and higher impairment charges.
The company's board authorized a $750 million share buyback programme for the first quarter of 2026.
Net income attributable to shareholders decreased to $2.906 billion, or $1.30 per share, in the fourth quarter, down from $3.956 billion, or $1.70 per share, in the same period last year.
The company recorded depreciation, depletion and impairment of tangible assets and mineral interests of $3.776 billion, compared with $2.715 billion a year earlier.
Excluding one-time items, adjusted income declined to $3.837 billion, or $1.73 per share, from $4.406 billion, or $1.90 per share, in the prior year.
Adjusted EBITDA fell to $10.066 billion from $10.529 billion in the fourth quarter of 2024.
Revenue from sales declined to $45.925 billion from $47.115 billion a year earlier. Total sales, including excise taxes, fell to $50.624 billion compared with $52.508 billion in the fourth quarter of 2024.
The company's board plans to propose a final 2025 dividend of €0.85 per share, bringing the full-year dividend to €3.40 per share, up 5.6% from last year.
The board also confirmed its 2026 share buyback guidance of $3 billion to $6 billion.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.