TotalEnergies EP Gabon

Quarterly Financial Information

Regulatory News:

TotalEnergies EP Gabon (Paris:EC):

Main Financial Indicators

 

Q1 23

Q1 22

Q1 23

vs

Q1 22

Average Brent price

$/b

81.2

102.2

-21%

Average TotalEnergies EP Gabon crude price ⁽¹⁾

$/b

74.3

97.4

-24%

Crude oil production from fields operated by TotalEnergies EP Gabon ⁽³⁾

kb/d ⁽²⁾

16.2

16.5

-2%

Sales volumes by TotalEnergies EP Gabon ⁽⁴⁾

Mb ⁽⁵⁾

1.32

1.85

-29%

Revenues ⁽⁶⁾

$M

105

188

-44%

Funds generated from operations ⁽⁷⁾

$M

58

30

+93%

Capital expenditure

$M

24

6

x4

Net income

$M

22

21

+5%

(1)

The crude price calculation excludes profit oil reverting to the Gabonese Republic as per production sharing contracts, these barrels being handed over in kind to the host state.