TotalEnergies earned EUR 11 billion in the first half of 2026.
78% confidence
EconomyFrance
Omissions
TotalEnergies reports its results in US DOLLARS, not euros. The '11 billion' figure corresponds to USD 11.2 billion net income (group share) for H1 2026; the MEP presented it as '11 billion euros', which overstates the euro-denominated amount (roughly EUR 9.5-9.7 billion at prevailing exchange rates).
The claim's causal framing ('simply grâce à la guerre en Iran') is an oversimplification: TotalEnergies attributed the increase to higher oil prices and strong refining margins amid the Middle East conflict, but other segments (LNG, power, trading) also contributed.
The 11.2 billion refers to NET INCOME (group share); the company also reported ADJUSTED net income of about USD 11.4 billion, a different metric.
The Q2 2026 comparison base was unusually low (USD 2,687 million net income in Q2 2025), which amplifies the reported 72%/67% increase.
PrimaryTotalEnergies SE — SEC Form 6-K (2026-06-30) results exhibitNet income (TotalEnergies share) was $5,438 million in the second quarter of 2026 compared to $5,810 million in the first quarter of 2026 and $2,687 million in the second quarter of 2025.
SecondaryLe Monde (English edition)TotalEnergies nets $11.2 billion profit in six months amid Middle East war — 'The oil giant reported a 72% jump in net income for the first half of 2026, benefiting from soaring crude oil prices.'
SecondaryReutersTotalEnergies Q2 profit up 67% on higher oil price and strong refining margins; 'That compares with $3.6 billion in the second quarter of 2025 and $5.4 billion in the first quarter of 2026.'
SecondaryEnergy News (energynews.pro)TotalEnergies reports $11.4 billion in adjusted net income for the first half of 2026 — 'Sharply higher half-year earnings'.