TotalEnergies (TTE FP) Q4 (USD): Adj. EPS 1.73 (exp. 1.75), Adj. Net Income 3.84bln (exp. 3.81bln), Adj. EBITDA 10.07bln (exp. 9.87bln), plans USD 750mln share buyback in Q1 and confirms FY26 share buyback guidance of around USD 15bln

• Sees Q1 production above 2.6mln BOE/D (exp. 2.61mln).

FY Guidance:

• Cash flow above USD 26bln.
• Net investments of around USD 15bln.
• 3% rise in oil and gas production.

CEO:

• “With cash flow stable at $7.2 billion, TotalEnergies once again demonstrates its ability to offset lower hydrocarbon prices thanks to accretive growth in its Upstream production of 3.9% in 2025, exceeding the guidance of above 3%."