The oil and energy group Totalenergies earned significantly more in the past year. The French benefited from the sharp rise in oil and gas prices.
For the year as a whole, profit rose by 28 percent to $20.5 billion, as the group announced in Paris on Wednesday. In the final quarter, billions in write-downs for the withdrawal from a Russian gas company weighed on the results.
Adjusted for special effects, the energy giant was able to double its profit to a record $36.2 billion. The board of directors wants to pay the shareholders a surprisingly high final dividend of EUR 0.74, so that the regular distribution increases to EUR 2.81. A special dividend of one euro was paid out in December.
Totalenergies also announced a $2 billion share buyback for the current first quarter.
