Economic Observation Network Total's performance improved in the first quarter of 2026, optimizing its crude oil trading strategy and collaborating with related companies to layout supercomputing projects to promote energy digital transformation.

Crude oil trading strategy:
The CEO of Total Energy revealed that its traders, after observing the US military gathering in the Persian Gulf in February, bought a large amount of Middle Eastern crude oil against the trend in March, successfully predicting geopolitical risks 。

Performance and business situation:
According to the company's first quarter financial report for 2026 (released on May 7th), the adjusted net profit reached 5.4 billion US dollars, a year-on-year increase of 28.7%; Operating cash flow of $8.6 billion The company announced a 5.9% increase in its mid-term dividend to 0.90 euros per share, leading the way among major oil companies in terms of growth rate 。

Company project promotion:
The company announced a joint investment of over 100 million euros with Nvidia and Dell Technologies to build the new generation supercomputer Pangea 5, which will increase computing power by six times and be used for underground imaging, AI research, and complex power system modeling, marking its transformation into a comprehensive energy operator and deep digitalization 。

The above content is based on publicly available information and does not constitute investment advice.