TotalEnergies' Earnings Per Share to Get Boost From Higher Prices -- Market Talk

Dow Jones
06/10

1356 GMT - TotalEnergies will get a boost from higher oil and gas prices, Baader's Frederic Lorec writes as the brokerage upgrades its earnings per share expectations for 2026 and 2027. For 2026 it now expects $13.5 per share, compared with $7.36 previously. For 2027 it raises it EPS expectations to $10.1 from $7.74. The earnings upgrade is partly offset by higher capital expenditure and an elevated 39.1% effective tax rate, the analyst adds. Shares rise 0.7% to 77.01 euros. (adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

June 10, 2026 09:56 ET (13:56 GMT)

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