Total: beast consensus in Q3
(CercleFinance.com) - Total has reported Q3 2018 adjusted net income that is up 48% at 4 billion dollars, meaning EPS of 1.
47 dollar, while the consensus was expecting just 1.20 dollar.
"Oil prices have risen 44% to 75 dollars a barrel, supported by supply and geopolitical tensions," said Chairman and CEO Patrick Pouyanné, while hydrocarbon production increased by 8.6% to 2.8 million barrels of oil equivalent per day.
The head the French energy giant also highlights cash-flow (DCAF) that is up 37% at 7.5 billion dollars, with a return on equity that has reached 11.9% over the last twelve months.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
47 dollar, while the consensus was expecting just 1.20 dollar.
"Oil prices have risen 44% to 75 dollars a barrel, supported by supply and geopolitical tensions," said Chairman and CEO Patrick Pouyanné, while hydrocarbon production increased by 8.6% to 2.8 million barrels of oil equivalent per day.
The head the French energy giant also highlights cash-flow (DCAF) that is up 37% at 7.5 billion dollars, with a return on equity that has reached 11.9% over the last twelve months.
Copyright (c) 2018 CercleFinance.com. All rights reserved.