Total Share Discussion Threads

[waldron] 02/5/2019 17:18

FTSE 100
7,351.31 -0.46%
Dow Jones
26,192.17 -0.90%
CAC 40
5,538.86 -0.85%

Brent Crude Oil NYMEX 69.98 -3.05%
Gasoline NYMEX 2.01 -2.86%
Natural Gas NYMEX 2.57 -1.91%


(WTI) - 02/05 18:05:58
61.2 USD -3.55%


Eni
15.034 -1.21%



Total
49.38 -0.33%

Engie
13.21 +0.04%

Orange
14.105 +1.00%


BP
547.5 -0.82%


Shell A
2,453.5 +1.66%


Shell B
2,475 +1.89%

[waldron] 01/5/2019 16:59

FTSE 100
7,385.26 -0.44%
Dow Jones
26,682.33 +0.34%
CAC 40
5,586.41 +0.0% CLOSED FOR MAY 1st

Brent Crude Oil NYMEX 71.74 -0.44%
Gasoline NYMEX 2.05 -0.58%
Natural Gas NYMEX 2.62 +1.79%

(WTI) - 01/05 17:46:47
63.14 USD -0.60%

Eni
15.218 +0.0%


Total
49.545 +0.0%

Engie
13.205 +0.0%

Orange
13.965 -0.0%

BP
552 -1.25%


Shell A
2,413.5 -1.49%


Shell B
2,429 -1.44%

[the grumpy old men] 30/4/2019 19:48

Total Strikes Deal with Nigeria’s Oil & Gas Sector in Attendance are VP Osinbajo, Total CEO, Pouyanné and Minister of State for Petroleum Dr. Kachikwu
0Domestic, Economy, Foreign, News, Technology
April 30, 2019
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Total Strikes Deal with Nigeria’s Oil & Gas Sector in Attendance are VP Osinbajo, Total CEO, Pouyanné and Minister of State for Petroleum Dr. Kachikwu

Honorable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu was in attendance today as the Vice President of Nigeria, Professor Yemi Osinbajo SAN received the Chairman & Chief Executive Officer of Total, Patrick Pouyanné during a visit to the State House, Abuja.

Dr. Kachikwu applauded Total’s presence in Nigeria while name-checking the innovative #Egina project. He adjured the Group to explore the need to build a Refinery in Nigeria so as to consolidate its presence in the downstream sector.

Patrick Pouyanné in restating Total’s commitment to the long term development and the improvement of the lives of Nigerians through the provision of clean and affordable energy, reaffirmed total’s pledge to investments and continued play in the Nigerian Oil and Gas Sector.
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Posted by Tanimu

Tanimu is an Online Editor with Africa's Largest TV Network. Produces when not on Social media.

[waldron] 30/4/2019 17:08

FTSE 100
7,418.22 -0.30%
Dow Jones
26,520.8 -0.13%
CAC 40
5,586.41 +0.10%

Brent Crude Oil NYMEX 72.39 +1.19%
Gasoline NYMEX 2.07 +2.04%
Natural Gas NYMEX 2.60 +0.08%


(WTI) - 30/04 17:54:17
64.03 USD +0.80%





Eni
15.218 +0.79%


Total
49.545 +1.95%

Engie
13.205 +1.38%

Orange
13.965 -2.92%


BP
559 +1.18%


Shell A
2,450 +0.82%


Shell B
2,464.5 +0.63%

[waldron] 29/4/2019 17:02

FTSE 100
7,440.66 +0.17%
Dow Jones
26,551.59 +0.03%
CAC 40
5,580.98 +0.21%

Brent Crude Oil NYMEX 71.63 +0.00%
Gasoline NYMEX 2.04 -0.18%
Natural Gas NYMEX 2.56 -0.78%

(WTI) - 29/04 17:48:49
63.09 USD +0.43%

Eni
15.098 -1.59%

Total
48.595 -1.52%


Engie
13.025 -0.72%

Orange
14.385 +0.14%


BP
552.5 -0.65%


Shell A
2,430 -0.37%

Shell B
2,449 -0.14%

[waldron] 26/4/2019 18:34

FTSE 100
7,428.19 -0.08%
Dow Jones
26,474.85 +0.05%
CAC 40
5,569.36 +0.21%


Brent Crude Oil NYMEX 71.04 -3.52%
Gasoline NYMEX 2.02 -2.66%
Natural Gas NYMEX 2.60 +2.00%

(WTI) - 26/04 19:21:23
62.8 USD -3.34%

Eni
15.342 -1.06%



Total
49.345 -1.12%


Engie
13.12 +0.92%

Orange
14.365 +0.35%


BP
556.1 -2.32%


Shell A
2,439 -1.47%


Shell B
2,452.5 -1.74%

[adrian j boris] 26/4/2019 11:44

BARCELONA (Agefi-Dow Jones) - Total reported a stronger than expected net margin, thanks to lower operating costs and a sharp rise in production, Bernstein analysts said. Oil producers are currently facing difficult conditions as lower oil and gas prices weigh on their earnings. Still, Total's adjusted net income fell less than expected, from 4% to $ 2.76 billion, while its cash flow rose 18%. The financial intermediary continues to recommend buying the stock, which he says has a potential upside of 26% over the next 12 months. The Total share lost 0.6% to 49.59 euros.


-Nathan Allen, Dow Jones Newswires (French version Alice Doré) ed:


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


April 26, 2019 05:38 ET (09:38 GMT)

[ariane] 26/4/2019 09:05

Total SA (FP.FR) said Friday that its first-quarter earnings rose sharply, as hydrocarbon production reached record levels.

The French energy major said net profit rose to 3.11 billion euros ($3.46 billion) from EUR2.65 billion a year earlier.

Production rose 9% on year to 2.95 million barrels of oil equivalent per day, the company said.

However, adjusted net profit declined 4% to EUR2.76 billion from EUR2.88 billion, due to more expensive debt and lower prices for oil and natural gas.

Total confirmed its guidance for 2019 and said the outlook for the sector remains volatile, with uncertainty around global demand and non-OPEC supply concerns.



Write to Nathan Allen at [e-mail]



(END) Dow Jones Newswires

April 26, 2019 02:39 ET (06:39 GMT)

[waldron] 25/4/2019 18:06

FTSE 100
7,434.13 -0.50%
Dow Jones
26,468.5 -0.48%
CAC 40
5,557.67 -0.33%

Brent Crude Oil NYMEX 74.85 +0.38%
Gasoline NYMEX 2.08 +0.49%
Natural Gas NYMEX 2.55 +1.88%


(WTI) - 25/04 18:58:59
65.73 USD +0.02%



Eni
15.506 -0.28%


Total
49.905 -0.27%


Engie
13 -0.19%

Orange
14.315 +0.49%


BP
569.3 -0.16%


Shell A
2,475.5 +0.10%


Shell B
2,496 +0.10%

[florenceorbis] 25/4/2019 15:23

The Stars May Be Aligning For Total, Thanks To Several Tailwinds
Apr. 25, 2019 9:17 AM ET |
About: TOTAL S.A. (TOT)
MarketGyrations
MarketGyrations
Long/short equity, value, contrarian, Growth
(417 followers)
Summary

The price of crude oil has been volatile in recent months, and energy companies like Total have been affected as a result.

The U.S. may be trying to bring down oil, and that would be negative for Total, but it could also help the company depending on what oil producers do.

Stock prices of Total have been trending up, and there are a number of reasons why that is likely to continue.

There are several integrated oil and gas companies on the planet. One of them is Total S.A. (TOT). It has the distinction of being one of the supermajors, the sixth largest publicly-traded multinational companies active in oil and gas. While Total has declined by 7% in the last 12 months, it has done much better recently. In 2019, Total is up by 9% YTD.

Part of the reason for this mixed performance is the fact that Total is a European company and, as such, is held back by any perceived economic difficulties that Europe is currently facing. A weak economy could in theory reduce demand for energy, which in turn could affect Total. Total may be present and do business in many countries, but its European roots will follow it for better or worse.

Another important factor affecting Total was the expressed intent of the Trump Administration to cut off Iran’s ability to export oil through the use of sanctions. No oil exports from Iran means less crude oil on the market and higher oil prices as a direct consequence. The result for Total was a steady increase in its stock price alongside higher oil prices in the lead up to sanctions being implemented on Iran.

brent oil chart
Volatility in oil affects Total

However, the Trump Administration declined to proceed with sanctions as it said it would. Instead, the U.S. granted waivers to eight countries that enabled them to keep buying Iranian oil. This aggravated the weakness in crude oil, which had already come under pressure by the turmoil in the stock and bond markets. From early October to late December, oil went from roughly $85 to $50, a decline of more than 40%.

A number of major oil exporters were caught off guard by this decision from the U.S. government. Several countries had ramped up their oil production under the assumption that additional oil supplies would be needed to compensate for the absence of Iranian oil. In addition to the oil-exporting countries, big oil companies such as Total were also impacted in a negative way.

However, the Trump Administration has recently announced that waivers will no longer be granted to importers of Iranian oil. If this happens, more than one million barrels of oil will have to be replaced by other oil producers in an already tight market. Oil prices have reacted positively to this development, which in turn should also be bullish for a company like Total.
Total has executed regardless of the volatility in oil

While energy prices may have been very volatile in recent months, Total has been able to grow its earnings in recent quarters. For the whole year, operating income increased by 34% from $11936M in 2017 to $15997M in 2018. Earnings per share grew by 23% from $4.12 in 2017 to $5.05 in 2018. The table below lists the relevant numbers for Total:


Operating income


YoY change


EPS


YoY change

Q4 2018


$3885M


+16%


$1.17


+6%

Q3 2018


$4548M


+49%


$1.47


+42%

Q2 2018


$4179M


+52%


$1.31


+36%

Q1 2018


$3385M


+22%


$1.09


+8%

Source: Total

The company is set to report Q1 2019 earnings on April 26. The expectation is that Total will continue its recent streak of good results. Oil prices have been favorable thus far in 2019, and this should have helped Total. But besides the fundamental picture, there is reason to think that the technical picture may also be in favor of the company.
The charts suggest that Total is most likely to go up

The charts for Total look quite interesting. The stock bottomed in late December, which could be seen as an inverse head with a left and right shoulder. An inverse head and shoulders or head and shoulders bottom is a bullish reversal pattern. After initially declining in a downtrend, the stock reversed and started to appreciate. The uptrend continued once it broke through the neckline.

The chart may now be forming what could eventually be a cup and handle, a bullish continuation pattern. The handle is not yet complete, but it will likely do so on the back of oil rising with the prospect of much less Iranian oil in the market. The one drawback to keep in mind here is that the cup has a very sharp V-shaped bottom, which is not ideal from a technical analysis standpoint.

total chart
Total has some catching up to do

Another potential tailwind is that Total has more room to run. Total currently trades at roughly nine times forward earnings, which is lower than the other large publicly-traded supermajors as the table below indicates. Total has lagged behind its European peers on a YTD basis with only a 10% gain, the lowest in Europe. If Total is lagging behind, then there is more room for catching up.

Also working in the company's favor is its dividend yield at 5%. With the European Central Bank determined to keep interest rates low in Europe for the foreseeable future, yield will be in demand. All stocks that can offer dividends at a higher rate than bonds will be attractive in such an environment. A big company like Total that should be able to keep paying dividends fits that description.


12-month change


YTD change


Forward P/E


Dividend

Total


-6.74%


10.87%


9.03


5.00%

BP (NYSE:BP)


3.14%


18.78%


10.81


5.46%

Shell (NYSE:RDS.A) (NYSE:RDS.B)


-8.09%


11.96%


10.05


5.76%

Eni (NYSE:E)


-10.63%


11.78%


9.24


5.42%

Chevron (NYSE:CVX)


-1.46%


12.05%


14.60


3.90%

Exxon Mobil (NYSE:XOM)


4.38%


21.57%


14.94


3.96%

ConocoPhillips (NYSE:COP)


0.98%


7.39%


14.89


1.82%
The big risk for Total is the U.S. trying to bring down oil

The one big risk out there is that the Trump Administration may be trying to use the prospect of Iranian sanctions as a way of pulling down oil prices. Recall that Donald Trump has been quite vocal about the need for lower oil prices as it gives the U.S. economy a boost. He may be trying to do a repeat of what happened last year and lower the price of oil.

The threat of less oil could force oil exporters, such as Russia, Saudi Arabia and the rest of OPEC, into increasing oil production, something they have been resisting and something that Donald Trump has been asking for. The possibility exists that the U.S. is trying to use the Iran issue as a way to get more oil into the market. This would of course lower the price of oil.

Once production has been raised and more oil is available, the U.S. could simply decide not to proceed with Iran sanctions. Basically, the same scenario that occurred last year and one that helped collapsed oil prices. The key here is what Russia and OPEC decide to do in response. They may have learned a lesson from what happened in the past and decide this time around that they will not raise production until there is an actual shortage that needs to be met.

Russia and OPEC have gone through great lengths to bring balance to the oil market, and it’s hard to imagine that they will abandon all their previous efforts in a tight oil market. Assuming that this is true, then they will most likely make sure that the Iran issue does not get out of control and prices do not move much because of it. Either to the upside or to the downside.
Decision time may be near for Total

Whatever happens could have a big impact on Total. If oil production is not raised and the price of oil spikes, Total stands to benefit. But if the U.S. succeeds in bringing the price of oil down as it clearly intends to do, then Total will take a hit. It’s hard to know what will happen, but it will impact Total regardless of which way it goes.

Having said that, the company is at a crossroads. The impending earnings release could be the catalyst that propels Total upwards, but bad results could also cause it to break down. Either outcome is possible, but a number of tailwinds, including the fundamental and technical picture, point to the former as the more probable outcome.

[waldron] 24/4/2019 17:26

FTSE 100
7,468.33 -0.73%
Dow Jones
26,653.54 -0.01%
CAC 40
5,576.62 -0.27%

Brent Crude Oil NYMEX 74.44 -0.09%
Gasoline NYMEX 2.07 -0.67%
Natural Gas NYMEX 2.50 -0.08%


(WTI) - 24/04 18:12:22
65.78 USD -0.33%


Eni
15.55 -1.57%


Total
50.04 -2.30%

Engie
13.025 -2.32%

Orange
14.245 -2.60%



BP
570.2 -2.11%


Shell A
2,473 -1.90%


Shell B
2,493.5 -1.89%

[waldron] 24/4/2019 06:36

24/04/2019 | 7:27
Saft, a subsidiary of Total, announces that it has won a contract with MRS Logistica, one of the main players in the Brazilian logistics sector, to supply embedded SRX battery systems.

Designed and manufactured at the Saft factory in Bordeaux, these low-maintenance nickel technology batteries will ensure the flawless start of the fleet of diesel-electric locomotives providing freight transport services.

They will equip 58 C36 locomotives manufactured by GE Transportation for MRS Logistica. The 64 V battery systems are based on Saft SRX190 FR-PP or SRX1900P blocks, with a capacity of 190 Ah for five hours.

[waldron] 23/4/2019 17:28

FTSE 100
7,523.07 +0.85%
Dow Jones
26,687.83 +0.67%
CAC 40
5,591.69 +0.20%


Brent Crude Oil NYMEX 74.38 +0.46%
Gasoline NYMEX 2.07 -0.12%
Natural Gas NYMEX 2.50 -2.19%


(WTI) - 23/04 18:14:33
66.34 USD +0.85%


Eni
15.798 +2.37%


Total
51.22 +1.83%

Engie
13.265 -0.52%

Orange
14.485 -0.96%



BP
582.5 +2.61%


Shell A
2,521 +2.21%


Shell B
2,541.5 +2.31%

[sarkasm] 20/4/2019 19:50

Total Plans to Use Artificial Intelligence to Cut Drilling Costs
By Francois De Beaupuy
19 avril 2019 à 15:50 UTC+2
A worker inspect facilities on an upstream oil drilling platform at the Total oil platform.

A worker inspect facilities on an upstream oil drilling platform at the Total oil platform.

Photographer: Pius Utomi EkpeiI/AFP

Total SA plans to start a digital factory in the coming weeks to tap artificial intelligence in a bid to save hundreds of millions of dollars on exploration and production projects, according to an executive.

The use of artificial intelligence to screen geological data will help identify new prospects, and shorten the time to acquire licenses, drill and make discoveries, Arnaud Breuillac, head of E&P, said at a conference organized by IFP Energies Nouvelles in Paris on Friday. It will also help optimize the use of equipment and reduce maintenance costs, he said.

[sarkasm] 20/4/2019 12:15

Take forecasts about Scotland’s oil reserves with a pinch of salt
By Readers of The National
Sir Ian Wood's predictions were everywhere in the run-up to the independence referendum
Letters

Sir Ian Wood's predictions were everywhere in the run-up to the independence referendum
0 comment

IN 2014 I couldn’t pick up a newspaper or switch on the news without seeing Ian Wood gleefully telling anyone that would listen how little oil there was in the North Sea. A committed British Unionist, he astutely managed to second-guess the oil business for years, making him a billionaire.

“Salmond’;s wrong on ‘Scotland̵7;s oil’... it’s running out faster than he thinks,” screamed one headline. “The North Sea’s most eminent industry leader comes out against independence and warns rapidly depleting reserves means a separate Scotland could end up importing gas from England,” and so on, you get the message.

After obtaining his knighthood from David Cameron in 2016, he appears to have changed his stance. In February 2017, he said: “Whether there are 10 or 20 billion barrels of oil left, there is still a future in the North Sea. This industry is nowhere near the end of its life. That’s really important.”

Of course he was speaking at the opening of a new oil and gas technology centre in Aberdeen. An idea of his that germinated strangely enough in 2014. You don’t talk down oil when the City of Aberdeen, Aberdeen University and the University of Robert Gordon’s have put up a £180 million investment.

Meanwhile the Oil and Gas Authority said in November 2018: “The UK has enough oil reserves to sustain production for the next 20 years and beyond, according to a new industry report. The Oil and Gas Authority has estimated overall remaining recoverable reserves and resources of up to 20 billion barrels.”

The truth is there has been a string of seriously significant new finds in the North Sea and then there is the Rattray Volcanic Province. Not far from Aberdeen, scientists are getting very excited at the prospect that an area left unexplored could be an enormous oil and gas reservoir. The Energy Voice website says. “Geologists at Aberdeen University revealed last night they have discovered ‘phantom’; volcanoes that cover a ‘huge swathe’ of unexplored North Sea basin.

For decades the 3000-square-mile area was believed to contain the remains of three volcanoes that erupted 165 million years ago. The area, known as the Rattray Volcanic Province, has for years been overlooked by North Sea oil and gas firms. But Aberdeen academics now claim it could potentially yield an eruption of oil and gas reserves. Nick Schofield from the university’s School of Geosciences confirmed that “several”; large oil and gas operators had expressed interest in the study, adding that it was time to look at the basin with “fresh eyes”.

An indicator of how much oil exploration is taking place is simple enough to gauge. In a downturn the Cromarty Firth fills up with idle oil rigs, today there are none.

So that brings us back to Sir Ian Wood’s 2014 incorrect assumptions. It is possible of course that he had no knowledge of Total’s impending massive investment west of Shetland, laying a gas pipeline directly to St Fergus or these enormous huge sleeper reserves next to it waiting to be developed, who knows?

[waldron] 18/4/2019 17:22

FTSE 100
7,459.88 -0.15%
Dow Jones
26,551.61 +0.39%
CAC 40
5,580.38 +0.31%

Brent Crude Oil NYMEX 71.57 -0.07%
Gasoline NYMEX 2.02 +0.27%
Natural Gas NYMEX 2.50 -0.64%

(WTI) - 18/04 18:14:02
63.54 USD -0.25%


Eni
15.432 +0.01%



Total
50.3 +0.42%


Engie
13.335 +0.26%

Orange
14.625 +0.38%



BP
567.7 -0.75%


Shell A
2,466.5 -0.60%


Shell B
2,484 -0.70%

[waldron] 17/4/2019 17:08

FTSE 100
7,471.32 +0.02%
Dow Jones
26,444.18 -0.03%
CAC 40
5,563.09 +0.62%


Brent Crude Oil NYMEX 71.84 +0.17%
Gasoline NYMEX 2.02 +0.43%
Natural Gas NYMEX 2.52 -1.94%

(WTI) 17/04 17:55:03
64.17 USD -0.23%


Eni
15.43 +0.03%


Total
50.09 +1.08%

Engie
13.3 +0.04%

Orange
14.57 -0.07%


BP
572 +0.69%


Shell A
2,481.5 +0.55%


Shell B
2,501.5 +0.38%

[waldron] 16/4/2019 17:09

FTSE 100
7,469.92 +0.44%
Dow Jones
26,440.68 +0.21%
CAC 40
5,528.67 +0.36%


Brent Crude Oil NYMEX 71.31 +0.18%
Gasoline NYMEX 2.00 +0.25%
Natural Gas NYMEX 2.58 -0.58%

(WTI) - 16/04 17:56:07
63.63 USD +0.27%


Eni
15.426 -1.56%


Total
49.555 -1.03%

Engie
13.295 -0.15%

Orange
14.58 -0.41%


BP
568.1 -0.32%


Shell A
2,468 +0.00%


Shell B
2,492 +0.06%

[ariane] 16/4/2019 14:34

Fire out: Parts of Notre-Dame Cathedral in Paris were destroyed by Monday's fire Photo: AFP/SCANPIX
Total makes $113m Notre-Dame pledge

French player donating funds to restore Paris cathedral following fire
Anamaria Deduleasa
16 Apr 2019 12:27 GMT Updated 16 Apr 2019 12:46 GMT
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French supermajor Total has pledged to contribute €100 million ($113 million) to the reconstruction of the landmark Notre-Dame de Paris Cathedral, following Monday's devastating fire.

Chief executive Patrick Pouyanne announced the donation on Tuesday on social media.

Hundreds of millions of euros have already been pledged to help rebuild the 850-year-old cathedral after the fire partially destroyed parts of it on Monday evening.

The fire, declared fully extinguished some 15 hours after it began, destroyed Notre-Dame’s roof and caused its main spire to collapse.

The cause of the fire is not yet known.

Billionaire Francois-Henri Pinault, chief executive of the Kering group that owns the Gucci and Yves Saint Laurent fashion brands, also pledged €100 million towards the rebuilding effort.

Another €200 million was pledged by Bernard Arnault's family and their company LVMH, which includes brands like Louis Vuitton and Sephora.