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TotalEnergies is doing well in trading liquefied natural gas because of problems in the Strait of Hormuz.

ResultsRead the original at Benzinga
Good for TTE

TotalEnergies expects stronger results and cash flow from LNG, refining, and power, plus faster production growth. Conflict-related outages affect some production, and lower oil prices could trim gains, but strength across several businesses supports a favorable outlook.

TTE · TotalEnergies SE

AI read · Good for TTE

The AI's read

Stronger results across several businesses could bring TotalEnergies more cash. Production is also expected to grow faster than its yearly target, excluding conflict-related disruptions. Those disruptions still affect about 5% of production, and lower oil prices could trim some gains. The expected strength across LNG, refining, and power outweighs those stated risks.

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