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2/6, 8:13 AM (Source: TeleTrader)
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Total's net income at $3.17B in Q4

French oil and gas titan Total S.A. said on Thursday its net income in the fourth fiscal quarter of 2019 amounted to $3.17 billion, unchanged from the year prior. Earnings per share came in at $1.19, marking a modest 1% rise compared to the fourth quarter of 2018. Fourth-quarter dividend amounted to €0.68 per share, 6% higher than in 2018, the company noted.

Meanwhile, EPS for the whole of 2019 landed at $4.38 on net income of $11.83 billion.

"In 2019, the Group generated cash flow of $28.5 billion, strong growth of $2.4 billion compared to 2018, thanks to a positive contribution from all segments," CEO Patrick Pouyanne said. "This performance was achieved despite the drop in oil prices of 10% and European gas prices of 38%, or a price environment down on average by about 20%," he added.

Breaking the News / GG