TotalEnergies Profit Doubles as War Boosts Refining and Trading

1 billion in third-quarter adjusted net income, doubling earnings from a year earlier amid historically high refining margins, higher oil and gas prices, and strong oil and LNG trading. 1 billion, up by 51% from the $6 billion profit for the second quarter, and 127% higher than the $4 billion booked for the third quarter of 2025.

3 billion. Earlier this month, TotalEnergies said it expects strong earnings, as the Middle East conflict has driven up refining margins and LNG prices, with downstream results and cash flow expected to reach exceptional levels. 3 billion for the third quarter, a sharp increase quarter-to-quarter,” CEO Patrick Pouyanné said in the full earnings release today.