TotalEnergies Q2 2025 profit fell by 29% to $2.7 billion as oil prices declined, despite higher output and strong performance across energy sectors

TotalEnergies Q2 2025 profit fell sharply even as the French energy group increased output during the period, reflecting the impact of weaker global oil and gas prices.

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Net profit for the second quarter slumped by 29 percent year-on-year to $2.7 billion, the company revealed on Thursday.

Yet, TotalEnergies described its performance as “robust,” citing strength across its multi-energy strategy and continued production growth.

Despite falling oil prices, revenue dropped by just 7.6 percent to $49.6 billion, outperforming Brent crude’s 10 percent decline over the same period.

A 2.5 percent rise in output to 2.5 million barrels of oil equivalent per day helped cushion the blow.

“TotalEnergies delivered robust financial results in the second quarter,” said Chief Executive Patrick Pouyanné.

“The company continued to successfully execute its balanced multi-energy strategy, supported by sustained growth in hydrocarbon and electricity production.”

The group confirmed a second interim dividend of €0.85 per share, marking a 7.6 percent year-on-year increase.

It also announced up to $2 billion in share buybacks for the current quarter, reinforcing investor confidence despite the earnings decline.

TotalEnergies remains focused on maintaining output growth and expanding across both hydrocarbon and electricity markets.

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The quarterly results signal resilience amid global price volatility and strategic consistency in navigating energy transitions.