EnergyWatch

Total CEO: Strong result is helped by Qatar field

Total's CEO highlights the company's superiority over its competitors when it comes to earnings, after a strong end to the year and the decision to increase shareholder returns.

It might seem strange that a company would boast about its earnings after taking a 21 percent decline. However, when looking at the market overall, it certainly does seem that the French company Total is faring much better than its competitors.

The company launched the presentation of its annual report by stating that an adjusted net income of USD 8.3 billion had "the highest profitability among the majors."

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