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TotalEnergies SE - TTE STOCK NEWS

Welcome to our dedicated page for TotalEnergies SE news (Ticker: TTE), a resource for investors and traders seeking the latest updates and insights on TotalEnergies SE stock.

TotalEnergies SE (symbol: TTE) is a French multinational integrated energy and petroleum company founded in 1924. As one of the world's seven supermajor oil companies, TotalEnergies is a key player in the global energy market. The company is involved in all aspects of the oil and gas industry, from exploration and production to refining and distribution.

In 2023, TotalEnergies recorded an impressive production rate of 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day. By the end of 2022, the company's reserves were estimated at 10.2 billion barrels of oil equivalent, with 56% being liquids. Additionally, TotalEnergies achieved LNG sales of 44.3 metric tons in 2023. The company also has significant interests in refining, with a daily capacity of nearly 2.0 million barrels, mainly located in Europe. These refineries enable TotalEnergies to distribute refined products across 65 countries.

Moreover, TotalEnergies is making significant strides in the renewable energy sector. By year-end, the company had installed a gross renewable power generation capacity of 22.4 gigawatts. This commitment to sustainability underscores TotalEnergies' dedication to transitioning toward cleaner energy sources.

Alongside its oil and gas operations, TotalEnergies is a major player in the chemical industry, manufacturing both commodity and specialty chemicals. The company’s diverse portfolio and continuous efforts in innovation and expansion reflect its robust financial health and strategic partnerships.

Stay informed with the latest updates and developments about TotalEnergies SE on StockTitan, where you can find detailed information and news about the company’s performance and projects.

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TotalEnergies announces the first interim dividend of €0.79 per share for Fiscal Year 2024, marking a nearly 7% increase compared to 2023. The decision was made by the Board of Directors under the leadership of Mr. Patrick Pouyanné, in line with the shareholder return policy. The dividend will be paid in cash on specific dates in September and October 2024.
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TotalEnergies and Vanguard Renewables, a Portfolio Company of BlackRock’s Diversified Infrastructure Business, have formed a joint venture to develop renewable natural gas projects in the United States. The agreement, signed in New York, aims to advance 10 RNG projects with a total annual capacity of 0.8 TWh over the next 12 months. The partnership will focus on farm-based organics-to-RNG production, with initial projects in Wisconsin and Virginia.
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TotalEnergies increases its interest in the Moho field and divests two mature assets in the Republic of Congo. The company signs an agreement with Trident Energy to acquire an additional 10% interest in Moho while selling its interests in Nkossa and Nsoko II. TotalEnergies aims to focus on low cost, low emission assets and leverage its offshore expertise in the region.
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TotalEnergies has initiated the construction of a 12 MW solar project at JFK Airport in New York, in collaboration with the Port Authority of New York and New Jersey and the New York Power Authority. The project includes a solar carport with battery storage to generate clean energy for the airport and nearby communities, reducing carbon dioxide emissions by 6,000 tons annually. TotalEnergies aims to reach 10 GW of renewable power by 2025 and more than 25 GW by 2030, supporting its commitment to net zero emissions by 2050.
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TotalEnergies (TTE) discloses transactions in its own shares from April 15 to April 19, 2024. The company repurchased a total of 2,011,275 shares, spending EUR 135,835,315.05. The daily weighted average purchase price ranged from 66.82 to 68.50 EUR/share. Detailed transaction data is available on the TotalEnergies website.
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TotalEnergies signs an agreement to acquire the remaining 50% of SapuraOMV, a significant upstream gas operator in Malaysia, for $530 million, expecting to own 100% of the company by the second half of 2024. SapuraOMV's main assets include interests in block SK408 and SK310 offshore Sarawak.
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TotalEnergies launches the Marsa LNG Project in Oman, signing a Sale and Purchase Agreement with Oman LNG and confirming discussions for a renewable energy portfolio. The project includes an LNG plant, a solar power plant, and aims to be a low carbon intensity LNG facility. TotalEnergies aims to reduce emissions and support Oman's energy transition with a multi-energy strategy.
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TotalEnergies Marketing USA partners with OK Petroleum to bring high-performance products to Long Island, NY. The collaboration aims to expand TotalEnergies' product portfolio reach in the region, offering innovative lubricants and specialty fluids to local businesses.
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TotalEnergies SE (TTE) reports main indicators and estimated financial information for the first quarter of 2024, showing stable hydrocarbon production, growth in LNG production, and positive results in Integrated Power. Downstream results are expected to reflect increased refining margins, with oil and LNG trading results in line with historical averages. Sensitivities for 2024 include impacts on adjusted net operating income and cash flow from operations based on changes in dollar value, average liquids price, European gas price, and European Refining Margin Marker.
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TotalEnergies discloses transactions in own shares from April 08 to April 12, 2024, totaling 1,968,537 shares at an average price of 68.15 EUR/share, amounting to 134,160,499.72 EUR.
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FAQ

What is the current stock price of TotalEnergies SE (TTE)?

The current stock price of TotalEnergies SE (TTE) is $59.66 as of November 22, 2024.

What is the market cap of TotalEnergies SE (TTE)?

The market cap of TotalEnergies SE (TTE) is approximately 135.6B.

What is TotalEnergies SE?

TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924. It is one of the seven supermajor oil companies globally.

What are the core operations of TotalEnergies?

TotalEnergies is involved in the exploration, production, refining, and distribution of oil and gas. It also manufactures commodity and specialty chemicals and invests in renewable energy.

How much oil and gas does TotalEnergies produce daily?

In 2023, TotalEnergies produced 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day.

What are TotalEnergies’ reserves as of 2022?

By the end of 2022, TotalEnergies had reserves of 10.2 billion barrels of oil equivalent, with 56% being liquids.

How much LNG did TotalEnergies sell in 2023?

TotalEnergies achieved LNG sales of 44.3 metric tons in 2023.

Where are TotalEnergies’ refineries located?

TotalEnergies owns interests in refineries with a capacity of nearly 2.0 million barrels a day, primarily located in Europe.

In how many countries does TotalEnergies distribute refined products?

TotalEnergies distributes refined products in 65 countries.

What is TotalEnergies’ renewable power generation capacity?

As of year-end, TotalEnergies had a gross installed renewable power generation capacity of 22.4 gigawatts.

Does TotalEnergies operate in the chemical industry?

Yes, TotalEnergies manufactures both commodity and specialty chemicals, making it a significant player in the chemical industry.

Where can I find the latest news about TotalEnergies?

You can stay informed with the latest news and updates about TotalEnergies SE on StockTitan, where detailed information about the company’s performance and projects is available.

TotalEnergies SE

NYSE:TTE

TTE Rankings

TTE Stock Data

135.58B
2.26B
0%
6.87%
0.18%
Oil & Gas Integrated
Energy
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United States of America
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