TotalEnergies EP Gabon
2023 Financial Results - Seite 2
M$
444
521
655
-15%
Funds generated from operations (6)
M$
226
225
339
-
Net investments
M$
86
101
65
+55%
Net income
M$
26
340
33
-92%
(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. |
|
(2) |
kb/d: Thousand barrels per day (excluding gas production). |
|
(3) |
Sales volume excludes profit oil reverting to the Gabonese Republic as per production sharing contracts, these barrels being handed over in kind to the host state. |
|
(4) |
Mb: Million of barrels. |
|
(5) |
Revenue from hydrocarbon sales and services (transportation, processing and storage), including profit oil reverting to the Gabonese Republic as per production sharing contracts. |
|
(6) |
Funds generated from operations are comprised of the operating cash flow, the gains or losses on disposals of assets and the working capital changes. |
2023 Results
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Selling price
Over 2023 year, the average Brent price reached $82.6/b, down 18% compared to 2022 year ($101.3/b). In this environment of bearish oil prices, the average selling price
of the quality of crude oil marketed by TotalEnergies EP Gabon amounted to $77.5/b in 2023, down 18% compared to 2022 ($94.2/b).