3Q24 results highlight the dual narrative in TotalEnergies’ strategy: building a peer-leading renewables and power business in both scale and profitability, while also securing the top position in upstream and LNG growth ambition.

Accela reviews the 2025 engagement priorities and 2Q 2024 results transition performance, all in one easy-to-read document.

TotalEnergies once again demonstrated the successful build-out of its Integrated power segment in 2Q. The company has now surpassed earnings of $500m for the last 4 quarters for the segment.

TotalEnergies 1Q24 results showed strong results for its Integrated Power segment, with earnings up 65% and capex accounting for 47% of group net investments.

TotalEnergies is in a balancing act, expanding into electricity to adapt to electrification while simultaneously refining its oil and gas operations to stay competitive in a declining industry.

TotalEnergies is a tale of two stories: strong renewable ambitions, but growing volumes in gas to FY30.

Oil and gas production holding back emissions performance despite strong renewables.