French oil major TotalEnergies saw its full-year adjusted net income fall 21% to $18.3 billion in 2024, driven by lower crude prices and weaker fuel demand. Despite this, the company announced a 7% dividend increase and confirmed $2 billion in share buybacks per quarter for 2025.
French oil major TotalEnergies posted full-year 2024 adjusted net income of $18.3 billion, reflecting a 21% fall from $23.2 billion a year earlier.
TotalEnergies announced a 7% increase in the 2024 dividend to 3.22 euros per share and confirmed $2 billion of share buybacks per quarter in 2025.on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand.Analysts had expected TotalEnergies' full-year 2024 adjusted net income to come in at $18.2 billion, according to an LSEG-compiled consensus.
ENERGY PROFIT DIVIDEND SHARE BUYBACKS OIL PRICES
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