TotalEnergies expects third-quarter 2026 refining and chemicals cash flow to rise $2 billion sequentially, supported by 10% higher throughput. It forecasts production of 2.45 million–2.5 million barrels of oil equivalent per day and Integrated Power cash flow of $750 million–$800 million.
TotalEnergies expects third-quarter 2026 refining and chemicals cash flow to increase $2 billion from the previous quarter, supported by a 10% rise in throughput. Hydrocarbon production is forecast at 2.45 million–2.5 million barrels of oil equivalent per day, with growth exceeding 4% excluding Middle East impacts versus the third quarter of 2025.
Integrated LNG earnings are expected to rise sharply, driven by a 20% quarterly increase in average LNG prices and strong trading performance. Integrated Power cash flow is projected at $750 million–$800 million, benefiting from a full-quarter contribution from the TTEP joint venture, while the company anticipates a positive working capital contribution of around $3 billion.
