TotalEnergies SE (TTE) Earnings Call Transcripts

TotalEnergies SE's Latest Earnings Call - May 29, 2026

In the first quarter of fiscal year 2026, TotalEnergies SE reported a net adjusted income of $15.6 billion, exceeding expectations and reflecting a strong performance amid a challenging geopolitical backdrop. Revenue reached $27.8 billion, driven by a 4% growth in production, surpassing the forecast of 3%. Management maintained its dividend policy, proposing a 5.6% increase to €3.40 per share, while also signaling continued commitment to share buybacks, aiming for $1.5 billion in Q2 2026.

Reported metrics

Guidance from management

TotalEnergies confirmed its commitment to a robust dividend policy and share buybacks, with a target of $1.5 billion in Q2 2026. The company aims to continue its strategic focus on integrated power and sustainability initiatives, while navigating geopolitical challenges.

What management said

You very much Jean-Pierre. We're now going to give the floor to Mr. Yvon Salaun from E&Y, who will present to you on behalf of the Board of various reports prepared by our auditors. It is recorded.

[Interpreted] Thank you, your auditors for your work. I will now give the floor to Jacques Aschenbroich, your Lead Director, who will discuss the balance governance of your company.

What analysts pressed on

Analysts expressed concerns regarding the geopolitical risks in the Middle East and their potential impact on production. Questions also arose about the company's ability to maintain its growth trajectory amid these uncertainties, particularly in relation to its operations in the region.

Main topics on the call

• Production Growth — TotalEnergies achieved a production growth of over 4% in 2025, exceeding the anticipated 3%. CFO Jean-Pierre Sbraire noted, "the growth of production in 2025 was greater than what we anticipated," highlighting the compan...
• Dividend Increase — The board proposed a dividend of €3.40 per share, a 5.6% increase from the previous year. This reflects a commitment to returning value to shareholders, with Sbraire stating, "the dividend will have grown by more than 30...
• Cost Management — TotalEnergies maintained a competitive production cost of $5 per barrel, the lowest among peers. Sbraire emphasized, "we continue to be the leader in cost per barrel," which positions the company favorably in fluctuating...
• Strategic Acquisitions — The company has been active in M&A, with $8 billion in asset recycling during 2025. This includes significant acquisitions in renewable energy, as noted by Sbraire, who stated, "we had a significant amount for acquisitio...

Read the full TotalEnergies SE transcript (May 29, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 46 TotalEnergies SE earnings call transcripts on record, spanning February 6, 2020 to July 23, 2026. Based on this history, TotalEnergies SE reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TTE

Exchange

ENXTPA

Country

FR

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

46

First call

February 6, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly