US Stocks Movement | Total rises over 2% pre-market as Q2 adjusted net profit increases by 68% year-on-year
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```htmlGolden Ten Data July 23|TotalEnergies (TTE.US) is up 2.38% in pre-market trading, at $86.932. According to reports, TotalEnergies stated that due to the Middle East conflict driving up crude oil and refined product prices, offsetting the decline in profits from its natural gas business, the company's adjusted net profit in the second quarter increased by 68% year-on-year to $6.03 billion. This result basically meets analysts' expectations. After TotalEnergies warned last week that its integrated gas business was significantly underperforming in trading, the market had lowered profit expectations for the company. CEO Patrick Pouyanné said in a statement: "In an environment where the Middle East conflict keeps energy prices high, TotalEnergies is leveraging its integrated business model and diversified asset portfolio advantages."```
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