ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

TTE Totalenergies Se

69.60
1.50 (2.20%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Totalenergies Se LSE:TTE London Ordinary Share FR0000120271 TOTALENERGIES ORD SHS
  Price Change % Change Share Price Shares Traded Last Trade
  1.50 2.20% 69.60 2,596,637 16:35:06
Bid Price Offer Price High Price Low Price Open Price
66.30 72.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 219.47B USD 21.38B USD 8.7423 7.95 169.95B
Last Trade Time Trade Type Trade Size Trade Price Currency
18:28:28 O 0 69.91 EUR

Totalenergies (TTE) Latest News

Totalenergies (TTE) Discussions and Chat

Totalenergies Forums and Chat

Date Time Title Posts
03/2/202407:09TOTALENERGIES SA810

Add a New Thread

Totalenergies (TTE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
18:06:4469.37200.00O
18:00:2069.76120.00O
17:56:5169.7710.00O
17:56:3569.7810.00O
17:54:4369.7610.00O

Totalenergies (TTE) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Totalenergies Daily Update
Totalenergies Se is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker TTE. The last closing price for Totalenergies was 68.10 €.
Totalenergies currently has 2,446,031,102 shares in issue. The market capitalisation of Totalenergies is £169,950,240,967.
Totalenergies has a price to earnings ratio (PE ratio) of 7.95.
This morning TTE shares opened at -
Posted at 22/11/2023 19:40 by the grumpy old men
EURONEXT Paris Share Price

TotalEnergies
61.85 -1.75%
Posted at 26/10/2023 08:49 by florenceorbis
TotalEnergies Posts Higher Q3 Attributable Net Income, Sales Decline
October 26, 2023 at 02:53 am EDT

(MT Newswires) -- TotalEnergies (TTE.PA, TTE.L, TTE.BR) said Thursday its net income for the third quarter grew, while sales decreased.

Consolidated net income attributable to the company for the three months ended Sept. 30 was $6.68 billion, compared with $6.63 billion a year ago. EPS was $2.73, compared with $2.56.

On the other hand, adjusted net income was $6.45 billion, and adjusted EPS was $2.63, compared with the year-ago period's $9.86 billion and $3.83, respectively.

The French energy company's sales were $59.02 billion, compared with $69.04 billion previously.

Meanwhile, the board decided to pay a third interim dividend for 2023 of 0.74 euro per share, up 7.25% from a year ago.

The stock rose marginally at the close of trading on Wednesday.

Price (GBP): £62.20, Change: £+0.17, Percent Change: +0.27%
Posted at 26/10/2023 08:47 by florenceorbis
TotalEnergies Posts Higher 3Q Profit, Increases Dividend
26/10/2023 8:06am
Dow Jones News




Thursday 26 October 2023


By Giulia Petroni



TotalEnergies increased shareholder distribution after its third-quarter profit rose, boosted by a supportive price environment.

The French oil-and-gas major said quarterly net profit came in at $6.68 billion compared with $6.63 billion in the same period last year. On an adjusted basis, profit was $6.45 billion.

Hydrocarbon production was 2.48 million barrels of oil equivalent a day from 2.67 million boe/d in the previous year. Excluding Russia's Novatek, production was up 5% on year boosted by the start-up of several projects.

The company expects fourth-quarter production of between 2.4 million boe/d and 2.5 million boe/d, reflecting the impact of the sale of oil sands assets in Canada.

Quarterly sales fell to $59.02 billion from $69.04 billion in the year-earlier period.

TotalEnergies said it anticipates cash proceeds of around $4.1 billion in the fourth quarter from the Canadian assets divestments, which could bring gearing below 8%. It plans net investments of between $16 billion and $17 billion for the current year.

The company will distribute a third interim dividend of 0.74 European cents ($0.78) a share for 2023, up 7.25% on year. Shareholder distribution is close to 43% of cash flow from operations at the end of September, in line with annual guidance of more than 40%.



Write to Giulia Petroni at giulia.petroni@wsj.com



(END) Dow Jones Newswires

October 26, 2023 02:51 ET (06:51 GMT)
Posted at 27/9/2023 15:05 by florenceorbis
TotalEnergies Plans to Increase Shareholder Returns, Oil-and-Gas Production
27/09/2023 2:41pm
Dow Jones News



Wednesday 27 September 2023


By Giulia Petroni



TotalEnergies plans to boost shareholder distributions and increase its oil-and-gas production as part of its newly released strategy.

The French major said Wednesday that it expects to return around 44% of cash flow from operations to shareholders in the current year and allocate $1.5 billion from divestment proceeds of Canadian assets to share buybacks, reaching $9 billion.

It also increased the distribution guidance to more than 40% of CFFO beyond 2023, with net investments of $16 billion-$18 billion per year over the 2024-28 period.

TotalEnergies said it plans to grow its oil-and-gas production by 2% to 3% a year over the next five years, mainly from liquefied natural gas. The oil-and-gas business is expected to generate more than $3 billion of additional underlying cash flow in 2028 compared to 2023 levels at constant prices, it said.

In regards to its low-carbon portfolio, the company said it aims to increase power generation to more than 100 terawatt-hours by 2030 by investing $4 billion per year. It also plans to increase cash flow to more than $4 billion by 2028 from around $2 billion in 2023.

The company said it is building a portfolio that combines renewables, combined-cycle power plants and storage, with the aim to achieve a return on average capital employed of around 12%.



Write to Giulia Petroni at giulia.petroni@wsj.com



(END) Dow Jones Newswires

September 27, 2023 09:26 ET (13:26 GMT)
Posted at 07/9/2023 06:59 by ariane
SPLASH

Maersk and TotalEnergies lose $187m Danish Supreme Court tax case

September 7, 2023


A.P. Moller – Maersk and TotalEnergies were dealt a blow by the Danish Supreme Court this week in a long-running dispute with the country’s tax authorities over income from oil and gas businesses in Algeria and Qatar.

The case involving the alleged misuse of transfer pricing was filed by the Danish Ministry of Taxation, claiming that Maersk’s oil unit, offloaded to TotalEnergies in a $7.45bn share and debt deal in 2017, had evaded tax in Denmark between 2006 and 2008.

According to court documents, the tax ministry claimed Maersk’s oil business over the specified period provided goods and services to two subsidiaries for free, altering its taxable income in Denmark.

The Supreme Court ruled that Maersk and TotalEnergies must pay tax on DKK1.3bn ($187m) of income generated from 2006 to 2008, overturning the country’s high court verdict in March 2022. The two companies also need to pay DKK4m in legal fees and DKK3m in interest to the tax ministry within two weeks.

“While we are surprised with the ruling it will not have any financial consequences for A.P. Moller – Maersk, since it has already been reflected in our annual tax payments throughout the relevant period to avoid interest payments,” Maersk said in a statement.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
Posted at 28/8/2023 06:06 by ariane
Sasol, TotalEnergies Face ZAR1.3 Billion Lawsuit From South Africa's Transnet
Today at 12:36 am

(MT Newswires) -- South African freight and ports company Transnet filed a 1.28 billion-rand lawsuit against energy giants Sasol (SOL.JO) and TotalEnergies (TTE.PA, TTE.L, TTE.BR) for short-paying tariffs for the transport of crude oil.

For the use of its pipeline, the state-owned company is seeking 815 million rands from Sasol and 461 million rands from TotalEnergies, Business Day reported Monday.

Sasol closed 2% in the green in Aug. 25 trading, while TotalEnergies was up marginally.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (GBP): £23862.00, Change: £+357.00, Percent Change: +1.52%
Posted at 16/7/2023 09:19 by adrian j boris
How Big Oil Hijacked Germany’s Multi-Billion-Dollar Offshore Wind Auction


By Alex Kimani - Jul 14, 2023, 6:00 PM CDT

BP secured leases at two North Sea sites off the coast of Helgoland with total generating potential of about four gigawatts, paying a total of $7.5 billion.

TotalEnergies--through local subsidiaries--secured the other two sites for a total of $6.5 billion.


The U.S. government is considering opening 30 million acres of the Gulf of Mexico near Texas and Louisiana to offshore wind energy projects.



European oil and gas supermajors BP Plc (NYSE:BP) and TotalEnergies (NYSE:TTE) have won all of the capacity on offer in Germany’s 7GW offshore wind auction, the country’s biggest in history.


BP secured leases at two North Sea sites off the coast of Helgoland with total generating potential of about four gigawatts, paying a total of $7.5 billion.


The new sites--BP's first offshore wind projects in Germany--will nearly double the company’s global offshore wind pipeline.



Meanwhile, TotalEnergies--through local subsidiaries--secured the other two sites for a total of $6.5 billion. Germany currently has 8.4GW of operational offshore wind capacity.

“These awards are a huge milestone for BP's decarbonization plans in Germany and are a strong reflection of our wider strategy.

The renewable power we aim to produce will anchor the significant demand we expect for green electrons for our German operations," Anja-Isabel Dotzenrath, BP's EVP for gas and low-carbon energy, said.

But not everyone is particularly pleased with these giant clean energy projects. Multiple bidders, including the winning bids, pledged to build without any subsidies or state support aka ‘‘negative bidding’’;, thus triggering an additional “dynamic bidding procedure”. Negative bidding creates additional costs for offshore wind developers, which they pass on either to the supply chain, already struggling with inflation, or to the consumers, who are grappling with higher electricity prices and costs of living.



Indeed, WindEurope has called for an end to financial bid auctions after BP’s and Total’s historic wins:

“Crucially the European Union wants to strengthen its energy security with competitive and home-grown renewables. The EU needs as much new wind energy capacity as it can get, as fast as it can get it. All the money paid in negative bidding is money our companies cannot invest in other wind energy projects. European governments should therefore not follow the German example of negative bidding. For example the industrial capacity for the construction of wind turbines, foundations and the installation vessels. But investments are also needed in grids, ports and skilled workers. Negative bidding is unhelpful here. Companies along the wind energy supply chain will have to work with even tighter margins, as developers pass on the extra costs of negative bidding to them,” the trade body said.

Gulf Of Mexico Gearing For Massive Offshore Wind Scheme

Back in the United States, the offshore wind sector is beginning to garner some serious attention after receiving more than its fair share of flak by the former president. Last year, the Biden administration outlined a range of clean energy initiatives, key among them plans to hold the largest-ever sale of offshore wind leases in U.S. history and accelerate the deployment of new power lines to transmit renewable electricity across the country.

At the center of the offshore push was the sale of six commercial leases in the New York Bight between Long Island and New Jersey, the most successful offshore wind lease auction in history. The 488,000 acres offshore wind lease auction fetched a record $4.37 billion from companies looking to develop the waters, with the installed capacity expected to be between 5.6 GW and 7 GW, enough to power 2 million homes. The Department of Energy also launched a Building a Better Grid initiative that will tap billions of dollars in funding from the $1T infrastructure law passed in November to finance new lines and grid upgrades.

Well, the Biden administration is planning to roll out a giant offshore wind project that will dwarf New York Bight.

According to Politico, the U.S. government is considering opening 30 million acres of the Gulf of Mexico near Texas and Louisiana to offshore wind energy projects, part of Biden’s goal to build 30 gigawatts of wind power capacity by 2030, enough to power more than 10 million homes.

According to a report by the National Renewable Energy Laboratory (NREL), the U.S. will need more than 2,100 wind turbines, at least 2,100 foundations, more than 11,000 kilometers of cables and five wind turbine installation vessels to achieve its offshore wind energy target. Currently, the country has more than 70,000 existing wind turbines listed in continental U.S.

Perfect Fit

Though the Gulf’s waters haven’t sprouted any wind turbines yet, there are several reasons why the Gulf of Mexico is a perfect fit as an offshore wind hub.

First off, the Gulf Coast also has an abundance of companies and workers with decades of experience in producing energy offshore. According to the Energy Information Administration, Gulf of Mexico federal offshore oil production accounts for 15% of total U.S. crude oil production. Major fields include Eugene Island block 330 oil field, Atlantis Oil Field, and the Tiber oilfield (discovered 2009) while notable oil platforms include Baldpate, Bullwinkle, Mad Dog, Magnolia, Mars, Petronius, and Thunder Horse.

“We have a really mature base for energy. We’ve got the know-how,” Lefton said. The people, the companies, the manufacturers that know how to do [Outer Continental Shelf] energy development are in the Gulf of Mexico,” the Interior Department’s Bureau of Ocean Energy Management director Amanda Lefton has told Politico.

According to Hayes Framme, government relations manager for North America at Danish wind giant Ørsted A/S (OTCPK:DNNGY), the Gulf’s existing oil and gas infrastructure represents “a historic expertise.”

“One of the things that makes the Gulf area attractive is the fact that you’ve got a workforce that is accustomed to working on rigs in the ocean. It’s not like you have to build an industry. What you have to do here is basically help an existing industry evolve,’’; Dennis Arriola, CEO of the renewable energy company Avangrid Inc. (NYSE:AGR), has said.

Michael Hecht, the president and CEO of Greater New Orleans, says jobs in the Gulf’s traditional oil and gas industry have declined during the past decade, creating a sense of urgency to make a transition that allows people to retain their skills.

The Gulf could also become an important hydrogen hub, with wind power being used to generate green hydrogen to reduce greenhouse gas emissions from industries such as long-haul trucking, fertilizer manufacturing and aviation.

By Alex Kimani for Oilprice.com
Posted at 04/6/2023 06:44 by la forge
In accordance with its policy in favour of employee shareholding, the Board of Directors of TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) decided, on September 22, 2022, to carry out a capital increase reserved for eligible employees and former employees of TotalEnergies SE and its French and foreign subsidiaries in which the Company holds directly or indirectly more than 50% (in terms of capital or voting rights), that are members of the PEG-A Group savings plan, in France and abroad, under the conditions set by the twenty-second resolution at the Shareholders' Meeting of May 25, 2022.



On April 26, 2023, the Chairman and CEO set (i) the subscription period from April 28 to May 15, 2023 (included) and (ii) the subscription price at 45.60 euros per share, corresponding to the average of the closing prices of the TotalEnergies share on Euronext over the twenty trading sessions preceding the date of this decision, reduced by a 20% discount and rounded off to the highest tenth of a euro.



At the end of this period, 52,602 employees in 94 countries, representing 45.8 % of the eligible employees and former employees, subscribed to this capital increase for an amount of



353.9 million euros. These results are on the rise compared to the last two years in terms of participation rate and amount subscribed.



"The development of employee share ownership is at the heart of TotalEnergies' value share policy as it represents the best way to closely associate employees with its economic performance, strengthen their sense of belonging and align the interests of employees and shareholders. Once again this year, TotalEnergies' employees have confirmed their attachment to the Company and fully supported the strategy of transforming TotalEnergies into a multi-energy company, by subscribing largely to the capital increase reserved for them.", declared Patrick Pouyanné, Chairman and CEO of TotalEnergies.



As a result, 8,002,155 new shares will be issued on June 7, 2023. They will carry immediate dividend rights and will be fully assimilated with TotalEnergies shares already listed on Euronext.



Following this issuance, the employee shareholders in TotalEnergies SE's share capital, within the meaning of Article L. 225-102 of the French Commercial Code, will represent 7.67% of the Company's share capital as of June 7, 2023.
Posted at 27/4/2023 09:08 by adrian j boris
TOTALENERGIES SE: Dividend Declaration
27/04/2023 7:36am
UK Regulatory (RNS & others)

TIDMTTE



TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE):



The Board of Directors meeting on April 26, 2023 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, decided the distribution of a first interim dividend of 0.74 EUR/share for fiscal year 2023, an increase of 7.25% compared to the three interim dividends paid for fiscal year 2022 and identical to the final ordinary dividend for fiscal year 2022. This increase is in line with the shareholder return policy confirmed by the Board of Directors in February 2023.



This interim dividend will be paid in cash exclusively, according to the following timetable:


Shareholders ADS holders
Ex-dividend date 20 September 2023 15 September 2023
Payment date 2 October 2023 12 October 2023
Posted at 17/4/2023 11:20 by grupo guitarlumber
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the delivery of a first liquefied natural gas (LNG) cargo to the Dhamra LNG terminal, located in the state of Odisha on the east coast of India and owned and operated by Adani Total Private Limited (ATPL), a 50-50 joint venture between TotalEnergies and Adani. This delivery enables the gradual commissioning of the terminal, which is expected to start commercial operations at the end of May 2023.



With regasification capacity of 5 million metric tons of LNG per year, the Dhamra LNG terminal adds more than 10% to India's regasification capacity, strengthening the country's position as the world's fifth largest LNG importer and allowing it to increase the share of natural gas in its energy mix from 8% to 15% by 2030 to reduce its carbon intensity.



"We are pleased to have completed the first delivery of LNG to the new Dhamra LNG terminal, developed in partnership with Adani, with a cargo from Qatar. India wants to develop the use of natural gas to reduce the carbon intensity of its energy mix by replacing coal, and LNG can therefore meet growing domestic demand. The commissioning of the Dhamra terminal reflects TotalEnergies' ambition to support India's energy transition and supply security," said Thomas Maurisse, Senior Vice President LNG at TotalEnergies.

TotalEnergies, the world's third largest LNG player



TotalEnergies is the world's third largest LNG player with a market share of around 12% and a global portfolio of about 50 Mt/y thanks to its interests in liquefaction plants in all geographies. The Company benefits from an integrated position across the LNG value chain, including production, transportation, access to more than 20 Mt/y of regasification capacity in Europe, trading, and LNG bunkering. TotalEnergies' ambition is to increase the share of natural gas in its sales mix to close to 50% by 2030, to reduce carbon emissions and eliminate methane emissions associated with the gas value chain, and to work with local partners to promote the transition from coal to natural gas.

About TotalEnergies



TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
Totalenergies share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock