Regulatory News:

 

TOTAL (Paris:FP) (LSE:TTA) (NYSE:TOT):

 
                                                       Variable 
                                                       Cost 
                          Average  Average   Average   Margin, 
                          liquids  gas       LNG       European 
            EUR/$  Brent  price*   price*    price**   refining*** 
                   ($/b)  ($/b)    ($/Mbtu)  ($/Mbtu)  ($/t) 
Fourth 
 quarter 
 2020       1.19   44.2   41.0     3.31      4.90      4.6 
Third 
 quarter 
 2020       1.17   42.9   39.9     2.52      3.57      -2.7 
Second 
 quarter 
 2020       1.10   29.6   23.4     2.61      4.40      14.3 
First 
 quarter 
 2020       1.10   50.1   44.4     3.35      6.32      26.3 
Fourth 
 quarter 
 2019       1.11   63.1   59.1     3.76      6.52      30.2 
 

* Sales in $ / Sales in Volume for consolidated affiliates (excluding stock value variation).

** Sales in $ / Sales in Volume for consolidated and equity affiliates (excluding stock value variation).

 

*** This indicator represents the average margin on variable costs realized by Total's European refining business (equal to the difference between the sales of refined products realized by Total's European refining and the crude purchases as well as associated variable costs, divided by refinery throughput in tons).

Disclaimer: Data is based on Total's reporting and is not audited.

 

To the extent permitted by law, TOTAL S.A. disclaims all liability from the use of the main indicators.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20210114006103/en/

 
    CONTACT: 

TOTAL

 
    SOURCE: TOTAL 
Copyright Business Wire 2021 
 

(END) Dow Jones Newswires

January 15, 2021 02:36 ET (07:36 GMT)

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