Total: Main Indicators

PARIS--(BUSINESS WIRE)-- 

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

Note: A new indicator, the "Average LNG price", has been introduced from 1Q20 to allow a better understanding of the integrated Gas (iG) performances. It represents the selling price of LNG equity production.

2019 quarterly data are provided.

	€/$	Brent	Average liquids price*	Average gas price*	Average LNG price**	Variable Cost Margin, European refining***
		($/b)	($/b)	($/Mbtu)	($/Mbtu)	($/t)
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
Third quarter 2019	1.11	62.0	58.0	3.48	5.93	47.4
Second quarter 2019	1.12	68.9	63.7	3.82	5.69	27.6
First quarter 2019	1.14	63.1	58.7	4.51	7.20	33.0

* 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.