REG-TotalEnergies SE Trading Statement

TotalEnergies SEAnnouncement

15/10/2021 08:05

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Trading Statement

 

TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE):
                                          3Q21    2Q21    1Q21    4Q20    3Q20  
 €/$                                      1.18    1.21    1.20    1.19    1.17  
 Brent                        ($/b)       73.5    69.0    61.1    44.2    42.9  
 Average liquids price*       ($/b)       67.1    62.9    56.4    41.0    39.9  
 Average gas price* ((1))     ($/Mbtu)    6.33    4.43    4.06    3.31    2.52  
 Average LNG price** ((1))    ($/Mbtu)    9.10    6.59    6.08    4.90    3.57  
 Variable Cost Margin,        ($/t)       20.5    10.2    5.3     4.6     -2.7  
 European refining***                                                           


* Sales in $ / Sales in volume for consolidated affiliates (excluding stock
value variation).

** Sales in $ / Sales in volume for consolidated and equity affiliates
(excluding stock value variation).

((1)) Does not take into account gas and LNG trading activities, which results
are expected to be significantly higher compared to the second quarter 2021.

*** This indicator represents the average margin on variable costs realized by
TotalEnergies’ European refining business (equal to the difference between
the sales of refined products realized by TotalEnergies’ European refining
and the crude purchases as well as associated variable costs, divided by
refinery throughput in tons) - 3Q21 data restated in 2Q21 environment for
energy costs.

____

Disclaimer

Data is based on TotalEnergies’ reporting and is not audited.

To the extent permitted by law, TotalEnergies SE disclaims all liability from
the use of the main indicators.



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