Total beats Q1 expectations

INPEX'S Ichthys partner Total posted a $US2.6 billion ($A3.25 billion) March quarter adjusted net profit – down 22% year-on-year but still ahead of analyst expectations in the wake of the oil price downturn.

Total beats Q1 expectations Total beats Q1 expectations Total beats Q1 expectations Total beats Q1 expectations Total beats Q1 expectations

The result was above an average analyst estimate of $2.05 billion in net adjusted profit which was revealed by Thomson Reuters research.

Production reached nearly 2.

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