Total beats expectations with Q1 profit as oil prices recover

Thursday, 29. April 2021 08:20

French oil and gas company Total SE announced on Thursday its adjusted net income in the first quarter of 2021 surged 69% on the year to $3 billion amid a recovery in oil prices.

However, the company warned that oil markets remain "volatile" and hinge on a recovery in global demand for crude.

Meanwhile, Total said that it will maintain its interim dividend stable at €0.66 per share.

Related Links: TotalEnergies SE
Author:
Breaking the News / JC