Q1 2023 TotalEnergies SE Earnings Call Transcript
Ladies and gentlemen, welcome to TotalEnergies' First Quarter 2023 Results Conference Call. I now hand over to Patrick Pouyanné, CEO; and Jean-Pierre Sbraire, CFO, who will lead you through this call. Sir, please go ahead.
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Hello, everyone. Good morning or good afternoon, wherever you are. I'm here today together with Jean-Pierre will give you, I would say, a review of a very good quarter that we had on the first quarter of 2023. I just wanted as an introduction to comment of the news which came this morning around about the future of our Canadian assets. As you know, we explained that in September at our CMD, we are planning to organize the spin-off of our Canadian assets.
We went through the process and in the meantime because fundamentally, I think we are very serious about making this spin-off a reality. We attracted some unsolicited offers in the last months. And one of them has materialized, and I think the value which is quite attractive, CAD 5.5
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