TotalEnergies made $9.9 billion of net profits in the third quarter

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PARIS (Reuters) – TotalEnergies posted a sharp jump in in its third quarter net profits compared to a year ago, as it joined other energy giants in its sector to have benefited from higher oil and gas prices.

TotalEnergies’ third quarter adjusted net income stood at $9.863 billion. That compared to an adjusted net income of $4.769 billion for the 2021 third quarter, while that figure stood at $9.796 billion for the 2022 second quarter.