TotalEnergies Fourth quarter and full-year 2021 results
Net income for the quarter was $5.8bn.
TotalEnergies reported net income of $16 billion. compared to$7bn in losses in 2020.
The company reported cash flows of $30.7 billion for 2021 and adjusted EBITDA of $42.3bn.
Chairman Patrick Pouyanne noted: “In the fourth quarter, oil prices continued to rise, up 9% compared to the previous quarter, while gas prices in Europe and Asia, driven by increasing demand, hit all-time highs above $30/MMBtu and sent European prices to record levels.
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The Board of Directors of TotalEnergies SE, meeting on February 9, 2022 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, approved the following decisions:
1. Dividend for the 2021 financial year
The Board decided to propose at the Shareholders’ Meeting to be held on May 25, 2022, the distribution of a final dividend of €0.66/share for the 2021 financial year, the same amount as the three interim payments paid for the 2021 financial year.