TotalEnergies EP Gabon 2025 Financial Results

TotalEnergies EP Gabon, under the chairmanship of Mike Sangster, approved its financial statements for the 2025 fiscal year. With a net profit of $46 million, the company demonstrated resilience despite a challenging market. Revenue for 2025 is projected at $418 million, a 10% decrease compared to 2024, due to the drop in crude oil prices.

Crude oil production declined by 6%, reaching 16,000 barrels per day. Crude oil sales volumes, however, increased by 7%, thanks to efficient inventory management. Operating cash flow was negative at -$103 million, impacted by a special dividend paid at the beginning of the year. Nevertheless, the absence of debt strengthens the company's financial position.

The Board proposed a regular dividend of $22.22 per share. Investments, focused on maintenance and reducing gas emissions, remained at $62 million.