TotalEnergies SE Ordinary Shares (TTE) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to Total Energy's third quarter 2025 results conference call. At this time, all participants are in listen-only mode. After the speech, there will be a question and answer session. To ask a question during the session, you will need to press star and 1 on your telephone. I must advise you that this conference is being recorded today on the 30th of October 2025. Thank you for holding. The conference will begin shortly. Right after this message, please clearly announce your first name, surname, and cite your company name. Thank you. Thank you. Thank you. Ladies and gentlemen, welcome to Total Energy's third quarter 2025 results conference call. I now hand over to Patrick Pouyanné, Chairman and CEO, and Jean-Pierre Sbrer, CFO, who will lead you through this call. Sir, please go ahead. Good afternoon. Good morning, everyone. Before Jean-Pierre goes through the details of the third quarter results, I would like to make a few opening comments. Almost exactly one month ago, we updated you for strategy during our Capital Markets Day in New York, and we had four key messages, consistency and resilience of our two-pillar strategy, strong and secure production growth in our oil and gas business, a creative cash flow generation, and capital discipline. I believe that this company has strong third quarter results, but again Jean-Pierre will detail with you, perfectly illustrates these key catalysts and highlights the value proposition of a consistent and profitable growth model. The strategy is still in motion and is translating into more cash flow, even in a more challenging environment. Indeed, despite oil pricing dropping by more than $10 per barrel year on year, the cash flow for the third quarter increased by 4%, and adjusted net income for the ...