Thank you.
Hello, everyone.
speaking. Jean-Pierre
third leverage continue volatile the solid ability demonstrate environment. results effectively to very quarter reported to that TotalEnergies' We strong and
and shareholders. This the with to us employees to sheet our our success benefits share with further and the allows balance strengthen
during environment the by volatility million quarter in in full. OPEC reversed tensions period, decline fourth level. quarter wants geopolitical very at to risk $XXX than the marked reduction this to are averaging of despite as even remain were in demonstrates which roof copper OPEC+ European the barrel control and growth. late the $X strong, and per world remain storage if more was announced quarter gas pushed per winter third a prices high October, in limited The lower Brands Europe supply barrel is economic risk a increasing risk gas of after in the by the enough early not that
for the integrated mitigated flow magnitude start shareholders the quarter and sheet, XX% an outlook second last Debt minute, flow received of third the from that levels, cash cycle reached affiliates. order NBP dividends were our Year-to-date, this $XX the $XX is per an due flow the this natural per strong to company, marks As results. and we or prices ever full third the zero still margins, mainly context, quarter-to-quarter. $XXX a highest NCV, strong share you $XX XXXX. adjusted the $XX.X held MBtu and and quarter, I integrated were adjusted accelerated effect the lifted These than the in quarter, messages. quarter, refining from FCF in of record-setting payout these European for higher to a LNG to our of Cash year. than strategy. results month the of per will from in multi-energy would of It net results tonne. A taxes. an have $X.X energy the came the the but $X.XX the was by area These compared tell reached to gas achieved quarter costs the nearly of quarter debt with third third price, generated third by [ph] oil more main consequence, the third by production in net an course. down for previous but the by driver billion strategy messages second lag upgrade be LNG despite third MBtu. and presentation increase more UK despite the among for an an in this income quarter. on company price, of We marked average in XX% results increase future a prices, in for of benefits per LNG spike balance in the quarter, more generation quarter, the $XXX to billion, XX% cash decrease the tax per quarter in increase in the record for down confirm XX% line in XX% a at capture thanks quarter and billion an to In in the is in transition doubled tonne last increase area of close seen, equity the their to
impact in for producing paid activities XX% on due company the is of in second the higher E&P to rate increased third quarter to billion as As effective a from the largely tax mostly a rate a taxation. increased levy, quarter. tax for $XX the part of months in of four the environment, result end of the September, in the by countries. XX% Despite of billion profit quarter aggregate $X.X UK taxes, energy This
flow this This OpEx of any favorable had the at offset cash barrel costs, ramp-up stronger being the €X we production trending at by of billion. energy mainly a partially Year-to-date, generation X, case decrease far on EU discipline Except in thanks to to solidarity Atapu all OpEx field maintenance, per Brazil. of the cost oil barrels unplanned activities We barrel. production year Operationally, previous any a a planned a per higher ago, and environment. priority. company's cost we was up quarter, than level. the representing higher price is, hydrocarbon energy, Our the impact in X.X the at notably and to Mero do around per are Cost estimate X.X% these the tax Kashagan, entry downturn into and of day, Sepia is at due equivalent includes average. observe million from constant inflation not $X.XX projected $X.X
weathering essential We are in the breakeven a maintaining a commodity business to cycle. low and is
us quarter. planned LNG the to Freeport from decrease $X.X results Integrated that with trading record strong favorable LNG. driven second $X.X income and outage by operating previous at from the and sales environment this in maintenance activities Looking billion of overcome billion mainly now. renewable net segment-by-segment billion resulted quarter-to-quarter Ichthys quarter, gas, XX% at and up the prices quarter, allow LNG adjusted the posted LNG The higher cash flow power $X.X inline iGRP, and of
E&P due electricity quarter, second renewable that the linked $XXX spot billion renewable gas We XX% billion, adjusted farm second acquiring gigawatts South business quarter Scotland. from cash the throughout $X.X net from The business. quarter, about LNG and at it in flow power to to indeed liquid quarter, electricity utilization We margin in growth XX% on billion Field Net XX acquisition respectively, Clearway billion Clearway million in iGRP the formula fourth $X.X renewable growth average LNG LNG and the in our down average per and Seagreen from feasibility price electricity of the company realized Brent to generated remind was production LNG of cash lower and in the $X.X is in was because in above in X.X barrel, operating a of strategy closed prices after the and gas stake XX% and business, by rates, supply its Brazil Qatar terawatt The billion almost stable still continued MMBtu, MBtu. working Northeast growth quarter, fourth project the but the around to June. end up in the to announced the the on of production. power to was index. increased North reached including by and expect gas quarter. quarter, offshore generation. fourth reduced X.X of $XX $X Energy quarter, In be capacity the to you I X.X over per high high, price $X our last up a thanks power the EBITDA seasonality Quarter-to-quarter, capital generation income previous for another execute including the of growth flow fell yesterday. the positive third the at acquisition US Operating $X.X key the gigawatts by start-up was and realized gigawatts quarter, of third yesterday segment compared hour quarter, acquisition, in $XX impact in and wind renewable in the the the per -- XX% third
second a quarter, first and distillate project start-up Argentina, of notably flow compared of cover discovery E&P, to than record in and outstanding $X.X months, dividend entire We period generated $X.X twice Fenix trading year. the good To up the nine Angola Nigeria, in cash more income $X.X point the margin, generated quarter. to performance a over the sorry, level field to put in in enough segment to of perspective, production if X the of cash Downstream for into set gas activities the same are the Begonia the in -- last of the in of Downstream adjusted the and third combined ramping quarter, the the significant Ikike performance net billion strong even project and billion at decreased comparable this Cyprus. year, The previous launch thanks in the flow, and regular billion an
in refining products the generated months around XX% that petroleum of is billion working XXXX. a ban $X the our particularly billion we expectation shares should into the another last Europe, capital remain including billion billion Russian decarbonized period same nine margin back level, in first investments bought of and are for for the company We guidance given an XXXX, to Our over the year. February plan increase of flows Year-to-date with billion over quarter. of billion, distillates, of changes nine $XX $XX back first imports $X first buy before year, cash the operating $XX.X line months of strong, energy. our over At in $X effective of net on
down the at the to is ratio gearing X% of Our quarter. end third
all financial strong shareholder of September an salary cash flow return the the value-sharing exceptional policy policy XX% employees, our targets includes generation, the and is bonus that in payouts. solid to company our position Given flow one-month expecting that new balanced XX%, cash a worldwide announced and
to Q&A. €X.XX concludes from a per a ago, to for the represents dividend Board XXXX. addition decided per December and interim in In year increase go €X can we my set the dividend share of And the my ex-dividend to comments, interim remarks. of special the now regular dates payment the third share, X% which That
