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24.03.26 - 19:30
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TotalEnergies EP Gabon: 2025 Financial Results (Business Wire)
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PORT-GENTIL, Gabon--(BUSINESS WIRE)--Regulatory News:
The Board of Directors of TotalEnergies EP Gabon (Paris:EC), meeting on March 24, 2026, under the chairmanship of Mike Sangster, chairman of the Board of Directors, approved the Company's financial statements for 2025 financial year.
In 2025, the Company demonstrated its resilience in a less favorable market environment. It reported a net income of $46 million and a cash flow from operations, after the payment of 2023 complementary dividend ($320 million), of -$103 million, compared to $91 million and $312 million respectively in 2024. Crude oil production related to TotalEnergies EP Gabon's interests amounted to 16 kb/d, a slight decrease compared to 2024, mainly due to planned shutdowns on Anguille and Torpille sites. However, the Company recorded a 7% increase in crude volumes sold, reaching 6.1 million barrels in 2025 versus 5.7 million barrels in 2024, thanks to optimized stock management.
The Board of Directors, considering the Company's resid...
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